Prepared by Richard Plehn
Welcome to the Weekly Real Estate Newsletter — February 2nd Edition, the first issue of the month.
Today’s issue highlights the latest leasing activity, development updates, and the market signals shaping New York City’s commercial real estate landscape. From notable office transactions to projects advancing across the boroughs, this edition offers a timely snapshot of the trends and deals defining early 2026.
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The Real Deal
Taconic’s Manhattan Life Sciences Hub Lands Lab Tenant – TRD
New York Top Real Estate Deals: Wednesday, Jan. 28, 2026 – TRD
Vornado’s Pier 94 Studio Lands First Tenant – TRD
Idan Ofer, Nathan Berman Nab 101 Greenwich Loan – TRD
Law Firm Inks 33K SF Lease At Tishman Speyer’s 30 Rock – TRD
American Exchange Group Affiliates Refinance 1375 Broadway – TRD
NYC’s Top Construction Permits of the Week: Jan. 19, 2026 – TRD
Broad Street Development, Invesco Pursue FiDi Conversion – TRD
Why Elliott Management Is Buying City Office REIT – TRD
Bisnow
Mamdani Officials, But Not The Mayor, Mix With Real Estate At Annual REBNY Gala – Bisnow
Moinian Pays $10M In Equity For Fifth Avenue Refi: The N.Y. Deal Sheet (January 27, 2026) – Bisnow
Deloitte’s $2.6B Hudson Yards Deal Tops NYC’s Priciest Leases Of 2025 – Bisnow
Judge Backs Gary Barnett’s Push To Foreclose On SL Green, RXR’s Worldwide Plaza – Bisnow
The Commercial Observer
Jackson Laboratory Takes 41K SF at Hudson Research Center – Commercial Observer
AI Platform Perplexity Expands to 22K SF Near Union Square – Commercial Observer
Billing Platform Candid Health Signs 29K-SF Lease at 675 Avenue of the Americas – Commercial Observer
International Law Firm Withers Inks 33K-SF Lease at 30 Rock – Commercial Observer
E-Payment Platform Flowglad Makes NYC Office Debut in Chelsea – Commercial Observer
Federal Public Defender’s Office Expands in Downtown L.A. – Commercial Observer
BXP Close to Signing Another Major Tenant at 343 Madison Avenue – Commercial Observer
AI Education Platform Kira Learning Inks 16K-SF Lease at 11 Park Place – Commercial Observer
Health Insurance Giant Cigna Renews 33K SF at 2 Grand Central Tower – Commercial Observer
Crain´s New York
JSRE sells 138 Spring St. in SoHo for $43.7M | Crain’s New York Business
Office tower at 51 Astor Place gets cash infusion | Crain’s New York Business
Kira Learning leases 16,100 square feet at 11 Park Place in Tribeca | Crain’s New York Business
Insights on CRE recent news
Watch Richard sharing a few highlights.
New York YIMBY
Sunset Pier 94 Studios Opens In Hell’s Kitchen, Manhattan – New York YIMBY
1861 Amsterdam Avenue Progresses in Hamilton Heights, Manhattan – New York YIMBY
51 Astor Place Received $62 Million Investment In East Village, Manhattan – New York YIMBY
PayPal Signs 261,000-Square-Foot Lease In Hudson Square, Manhattan – New York YIMBY
313 East 17th Street’s Residential Conversion Nears Completion in Gramercy, Manhattan – New York YIMBY
Earthwork Underway At 38 Gramercy Park East in Gramercy Park, Manhattan – New York YIMBY
One Saint Mark’s Place Unveils Renderings Of New Lobby In East Village – New York YIMBY
345 East 17th Street Rises in Gramercy, Manhattan – New York YIMBY
New York Business Journal
RXR, TF Cornerstone get preliminary approval for 175 Park Ave. tower – New York Business Journal
Flagstar Bank opens private-client office in Midtown – New York Business Journal
BSD, Invesco to convert 80 Broad St. offices to apartments – New York Business Journal
Candid Health to open new Manhattan office – New York Business Journal
Perplexity expands Manhattan office space – New York Business Journal
New York City adds just 18,600 jobs amid tariff uncertainty – New York Business Journal
Cigna moves to tower floors at 2 Grand Central Tower – New York Business Journal
TJ Maxx returns to New York City with Herald Square location – New York Business Journal
New York Post
30 Rock skyscraper now 100% leased — and thriving despite pending Deloitte exit – NY Post
REBNY gala celebrates resurgence despite political, economic uncertainties – NY Post
