Prepared by Richard Plehn
Welcome to the Weekly Real Estate Newsletter!
Today’s edition highlights the key developments shaping New York City’s commercial real estate landscape — from notable lease activity and investment moves to construction milestones and emerging trends influencing tenant demand.
Stay up to date with the insights that matter most in a fast-moving market.
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The Real Deal
Ohebshaloms Face Foreclosure at Midtown HQ Building, Again – TRD
New York Top Real Estate Deals: Friday, Nov. 7, 2025 – TRD
Top NYC Office Leases October 2025 – TRD
Mamdani Panic Attack: What if Zohran Freezes All Rents? – TRD
Jack Resnick & Sons Score $147M Refi at 255 Greenwich – TRD
Construction Permits Filed For Vornado, Rudin’s 350 Park – TRD
Rabsky, Spencer Equity Take Over Extell’s DoBro Development – TRD
285 Madison Buyer Hits Back at Aby Rosen’s Lawsuit – TRD
Rudin Lands Four-Year Extension at 32 Sixth Avenue – TRD
Lower Manhattan Office Tenants Double Down Amid Conversions – TRD
Rialto, Hines Target Hilson Midtown Offices for Foreclosure – TRD
David Werner, 601W Seal Deal on $165M Midtown East Buy – TRD
The Commercial Observer
SoHo Pilates Inks 3,500-SF Lease at 132 Crosby Street – Commercial Observer
The Knot to Settle Down at 295 Fifth Avenue – Commercial Observer
Moroccanoil Takes 40K SF at SL Green Midtown Tower – Commercial Observer
The Ways New York Office Owners Are Doubling Down on Building Security – Commercial Observer
Luxury Brand MCM Signs 9K-SF Office Lease at 245 Fifth Avenue – Commercial Observer
Gary Barnett Is Suddenly Very Busy in Manhattan – Commercial Observer
AI Firm Upstart Takes 15K SF at Global Holdings’ Nomad Tower – Commercial Observer
Office of the Appellate Defender Moves to 16K SF at 42 Broadway – Commercial Observer
Security Firm Unity Building Security Takes 3K SF at 20 West 36th Street – Commercial Observer
Grow Therapy Blossoms Into 19K SF in FiDi – Commercial Observer
Electra USA Signs 25K-SF Lease at SL Green’s 10 East 53rd Street – Commercial Observer
Gerson Lehrman Group Expands to 96K SF at One Grand Central Place –Commercial Observer
Rippling Relocates to 133K SF in the Penn District – Commercial Observer
Crain´s New York
Faced with $10.1M office debt, Fred Ohebshalom raises $10.5M mining Manhattan apartment portfolio | Crain’s New York Business
Aby Rosen’s RFR accused of ‘shakedown’ at 285 Madison Ave. | Crain’s New York Business
Timber Equities plans residential project at St. Columbia Catholic church site | Crain’s New York Business
Rudin secures loan extension for office tower at 32 Sixth Ave. | Crain’s New York Business
Amazon to cut nearly 700 New York City corporate jobs | Crain’s New York Business
Slate Property Group, Pi Capital Partners to build multifamily project near Empire State Building | Crain’s New York Business
Billionaire Ofer’s New York tower lands $190M refinancing | Crain’s New York Business
Bisnow
Barry Sternlicht: Starwood Considering Leaving NYC Because Of Mamdani – Bisnow
Rudin Extends $425M Loan At 32 Sixth Ave.: The N.Y. Deal Sheet (November 11, 2025) – BIsnow
Pacific Oak REIT Explores Sale Amid ‘Difficult Financial Condition’ – BIsnow
New York YIMBY
Below-Grade Work Progresses At 570 Fifth Avenue in Midtown, Manhattan – New York YIMBY
Sherwood Equities Lists 460 Tenth Avenue For Sale in Hudson Yards, Manhattan – New York YIMBY
Vanderbilt Receives Last Approval For New York City Campus In Chelsea
Construction Set to Begin At 130 Lafayette Street in Soho, Manhattan – New York YIMBY
$425 Million Loan Secured For 32 Avenue Of The Americas In Tribeca
Construction Is Complete On Allen At 247 North Avenue in New Rochelle, New York – New York YIMBY
National Urban League Opens New Headquarters In Harlem, Manhattan – New York YIMBY
New York Business Journal
Robinhood, Dick’s Sporting Goods sign leases at Vornado’s Penn 2 – New York Business Journal
Figs to open store on Upper East Side – New York Business Journal
Slate Property Group, Pi Capital plan apartments in Midtown – New York Business Journal
Landowners market sites as data-center-ready amid AI frenzy – New York Business Journal
Aritzia opens 25,000-square-foot Flatiron store with café – New York Business Journal
Electra USA leases 2 floors at SL Green building – New York Business Journal
GLG expands Midtown Manhattan office to nearly 96K square feet – New York Business Journal
New York Post
SL Green’s 1185 Sixth Ave. more than 90% leased | New York Post
NYC will see a wave of apartment buildings with 99 units | New York Post
