There have been 206 transactions totaling $517 million filed in New York Metropolis information within the 24 hours earlier than 4 p.m. on Friday, Feb. 20, 2026
🏆 Residential: The highest dwelling sale to hit information was in Lenox Hill. EJS Improvement bought a sponsor unit at 200 East seventy fifth Road for $19.8 million. The client was an LLC tied to Madison Realty Capital’s Joshua Zegen. The complete-floor apartment spans greater than 6,100 sq. ft, with 5 bedrooms, six bogs, two powder rooms, a media room and a library. Compass is dealing with gross sales on the property.
🏆 Industrial: The highest industrial deal to be recorded was in Staten Island, the place an entity tied to The Arker Firms has taken over the eight-building Park Hill Residence advanced at 140-180, 185-225 and 240-280 Park Hill Avenue for $364.7 million, in line with metropolis information and Crain’s New York Business. The vendor was DelShah Capital, which had owned the property for many years. Arker and its companions, L+M Improvement Companions and LIHC Funding Group, plan to undertake a $165 million renovation of the advanced, which had been the topic of quite a few resident complaints, over the following couple of years, in line with SILive.com.
📊 Industrial: In Lengthy Island Metropolis, a 7,000-square-foot industrial constructing at 35-43 thirty seventh Road bought for $15.4 million. The sellers have been corporations tied to Jeffrey Sitomer and Jeff Gruebel, and the client was an affiliate of Elie Pariente’s EMP Capital Group, which in January filed an utility to demolish the construction.
📊 Residential: Gary Barnett’s Extell Improvement Firm bought a sponsor unit at 50 West 66th Road within the Higher West Aspect to William S. Benjamin, a companion and vice chair at Ares, for $8.9 million. The unit spans about 2,900 sq. ft, pricing the deal at roughly $3,100 per sq. foot. The pad has three bedrooms and three and a half baths.
đź“Š Residential: The property of Mimi Falcone, a journalist and meals critic who wrote 16 books, bought a townhouse at 248 West twelfth Road within the West Village for $8 million. Mimi Falcone and her husband had lived within the duplex because the Nineteen Sixties. The client was an LLC tied to Carlos Saavedra, of the Brooklyn-based growth agency Eckstrom. The property first hit the market in June 2024, with an asking value of $10.5 million. Brian Meier, Amanda Barba, Corey Mittenthal, Bruce Goveia, Apple Christie-Wallace and Krisstopher Valcin with Berkshire Hathaway HomeServices had the itemizing.
By the Numbers: The $77B “hard maturity” wall hitting CMBS
Commercial mortgage-backed securities debtors are working out of runway.
After a number of years of extensions, 2026 is shaping as much as be the 12 months that many loans hit a tough cease. Roughly $76.6 billion value of debt faces exhausting deadlines, that means that debtors haven’t any contractual choices left to push out their due dates, in line with a brand new report from analysis agency Trepp. The agency notes that onerous maturities also can embody loans that by no means had any extension choices, however Trepp targeted on loans whose debtors have already used up all extensions. These are loans which might be actually at misery.
That wall is taller than it has been lately.
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