NYC's top deals: Madison Realty Capital's Joshua Zegan scoops up $20M pad in Lenox Hill
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NYC's top deals: Madison Realty Capital's Joshua Zegan scoops up $20M pad in Lenox Hill
There were 206 transactions totaling $517 million filed in New York City records in the 24 hours before 4 p.m. on Friday, Feb. 20, 2026. A Lenox Hill sponsor unit at 200 East 75th Street sold for $19.8 million to an LLC tied to Joshua Zegen; the full-floor condo spans more than 6,100 square feet with five bedrooms, six bathrooms, two powder rooms, a media room and a library. An entity tied to The Arker Companies acquired the eight-building Park Hill Apartment complex in Staten Island for $364.7 million and plans a $165 million renovation. A 7,000-square-foot industrial building in Long Island City sold for $15.4 million to an EMP Capital Group affiliate. Extell sold a sponsor unit at 50 West 66th Street for $8.9 million, and the estate of Mimi Falcone sold a West Village townhouse for $8 million.
"was in Lenox Hill. EJS Development sold a sponsor unit at 200 East 75th Street for $19.8 million. The buyer was an LLC tied to Madison Realty Capital's Joshua Zegen. The full-floor condo spans more than 6,100 square feet, with five bedrooms, six bathrooms, two powder rooms, a media room and a library. Compass is handling sales at the property."
"Avenue for $364.7 million, according to city records and Crain's New York Business. The seller was DelShah Capital, which had owned the property for decades. Arker and its partners, L+M Development Partners and LIHC Investment Group, plan to undertake a $165 million renovation of the complex, which had been the subject of numerous resident complaints, over the next couple of years, according to SILive.com."
Read at therealdeal.com
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