Welcome to the June 22 edition of our newsletter.
This week, we’re highlighting the latest leasing activity, development updates, and market trends shaping New York City’s commercial real estate landscape. From notable office transactions to projects advancing across the boroughs, below is a roundup of the key CRE headlines making an impact across NYC.
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The Real Deal
New York Top Real Estate Deals: Thursday, June 11., 2026 – TRD
Chetrits Facing More Distress in the Financial District – TRD
Haddad Brands Builds Leasing Momentum at 2 Park Avenue – TRD
Sublandlord Boots Kent Swig from Midtown Office – TRD
New York City’s Top Construction Permits: June 12, 2026 – TRD
Chicago law firm signs a lease at BXP’s 343 Madison Avenue – TRD
Yellowstone Snags $480M Construction Loan for 1740 Broadway – TRD
Recent Manhattan agent decline follows competitive residential landscape – TRD
The Commercial Observer
Forget Tech — Law Firms Are Driving Manhattan Office Leasing – Commercial Observer
NYC Public Schools to Build New 54K-SF STEAM Center in the Bronx – Commercial Observer
Private Equity Firm Kohlberg Relocating to 19K SF at SL Green’s 500 Park Avenue – Commercial Observer
Tech Firm Via Transportation Inks 55K SF at Haddad Brands’ 2 Park Avenue – Commercial Observer
ARCO Design/Build Takes 10K SF at Williams Equities’ 470 Park Avenue South – Commercial Observer
Financial Adviser SFA Agency Grows to 14K SF at Rudin’s One Battery Park Plaza – Commercial Observer
Law Firm Fenwick & West Expands to 73K SF at Rosen’s 902 Broadway – Commercial Observer
Cashmere Brand Kujten Picks Acadia’s 92 Greene Street for Second U.S. Location – Commercial Observer
Crain´s New York
Developer Joseph Moinian gave steep rent cut to keep WeWork at Midtown bulilding – Crain’s New York Business
Via Transportation, Cadent ink leases at 2 Park Ave. – Crain’s New York Business
60% vacant office tower at 79 Madison Ave. sent to special servicing – Crain’s New York Business
Kohlberg more than doubles NYC footprint with move to 500 Park Ave. – Crain’s New York Business
APF seeks loan modification as troubles pile up at 286 Madison Ave. – Crain’s New York Business
McDermott Will & Schulte inks 150K square feet in Midtown – Crain’s New York Business
Developer lands $480 million loan for Midtown office-to-resi conversion – Crain’s New York Business
Bisnow
BXP Lands Law Firm For 150K SF At 343 Madison: The N.Y. Deal Sheet (June 16, 2026) – Bisnow
Assigned Seating Is Slowly, Quietly Coming Back To Offices – Bisnow
New York Business Journal
Via, Cadent, Charlie Health take office space at 2 Park Ave. – New York Business Journal
Kohlberg relocates Midtown East office to 500 Park Ave. – New York Business Journal
BXP signs McDermott Will & Schulte to 343 Madison tower – New York Business Journal
NYC industrial vacancy rate heading toward 9.1% by year-end – New York Business Journal
Edge Markets gets $29.2M; funding for Standard Bots, Cyera, Current – New York Business Journal
Remote work, not AI, cause for Gen Z job woes: Analysis – The Business Journals
New York YIMBY
ANCP Morningside Reaches Completion In Morningside Heights – New York YIMBY
New Renderings Revealed for 50-58 Cliff Street in Financial District, Manhattan – New York YIMBY
Ongoing Office-To-Residential Conversions to Bring Nearly 3,000 New Units to Manhattan – New York YIMBY
New Mid-Rise Residential Buildings Nearing Completion in Alphabet City, Manhattan – New York YIMBY
Housing Lottery Launches for 534 Third Avenue in Murray Hill, Manhattan – New York YIMBY
99 Park Avenue’s Renovations Reach Completion In Midtown, Manhattan
