NYC’s top deals: Chelsea school sells building for $19M

There were 136 transactions totaling $358 million filed in New York City records in the 24 hours before 4 p.m. on Friday, May 8, 2026. ? Commercial: The top commercial real estate transaction to hit records was in Chelsea, where the Corlears School sold its four-story, 19,800-square-foot property at 324 West 15th Street for $19 million as it shifts to focusing on early childhood education. The buyer was a partnership led by Gabriel Saffayeh, Robert Saffayeh and Elie Fouerti, according to PincusCo. The deal breaks down to about $960 per square foot. ? Residential: The priciest home sale was in […] This article originally appeared on The Real Deal. Click here to read the full story.