Real Estate Transactions of the Year
Luxury Properties on the Market
The year ended with a flurry of pricey transactions in the real estate market, with several high-profile properties changing hands. Among the notable sales was the duplex once shared by actor Robert De Niro and his ex-wife, philanthropist Grace Hightower.
The De Niro-Hightower Duplex
The luxurious duplex, located in the Tribeca neighborhood, was sold for a whopping $25 million. The property features six bedrooms, six bathrooms, and over 6,000 square feet of living space. The sale marked a significant departure from the couple’s 1997 purchase price of $3.9 million.
Francisco Lindor’s Penthouse Purchase
In another notable transaction, New York Mets shortstop Francisco Lindor purchased an Upper East Side penthouse for $12.5 million. The three-bedroom, three-and-a-half bathroom apartment boasts stunning views of the city and features a private outdoor space.
Other Notable Sales
Other pricey properties that changed hands this year include:
- A West Village townhouse sold for $17 million
- A Brooklyn Heights penthouse sold for $10 million
- A Hamptons estate sold for $15 million
Market Trends
The luxury real estate market saw a surge in sales this year, with prices reaching new highs. According to industry experts, the market’s strength can be attributed to low interest rates and a growing demand for high-end properties.
Conclusion
As the year comes to a close, it’s clear that the luxury real estate market is hotter than ever. With prices reaching new heights and high-profile properties changing hands, it’s an exciting time to be a buyer or seller in the market. As we look to the future, it will be interesting to see how the market continues to evolve and what new trends emerge.
FAQs
Q: What was the sale price of the De Niro-Hightower duplex?
A: The duplex was sold for $25 million.
Q: Who purchased the Upper East Side penthouse?
A: New York Mets shortstop Francisco Lindor purchased the penthouse.
Q: What were some other notable sales this year?
A: Other notable sales included a West Village townhouse sold for $17 million, a Brooklyn Heights penthouse sold for $10 million, and a Hamptons estate sold for $15 million.
Q: Why did the luxury real estate market see a surge in sales this year?
A: According to industry experts, the market’s strength can be attributed to low interest rates and a growing demand for high-end properties.
