Prepared by Richard Plehn
Welcome to the Weekly Real Estate Newsletter!
In this July 7th edition — the first of the month — we’re bringing you the latest updates from New York’s commercial real estate market. From major lease announcements and ongoing developments to fresh market insights, this roundup highlights the key trends and transactions shaping the five boroughs and surrounding areas. Whether you’re keeping an eye on the latest deals or looking to stay ahead, we’ve got you covered.
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The Commercial Observer
Free People Inks 6K-SF Deal for Store Near Union Square – Commercial Observer
Two New Eateries Coming to Brooklyn’s Fort Greene – Commercial Observer
Manhattan Office Market Notches Busiest Half-Year Since 2014 – Commercial Observer
Warby Parker Takes 1,700 SF at Brookfield’s 250 Vesey Street – Commercial Observer
Sumitomo Mitsui Banking Expanded By 50K SF at 277 Park Avenue – Commercial Observer
Invesco Renews 200K SF at Brookfield Place – Commercial Observer
Paint ’N Pour to Bring Painting Parties to Hell’s Kitchen – Commercial Observer
Canadian Dessert Chain La Diperie to Open West Village Shop – Commercial Observer
Paul, Weiss Expands to 850K SF at 1345 Avenue of the Americas – Commercial Observer
New York Business Journal
Warby Parker’s 300th store to open in Manhattan mall – New York Business Journal
Lenders seek options for distressed CRE loans amid market shift – New York Business Journal
Canadian dessert chain La Diperie to make NYC debut – New York Business Journal
Lenders come up with new strategies for delinquent CRE loans – New York Business Journal
LeFrak, Vornado sell Tower 58 stake to Sedesco for $18.5M – New York Business Journal
Spirit Lab yoga studio to open second Midtown NYC location – New York Business Journal
Timber Equities plans to demolish St. Columba’s Church in Chelsea – New York Business Journal
Bisnow
Pinterest Moving NYC Office To 83K SF On Madison Avenue: The N.Y. Deal Sheet (July 1, 2025)
Crain´s New York
Pinterest signs 11-year lease with SL Green at 11 Madison Ave. in Midtown South, Manhattan | Crain’s New York Business
Manhattan office market has strongest first half of year since 2014 | Crain’s New York Business
Steve Croman facing foreclosure suits at two East Village rentals | Crain’s New York Business
New York YIMBY
232 East 84th Street’s Expansion Progresses on Manhattan’s Upper East Side – New York YIMBY
Excavation Underway for 47-Story Office Skyscraper at 70 Hudson Yards in Manhattan – New York YIMBY
Skanska Completes Renovation Of HSS Sports Medicine Institute
Casoni Nears 785-Foot Pinnacle at 989 Sixth Avenue in Midtown, Manhattan – New York YIMBY
New Interior Renderings Reveal Caesars Palace Casino Proposal at 1515 Broadway in Times Square – New York YIMBY
Housing Lottery Launches for Anagram Turtle Bay at 300 East 50th Street in Midtown East, Manhattan – New York YIMBY
288 East 88th Street’s Façade Progresses on Manhattan’s Upper East Side – New York YIMBY
439 West 36th Street’s Exterior Takes Shape in Hudson Yards, Manhattan – New York YIMBY
Renderings Reveal 383 Madison Avenue Overhaul in Midtown East, Manhattan – New York YIMBY
Excavation Progresses at 430 West 37th Street in Hudson Yards, Manhattan – New York YIMBY
450 Eleventh Avenue’s Exterior Wrapping Up in Hudson Yards, Manhattan – New York YIMBY
Wall Street Journal
Exclusive | Saudi Fund Invests Hundreds of Millions in Proposed NYC Skyscraper – WSJ
