Prepared by Richard Plehn
Welcome to the Weekly Real Estate news!
In this first April edition, we’re spotlighting the latest activity in New York’s commercial real estate scene. From noteworthy office deals to new developments making headlines, this issue covers the transactions and trends influencing the market. Discover what’s shaping the landscape across the five boroughs and neighboring areas.
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The Real Deal
Manhattan Office Logs Strongest Quarter Since 2019 – TRD
Feil Spinning Wheels Once More on Billionaires’ Row – TRD
Tal Alexander’s Wife Moves Out of Manhattan Supertall Apt – TRD
NYC’s Top Broker Ranking 2025 – The Real Deal
The Real Deal’s 2024 Residential Broker and Brokerage Rankings – TRD
Downtown Condo on West Side is NY’s “It Building” – TRD
Manhattan’s high-end market hit a hot streak in Q1 – The Real Deal
Gov. Kathy Hochul Backs FARE Act in Chi Ossé Video – TRD
Real Estate Pours Money into Cuomo Run – TRD
Paramount Signs Kirkland & Ellis at 900 Third Avenue – TRD
Metro Loft Hit With Pre-Foreclosure Complaint at 180 Water – TRD
BXP’s 200 Fifth Avenue Lands Law Firm Tenant – TRD
Elie Tahari’s Son Launches Brokerage Arm of Family Business – TRD
Zellnor Myrie Pitches “Mega Midtown” – TRD
Wall Street Journal
This Real-Estate Developer Is Going Big on Retail When No One Else Will – WSJ
Bisnow
Foot Locker Leaves NYC, Signs HQ Lease In Tampa Bay – Bisnow
This Week’s N.Y. Deal Sheet: Kirkland & Ellis Expands Beyond 601 Lex (April 1, 2025) – Bisnow
Manhattan Clocks Most Active Quarter For Office Leases Since 2019 – Bisnow
A Change In Fortunes May Be Afoot For Third Avenue Office Owners – Bisnow
New York Business Journal
Food Market takes space at Estela development in South Bronx – New York Business Journal
Manufacturing reshoring efforts take decades; share of first-time homebuyers hits all-time low – New York Business Journal
Zoi Meditteranean and Ten11 Lounge to open at Life Hotel – New York Business Journal
Trump tariffs impact US manufacturing, industrial real estate – New York Business Journal
Feil Organization revives Midtown residential conversion plan – New York Business Journal
TileBar grabs 2 floors in the Flatiron District – New York Business Journal
Octus takes office space at Fifth Avenue Textile Building – New York Business Journal
H&H Bagels CEO details nationwide expansion plans – New York Business Journal
Webster Bank, Signers National take space at 360 Lexington Ave. – New York Business Journal
Coalition Space to open Grand Central coworking space – New York Business Journal
Office-to-residential conversion planned at former MONY Building – New York Business Journal
The Commercial Observer
Apollo Global Negotiating 100K-SF Lease for Four Floors at 590 Madison – Commercial Observer
Coworking Firm Coalition Space to Open 16K-SF Location at 485 Madison Avenue – Commercial Observer
Data Intelligence Platform Peregrine Takes 10K SF at 104 Fifth Avenue – Commercial Observer
Credit Data Firm Octus Signs 43K-SF Lease at 295 Fifth Avenue – Commercial Observer
Webster Bank and Insurer Signers Ink Deals at 360 Lexington Avenue – Commercial Observer
Universal Music Group Finalizes 336K-SF Deal at Vornado’s Penn 2 – Commercial Observer
Fintech Firm Intuit Expands to 115K SF at 51 Astor Place – Commercial Observer
Law Firm Kirkland & Ellis to Open 131K-SF Office at 900 Third Avenue – Commercial Observer
TileBar Inks 34K-SF Lease at 53 West 23rd Street – Commercial Observer
Law Firm Goodwin Procter Finalizes 250K-SF Lease at 200 Fifth Avenue – Commercial Observer
Crain´s New York
KBRA retracts report that Fox plans to vacate space at 1211 Sixth Ave. | Crain’s New York Business
Midtown office towers on Fifth Avenue owned by Moinian land in special servicing | Crain’s New York Business
Companies demand workers back but return-to-office rates in Manhattan are barely changing | Crain’s New York Business
Nello to relocate from 696 Madison Ave. to SL Green’s 1350 Sixth Ave. | Crain’s New York Business
Vornado, BXP and SL Green see stocks crater after tariffs announcement | Crain’s New York Business
New York YIMBY
16 Fifth Avenue’s Brick Façade Continues Installation in Greenwich Village, Manhattan – New York YIMBY
Goodwin to Relocate New York Office 200 Fifth Avenue
The Village West’s Façade Takes Shape at 525 Sixth Avenue in West Village, Manhattan – New York YIMBY
NYPD Opens New World Trade Center Command Facility
Curtain Wall Installation Begins on Rolex USA Headquarters at 665 Fifth Avenue in Midtown, Manhattan – New York YIMBY
Demolition Underway for 29-Story Tower at 930 First Avenue in Turtle Bay, Manhattan – New York YIMBY
