Commercial Real Estate News for October 13, 2025

Prepared by Richard Plehn

Welcome to the Weekly Real Estate Newsletter!
In this October 13th edition, we’re bringing you the latest from New York’s commercial real estate market, from major lease transactions and active development projects to the trends shaping the city’s evolving office landscape. Whether you’re following headline deals or seeking timely market insights, this roundup delivers the key highlights driving NYC real estate today.

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The Real Deal

Vornado And SL Green’s 280 Park Inks Asset Manager to 40K SF – TRD
State Expands Footprint at SL Green’s 919 Third Avenue – TRD
NYC Top Office Leases September 2025 – TRD
Jamie Dimon’s $5B Midtown “City” Comes Into Focus – TRD

The Commercial Observer

Matthews Takes 10K SF for Second NYC Office at SL Green’s 711 Third Avenue – Commercial Observer
New York State Office of General Services Expands to 117K SF at 919 Third Avenue – Commercial Observer
Nonprofit Media Organization WNET Group Takes 32K SF at 437 Madison Avenue – Commercial Observer

Crain´s New York

Convene inks lease at West Chelsea’s Terminal Warehouse | Crain’s New York Business
Marty Burger, Andrew Heiberger to turn Penn Station office building into apartments | Crain’s New York Business
Trattoria dell Arte restaurateur Shelly Fireman dead at 93 – Crain´s New York Business

Bisnow

Weill Cornell Medicine Buys Sotheby’s Former HQ For $510M . Bisnow
AI’s NYC Office Footprint Is Hitting A Growth Spurt – Bisnow

New York YIMBY

Renovations To Begin At Metro North Plaza And Gaylord White Houses
660 Lexington Avenue Nears Completion in Midtown East, Manhattan – New York YIMBY
500 East 81st Street Nears Topping Out on Manhattan’s Upper East Side – New York YIMBY
Renovations Underway on Home Insurance Plaza at 59 Maiden Lane in Financial District, Manhattan – New York YIMBY
The Malabar Residences Nears Completion at 126 East 57th Street in Midtown East, Manhattan – New York YIMBY
New Permits Filed for 91 East 111th Street in East Harlem, Manhattan – New York YIMBY
1345 Third Avenue Nears Completion on Manhattan’s Upper East Side – New York YIMBY

New York Post

Midtown office building that houses Bloomberg, iconic restaurant reaches 100% occupancy – NY Post

New York Business Journal

Huge Inc. leases full floor in Manhattan’s Flatiron District – New York Business Journal
NY Office of General Services more than doubles Midtown office space – New York Business Journal
Uniqlo to open 4 more New York City stores – New York Business Journal
NYC office vacancy hits 5-year low – New York Business Journal
Infinite Global, Buttonwood to convert Midtown South office to homes – New York Business Journal

Wall Street Journal

The Landmark U.S. Office Buildings That Are on Life Support – WSJ

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