Welcome to the July 27 edition of the CRE headlines this week
As we head into the final week of July, we’re taking a look at the latest activity across New York City’s commercial real estate market. This week’s issue covers notable leasing deals, development updates, and the market trends shaping the city’s office and broader CRE landscape.
Here are the top commercial real estate headlines and developments from across NYC this week.
Follow Richard Plehn on socials
The Real Deal
Hollywood Agency Takes 100K SF at Empire State Building – TRD
BXP Putting 7 Times Square Ground Lease on the Market – TRD
Owners of 295 Fifth Ave Push for Revival With Refinancing – TRD
New York City’s Top Construction Permits: July 17, 2026 – TRD
JPMorgan To Sell Stake in Fisher Brothers’ 605 Third Avenue – TRD
New York Top Real Estate Deals: Wednesday, July 22 – TRD
Overreaction to Conversions Would be Fatal to New Yorkers – TRD
SL Green Cashes in on Manhattan Office Rebound – TRD
Kings Capital Buys Vacant FiDi Building – TRD
The Commercial Observer
Investment Firm HarbourVest Partners Takes 20K SF at 9 West 57th Street – Commercial Observer
United Talent Agency Consolidates to 101K SF at ESRT’s Empire State Building – Commercial Observer
Instacart Takes 26K SF at ESRT’s 111 West 33rd Street – Commercial Observer
Insurance, Real Estate Firms Take 57K SF at SL Green’s 1185 Avenue of the Americas – Commercial Observer
Law Firm Hodgson Russ Renews 20K SF at Fisher Brothers’ 605 Third Avenue – Commercial Observer
Infinium Wall Systems Takes 30K SF of Office, Retail Space at ESRT’s 1359 Broadway – Commercial Observer
Marx Realty CEO Craig Deitelzweig Spied the Office-Hospitality Connection Early – Commercial Observer
Investment Firm T7 Capital Signs 4K-SF Lease at GFP’s 515 Madison Avenue – Commercial Observer
AI Company Mercor Takes 26K SF at Durst’s One World Trade Center – Commercial Observer
Luxury Menswear Brand ISAIA Takes 13K SF at Feil’s 257 Park Avenue South – Commercial Observer
Real Estate Firm Yuco, AI Company Elite Each Take 7K SF at 757 Third Avenue – Commercial Observer
Insurance Giant Fidelity Takes 20K SF at SL Green’s 711 Third Avenue – Commercial Observer
Data Platform Chalk Grabs 27K SF in Flatiron District – Commercial Observer
Durst Secures Three Leases at 1133 Avenue of the Americas – Commercial Observer
AI Firm Legora Takes 98K SF at SL Green’s 11 Madison Avenue – Commercial Observer
Crain´s New York
Meta Platforms cuts more than 1,000 jobs in New York City – Crain’s New York Business
New York’s largest employers list dominated by 3 industries – Crain’s New York Business
GFP Real Estate lands $95M refinancing at NoHo office portfolio – Crain’s New York Business
Chalk AI lease nearly 27K at Flatiron Class B office building – Crain’s New York Business
A secret buyer has snapped 122 E. 55th St. for about $8M – Crain’s New York Business
Bisnow
Conversions Likely Face Higher Costs, More Scrutiny After Former Pfizer HQ’s Near Collapse – Bisnow
Hollywood Talent Agency Leases 101K SF At Empire State Building – Bisnow
SL Green Cashing In On Surging Manhattan Office Market – Bisnow
New York Business Journal
Ryan Specialty expands at SL Green’s 1185 Avenue of the Americas – New York Business Journal
HarbourVest signs 10-year lease at Solow Building in NYC – New York Business Journal
SL Green leases 34,000 sq ft at 711 Third Avenue – New York Business Journal
New York YIMBY
Rendering Revealed for 567 Second Avenue in Kips Bay, Manhattan – New York YIMBY
Renderings Reveal 1,127-Unit Hudson Landing Complex in Hell’s Kitchen
$45 Million Construction Loan Secured for 264-272 West 135th Street
New York Post
United Talent Agency taking its talents to the Empire State Building – NY Post
Wall Street Journal
Exclusive | Ralph Lauren’s Polo Bar in Talks to Move to a New Office Tower – WSJ
