Manhattan’s luxury real estate market saw buyers ink 50 deals in seven days for properties asking a combined $484 million, the largest dollar volume in a single week since 2013. It’s the third time this year the number of contract signings for luxury Manhattan homes hit 50 or more, according to the Olshan Report, which tracks Manhattan contract activity for homes asking at least $4 million. The highest weekly volume, in terms of combined asking
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The “taxi king” is no more. Evgeny “Gene” Freidman, an immigrant cabdriver’s son who amassed the largest collection of taxi medallions in New York City and parlayed some of his fortune into real estate before creditors and authorities caught up to him, died Sunday. He was 50, and the cause of death was a heart attack, sources close to the family told The Real Deal. “Gene will be remembered for his unique and colossal personality,