realestate

NYC's biggest deal: Norges acquires 1177 Sixth Ave for $572M

137 NYC transactions, $820M, last 24 hrs; top sale: Carnegie Hill co-op by Brian & Cayla Davis.

W
ithin 24 hours ending 4 p.m. on Friday, Oct 10, New York City logged 137 real‑estate deals worth $820 million. The most expensive residential transaction was a co‑op in Carnegie Hill at 1220 Park Avenue. Brian and Cayla Davis sold the 3,200‑sq‑ft, four‑bedroom unit for $5.5 million—just below the asking price—to attorney Willard Boothby and executive recruiter Alice Haven Thompson. The property, listed in June by Brown Harris Stevens, trades at roughly $1,700 per square foot.

    The city’s largest commercial sale was the 47‑story Americas Tower at 1177 Avenue of the Americas. Norges Bank Investment Management and Beacon Capital Partners bought the 1‑million‑sq‑ft building for $572 million from Silverstein Properties and the California State Teachers’ Retirement System. The deal, priced at $572 per square foot, was brokered by Eastdil Secured’s Gary Phillips, Will Silverman and Sarah Lagosh.

    Other notable transactions include a three‑family townhouse in Boerum Hill that changed hands for $5.7 million. Sellers Ruth Schulder and Forrest Zlochiver had purchased the property in 2013 for $2.8 million; buyers neurosurgeon Dr. Erez Nossek and Sharon Berger paid $5.7 million after the unit, listed by Compass in June, had an asking price of $5.3 million. A four‑family home at 29 Second Place in Carroll Gardens sold for $5.5 million to an LLC linked to Carrie Dionisio, while the seller’s LLC, tied to Angela and Joseph Ruggiero, had bought the 4,800‑sq‑ft property in 2012 for $2.1 million.

    The 83‑unit apartment building at 10 Rutgers Street in Two Bridges closed at $56.3 million. The buyer, an LLC affiliated with Tokyu Land U.S. Corp. Acquisitions, paid the price to a seller LLC associated with AMAC, which had acquired the building in 2018 for $59 million. A $30.9 million mortgage remains on the transaction.

    In Greenwich Village, investment banker Robert Mitchell Theiss sold a co‑op at 119 Waverly Place for $5.1 million. Buyers Christine and Mark Fisher purchased the four‑bedroom duplex with a private rooftop deck; the unit had been listed in March for $5.8 million by Elegran.

    Nationally, the average asking rent fell $6 to $1,750 in September—its steepest monthly drop since November 2022, according to Yardi Matrix. For more timely updates, subscribe to TRD Data’s daily digest.

Norges acquires 1177 Sixth Ave in NYC for $572M.