Prepared by Richard Plehn
Welcome to the Weekly Real Estate Newsletter!
In this October 20th edition, we’re sharing the latest from New York’s commercial real estate market — including major lease transactions, new development activity, and the trends influencing the city’s office landscape. Whether you’re tracking headline deals or looking for timely insights, this roundup highlights the key updates shaping NYC real estate today.
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The Real Deal
Chelsea Piers Management Signs Lease in NYC’s Hudson Square – TRD
New York Top Real Estate Deals: Friday, Oct. 10, 2025 – TRD
Tokyu Land Buys Lower East Side Building for $56M – TRD
Union Investment Signs Law Firm to 70K SF in FiDi . TRD
AI Developer Subleases 80K SF at 1 WTC – TRD
Domain Companies Acquires Vorea Group Amid NYC Expansion – TRD
CMBS Market Rides Office Deals to 18-Year High – TRD
New York Top Real Estate Deals: Tuesday, Oct. 14, 2025 – TRD
BXP Closing in on 343 Madison Anchor Tenant – TRD
SL Green Buying Park Avenue Tower – TRD
Borough Park Office Trades for $42M – TRD
Lender Takes Over Leasehold At KPG Greenwich Village Project – TRD
Vornado’s 650 Madison Sent to Special Servicing – TRD
Howard Hanna Acquires Elegran Real Estate – TRD
The Commercial Observer
Children’s Retailer Maisonette Inks 2K-SF Lease at 32 Broadway – Commercial Observer
Lewis Brisbois Takes 70K SF at 140 Broadway – Commercial Observer
Stark Office Suites Takes 17K SF at 717 Fifth Avenue – Commercial Observer
General Underwriter Verist Takes 11K SF at 650 Fifth Avenue – Commercial Observer
GFP Lands Three New Tenants, Two Renewals at 515 Madison Avenue – Commercial Observer
BXP Reaches Tentative 275K-SF Anchor Deal at 343 Madison Avenue – Commercial Observer
Private Equity Firm Vialto Group Expands to 17,500 SF at 545 Madison Avenue – Commercial Observer
Law Firm Fox Horan & Camerini Inks 19K-SF Lease at the Lipstick Building – Commercial Observer
Crain´s New York
NYC office stocks fall even though demand for Manhattan space is strong | Crain’s New York Business
JPMorgan disputes tax bills at four Manhattan properties | Crain’s New York Business
Developer BXP nears a big lease for 343 Madison Ave. | Crain’s New York Business
The Davis Cos., Tribeca Investment Group take majority stake in ATCO Properties’ 630 Third Ave. | Crain’s New York Business
Bisnow
AI Firm Expands In Move To One World Trade: The N.Y. Deal Sheet (October 14, 2025) – Bisnow
SL Green To Pay $730M For Park Avenue Tower – Bisnow
Missed Payment Sends $800M Madison Avenue Loan To Special Servicing – Bisnow
New York YIMBY
North Cove Wraps Up Construction at 375 West 207th Street in Inwood, Manhattan – New York YIMBY
Permits Filed for 473 West 165th Street in Washington Heights, Manhattan – New York YIMBY
Demolition Nears Completion for 538-Foot Skyscraper at 5 West 13th Street in Greenwich Village, Manhattan – New York YIMBY
New York Post
Summit Properties buys 444 Madison leasehold in $41.7M deal – NY Post
New York Business Journal
Lewis Brisbois takes 70,000 square feet in Lower Manhattan – New York Business Journal
Midtown South on record pace for office leasing, CBRE reports – New York Business Journal
Domain Cos. acquires Vorea Group, expanding NYC presence – New York Business Journal
Vialto Group more than doubles footprint at 545 Madison Ave. – New York Business Journal
SL Green to acquire Park Avenue Tower from Blackstone – New York Business Journal
Wall Street Journal
The New York City Office Market Is Roaring Back, and It’s Pricier Than Ever – WSJ
SL Green Is Buying NYC’s Park Avenue Tower in One of Year’s Biggest Deals – WSJ
