Welcome to the August 3 edition of our newsletter.
As we begin a new 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 notable office transactions to projects advancing across the boroughs, this issue highlights the key developments influencing the market.
Here are this week’s top commercial real estate headlines from across New York City.
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The Real Deal
Kings Capital Buys Vacant FiDi Building – TRD
Empire State Realty Trust Transaction Spree Set to Rage On – TRD
GFP’s office-to-resi conversion at 222 Broadway halted – TRD
Sentry Realty, 60 Guilders Move Midtown Office Market Again – TRD
Watermark Plans 99-Unit Mixed-use Building on Empty FiDi Lot – TRD
NYC pied-à-terre tax: Search properties that could be affected – TRD
New York City’s Top Construction Permits: July 24, 2026 – TRD
The Commercial Observer
Technology Platform Genius AI Expands by 14K SF at 838 Broadway – Commercial Observer
U.K. Fashion Brand Manière De Voir to Open First U.S. HQ at 599 Broadway – Commercial Observer
Legal AI Firm Sandstone Signs 14K-SF Lease at 141 East Houston Street – Commercial Observer
AI Is Rewiring the Office-Leasing Playbook – Commercial Observer
60 Guilders, Sentry Realty Snap Up 1441 Broadway for $240M – Commercial Observer
Cynde Altheim Interiors Renews 7K SF at 149 West 36th Street – Commercial Observer
U.S. Department of Veterans Affairs Takes 5K SF at 1733 Eastchester Road in the Bronx – Commercial Observer
BXP Secures $1.2B Construction Loan for 343 Madison Avenue Office Tower – Commercial Observer
AI Infrastructure Firm Treeswift Signs 7K-SF Lease at 256 West 38th Street – Commercial Observer
Rock Architecture & Engineering Expands to 4K SF at GFP’s 630 Ninth Avenue – Commercial Observer
NYC Taxi and Limousine Commission Takes 39K SF at AmTrustRE’s 250 Broadway – Commercial Observer
Crain´s New York
Karbone to relocate HQ to Fisher Brothers’ Midtown East building – Crain’s New York Business
City stops construction at downtown office-to-resi conversion after Pfizer project scare – Crain’s New York Business
BXP’s 343 Madison Ave. lands $1.2B loan – Crain’s New York Business
NYC’s Taxi and Limousine Commission inks 39K lease at 250 Broadway – Crain’s New York Business
Bisnow
NYC Stops Construction On Another Office-To-Residential Conversion As Inspectors Descend On Job Sites – Bisnow
BXP’s 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner – Bisnow
New York Business Journal
EliseAI moves to former Tiffany building on Fifth Ave – New York Business Journal
$200 million makeover starts at 460 Park Ave. – New York Business Journal
Legora to receive $10.5M in tax credits for Manhattan office – New York Business Journal
222 Broadway conversion paused amid city inspections – New York Business Journal
BXP Inc. secures $1.2B loan for Grand Central office tower – New York Business Journal
NYC Taxi and Limousine Commission moving to 250 Broadway – New York Business Journal
New York surpasses San Francisco in office leasing demand – New York Business Journal
New York YIMBY
LPC To Review Revised Plans For 21-Story Tower at 277 Canal Street In Soho, Manhattan – New York YIMBY
35 West 14th Street Tops Out in Chelsea, Manhattan – New York YIMBY
Renderings Revealed For The Market Hall Food Hall At 398 Tenth Avenue
Demolition Progresses at 419-421 Broadway in Soho, Manhattan – New York YIMBY
$200 Million Redevelopment 460 Park Avenue Begins in Midtown East
65 Franklin Street Rises Above Grade In Tribeca, Manhattan
Foundations Underway for 684-Foot Office Skyscraper at 625 Madison Avenue in Midtown, Manhattan – New York YIMBY
New York Post
United Talent Agency taking its talents to the Empire State Building – NY Post
Wall Street Journal
NYC Officials Halt Construction at Third Manhattan Conversion Project – WSJ
