NYC’s top deals: Financier sells Tribeca condo for $6M
There were 164 deals totaling about $626 million recorded across New York City on Tuesday, Aug. 19, 2025. 🏆 Residential: Tribeca notched the top residential sale recorded in New York today. A condo at 61 North Moore Street traded for $5.7 million, a touch above ask. The seller was Akarin Gaw, a fin
Midtown Class A office tower ground lease takes 90% valuation hit
Midtown, especially around Grand Central, is booming. But not for everyone. The ground lease for the office building at 1140 Sixth Avenue has seen a massive valuation drop to the tune of 90 percent; it was appraised at $180 million in 2016, and today it’s worth just $17.8 million, according to Morn
Shvo seeks to evict Core Club from 711 Fifth Avenue
Shvo is seeking to kick Core Club to the curb. Michael Shvo’s firm started the process of evicting the exclusive members-only club from 711 Fifth Avenue, the former Coca-Cola Building. The luxury developer and the ritzy social club have been engulfed in a gripping legal drama. In 2024, Core Club al
Categories
Recent Posts
