NYC’s top deals: $13M condo trades at Witkoff and Access’ One High Line

July 4, 2025 / no comments

There were 289 deals recorded, totaling about $505 million, in New York City on Thursday, July 3. 🏆 Residential: The top residential sale recorded in New York City was for a Chelsea condominium at One High Line, Witkoff Group and Access Industries’ luxury development at 500 West 18th Street. Mark Terrano paid $13.1 million for […]

This article originally appeared on The Real Deal. Click here to read the full story.

The Daily Dirt: What affordable housing costs in the real world, not Mamdani’s

July 4, 2025 / no comments

When I get a press release about an affordable housing development with a price tag and unit count, I do a crude calculation: dollars per unit. This does not produce apples-to-apples comparisons or a definitive metric, because projects often include other uses, and apartment sizes vary. For example, a Queens-based “human justice organization” called Elmcor […]

This article originally appeared on The Real Deal. Click here to read the full story.