"Residential: The top home sale to hit records was in Greenwich Village, where a condo at 160 West 12th Street changed hands for just under $15 million or roughly $5,200 per square foot. The seller was an LLC tied to real estate investor Joseph Azrack and the buyer was a trust. The seller had owned the unit since 2016, when it paid just under $10 million."
"Commercial: The Ritz-Carlton New York's hotel and commercial space traded for $320 million marking the top commercial deal to hit records in the Big Apple. The seller of the 253-key property, located at 50 Central Park South, was Westbrook Partners, and the buyer was Gencom, which also refinanced the building's $235 million loan, assigned to Bank Inbursa. Westbrook, looking to exit the hotel sector, also sold another Ritz-Carlton hotel in Washington, D.C."
"Commercial: In Cobble Hill, Henry Elghanayan's Rockrose Development purchased, from an entity tied to SUNY Downstate Health Sciences University and Long Island College Hospital, a property at 340 Henry Street for $100 million. The building spans 258,000 square feet and last traded in 2011 for $44.3 million. A 21,800-square-foot retail property at 312 Roebling Street in South Williamsburg traded for $17 million."
New York City recorded 180 property transactions totaling $765 million in the 24 hours before 4 p.m. on Feb. 18, 2026. A Greenwich Village condo at 160 West 12th Street sold for just under $15 million, about $5,200 per square foot. The Ritz-Carlton New York at 50 Central Park South traded for $320 million, sold by Westbrook Partners to Gencom. Rockrose Development bought 340 Henry Street in Cobble Hill for $100 million. A retail property at 312 Roebling Street in South Williamsburg sold for $17 million. An Upper East Side townhouse at 36 East 63rd Street went for $46.8 million.
Read at therealdeal.com
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