The first July issue of the newsletter is out
As we kick off a new month, we’re covering 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, we’ve rounded up the key CRE headlines and market developments worth following this week.
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
New York Top Real Estate Deals: Monday, June 29 – TRD
New York City’s Top Construction Permits: June 26, 2026 – TRD
Tenant Groups Have More Power In NYC – TRD
Tightening Office Market Pushes Manhattan Rents Higher in Q2 – TRD
The Commercial Observer
Manhattan Subleasing Tightens as AI Firms Fuel Office Growth in Q2 – Commercial Observer
Private Equity Firm Niobrara Capital Takes 11K SF at Marx Realty’s 545 Madison Avenue – Commercial Observer
Shorenstein Relocates HQ to 6K SF at 45 East 53rd Street – Commercial Observer
Investment Firm Cerberus Capital Renews 131K SF at 875 Third Avenue – Commercial Observer
Manhattan’s Office Leasing Reaches Velocity Not Seen Since 2002: Report – Commercial Observer
Crain´s New York
Niobrara Capital leases floor in Marx Realty’s 545 Madison – Crain’s New York Business
Investors ask ‘Where’s mine?’ as Manhattan office developers spend billions – Crain’s New York Business
Sioni Group acquires Class B office building in Flatiron for $31M – Crain’s New York Business
Former office building at 2 Washington St. faces another conversion – Crain’s New York Business
Manhattan office market achieves highest demand since 2002 – Crain’s New York Business
Bisnow
Charles Cohen Goes After Fortress For $204M After Paying Off Debt – Bisnow
Best First Half For NYC Offices Since 2002 Puts Landlords Back In Control – Bisnow
New York Business Journal
Sioni Group buys Midtown South office building for $31M – New York Business Journal
Niobrara Capital moving to Baccarat Building – New York Business Journal
New York YIMBY
LPC to Review Latest Design for 11 Hubert Street Mega-Mansion in Tribeca, Manhattan – New York YIMBY
Renderings Reveal 30-Story Residential Tower at 301 East 71st Street on Manhattan’s Upper East Side – New York YIMBY
Demolition Complete For The Carmine At 307 Sixth Avenue in Greenwich Village, Manhattan – New York YIMBY
Exclusive New Renderings Revealed for 262 Fifth Avenue in NoMad, Manhattan – New York YIMB
New York Post
Amazon’s Shaver Hall is proof that the food hall trend desperately needs to die – NY Post
Manhattan sublease space disappearing thanks to AI firms – NY Post

