There were 168 transactions totaling $275 million filed in New York City records on Tuesday, Jan. 20, 2026.
🏆 Residential: The top residential deal to hit records was for a penthouse and a parking space at 505 West 19th Street in Chelsea, which sold for its asking price of $21 million. The seller, 505 West 19 PH2 LLC, had purchased the property in 2016 for $17.9 million. The buyer was MI 8787 LLC. The 4,600-square-foot pad has four bedrooms, three and a half baths, terraces and nearly 3,400 square feet of rooftop space. It also has a sauna, heated bathroom floors and floor-to-ceiling retractable glass doors for indoor/outdoor entertaining. Reserve’s Trish Riedel, Keren Atzlan and Jon Isaacs had the listing, which went live in September.
🏆 Commercial: The Christian Heritage Church had the priciest commercial transaction recorded in the Big Apple, with the sale of its property at 740 40th Street in Sunset Park for $10 million. The buyer was an LLC tied to Brooklyn-based contractor Royal Builders. The property measures 6,750 square feet, pricing the transaction at about $1,500 per square foot.
📊 Residential: Jewelry designer Toni Goutal sold a co-op at 765 Park Avenue on the Upper East Side for $18.3 million. The buyer was a trust. The residence has five bedrooms, six and a half baths, a private elevator landing and a 29-foot gallery. Sotheby’s International Realty’s Serena Boardman represented Goutal, who put the co-op on the market in March with an asking price of $20 million. Goutal in September purchased a 3,000-square-foot condo at The Surrey Residences at 20 East 76th Street for $15 million.
📊 Residential: Gary Barancik, a senior advisor at financial advisory firm Perella Weinberg Partners, parted with a penthouse at 24 Fifth Avenue in Greenwich Village for $8.5 million. The buyer was a trust. The duplex unit has three bedrooms and three and a half baths. It also has a double-height great room and 2,500 square feet of private terrace space. Barancik had owned the unit since 2010, purchasing it for $5.3 million. He put it on the market in May 2024 for $12 million, according to StreetEasy. Compass’ Hudson Advisory team had the listing.
📊 Residential: Artist Margit Newman sold a co-op at 533 Canal Street, also known as 477 Washington Street, in Hudson Square for $6.9 million. The buyers were Rohit and Sonal Chopra. The full-floor, four-bedroom pad measures 4,800 square feet; the deal comes out to more than $1,400 per square foot. Compass’ Thomas Hemann had the listing. The unit went on the market in August for $7.4 million.
By the Numbers: Retail closures poised to fare better this year after rocky 2025
Last year was tough for U.S. major retailers, which announced more store closures than they had the year before — but 2026 seems to be off to a bit of a better start, even amid a major retail bankruptcy filing.
In 2025, there were 8,270 announced closures, up almost 13 percent year over year, according to data from Coresight Research. There were also 5,270 announced openings last year, down 11 percent year over year.
Rite Aid, the pharmacy chain that filed for bankruptcy for a second time last year, ranked No. 1 for having the most announced closures last year, with 1,292 locations. Second place went to crafts and fabric supply store Joann, with 815 closures.
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