Health Exec & Producer Sell UES Co-op for $18M
Big Apple real estate deals totaled $262 million in 24 hours, including a $18M co-op sale in Carnegie Hill.
Two notable New Yorkers have parted ways with their UES co-op, selling it for a whopping $18 million in the city's top real estate deal of the day.
The unit, located at 1125 Fifth Avenue in the exclusive Carnegie Hill neighborhood, was sold by Steven and Debra Wisch. Steven Wisch, the co-founder and executive chairman of healthcare company Network Eye, and Debra Wisch, a documentary film producer, were the sellers of the unit.
The four-bedroom co-op spans 4,600 square feet and was purchased by a trust. The deal, which was the top residential transaction of the day, pencils out to $3,913 per square foot.
This sale is just one of the 193 transactions that took place in New York City, totaling a whopping $262 million. The data, which was recorded in the 24 hours leading up to 4:00 p.m. on Tuesday, Sept. 16, highlights the continued strength of the city's real estate market.
While this sale may seem extravagant, it's not uncommon for high-profile individuals to invest in luxury properties in New York City. And with the Wisches' impressive professional backgrounds, it's no surprise they were able to afford such a luxurious co-op.
Despite the controversies and criticisms surrounding the city's real estate market, deals like this continue to prove its resilience and appeal to wealthy buyers.
https://therealdeal.com/new-york/2025/09/17/new-york-top-real-estate-deals-tuesday-sept-16-2025/