A three-story building at 1321 Flatbush Avenue fell into an excavation pit next door on Nov. 11. City records show the adjacent lot is slated for a nine-story, 64-unit building whose main application is not yet approved.
New York City’s Community Opportunity to Purchase Act gives vetted nonprofits a 145-day exclusive window and a one-year matching right on covered multifamily sales.
Oppenheimer & Co. will relocate its headquarters from 85 Broad Street to six floors at RXR’s 32 Old Slip, a $66 million project the state says retains 1,001 jobs, with move-in starting in early 2028.
Vornado’s third-quarter results show cash rents on 283,000 square feet of re-leased Manhattan office space up 25.9%, same-store NOI up 9%, and a roughly $485 million 350 Park Avenue gain coming in the fourth quarter.
Thor Equities bought the 22-story, 486,000-square-foot Midtown Manhattan building, home to Progyny and Bloomsbury Publishing, for about $448 a square foot.
Vornado, Ken Griffin and Rudin closed their 350 Park Avenue joint venture, Citadel’s 1.05 million-square-foot lease and a $3.3 billion construction loan from seven banks on Oct. 21.
OneKey MLS, which covers New York City, Long Island and the Hudson Valley, refused Compass’s demand to let brokerages publicly market homes without sharing them through the MLS, joining Unlock MLS and CRMLS.
Two condominiums and three single-family homes make up the week’s five highest-priced sales, led by a $34.25 million condominium.
SL Green and Mori Trust replaced $1.768 billion of debt on the fully leased Midtown tower with a five-year, fixed-rate $2.0 billion CMBS loan led by JPMorgan.
Doug Middleton, who ran CBRE’s New York institutional investment sales group for eight years, joins Cushman & Wakefield as executive vice chairman with Jack Stillwagon.
Two condominiums in New York County, a newly built estate in East Hampton and two waterfront homes in New Jersey made up the week’s top sales.
Erez Asset Management and founder Bruce Schanzer disclosed a 5.8% stake in Empire State Realty Trust in an Oct. 5 Schedule 13D, saying they have pressed the board on capital allocation and a potential strategic review of some or all assets.
Tishman Speyer and The Cooper Union finalized a 150-year ground lease on the Chrysler Building on Oct. 7, with $235 million going into systems, facade and amenities. PSP Investments leads the equity, and the group is using no acquisition debt.
A working farm on the North Fork, a Park Avenue condominium and country and shore homes from Westhampton Beach to Spring Lake and Bedford Hills made up the week’s top sales.
Corcoran’s third-quarter report counts 3,625 Manhattan closings, up 9% and the most since 2022, with active listings at a nine-year third-quarter low, sponsor inventory at a 14-year low and the median price at a third-quarter record $1.250 million.
A four-residence waterfront compound on the Navesink River in Rumson sold for $18 million, the highest reported home sale in the New York metro area for the week ending September 27, 2026.
A waterfront estate on Stone Creek in the Village of Quogue sold for $10,775,000, the highest reported New York metro area home sale of the week ending September 20, 2026.
A 1900-built property on Great Jones Street in Greenwich Village sold for $15.25 million, the highest-priced sale reported in the New York metro area for the week ending September 6, 2026.
SL Green said Sept. 14 that a new eight-year lease brought 245 Park Avenue to 100% leased and that its 2026 Manhattan office leasing has reached 1,760,649 square feet across 129 leases, signed 15.8% above prior escalated rents.
A 24-story Downtown Brooklyn tower finished in 2023 and never leased will become 239 rental apartments, financed by a $208 million first mortgage construction loan from Northwind Group.
A Midtown penthouse at 111 West 57th Street sold for $41.75 million, leading the five highest-priced home sales reported in the New York metro area for the week ending August 16, 2026.
An apartment in a 1901 Lafayette Street building sold for $42 million to lead the five highest-priced home sales publicly reported in the New York, New York metro area for the week ending August 9, 2026.
A Staten Island judge temporarily blocked New York City’s enforcement of its new pied-a-terre tax on luxury second homes, but the city’s automatic appeal kept the rollout in force pending an Aug. 31 hearing, as brokers report owners shifting high-value units into the rental market.
NYC’s Department of Buildings inspected 180 sites tied to the July Pfizer building near-collapse, finding 65 violations and issuing 19 stop-work orders, but no evidence conversions are inherently unsafe.
A penthouse atop Manhattan’s landmarked Sohmer Piano Building sold for $10.147 million at Sotheby’s New York, headlining a two-day Concierge Auctions sale that drew more than $520 million in aggregate bids across eight properties.
Get expert insights, market updates, and new opportunities delivered to your inbox.