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News
Manhattan Rent Hits $5,285 in NYC Housing Crunch
1+ day, 9+ hour ago (287+ words) Manhattan's median rent stood at $5,285 in August, up 7% from a year earlier, while studio apartments alone reached a median of $4,186 — nearly matching what a full one-bedroom cost in the borough back in 2022. Brooklyn wasn't far behind, with its median rent…...
Moncler opens its largest global flagship on Fifth Avenue in New York
3+ day, 12+ hour ago (183+ words) After a decade-long relationship with New York, Moncler has decided to commit further by opening the largest-ever global flagship on Fifth Avenue. Not just bricks and mortar, Moncler Fifth Avenue is the ultimate expression of the brand’s ongoing dialogue with…...
Somoza Tried to Pay the Victims Back. The Justice Department Stopped Him.
4+ day, 14+ hour ago (1536+ words) Defendant spent 327 days in solitary, while the FBI handed his computers away To wit: SOMOZA OUTSMARTED TRANSAMERICA. THE DOJ MADE HIM PAY FOR IT. In 2003, Rev. J. Benjamin Hardwick went to Curtis Somoza. He wanted burial insurance for poor people in…...
Manhattan’s Supply of New Condos to Hit Highest Level Since 2014
4+ day, 16+ hour ago (549+ words) Pumpkin spice and everything nice, that’s what fall is all about. Unless you’re a condo developer in Manhattan. Then fall is all about getting busy — a lot more busy. The fourth quarter of 2026 is expected to show a release of…...
Manhattan Office Tower Sales Surge as Leasing Hits Records
4+ day, 19+ hour ago (705+ words) CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter…...
Manhattan Class B Offices Add Amenities to Compete
4+ day, 18+ hour ago (455+ words) Class A leasing in Manhattan slipped to 10.3 million square feet in the first half of 2026, down from 11.6 million square feet a year earlier, per CoStar. Class B and C space picked up the slack, aided by less Class A availability…...
State comptroller report looks at Lower Manhattan’s post-9/11 growth
4+ day, 22+ hour ago (102+ words) For years after the Sept. 11 attacks, there were fears Lower Manhattan would never be the same. Streets that once buzzed with workers and tourists were suddenly quiet, leaving many to wonder whether the neighborhood could fully recover. Twenty-five years later,…...
NYC Mayor Mamdani, NYPD Commissioner Tisch to dicuss security plan for Jewish holidays
4+ day, 23+ hour ago (44+ words) cbsnews.com - The 5:33 | Legacy of the LIRR Massacre - On The Dot with David Schechter: Wildfires & Climate Change NYC Mayor Mamdani, NYPD Commissioner Tisch to dicuss security plan for Jewish holidays...
Lower Manhattan Office Leasing Surges as Rents Rise
5+ day, 2+ hour ago (640+ words) Bloomberg reports that Lower Manhattan is regaining office demand as companies seek less expensive alternatives to Midtown. Cushman & Wakefield data in its coverage of the downtown rebound show tenants leased about 4M SF south of Canal Street through June, excluding renewals....
Historic horse-drawn tram horse Albert dies in Australia
5+ day, 2+ hour ago (270+ words) In Australia, Albert, an 18-year-old Clydesdale gelding that pulled the historic horse-drawn tram between Victor Harbor and Granite Island for 13 years, has died. The horse fell ill on Friday and died the following morning. Veterinarians confirmed that tumors were the…...