Prepared by Richard Plehn
Welcome to the Weekly Real Estate Newsletter!
In this October 27th edition, we’re bringing you the latest insights from New York’s commercial real estate market — from major lease signings and new development projects to the trends redefining the city’s office landscape. Whether you’re following significant deals or looking for up-to-date market analysis, this roundup covers the key highlights shaping NYC real estate today.
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The Real Deal
Brookfield Nears $1.3B Refinance of 660 Fifth – TRD
Vanbarton Group Refinances 980 Sixth Avenue – TRD
SL Green Embraces AI Tenant at One Madison – TRD
Clarion, Alchemy Face Foreclosure Near Grand Central – TRD
Industrious office 190 Bowery – TRD
Taconic Partners Refinances 817 Broadway – TRD
CSC Eyes Potential Conversion Play in Lower Manhattan – TRD
Chinese Developer Pursuing First Ground-Up NYC Project – TRD
EmblemHealth Sublets 57K SF in FiDi – TRD
Extell’s Central Park Tower Inks Deal For Unit Asking $55M – TRD
Sherwood Equities to Sell 460 10th Avenue Hudson Yards – TRD
The Commercial Observer
AI Social Platform Series Inks 12K-SF Lease at 520 West 25th Street – Commercial Observer
Industrious Takes All the Office Space at RFR’s 190 Bowery – Commercial Observer
Special Ed Nonprofit Takes 42K SF for New Center in Jamaica, Queens – Commercial Observer
Plaza College Expands to 80K SF at Forest Hills Tower – Commercial Observer
Law Firm Coffey Modica Moves to 8K SF at 14 Wall Street – Commercial Observer
National Bank of Canada Inks 18K-SF Lease at Park Avenue Tower – Commercial Observer
Green Street Advisors Expands to 12K SF at 10 Grand Central – Commercial Observer
Crain´s New York
CSC Real Estate buys 75 Maiden Lane from AM Property Holdings | Crain’s New York Business
JPMorgan opens towering $3 billion headquarters at 270 Park Avenue | Crain’s New York Business
Sioni Group acquires Madison Avenue office building in Midtown | Crain’s New York Business
Bisnow
Pension Funds Take The Off-Ramp From Office Landlord Status – Bisnow
New York YIMBY
Façade Installation Underway on 140 Jane Street in West Village, Manhattan – New York YIMBY
Permits Filed for Manhattan Detention Center at 125 White Street in Chinatown, Manhattan – New York YIMBY
LPC To Review Proposal For Rehabilitation Project In Harlem, Manhattan
JPMorgan Holds Ribbon Cutting for Supertall Headquarters at 270 Park Avenue in Midtown East, Manhattan – New York YIMBY
New York Post
Midtown real estate is booming with return-to-office in ‘full swing’ Midtown real estate is booming with return-to-office in ‘full swing’ – NY Post
432 Park Ave. could rain ‘chunks of concrete’ if NYC supertall’s cracks not fixed – NY Post
Why a slew of new film studios are rising across NYC – NY Post
NYC’s best office towers are now fully leased – NY Post
Why new NYC office towers are breaking ground – NY Post
Exclusive | Some 432 Park residents deny allegations of structure issues – NY Post
New York Business Journal
SL Green lands office leases with Teneo, Harvey AI and Sagard – New York Business Journal
Fox Horan & Camerini signs long-term lease at Lipstick Building – New York Business Journal
Series AI social network signs lease for first NYC office – New York Business Journal
Extend Fertility expands Manhattan clinic – New York Business Journal
Industrious leases entire office space at 190 Bowery in NoLita – New York Business Journal
JPMorgan Chase opens $4 billion headquarters in Manhattan – New York Business Journal
Wall Street Journal
Jamie Dimon Wants Everyone in the Office. Is a $3 Billion Building the Answer? – WSJ
