"The top commercial real estate transaction to hit records was in Midtown, where Gary Barnett’s Extell Development Company closed on the sale of a development site at 405-407 Park Avenue for about $451 million, according to deeds filed with the city. Sources previously told The Real Deal that the sellers were seeking north of $500 million for the site, and that Extell was also set to acquire air rights from the nearby Central Synagogue. Swedish investor Corem Property Group AB was the seller of 407–417 Park Avenue, and Deutsche Bank’s asset management arm and MRP Realty were the sellers of 405 Park Avenue."

Read

May 10, 2026

Cut the Small Talk. Rich New Yorkers Are Ditching Their Doormen.

"As the keepers of some of New York City’s most upscale buildings, doormen are often equated with luxury living—whether it’s opening doors, accepting packages or monitoring who’s coming and going, they provide a service that, to some home buyers, is irreplaceable. But for others, living in a doorman building isn’t the ultimate luxury that it once was. "

Read

May 2, 2026

Zohran Mamdani is calling out billionaires by name — flagging Citadel CEO Ken Griffin and his $238 million mega penthouse he rarely visits

"When Zohran Mamdani ran for New York City mayor, he promised (1) to tax the rich. On Tax Day 2026, he made good on it, and he's not being subtle about who he's coming for. The mayor, along with Governor Kathy Hochul, jointly announced (2) New York State's first-ever pied-à-terre tax: an annual surcharge on luxury second homes valued above $5 million, owned by people whose primary residence is outside New York City."

Read

April 19, 2026

Zohran Mamdani is calling out billionaires by name — flagging Citadel CEO Ken Griffin and his $238 million mega penthouse he rarely visits

"When Zohran Mamdani ran for New York City mayor, he promised (1) to tax the rich. On Tax Day 2026, he made good on it, and he's not being subtle about who he's coming for."

Read

Middle Name

Name

Phone

Select a Topic

Message

I agree to be contacted by SERHANT. via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy.

Get In Touch

Are you interested in buying or selling a home? Look no further than working with our real estate experts.

Middle Name

Please enter a valid email.

The Kantha Team

Team Members

Active Listings

Filters

Select Region

Filter By Features

Filter By Type

Past Sales

Past Rentals

Press & Media

NYC’s top deals: Brooklyn Heights townhouse sells for $13M

Cut the Small Talk. Rich New Yorkers Are Ditching Their Doormen.

Zohran Mamdani is calling out billionaires by name — flagging Citadel CEO Ken Griffin and his $238 million mega penthouse he rarely visits

Zohran Mamdani is calling out billionaires by name — flagging Citadel CEO Ken Griffin and his $238 million mega penthouse he rarely visits

Get in Touch