Prepared by the Richard Plehn team
Welcome to the Weekly Real Estate Newsletter — February 16th Edition.
This week, we’re highlighting key leasing activity, development updates, and market signals shaping New York City’s commercial real estate landscape. From notable office transactions to projects moving forward across the boroughs, this edition offers a timely snapshot of the deals, trends, and momentum setting the tone for the market in February.
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The Real Deal
APF Properties Loses Midtown Office to Lender – TRD
New York Top Real Estate Deals: Friday, Feb. 6, 2026 – TRD
NYC Top Office Leases January 2026 – TRD
Citadel Takes Stake in Vornado’s 350 Park Avenue – TRD
Linklaters Expands At Vornado’s 1290 Sixth Avenue – TRD
NYC’s Top Construction Permits of the Week: Feb. 6, 2026 – TRD
Appraiser Jonathan Miller Ends Douglas Elliman Relationship – TRD
Manhattan Rent Hits Third-Highest Number on Record – TRD
Manocherian Brothers Float Resi at Garment District Building – TRD
Bisnow
Vornado To Start Construction On 3 NYC Projects This Year – Bisnow
The Commercial Observer
Turner & Townsend Takes 24K SF at SL Green’s 100 Park Avenue – Commercial Observer
AI Marketing Platform Bluefish Inks 17K-SF Deal at 315 Park Avenue South – Commercial Observer
Coworking Firm Mindspace Adds 12K SF at 25 Kent Avenue – Commercial Observer
Industrious to Open 18K-SF Coworking Space at 902 Broadway – Commercial Observer
AI Firm Verneek Takes 7K SF at GFP’s 171 Madison Avenue – Commercial Observer
Xfinity Creative Inks 14K-SF Lease at 75 Rockefeller Plaza – Commercial Observer
Law Firm Linklaters Expands by 48K SF at Vornado’s 1290 Avenue of the Americas – Commercial Observer
NYC Independent Budget Office Finalizes 19K-SF Lease at One Battery Park Plaza – Commercial Observer
Fabric Wholesaler Zelouf Signs 14K-SF Lease at 209 West 38th Street – Commercial Observer
General Contractor, Creative Agency Ink Deals at Dumbo Heights Campus – Commercial Observer
Crain´s New York
Flurry of 50K leases helped spur 2025 Manhattan retail momentum, REBNY report says | Crain’s New York Business
Waldorf Astoria to Hit Market After Acclaimed Renovation | Crain’s New York Business
RXR spends $730M to keep 450 Lexington Ave. bought for $720M competitive | Crain’s New York Business
From The Real Estate Rundown
Hosted by Richard Plehn
Don’t miss the newest episodes of The Real Estate Rundown, featuring a conversation with Evan Schneider, President of Project Control Group, where we discuss the role of project management in office leasing, build-outs, and successful tenant moves.
New York YIMBY
Façade Removal Underway For 383 Madison Avenue Overhaul in Midtown East, Manhattan – New York YIMBY
Malabar Residences Nears Completion at 126 East 57th Street in Midtown, Manhattan – New York YIMBY
100 Park Avenue Signs 12 Year Lease In Midtown, Manhattan
Renderings Revealed For 56 Great Jones Street in Noho, Manhattan – New York YIMBY
New York Business Journal
Turner & Townsend snags last vacancy at 100 Park Ave. – New York Business Journal
Premier Equities buys Koreatown commercial building – New York Business Journal
Fabric wholesaler Zelouf signs 10-year lease in Garment District – New York Business Journal
New York Post
SL Green’s 100 Park Ave. lands 12-year lease, now 100% occupied – NY Post
Waldorf Astoria’s Chinese owners put iconic NYC hotel up for sale after $2B overhaul – NY Post
