Welcome to the August 24 edition of our newsletter.
New York City’s commercial real estate market continues to generate plenty of activity, with leasing, development, and investment trends worth keeping an eye on. This week, we’re highlighting the latest news and developments across Manhattan and the boroughs, along with some of the deals and market signals shaping the broader NYC CRE landscape.
Also, check out the latest Q2 2026 Manhattan Office Market Report out on the website.
Here’s a roundup of the CRE stories and developments worth following this week.
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The Real Deal
New York Top Real Estate Deals: Thursday, Aug. 20, 2026 – TRD
China Life Insurance Group To Sell 1285 Sixth Avenue Stake – TRD
Mike Kohan Faces Foreclosure Threat in Garment District – TRD
The Commercial Observer
Payments Manager Corpay Cross-Border Relocates to 18K SF at 560 Lexington Avenue – Commercial Observer
Extell Finalizes Deal to Buy 110 East 55th Street for $65M – Commercial Observer
Cybersecurity Tracker SecurityScorecard Renews 1140 Avenue of the Americas Lease – Commercial Observer
Investors Are Gaining More Confidence in Office: Survey – Commercial Observer
ESRT Selling 1359 Broadway to Thor for $218M – Commercial Observer
MNRK Music Group Inks 8K SF at Rosen’s 443 Park Avenue South – Commercial Observer
Household Goods Seller Diamond Home Signs 7K-SF Lease at 20 West 36th Street – Commercial Observer
Azora, Vizcaya Capital Flip Coconut Grove Office Building for $62M – Commercial Observer
New York City’s Technology Labor Market Has Surpassed San Francisco: Report – Commercial Observer
Crain´s New York
Minskoff hit with foreclosure suit at 1166 Sixth Ave. – Crain’s New York Business
Ken Griffin’s 350 Park Ave. to command second-highest office rents in New York – Crain’s New York Business
Garment District residential conversion site faces foreclosure – Crain’s New York Business
ANV Group Holdings leases full floor of space at AmTrustRe’s 59 Maiden Ln. – Crain’s New York Business
Zar Property NY acquires three NoHo office buildings for $21 million – Crain’s New York Business
Manhattan committee rejects four-story Herald Square billboard – Crain’s New York Business
Bisnow
Chetrit Group ‘Being Dissolved’ As Family Turmoil Spirals – Bisnow
New York Business Journal
Corpay Cross-Border Solutions relocates NYC office – New York Business Journal
NYC law firms posting record-level leasing activity – New York Business Journal
Extell buys Midtown office building for $65 million – New York Business Journal
Goldman Sachs to acquire LCN Capital Partners for $410M – New York Business Journal
New York YIMBY
Construction Progresses At 18 West 116th Street In Harlem, Manhattan
Renderings Revealed for Condo Building At 233 Mott Street In Nolita
Phase One of Port Authority Bus Terminal Redevelopment Progresses in Midtown, Manhattan – New York YIMBY
Rendering Revealed for Extell’s 37 West 66th Street on Manhattan’s Upper West Side – New York YIMBY
Extell’s 50 West 66th Street Completes Construction on Manhattan’s Upper West Side – New York YIMBY
New York Post
Exclusive | NYC’s Flatiron Building nears sellout
Major update for Ken Griffin’s 350 Park Ave. tower plans
Wall Street Journal
See a New York City Map of Manhattan Office-to-Residential Conversions – WSJ
