Prepared by Richard Plehn
Welcome to the Weekly Real Estate Newsletter — December 29th Edition, the final issue of 2025!
As we close out the year, this special edition highlights the activity that defines New York City’s commercial real estate market in 2025 — from standout lease signings and investment moves to major construction milestones and the trends that shaped tenant demand. It’s a moment to reflect on a year of resilience, recalibration, and renewed momentum across NYC’s CRE landscape as we head into the new year.
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The Real Deal
French IT Company Inks Lease At Vornado’s Penn 2 – TRD
Vornado Hit With $3M Damage Suit at 220 Central Park South – TRD
Chain Stores Keep Shrinking Across NYC – TRD
New York Top Real Estate Deals: Monday, Dec. 22 – TRD
Moody’s Inks Lease At Brookfield Place – TRD
New York Top Real Estate Deals: Friday, Dec. 19 – TRD
Savanna Chases Sale at 521 Fifth Ave to Avoid Foreclosure – TRD
The Commercial Observer
The Guardian Moves Up the Block to 100 Broadway – Commercial Observer
Solar Energy Company Takes a Shine to 530 Fifth Avenue – Commercial Observer
Knit Illustrated Signs 4K-SF Lease at 247 West 37th Street – Commercial Observer
Summit Properties Announces New Leases at 444 Madison Avenue – Commercial Observer
Japanese Insurance Group Tokio Marine Takes 24K SF at Durst’s 825 Third Avenue – Commercial Observer
Moody’s Inks 460K-SF Brookfield Place Lease – Commercial Observer
Software Testing Company Optimize Topco Takes 12K SF at 505 Eighth Avenue – Commercial Observer
Coworking Firm Jay Suites Takes 30K SF for First Brooklyn Location – Commercial Observer
Gilbane Relocates NYC HQ to 25K SF at Midtown’s 1411 Broadway – Commercial Observer
French Consulting Firm Capgemini Takes 43K SF at Penn 2 – Commercial Observer
Jessica Schaefer’s Capital V Signs 6K-SF Lease at 40 Thompson Street – Commercial Observer
Crain´s New York
Moody’s to relocate headquarters to lower Manhattan’s Brookfield Place | Crain’s New York Business
Manhattan’s top five office leases of 2025 | Crain’s New York Business
Bisnow
111 Wall Lands Record $867M Office-To-Resi Loan: The N.Y. Deal Sheet (December 23, 2025)
Moody’s To Relocate Global Headquarters To 460K SF At Brookfield Place
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New York YIMBY
520 Fifth Avenue’s Exterior Nears Completion in Midtown, Manhattan – New York YIMBY
Excavation Underway for 844-Foot Skyscraper at 343 Madison Avenue in Midtown East, Manhattan – New York YIMBY
Permits Filed for 80 West Broadway in Tribeca, Manhattan – New York YIMBY
New York Business Journal
Applause grabs full floor at Midtown office building – New York Business Journal
Tokio Marine Group leases 2 full floors at Midtown office tower – New York Business Journal
Slate Property Group buys Stewart Hotel for housing conversion – New York Business Journal
Moody’s Corp. to move global headquarters to Brookfield Place – New York Business Journal
New York Post
REBNY report claims NYC housing construction falling short | New York Post
Exclusive | Neighbors sue 220 Central Park South over construction | New York Post
