Commercial Real Estate News for Jan 5, 2026

Prepared by Richard Plehn

Welcome to the Weekly Real Estate Newsletter — January 5th Edition, and the first issue of 2026. As we kick off the new year, this edition sets the tone for what’s ahead in New York City’s commercial real estate market.

This week, we’re taking a close look at early-year leasing activity, active developments, and the market trends carrying over from 2025 that are shaping tenant strategy and investment decisions. From evolving workplace demand to continued interest in best-in-class assets, the new year begins with clear signals across the city’s office market.

As 2026 gets underway, this issue provides insight into where the market stands today and what to watch in the months ahead.

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The Real Deal

New York Top Real Estate Deals: Monday, Dec. 29 – TRD
Lexin Planning 270-Unit Conversion in Chelsea – TRD
Jeff Sutton Leases Entire Soho Retail, Resi Property – TRD
Manhattan’s Luxury Market Thrived In 2025 – TRD

The Commercial Observer

2025 Was an ‘Impressive Year’ for Manhattan Office Leasing: Colliers – Commercial Observer

Crain´s New York

Manhattan’s top five office leases of 2025 | Crain’s New York Business

New clip at The Real Estate Rundown with Richard Plehn

New York YIMBY

Demolition Finishing Up for 1,100-Foot Supertall at 37–47 West 57th Street in Midtown, Manhattan – New York YIMBY
Demolition Continues for 1,162-Foot Supertall at 655 Madison Avenue on Manhattan’s Upper East Side – New York YIMBY
Demolition Unfolds for 1,200-Foot Supertall at 77 West 66th Street on Manhattan’s Upper West Side – New York YIMBY
JPMorgan Tower’s Exterior Nears Completion At 270 Park Avenue in Midtown East, Manhattan – New York YIMBY
One Times Square Completes Renovations in Times Square, Manhattan – New York YIMBY

New York Business Journal

Quantum Pacific, Metro Loft plan 614 apartments at 101 Greenwich – New York Business Journal
Avdoo Partners acquires Hudson Square building for apartments – New York Business Journal
Bushburg Properties to convert 100 William St. into 430 apartments – New York Business Journal
Walter & Samuels sells Midtown office building – New York Business Journal
Financial District office building to become 169-unit apartment complex – New York Business Journal

New York Post

Rosy outlook for commercial real estate in 2026 has dark patches, too | New York Post

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