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NYC’s top deals: Stalled Williamsburg hotel dev site trades for $30M
['Mary Diduch']
New York - The Real Deal
🏆 Residential: Soho had the priciest residential sale to hit property records.
The condo spans 4,100 square feet and has three bedrooms, three bathrooms, oversized window, a fireplace and exposed brick walls.
📊 Commercial: In Williamsburg, a stalled developmen site at 159 Broadway traded for $30 million.
The two-parcel site sits in an Opportunity Zone and has been approved for a 26-story, hotel/residential building.
By the Numbers: Homebuyers walked away from deals at record rate in DecemberIn yet another troubling sign for the U.S. home sale market, buyers across the country canceled home sales in December at the highest rate since the pandemic.