"Daryl Hagler sold five buildings to entities linked to Shmuel A. Serle for $222.8 million, including a nursing home that set a record sale in Borough Park at $161.5 million."
"The nine-story, 292,000-square-foot nursing home last sold in 2011 for $19 million, highlighting a significant increase in property value over the years."
"The top residential sale was a unit at Central Park Tower, purchased for $11.9 million, reflecting the high demand for luxury properties in New York City."
"Related Companies offloaded a 15-story, 123,000-square-foot affordable housing complex known as The Caroline, showcasing ongoing investment in diverse housing options."
On March 25, 2026, New York City recorded 205 transactions amounting to $637 million. Notable commercial sales included Daryl Hagler's sale of five nursing home buildings for $222.8 million, with the largest being a nursing home at 4915 Tenth Avenue for $161.5 million. In residential sales, a unit at Central Park Tower sold for $11.9 million. Related Companies also sold an affordable housing complex known as The Caroline, indicating active market dynamics in both sectors.
Read at therealdeal.com
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