Welcome to the July 20 edition of the CRE headlines this week
This week, we’re highlighting the latest commercial real estate headlines from across New York City, including notable leasing activity, development updates, and market trends shaping the city’s CRE landscape.
Here’s a quick roundup of the stories worth following this week.
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The Real Deal
NYC Office-to-Residential Conversions: Here Are The Top Projects – TRD
New York City’s Top Construction Permits: July 10, 2026 – TRD
Pfizer Building Scare Tests Midtown Biggest Conversion Bet – TRD
The Commercial Observer
Real Estate Firm Landmark Management Signs 12K-SF Lease at One Grand Central Place – Commercial Observer
Fashion Platform Orly Inks 20K-SF Office Lease at 20 West 33rd Street – Commercial Observer
Ben Brown, Brookfield’s Real Estate Chief, On REITs, Housing, Office and Hospitality – Commercial Observer
Union Leaders Cite Inspection Process in Pfizer Conversion’s Near-Collapse – Commercial Observer
Department of Defense Inks 24K-SF Deal at Former Long Island HQ of 1-800-Flowers – Commercial Observer
Nonprofit Graham Windham to Relocate to 10K SF at the Interchurch Center – Commercial Observer
The Plan: Major League Soccer Scores Big With Global HQ Design at Vornado’s 2 Penn – Commercial Observer
Data Intelligence Firm Curinos Takes 14K SF at Marx Realty’s 10 Grand Central – Commercial Observer
Center for Justice Innovation Expands to 34K SF at GFP’s 520 Eighth Avenue – Commercial Observer
AI Firm Isara Laboratories Inks 6K-SF Lease at 515 West 20th Street – Commercial Observer
Live Shopping Marketplace Storefront Takes 5K SF at 555 West 25th Street – Commercial Observer
Crain´s New York
Moja and CONTŌR sign leases on East 13th St in Union Square – Crain’s New York Business
Developer Nathan Berman faces crisis with Midtown conversion – Crain’s New York Business
Glasshouse inks 70K lease at 3 World Trade Center – Crain’s New York Business
Center for Justice Innovation signs 34K lease at 520 Eighth Ave. – Crain’s New York Business
Bisnow
Brookfield Eyes Stake In $3.5B Manhattan Office Campus – Bisnow
MetroLoft Buys Next Office Conversion Target: The N.Y. Deal Sheet (July 14, 2026) – Bisnow
New York Business Journal
Midtown evacuation raises conversion concerns – New York Business Journal
Airbnb buys Gramercy Park building for NYC employee hub – New York Business Journal
NYC apartment rents keep climbing despite population exodus – New York Business Journal
New York YIMBY
Harborview Terrace Houses Completes Open Space Transformation – New York YIMBY
2 World Trade Center Officially Restarts Construction with Ceremonial Groundbreaking in Financial District, Manhattan – New York YIMBY
Three-Skyscraper Development with 3,950 Units Planned for 400-418 Eleventh Avenue in Hudson Yards, Manhattan – New York YIMBY
Façade Installation Progresses On 842 Sixth Avenue in NoMad, Manhattan – New York YIMBY
Rendering Revealed for 567 Second Avenue in Kips Bay, Manhattan – New York YIMBY
New York Post
Mamdani can’t slow hot commercial market – NY Post
Three World Trade Center inks deal with event space Glasshouse to fill longtime vacancy – NY Post
Wall Street Journal
The Sky Was the Limit For Turning Offices Into Apartments—Until Some Columns Buckled – WSJ
Exclusive | Brookfield Plans to Buy Stake in Hudson Square Complex in Bet on New York City Tech Hub – WSJ
