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NYC Real Estate Moves & School Conversions | Real Estate News
Description
New York City real estate just hit a major milestone with over 150 transactions totaling $200 million on Friday—featuring a $7.3M industrial deal in Sunset Park and a jaw-dropping $7.8M penthouse in Williamsburg. Meanwhile, a classic Upper East Side co-op sold for a slight loss, reminding us the market’s always evolving. And nationwide, a bold trend’s taking off: turning shuttered schools into homes—370 buildings repurposed so far, with 9,000 more on the way in 2024 alone, offering a smart, scalable solution to the housing crunch.
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