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NYC’s top deals: Ritz-Carlton hotel sells for $320M

TRD reports top transactions for Wednesday, Feb. 18, 2026

160 West 12th Street in Greenwich Village with real estate investor Joseph Azrack

There were 180 transactions totaling $765 million filed in New York City records in the 24 hours before 4 p.m. on Wednesday, Feb. 18, 2026.

🏆 Residential: The top home sale to hit records was in Greenwich Village, where a condo at 160 West 12th Street changed hands for just under $15 million or roughly $5,200 per square foot. The seller was an LLC tied to real estate investor Joseph Azrack and the buyer was a trust. The seller had owned the unit since 2016, when it paid just under $10 million. The 2,900-square-foot pad has three bedrooms and three and a half bathrooms. It also has a nearly 560-square-foot landscaped terrace. The unit went on the market for $15 million in September. Compass’ Michael Johnson and Hayim Nommaz had the listing.

🏆 Commercial: The Ritz-Carlton New York’s hotel and commercial space traded for $320 million — marking the top commercial deal to hit records in the Big Apple. The seller of the 253-key property, located at 50 Central Park South, was Westbrook Partners, and the buyer was Gencom, which also refinanced the building’s $235 million loan, assigned to Bank Inbursa. Westbrook, looking to exit the hotel sector, also sold another Ritz-Carlton hotel in Washington, D.C. 

📊 Commercial: In Cobble Hill, Henry Elghanayan’s Rockrose Development purchased, from an entity tied to SUNY Downstate Health Sciences University and Long Island College Hospital, a property at 340 Henry Street for $100 million. The building spans 258,000 square feet and last traded in 2011 for $44.3 million.

📊 Commercial: A 21,800-square-foot retail property at 312 Roebling Street in South Williamsburg traded for $17 million. The sellers of the two-story property were entities tied to Usher Oscar Wiesner and Yitty Blumenfeld, and the buyer was a company tied to Joel Schwartz.

📊 Residential: The sale of billionaire Ron Perelman’s Upper East Side townhouse hit records. The property at 36 East 63rd Street went for $46.8 million. Modlin Group’s Adam Modlin and Brown Harris Stevens’ Sami Hassoumi had the listing. Leslie Garfield’s Matt Lesser represented the buyer, an LLC. The 40-foot-wide mansion, built in 1930, first hit the market in 2021 for $60 million. The home has 10 bedrooms and more than 10 bathrooms. It also has a screening room, a home gym, a wine cellar and a landscaped roof.

📊 Residential: Gary Barnett’s Extell Development Company offloaded another sponsor unit at 50 West 66th Street in the Upper West Side. Pauls Lane NYC LLC purchased a 3,500-square-foot pad for $24.2 million, or roughly $6,900 per square foot. The condo has four bedrooms and four and a half bathrooms. Its asking price was $23.8 million.

📊 Residential: Laura and Patrick Lewis snapped up a sponsor unit at The Henry at 211 West 84th Street in the Upper West Side for $10.7 million, its asking price. Miki Naftali’s Naftali Group is the developer behind the luxury condo development, whose units are being sold by Compass’ Alexa Lambert, Alison Black and Lib Goss. The unit measures just under 3,000 square feet, pricing the sale at about $3,600 per square foot. It has four bedrooms, four and a half bathrooms and a full-sized laundry room.

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