Welcome to the June 29 edition of our newsletter.
As we wrap up the month, we’re taking a look at the latest leasing activity, development updates, and market trends shaping New York City’s commercial real estate landscape. From major office deals to new projects advancing across the boroughs, this week’s issue highlights the deals and developments driving the market.
Below is a roundup of the key CRE headlines and stories making an impact across NYC this week.
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The Real Deal
Harbor Group fills famed Black Rock tower with 170K sf law firm lease – TRD
Aby Rosen’s RFR Selling 281 Park Avenue South – TRD
BERS inks 78K sf lease at 55 Water in FiDi – The Real Deal – TRD
Silberstein Scores Debt on David Werner Conversion Target – TRD
Real Estate Firm Allegedly Defaults on Midtown HQ – TRD
The Commercial Observer
Fintech Firm Digital Asset Returns to 4 WTC With 19K-SF Lease – Commercial Observer
Medallion Financial Relocates to 9K SF at Hartz Group’s 667 Madison Avenue – Commercial Observer
NYC Education Retirement System Signs 78K-SF Lease at 55 Water Street – Commercial Observer
Moinian Group Signs Deals With Three AI Firms at 60 Madison Avenue – Commercial Observer
Content Creation Platform Spotter Takes 17K SF at Thor’s 25 West 39th Street – Commercial Observer
Fred Astaire Dance Studios Leases First Park Slope Location – Commercial Observer
Design Firm Pink Sparrow Inks 62K-SF Deal in Long Island City – Commercial Observer
Workplace Safety Platform Intenseye Takes 9K SF at 220 West 19th Street – Commercial Observer
Luxury Jewelry Brand David Yurman Takes 685 Fifth’s Entire 23K-SF Retail Condo – Commercial Observer
Fitness Factory to Open 25K-SF Gym at 162-11 Jamaica Avenue in Queens – Commercial Observer
Design Firm Décor Global Inks 7K-SF Lease at 231 West 39th Street – Commercial Observer
Law Firm Alston & Bird Takes 170K SF at 51 West 52nd Street – Commercial Observer
Crain´s New York
City approves Extell’s zoning bump at 871 Seventh Ave. – Crain’s New York Business
David Yurman inks flagship lease at GGP’s 685 Fifth Ave. – Crain’s New York Business
Park Ridge International faces foreclosure at Midtown building – Crain’s New York Business
Return of familiar faces drives retail activity in Manhattan – Crain’s New York Business
Alston & Bird signs lease to relocate to 51 W. 52nd St. – Crain’s New York Business
Developer Jay Katz proposes 92-unit building for Mott Haven – Crain’s New York Business
Bisnow
Assigned Seating Is Slowly, Quietly Coming Back To Offices – Bisnow
NYC Pension Fund Takes 78K SF At 55 Water: The N.Y. Deal Sheet (June 23, 2026)- Bisnow
Plagued By High Development Costs, Medical Office Turns To Conversions – Bisnow
New York Business Journal
Rogo to expand NYC headquarters with $6.5M in tax credits – New York Business Journal
Moinian Group leases 70,000 square feet in Midtown South – New York Business Journal
Law firm Alston & Bird takes 7 floors at CBS Building – New York Business Journal
New York YIMBY
Renderings Revealed for 44 West 8th Street in Greenwich Village, Manhattan – New York YIMBY
LPC To Review Proposal For 151 Grand Street In SoHo, Manhattan – New York YIMBY
The New York Historical Expansion Completes Construction 170 Central Park West on Manhattan’s Upper West Side – New York YIMBY
New York Post
Final design for NYC Penn Station’s redevelopment one step closer — including how much it could cost-NY Post
K-Pop company DearU to open flagship store in Union Square-NY Post
Medallion Financial Corp. moving to 667 Madison Ave. – NY Post
