Commercial Real Estate News for October 6, 2025

Prepared by Richard Plehn

Welcome to the Weekly Real Estate Newsletter!
In this October 6th edition — kicking off a new month — we’re bringing you the latest from New York’s commercial real estate market, including major lease signings, new development activity, and the trends shaping the city’s office landscape. Whether you’re following headline transactions or looking for timely insights, this roundup delivers the key highlights driving NYC real estate today.

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The Real Deal

Manhattan’s Resi Market Builds Momentum In Q3 – The Real Deal
Weill Cornell Buys Former Sotheby’s HQ for $510M – The Real Deal
Manhattan’s Office Market Back on Offense – The Real Deal
Bilt Signs 837 Washington Lease in Meatpacking District – The Real Deal
Developers Behind Flatiron Building Conversion Unveil Pricing – The Real Deal
BlackRock Soars Above 1M SF at 50 Hudson Yards – The Real Deal
Vanbarton Lands $280M Loan For FiDi Luxury Building – The Real Deal
Davidson Kempner Lands $216M Refi for Westin Grand Central – The Real Deal

The Commercial Observer

BlackRock Expands 50 Hudson Yards HQ by Another 194K SF – Commercial Observer
Versant Lease at Former NY Times Building Occupies 164K SF – Commercial Observer
International Federation of Accountants Moves to 13K SF at 570 Lexington Avenue – Commercial Observer
Manhattan Office On Track for Possible Record Leasing Year: Report – Commercial Observer
Housing Platform Bilt Inks 58K-SF Lease at 837 Washington Street – Commercial Observer
Vanbarton Group Seals $280M Refi for 160 Water Street – Commercial Observer
Cartier Parent Richemont Expanded to 138K SF at 645 Fifth Avenue – Commercial Observer

Crain´s New York

Four Upper East Side buildings could get a makeover | Crain’s New York Business
Manhattan sees robust Q3 for office leasing | Crain’s New York Business
Bilt moves headquarters to Manhattan’s Meatpacking District | Crain’s New York Business
Sotheby’s sells Manhattan office to Weill Cornell for $510M | Crain’s New York Business

Bisnow

Weill Cornell Medicine Buys Sotheby’s Former HQ For $510M . Bisnow
AI’s NYC Office Footprint Is Hitting A Growth Spurt – Bisnow

New York YIMBY

Renovations To Begin At Metro North Plaza And Gaylord White Houses – New York YIMBY
New Rendering Revealed for RAMSA’s 200 West 88th Street on Manhattan’s Upper West Side – New York YIMBY

New York Post

New York City office vacancies hit 5-year low amid leasing frenzy – NY Post

New York Business Journal

Ikea buys Nike-occupied SoHo building – New York Business Journal
Bilt moves New York City headquarters to Meatpacking District – New York Business Journal

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