There were 200 transactions totaling $289 million filed in New York City records in the 24 hours before 4 p.m. on Friday, March 6, 2026.
🏆 Residential: The top home sale to hit records was for a sponsor unit along Billionaires’ Row. JDS Development Group and Property Markets Group sold a nearly 4,500-square-foot pad at 111 West 57th Street for $18 million, or just over $4,000 per square foot. The buyer was 8u8 Keys LLC. The unit, which has three bedrooms and three and a half bathrooms, had a most recent asking price of $18.3 million. A team led by Nikki Field of Sotheby’s International Realty is handling sales at the luxury development.
🏆 Commercial: The top commercial deal to be recorded was in Lenox Hill, with hospitality company The Dinex Group, founded by restaurateur Daniel Boulud, selling a commercial condo at 610 Park Avenue, also known as 60 East 65th Street, for $18.5 million. The buyer was an LLC tied to SL Green Realty Corp. Boulud’s Michelin-starred restaurant, Daniel, appears to occupy the nearly 18,000-square-foot space.
📊 Residential: Andrew Cohen, chief investment officer at Point72, and his wife, Suzi Kwon Cohen, chief investment officer at Mousse Partners, purchased a full-floor co-op at 1125 Fifth Avenue in Carnegie Hill for $11 million. The seller was a trust tied to Anne Cowett, Frederick Cowett and Andrew Weiss. The home measures about 4,500 square feet, according to a former listing for the residence.
📊 Residential: A 3,000-square-foot sponsor unit at Related and Oxford Properties Group’s 15 Hudson Yards sold for $8.1 million to Trident RE Holdings. The sale pencils out to roughly $2,700 per square foot. The condo has four bedrooms and four and a half bathrooms. Its last asking price was $8.5 million. Corcoran’s Hottinger Team and Arsic Lau Team are handling sales at the property.
📊 Commercial: In Jamaica, Queens, a development site at 147-27 Archer Avenue traded for $17 million. The seller of the site, comprising an auto body shop and two adjacent vacant parcels, was an LLC tied to the Chetrit Group and Peter Kulka. The buyer was an LLC tied to Peter Abowitz. Chetrit purchased a stake in the site in 2022 for $10.3 million, and Chetrit had planned to construct a 20-story, 359-unit project for the property, according to Crain’s.
By the Numbers: What are the best U.S. counties for single-family rentals?
Several Midwestern and Southern single-family rental markets are bucking the national trend of slowing home price appreciation amid strong rental yields.
Much of the country is grappling with declining cash flows and stagnant home prices, according to a new report from data provider Attom that looked at the single-family rental markets in 416 counties with enough data.
From 2025 to 2026, nearly 55 percent of the counties Attom analyzed that had enough data for both years reported declining rental yields. However, landlords have been charging more for rent than they used to, due to the increasing expenses of owning and operating properties.
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