Legion’s 1122 Madison Ave tops Manhattan’s luxury contracts

January 26, 2026 / no comments

Just a week into its sales launch, Legion Investment Group and Nahla Capital’s Upper East Side development snagged the top spot in Manhattan’s luxury market.  A condo at 1122 Madison Avenue, asking $14.6 million, was the priciest of 23 properties in the borough asking $4 million or more to find buyers last week, according to Olshan Realty’s weekly report. The total was slightly higher than the previous period, which saw 21 luxury homes enter contract.  Unit No. 11 North will span 3,200 square feet and have five bedrooms and four bathrooms. Plans for the apartment also include 11-foot ceilings and […]

This article originally appeared on The Real Deal. Click here to read the full story.

NBA Star Giannis Antetokounmpo Buys Chicago Apartment, Continuing CRE Acquisition Spree

January 26, 2026 / no comments

Milwaukee Bucks star player Giannis Antetokounmpo dished out just over $21M for a Chicago apartment building, continuing his crossover into commercial real estate ownership. 
An affiliate of Antetokounmpo’s family office, Ante, bought a 56-unit, four-story apartment building at 4513 N. Clark St. on the North Side of the city, CoStar News reported. The property, called Harmony Apartments, was completed in 2024. The deal was brokered by Essex Realty Group, and Old National Bank backed it with an $11M loan.

Office REIT Orion To Explore Sale After Fending Off Takeover

January 26, 2026 / no comments

Orion Properties may finally be giving in to pressure from a private investor that has been circling the beleaguered office REIT for months. 
The company announced Monday that it is undergoing a “review of strategic options” and has signed a cooperation agreement with Kawa Capital Management, an alternative asset manager that is also one of its largest shareholders. 

Oleg Cassini’s former Gramercy home sells for $7M

January 26, 2026 / no comments

Oleg Cassini’s former Gramercy Park townhouse has sold for the second time in three years.  The late fashion designer’s former home at 135 East 19th Street sold for $7.4 million, according to public records. The home previously traded in a 2022 auction for $5 million.  At one point, the home had been valued near $15 million, close to what the seller initially tried to flip the house for after one year after buying it. The seller lopped off the price by the millions until turning the listing over to Douglas Elliman’s Eleonora Srugo in July, asking $8 million.  Four months […]

This article originally appeared on The Real Deal. Click here to read the full story.