There have been 197 transactions totaling $462 million filed in New York Metropolis data within the 24 hours earlier than 4 p.m. on Tuesday, Feb. 17, 2026.
🏆 Residential: The highest house sale to hit data was the sale of two items overlaying the 78th ground at 432 Park Avenue, for $52.5 million. The items are on the heart of an ownership dispute between Harry Macklowe and CIM Group, which is tied to the promoting entity. Macklowe had misplaced the condos final yr when he defaulted on the mortgages he took out from CIM to purchase the items. The developer paid about $47 million for the items together with a smaller pad on the twenty eighth ground, which isn’t included within the newest sale. Serhant’s Glenn Davis and Nicholas Compagnone had the off-market itemizing. The client was 78 Purchaser LLC.
🏆 Business: Soho had the highest business deal to hit data, with the sale of the Nomo Soho Resort at 9 Crosby Avenue for $121 million. The vendor was Alex Sapir’s vSapir Group, which had bought the greater than 121,000-square-foot, 26-story property in 2015 for $200 million by way of a foreclosures sale. The newest transaction marks an almost 40 % low cost. The lodge’s new proprietor is Israel-based Dan Lodges. Sapir positioned the 264-key property into Chapter 11 bankruptcy late final yr within the hopes of paying down $155 million in Israeli Bond debt.
📊 Residential: A 4,800-square-foot apartment at 111 West 57th Avenue alongside Billionaires’ Row modified fingers for $12.3 million, or round $2,500 per sq. foot. The vendor, Ridgewood 57 II LLC, bought the five-bedroom pad in 2023 for $13.5 million. It went again available on the market almost a yr later, with an asking value of $17.5 million. Corcoran’s Carrie Chiang and Andres Perea-Garzon had the itemizing. The client within the newest sale was Imaginative and prescient Begin VIII, LLC.
📊 Residential: In Lenox Hill, Michael L. Black picked up a townhouse at 157 East sixty fifth Avenue for $10.7 million. The sellers have been company legal professional Ira Dizengoff and Betsy Dizengoff, who paid $6.5 million for the house in 2010. Spanning 6,000 sq. ft, the residence has 5 bedrooms, entry to the secluded Jones Wooden Backyard, a fitness center, a multipurpose room and an elevator. It first hit the market in 2022 for just below $14 million; its most up-to-date asking value was just below $12 million. Compass’ Mark Jovanovic, Scott Hustis, Nora McGuire and David Son represented the Dizengoffs.
📊 Residential: A townhouse at 131 East 92nd Avenue in Carnegie Hill traded for $8.3 million. New Hope 25, LLC bought the property from an entity tied to financier Brian Zipp, who paid $7.5 million for the house in 2008. The residence has 4 bedrooms and three out of doors areas, together with 4 wood-burning fireplaces and a restored authentic facade. Its final listing value was $8.5 million. Sotheby’s Worldwide Realty’s Jeremy Stein, Karen Moreau and Serena Boardman had the itemizing.
By the Numbers: Data centers power REIT comeback after 2025 slump
Publicly traded actual property funding trusts staging a comeback.
After a bruising 2025 that left a lot of the sector lagging a inventory market dominated by megacap AI darlings, listed actual property has began to claw again investor consideration. The rebound is being powered, considerably mockingly, by the infrastructure that underpins the AI growth: information facilities.
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