Welcome to the June 15 edition of our newsletter.
New York City’s commercial real estate market continues to show momentum across the office, investment sales, and development sectors. In this issue, we’re highlighting some of the latest leasing activity, notable transactions, project updates, and market developments shaping the city’s CRE landscape.
From major office commitments to new developments moving forward across the boroughs, below is a roundup of the key headlines and stories making an impact across NYC this week.
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The Real Deal
Breaking Down NYC’s Tech and Finance Workforce – TRD
Vornado Can’t Stop Signing Penn 2 Leases – TRD
New York City’s Top Construction Permits: June 5, 2026 – TRD
Savanna Dumps Office Properties for Second Time in a Week – TRD
David Werner Taps JPMorgan For One Dag Hammarskjöld Plaza – TRD
NYC’s Top Office Leases May 2026 – TRD
Olmstead Scoops Up Savanna’s Midtown Office At 45% Off – TRD
RXR Eyes $670M Sale Of Helmsley Building After Default – TRD
The Commercial Observer
Law Firm London Fischer, Nonprofit Adapt Community Network Ink Deals on Maiden Lane – Commercial Observer
Ameriprise Financial Renews 38K SF at Durst’s One World Trade Center – Commercial Observer
Media Agency Mediaplus Group Signs 10K-SF Lease at 432 Park Avenue South – Commercial Observer
AI Firm Altana Relocates and Expands to 62K SF at Vornado’s Penn 2 – Commercial Observer
Coworking Firm the Malin Signs 19K-SF Lease at 10 Astor Place – Commercial Observer
Sports Investment Firm Dynasty Equity Takes 10K SF at Rudin’s 560 Lexington Avenue – Commercial Observer
Recruiting Firm Zeal Talent Ventures Takes 9K SF at 419 Lafayette Street – Commercial Observer
AI Agent Platform Parloa Quickly Snaps Up More Office Space at 1245 Broadway – Commercial Observer
Tech Firm Bluebook Cities Signs 6K-SF Lease at 412 Broadway – Commercial Observer
Forget Tech — Law Firms Are Driving Manhattan Office Leasing – Commercial Observer
Tech Firm Veeva Relocates to 62K-SF Office at Vornado’s Penn 2 – Commercial Observer
Crain´s New York
AG Paratus acquires two Greenwich Village buildings for $23.5M – Crain’s New York Business
Manhattan’s rental market has record-setting month – Crain’s New York Business
Bluejay Management offloads Flatiron mixed-use building for $15M – Crain’s New York Business
Manhattan’s rental market has record-setting month – Crain’s New York Business
Bisnow
EBay Takes 122 Fifth’s Last Office Space: The N.Y. Deal Sheet (June 9, 2026) – Bisnow
New York Business Journal
Hudson Square office reaches 99% occupancy with 6 new leases – New York Business Journal
Data centers promise few jobs despite billions in tax breaks – New York Business Journal
New York YIMBY
Permits Filed for 611 West 181st Street in Fort George, Manhattan – New York YIMBY
LPC To Review Proposal For 144 Spring Street In SoHo, Manhattan
Façade Takes Shape on RAMSA’s 200 West 88th Street on Manhattan’s Upper West Side – New York YIMBY
New York Post
American Express to break ground on tower next month at Two World Trade Center — major milestone for tragic site – NY Post
Soloviev Group refinances West 57th Street tower – NY Post
NYC’s Helmsley Building seeks a $670M sale – NY Post
Wall Street Journal
Manhattan’s Red-Hot Office Market Poised for Its Best Year Since 2000 – WSJ
