News
Slate Property Group and Avenue Realty Capital acquire 45 White St. for $32 million
3+ day, 15+ hour ago (365+ words) Manhattan, NY Slate Property Group (Slate) in partnership with Avenue Realty Capital (ARC), has acquired 45 White St., a seven-story multifamily rental building in the Tribeca neighborhood. The partnership purchased 45 White from Benchmark Real Estate Group for $32 million. The acquisition was…...
GFP Real Estate signs three leases totaling 9,370 s/f at 247 West 37th St.
3+ day, 21+ hour ago (272+ words) Manhattan, NY GFP Real Estate negotiated three recent lease transactions at 247 West 37th St., totaling 9,370 s/f across office and retail space at the Garment District property. In the first transaction, AJC Trading Inc. signed a new 10-year, six-month lease for…...
OPEN Impact Real Estate represents Mercy Center in 6,252 s/f lease at La Central in the Bronx
3+ day, 21+ hour ago (362+ words) Bronx, NY OPEN Impact Real Estate (OPEN), one of the largest woman-owned commercial real estate services companies specializing in nonprofit real estate, represented Mercy Center " a locally-based nonprofit providing family support, education, and youth development programs " in securing a 15-year…...
$89.5 million penthouse sale at 1122 Madison Ave. breaks neighborhood record
4+ day, 3+ hour ago (563+ words) $89.5 million penthouse sale at 1122 Madison Ave. breaks neighborhood record'New York Real Estate Journal $89.5 million penthouse sale at 1122 Madison Ave. breaks neighborhood record Manhattan, NY Legion Investment Group and Nahla Capital has signed the penthouse at 1122 Madison Ave., a new condominium…...
What are the affordable requirements within Midtown South Mixed-Use rezoning plan if building condominiums? - by Robert Cohen
4+ day, 19+ hour ago (207+ words) MSMX effectively forces condo development on small lots unless you have a tax abatement, are doing a 467-m office conversion, or you're operating in a much lower interest rate environment. Without those, rental pencil collapses at 15 FAR due to MIH…...
Lee & Associates NYC Q4 2025 Report shows 11.6 million s/f quarterly leasing, falling availability and record Class B rents
4+ day, 23+ hour ago (479+ words) Manhattan, NY Manhattan's office market closed 2025 with its strongest quarterly leasing performance since late 2019, as tightening availability, rising rents and growing tech demand signal a more durable recovery entering 2026. Lee & Associates NYC's 2025 Q4 Manhattan Office Market Report shows leasing volume reached…...
Manhattan office leasing roars back in Q1 2026, fueled by AI and mega deals according to JLL office leasing research
4+ day, 23+ hour ago (315+ words) Manhattan, NY JLL has released the topline findings from its Q1 2026 Manhattan office leasing research, and the results point to a strong start to the year despite ongoing economic uncertainty. Q1 2026 leasing volume nearly matches last year's record breaking first quarter. Large…...
Marx Realty launches speakeasy at 10 Grand Central - 6,000 s/f
5+ day, 5+ hour ago (634+ words) Marx Realty launches speakeasy at 10 Grand Central - 6,000 s/f'New York Real Estate Journal Marx Realty launches speakeasy at 10 Grand Central - 6,000 s/f Manhattan, NY Marx Realty (MNPP) has entered a partnership with the downtown speakeasy Please Don't Tell (PDT), to…...
SL Green inks 163,000 s/f lease with Clay at 11 Madison Avenue
5+ day, 21+ hour ago (250+ words) Manhattan, NY SL Green Realty Corp. has inked a new 10-year, 163,095 s/f lease at 11 Madison Ave. with Clay, an AI Sales growth stage company that surpassed $100 million ARR in Q4. Clay will occupy the entire 14th and 16th floors, together with a…...
GFP Real Estate leases 8,995 s/f to Legal Services NYC at 349 East 149th St.
1+ week, 1+ day ago (311+ words) Bronx, NY GFP Real Estate, LLC made known that Legal Services NYC has signed a new 15-year, 8,995 s/f office lease extension at 349 East 149th St. The long-term lease expands and consolidates the nonprofit's footprint within the building. Legal Services NYC…...