Prepared by Richard Plehn
Welcome to the Weekly Real Estate Newsletter!
In this November 3rd edition — the first issue of the month, as we move closer to the end of the year — 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 reshaping the city’s office landscape, this roundup provides the key highlights influencing NYC real estate today. Whether you’re tracking significant deals or looking for current market perspective, we’ve got you covered.
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The Real Deal
Gary Barnett Supersizes Another Midtown Project – TRD
Fosun on Verge of $900M Refi for 28 Liberty – TRD
New York City Real Estate Takes a Dip This Week – TRD
FGS Global Inks 80K SF Lease at Vornado’s Penn 2 – TRD
Cannon Hill Capital Partners Refinances 888 Broadway – TRD
ABS Partners Buy AMV Studio Lease – TRD
Scott Rechler RXR Recapitalizes 75 Rockefeller Plaza – TRD
BXP, Moinian Refinance Hudson Yards Property With $108M Loan – TRD
Paramount Group Albert Behler Will Get $34M Golden Parachute – TRD
The Commercial Observer
JP Morgan Chase Takes 1,726 SF in Lenox Hill – Commercial Observer
RFR’s Aby Rosen On Midtown Rents, Amazon, Mamdani, the Chrysler Building and More – Commercial Observer
AI Platform Sierra Inks 15K-SF Deal at 375 West Broadway – Commercial Observer
FGS Global Takes 80K SF at Vornado’s Penn 2 – Commercial Observer
Kinderhook Industries Expands to 22K SF at 505 Fifth Avenue – Commercial Observer
Haver Analytics Renews 16K SF at One Grand Central Place – Commercial Observer
Crain´s New York
Sierra signs lease with Manova Partners in SoHo, Manhattan | Crain’s New York Business
ABS Partners acquired the ground lease at All Mobile Video in Hell’s Kitchen, Manhattan | Crain’s New York Business
InterVest Capital Partners and Rose Associates planning to convert FiDi office tower into residential | Crain’s New York Business
Bisnow
BXP Refinances Defaulted Hudson Yards Loan With JPMorgan: The N.Y. Deal Sheet (October 28, 2025) . Bisnow
Empire State Realty Left Out Of Busy Quarter For Manhattan Office Leasing – Bisnow
New York YIMBY
520 Fifth Avenue’s Façade Nears Completion in Midtown, Manhattan – New York YIMBY
1448 Third Avenue Surpasses Halfway Mark on Manhattan’s Upper East Side – New York YIMBY
66 Clinton Delivers Sanctuary Living to Manhattan’s Lower East Side – New York YIMBY
RAMSA’s 255 East 77th Street Nears Completion on Manhattan’s Upper East Side – New York YIMBY
New York Post
Exclusive | NYC buildings don’t have a 13th floor — here’s why – NY Post
Manhattan commercial transactions hit $5B in latest quarter – NY Post
New Motek restaurant comes to coveted Midtown corner abandoned by Rue 57 – NY Post
Manhattan keeps converting offices into housing at a record clip – NY Post
New York Business Journal
Green Street Advisors doubles NYC footprint at 10 Grand Central – New York Business Journal
Commercial foreclosures on the rise in New York City – New York Business Journal
TF Cornerstone to convert Midtown office into 370 apartments – New York Business Journal
Sierra AI leases full floor in Manhattan’s SoHo district – New York Business Journal
Four Manhattan West eyed for residential conversion – New York Business Journal
Continental Bank Building to be converted to apartments in FiDi – New York Business Journal
Wall Street Journal
The Office Is Back: A Top NYC Developer on the Future of Cities – WSJ
