There have been 167 transactions totaling $1.1 billion filed in New York Metropolis information within the 24 hours earlier than 4 p.m. on Friday, Jan. 23, 2026.
🏆 Residential: The highest residence sale recorded in New York was for a sponsor unit on the Reuben Brother’s The Surrey Residences at 20 East 76th Road on the Higher East Aspect. An LLC tied to Greek businessman and Libra Group founder George Logothetis paid $28 million for a 5,400-square-foot pad with six bedrooms, 5 full loos and two half loos. The deal works out to about $5,300 per sq. foot. Logothetis recently sold the former Rockefeller townhouse at 13 East 94th Road — which seems on a mortgage associated to the newest buy — for $15.5 million.
🏆 Industrial: The highest business actual property transaction was with SL Inexperienced Realty Corp., whose acquisition of the Park Avenue Tower at 65 East 55th Street within the Plaza District for $730 million hit information. The vendor was Blackstone, which had purchased the constructing in 2014 for $750 million. The Class-A workplace property stands 36 tales tall and measures practically 622,000 sq. ft. SL Inexperienced financed the cope with a brand new $480 million CMBS mortgage.
📊 Residential: Within the West Village, a rental at 150 Charles Road modified arms for $16.3 million. The customer was Moon Shadow New York LLC. The vendor, Charles 14B LLC, had bought the unit in 2016 for $14.5 million, or about $4,300 per sq. foot. The three,400-square-foot pad has 4 bedrooms, 4 and a half baths and direct elevator entry. The unit has been on and off the market since 2024, when its preliminary asking value was about $19.8 million. Douglas Elliman’s Raphael De Niro and James Flowers had the itemizing.
📊 Residential: An LLC tied to a Texas-based ophthalmologist, Dr. Maurice Syrquin, shed a mixed rental on the Trump Tower at 721 Fifth Avenue in Midtown for $8.2 million. The LLC had acquired three items in 2021 for $6.2 million, then bought one of many items in 2023 for just below $2 million. The brand new proprietor of the mixed pad is WTMNYC LLC. The unit spans 2,600 sq. ft and has three bedrooms and three and a half loos. Rana Williams with Keller Williams represented the vendor. The transaction works out to about $3,200 per sq. foot.
📊 Residential: Investor Mo Kofman and his spouse, inside designer Hilary Koyfman, bought a co-op at 200 Hicks Road in Brooklyn Heights for $7.5 million, or $2,500 per sq. foot. The customer was Clara Molot. The three-bedroom residence measures 3,000 sq. ft. Corcoran’s Leslie Marshall and Nick Hovsepian had the itemizing.
By the Numbers: CMBS issuance hits nearly 20-year peak in 2025
Issuance of business mortgage-backed securities hit an almost 20-year excessive final yr.
Home, private-label originators issued $125.6 billion value of CMBS loans throughout 173 offers, a 21 p.c improve in comparison with the yr earlier than, in keeping with information from Trepp. That greenback quantity was the best since 2007, when CMBS issuance reached $230.5 billion.
CMBS offers backed by workplace buildings had the best steadiness issued final yr, at practically $29 billion. That was up yr over yr by nearly 207 p.c, underscoring the shifting demand for workplace properties because the asset class continues to emerge from the pandemic-era crash.
In the event you like this digest, you will get it even earlier — each night — by subscribing to TRD Knowledge, here.
