There have been 153 transactions totaling $303 million filed in New York Metropolis data within the 24 hours earlier than 4 p.m. on Monday, Feb. 23, 2026.
🏆 Residential: The highest residence sale to hit data was within the Higher West Facet. James and Kara Cross shed a co-op at 885 West Finish Avenue for $5.5 million. The patrons have been Curt and Susan Andersson. The pre-war unit has 4 to 6 bedrooms and was not too long ago renovated. Danielle Wiedemann with Sotheby’s Worldwide Realty had the itemizing. The unit has been on and off the market since a minimum of 2022, when its asking value was $6.5 million.
🏆 Industrial: The highest business deal to be recorded was $49.2 million for 3 Manhattan multifamily properties: a six-story, 33-apartment advanced at 280 Mulberry Road; a six-story, 40-unit constructing at 448 West nineteenth Road; and a four-story, eight-unit property at 446 West nineteenth Road. The client was JP Actual Property Group. The sellers of the nineteenth Road properties have been associates of Icon Realty Administration and the vendor of the Mulberry Road property was an LLC tied to Ben Benedetto Kahlun.
📊 Industrial: Associates of EPR Properties, based mostly in Kansas Metropolis, Missouri, bought three business areas spanning greater than 52,000 sq. ft at 180 Broome Road, the Artisan at Essex Crossing, within the Decrease East Facet for $34 million. The Artisan is a mixed-use constructing with 263 flats — 121 of that are reasonably priced — and business house. It’s a part of the Essex Crossing megadevelopment from L+M Growth Companions, Taconic Funding Companions, BFC Companions and The Prusik Group.
📊 Industrial: In Soho, Premier Equities offered a business rental at 70 Greene Road a mixed-use rental constructing, for $17 million. The client was an affiliate of West Palm Seashore-based TZ Capital. Premier had owned the three,300-square-foot unit since 2012, when the agency bought it for $4.1 million. The newest sale pencils out to about $5,200 per sq. foot.
📊 Residential: Salim Mawani and Ran Xie-Mawani bought a co-op at 32 West twentieth Road within the Flatiron District for $4.5 million. The sellers have been Guillaume and Sonya Auvray who paid $5.4 million for the co-op in 2018. The three-bedroom pad measures about 4,000 sq. ft; the newest sale works out to about $1,100 per sq. foot. Compass’ Clayton Orrigo and Stephen Ferrara had the itemizing.
By the Numbers: NYC sponsor condo sales settle into new normal
Sponsor gross sales at newly constructed condominiums stabilized at $8.3 billion final 12 months, because the breakneck momentum of the post-pandemic growth has formally cooled into a brand new regular.
In 2025, sponsor gross sales edged down by roughly 1.6 % % 12 months over 12 months to achieve about $8.3 billion, in line with an evaluation of New York Metropolis data by TRD Information. That drop was double that of the 12 months earlier than, which had recorded a 0.8 % year-over-year decline in gross sales.
The current decline in sponsor gross sales follows a stand-out 2022, when greater than a 3rd of the sponsor rental gross sales inked over the previous 4 years occurred. In 2023, deal quantity plunged by 41.5 %.
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