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NYC’s top deals: Elad Group sells UES penthouse for $21M

TRD reports top transactions for Monday, Feb. 9, 2026

201 East 74th Street

There were 151 transactions totaling $274 million filed in New York City records in the 24 hours before 4 p.m. on Monday, Feb. 9, 2026.

🏆 Residential: The top home sale to hit records was on the Upper East Side, where a sponsor unit at Elad Group’s The 74 at 201 East 74th Street sold for $20.8 million. The buyer of the pad, a duplex penthouse, was The74-31 LLC. The unit spans 5,300 square feet and has four bedrooms and about 1,600 square feet of terrace space. The transaction pencils out to just under $4,000 per square foot. The unit’s asking price was $25 million, and Douglas Elliman’s Barbara Russo, Christopher Salierno, Elena Sarkissian and MariaElena Scotto had the listing.

🏆 Commercial: The top commercial deal recorded in the Big Apple was in the Garment District. An LLC tied to Premier Equities purchased a mixed-use building at 1220 Broadway for $31.6 million. The seller was a company tied to Michael Haddad that had purchased the property in 2006 for $26 million. The nine-story building, which has office and retail space, spans about 75,600 square feet, pricing the deal at roughly $420 per square foot.

📊 Commercial: In Gowanus, a development site at 444 Carroll Street — a vacant lot — changed hands for $19.4 million. The seller was TBD Five Management, and the buyer was an LLC tied to David Grenfeld, which acquired $60 million in financing for the deal from Ponce Bank. Grenfeld already filed an application to construct a 99-unit, mixed-use building at the site.

📊 Residential: In Chelsea, a sponsor unit at One High Line at Witkoff Group’s and Access Industries’ 500 West 18th Street sold for $7.3 million. The buyer was a trust tied to James Wei. The unit spans nearly 2,100 square feet and has three bedrooms and three and a half baths. The sale works out to roughly $3,500 per square foot. Corcoran’s Deborah Kern and Steve Gold had the listing, which shows an asking price of $7.2 million.

📊 Residential: A sponsor unit at Naftali Group’s 211 West 84th Street, The Henry, on the Upper West Side sold for $6.6 million, or about $2,900 per square foot — the condo’s asking price. The buyers were Juan Ortega and Maria Jose Aspiazu Lasso. The 2,300-square-foot residence has four bedrooms and three and a half bathrooms. Compass’ Alexa Lambert, Alison Black and Shelton Smith had the listing.

By the Numbers: NYC residential foreclosures climbed 8% in 2025

Foreclosure filings for home loans in New York City increased in 2025, climbing 8 percent year over year.

That works out to nearly 1,600 first-time filings, according to a report from PropertyShark. However, that is still below 2023, when new filings hit 1,619. That was the most active year for filings after the pandemic, the listings and research firm found.

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