There were 191 transactions totaling $661 million recorded in New York City in the 24 hours before 4 p.m. on Thursday, Jan. 15, 2026.
🏆Residential: A Carnegie Hill townhouse marked the top home sale to hit records in New York City. The Georgian Revival home at 13 East 94th Street spans more than 6,800 square feet and sold for $15.5 million, or about $2,300 per square foot. The seller was an LLC tied to George Logothetis, who is the executive chairman of the Libra Group, whose businesses span from aerospace to hotels. The buyer was Carnegie Hill LLC. The residence, which went on the market about a year ago with an asking price of $19.5 million, has six bedrooms, a gym, a custom eat-in chef’s kitchen, wine storage and a garden. Serena Boardman with Sotheby’s International Realty had the listing.
🏆Commercial: The top commercial real estate transfer recorded in New York was in Soho. Empire State Realty Trust, the real estate investment trust led by Anthony Malkin, closed on its all-cash purchase of the Scholastic Building at 555-557 Broadway for $386 million. The property has 368,000 square feet of office space and 28,000 square feet of retail real estate. As of early December, it was 70 percent leased. Scholastic, the seller, is the main tenant, occupying 222,000 square feet of space. Newmark’s Adam Spies, Josh King and Avery Silverstein represented ESRT in the deal.
📊Commercial: In Chelsea, an entity tied to G4 Capital Partners and SME Capital Ventures took over an office property at 541 West 21st Street via a bankruptcy auction for $46.2 million. ERBO Properties had owned the building for decades and was using it primarily for storage. The firm later began to convert it into an office building, with G4 providing three separate mortgages and SME serving as the mezzanine lender. ERBO then filed for bankruptcy protection in 2023.
📊Residential: A nearly 4,100-square-foot townhouse at J.D. Carlisle Development’s Morton Square complex in the West Village sold for $11.2 million. The residence has three bedrooms, four and a half bathrooms and outdoor space. The deal pencils out to roughly $2,700 per square foot. The buyer was Bart’s Ear LLC.
📊Residential: Richard Zogheb, head of global debt capital markets at Citi, and Stephanie Murphy parted with a full-floor co-op at 10 Jay Street in Tribeca for $7.4 million. The buyers were Marion Scott and Sloan Hart. The five-bedroom pad, which has a chef’s kitchen and a marble fireplace, had previously sold in 2020 for $7.5 million; the sellers listed it for sale in March for $8.2 million. Douglas Elliman’s Andrea Anzaldo had the listing.
By the Numbers: U.S. existing home sales surge as borrowing costs drop
Thanks to falling borrowing costs and slowing home price growth, existing-home sales in the U.S. surged by 5.1 percent in December compared to the month before.
There were 4.35 million existing-home sales last month — the strongest month in almost three years, according to the National Association of Realtors, whose data has been seasonally adjusted.
If you like this digest, you can get it even earlier — every evening — by subscribing to TRD Data, here.
