Welcome to the November 16 edition of our newsletter
Here’s your weekly roundup of what’s happening across NYC commercial real estate, including the latest office leasing deals, investment activity, development news, and market trends shaping the city.
Also this week: our Q3 2026 Manhattan Office Market Report is now available on our website. We take a closer look at leasing activity, asking rents, tenant demand, and the latest trends across Manhattan’s office submarkets.
👉 Visit our website to explore the full Q3 2026 Market Report.
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Take a look at this week’s headlines and updates below. Thanks for reading!
The Real Deal
Bushburg buying 60 Wall Street for $400M
Oppenheimer Relocating HQ to RXR Tower, Remaining in FiDi
MetLife Grows Again at Namesake Manhattan Building
Commercial Observer
AI Firm Modal Labs Takes 157K SF at Rudin’s 32 Avenue of the Americas
Silverstein Catches Hail Mary Lease With Heisman at 120 Broadway
Bushburg in Contract to Buy 60 Wall Street at Jaw-Dropping Discount
Investment Bank Oppenheimer Relocates HQ to 220K-SF Office at 32 Old Slip
Hedge Fund Forest Avenue Capital Inks 7K-SF Lease at 45 East 53rd Street
Streaming Platform Vimeo Signs 15K-SF Lease at Haymes’ 5 Penn Plaza
Extell Buys 1190 Avenue of the Americas for Fifth Avenue Development
CSC Real Estate In Contract to Buy Episcopal Church’s Manhattan HQ
Crain´s New York
Heisman inks lease to relocate HQ to Silverstein FiDi office tower
Goldman Sachs’ former Wall Street tower faces reckoning as anchor tenant plans exit
Extell buys another Midtown building near planned Fifth Avenue megatower
Oppenheimer relocates Lower Manhattan headquarters to 32 Old Slip – Crain’s New York Business
New York Post
Manhattan leasing remains red hot in October
Deal for 60 Wall St. bodes well for Lower Manhattan
Bisnow
RXR Signs Investment Bank To 220K SF Lease In FiDi
New York Business Journal
Manhattan office rents hit pre-pandemic levels for first time in more than six years
Oppenheimer relocating headquarters in $66M investment, retaining 1,001 NYC jobs
Vimeo relocates NYC headquarters to 5 Pennsylvania Plaza – New York Business Journal
Extell Development buys building near Fifth Avenue project – New York Business Journal
New York YIMBY
13,000-Square-Foot Amenity Floor Planned For 712 Fifth Avenue In Midtown, Manhattan
Permits Filed for 25-Story Tower at 160 Pearl Street in Manhattan’s Financial District – New York YIMBY
