News & Articles

Real Estate News

Learn about NYC commercial leases, building sales, new developments, and pricing trends shaping the office market.

Police, crowds, emergency vehicles at barricaded office building.

Buckling Columns at the Former Pfizer Building — Should Nearby Midtown Tenants Be Worried?

Two support columns on the 21st floor of 235 East 42nd Street buckled on the morning of Tuesday, July 7, and several floors above them started to sag.

10 Jul '26 • By Bobby Samuels

Rocket launches above New York skyline at sunrise with glowing skyscrapers.

Real Estate News

What the SpaceX IPO Means for New York City Office Space: 5 Reasons the Space Economy Could Drive Demand

SpaceX goes public this week.

10 Jun '26 • By Alan Rosinsky

Cargo ship in rough seas hit by missiles, explosions and smoke rise.

Real Estate News

Why $120 Oil Won’t Kill NYC’s Office Market — But Duration Might

I’ve represented tenants in Manhattan for years, and I can count on one hand the number of times an international event or crisis changed someone’s plan to lease a commercial space.

12 Mar '26 • By Alan Rosinsky

NYC skyline at sunset with Empire State Building and colorful clouds.

Real Estate News

Now That Mamdani Is In — What’s Next for Commercial Real Estate in New York City?

Zohran Mamdani, a 34‑year‑old state assemblyman, Muslim, and self-described democratic socialist, just became NYC’s mayor after defeating former governor Andrew Cuomo with just over 50% of the vote, ending a political dynasty and making history as the youngest mayor since 1890.

10 Nov '25 • By Alan Rosinsky

Business professionals walk and talk in a modern office building.

Real Estate News

End of Remote Work: Major NYC Employers Mandate Returns – What It Means for Office Demand

I used to field calls asking, “Will companies ever bring people back?” Now every conversation starts with “Did you hear who just announced five days?” And it’s all because companies, of different shapes, sectors, and sizes, are essentially declaring the end of remote work.

29 Jul '25 • By Alan Rosinsky

Chrysler Building spire with metallic arches against blue sky.

Real Estate News

For Sale Again: How the Third Time Could Be the Chrysler Building’s Charm

You know what they say about third times and charms?

18 Jun '25 • By Alan Rosinsky

People outside a store with green awning reading "Photo-Video-Pro-Audio BH

Real Estate News

The B&H Acquisition: A $150 Million Steal That Has New York Gawking

B&H Photo just pulled off a real estate coup for the ages, nabbing a 21-story building at 333 West 34th Street for $150 million—an eye-popping $105 million discount compared to Brookfield Properties’ 2017 purchase price.

28 Mar '25 • By Alan Rosinsky

Park Ave with taxis, skyscrapers, trees, and historic building.

Real Estate News

The Future of Midtown Manhattan – The Resurgence of Third Avenue and the Rise of 350 Park Avenue

Don’t lie—how often have you dismissed Third Avenue while touring glitzy Hudson Yards spaces or chasing SoHo’s creative energy?

14 Feb '25 • By Bobby Samuels

Real Estate News

The Waldorf Astoria Awakens: Can its Reopening Resurrect Midtown East?

The Waldorf Astoria has finally shed its construction cocoon, and Manhattan is holding its collective breath.

08 Feb '25 • By Bobby Samuels

Trump Tower entrance in NYC with NYPD and gathered crowd.

Real Estate News

A Second Wind? The Trump Organization’s Post Election Revival

Donald Trump is back in the White House, and suddenly, the spotlight has once again swung to his real estate empire.

24 Jan '25 • By Bobby Samuels

Red zigzag arrow with dollar bills, titled "Interest Rate Cut.

Real Estate News

Gotham’s Second Act: How the Fed’s Interest Rate Cut Set Stage for NYC’s Commercial Comeback

New York City’s skyline may be as impressive as ever.

20 Sep '24 • By Bobby Samuels

Park Ave street sign hanging from a lamppost, showcasing a classic New York City streetscape

Real Estate News

The Transformation of 250 Park Avenue: A New Era for Grand Central

Ever notice that imposing building at 250 Park Avenue during your commute?

05 Aug '24 • By Alan Rosinsky

Panoramic view of the New York City skyline at sunset. Tall buildings cast long shadows.

Real Estate News

Risk-Takers’ Reward: How Ambitious Bets on Distressed Office Buildings Pay Off

The Big Apple’s commercial real estate market is in for a wild ride.

17 Jul '24 • By Alan Rosinsky

Manhattan skyscrapers and Central Park, highlighting NYC’s evolving commercial real estate scene

Real Estate News

How Vornado’s 350 Park Avenue Could Reimagine NYC’s Skyline & Office Life

Vornado Realty Trust is going all-in with plans for a massive 62-story office tower at 350 Park Avenue that could change the game in New York City.

24 May '24 • By Bobby Samuels

Colleagues collaborate in NYC tech bullpen space

Real Estate News

Tech Office Space in NYC: A Tale of Two Trends

New York City’s tech office space market is exhibiting some head-scratching contradictions.

03 May '24 • By Bobby Samuels

Silver puzzle parts in evening sun, emblematic of .6B CoStar-Matterport deal reshaping NYC CRE.

Real Estate News

Costar Acquires Matterport and Why it Matters

CoStar Group’s recent acquisition of Matterport for a cool $1.6 billion isn’t just another headline in the business pages—it marks a strategic consolidation of power within the commercial real estate sector.

29 Apr '24 • By Bobby Samuels

Aerial view of Lower Manhattan, NYC, under sunny skies, hinting at office market resurgence.

Real Estate News

Signs of Renewal: The Cautious Optimism Shaping New York City’s Office Market

With the weather getting warmer, so is New York City’s office market, despite its share of challenges.

04 Apr '24 • By Bobby Samuels

Vibrant 5th Ave scene, Manhattan's prime commercial hub, amidst NYC's real estate resurgence.

Real Estate News

Retail Renaissance: Jeff Sutton’s $1.8B Sales Frenzy Signals a Bright Future

As 2023 unfolded, New York City’s commercial real estate market faced its share of challenges.

15 Mar '24 • By Bobby Samuels

Trump Tower With The American Flag, Symbolizing Legal Turmoil In Nyc Commercial Real Estate.

Real Estate News

Trump Judgment Day: Assessing the Future of a Fallen Empire and New York City Real Estate

In a move that has shaken up the corridors of New York’s real estate world, former President, 2024’s presumptive republican nominee, real estate magnate, and overall hotbed of controversy, Donald Trump, faces a staggering bill: around $454 million in penalties and interest, as decreed by a New York court.

01 Mar '24 • By Alan Rosinsky