Category: New York City

New York retail’s comeback:  Rebuilt one deal at a time - by James Famularo

New York retail’s comeback: Rebuilt one deal at a time - by James Famularo

December 9, 2025
Retail doesn’t stand still, and in 2025, New York proved how quickly it can accelerate. After years of post-pandemic uncertainty, the city’s landscape rebounded with a surge few would have anticipated, as retailers, landlords, and entire corridors reentered the market
Starhill Phase I reaches completion; $189m housing dev. led by S:US and NY Homes and Comm. Renewal

Starhill Phase I reaches completion; $189m housing dev. led by S:US and NY Homes and Comm. Renewal

December 9, 2025
Bronx, NY According to New York State Homes and Community Renewal commissioner RuthAnne Visnauskas, Starhill Phase I, a $189 million affordable housing development featuring 326 affordable apartments, including 200 supportive apartments for individuals struggling with homelessness, has been completed. Under governor Hochul’s leadership,
Forte completes SUNY Fashion Institute of Technology’s $188m Brown Academic Bldg.

Forte completes SUNY Fashion Institute of Technology’s $188m Brown Academic Bldg.

December 9, 2025
Manhattan, NY Forte Construction Corp. worked with the Dormitory Authority for The State of New York (DASNY) to complete the building of the Joyce F. Brown Academic Building at the State of New York (SUNY) Fashion Institute of Technology in Chelsea.
Berger of Norman Bobrow & Co. renews 10,000 s/f lease for TADA Youth Theater at 15 West 28th St.

Berger of Norman Bobrow & Co. renews 10,000 s/f lease for TADA Youth Theater at 15 West 28th St.

December 9, 2025
Manhattan, NY TADA Youth Theater, a non-profit drama program for teens and young adults, has chosen to stay in its 10,000 s/f space with the renewal of a five-year lease at 15 West 28th St. in the NoMad neighborhood.
Aufgang Architects designs two 100% affordable multifamily projects totaling 446 units

Aufgang Architects designs two 100% affordable multifamily projects totaling 446 units

December 9, 2025
Bronx, NY Aufgang Architects has released details on two new, award winning, 100% affordable multifamily design projects. An 18-story 266-unit building at 860 Village Concourse East, featuring a community health services facility, is being developed by Gilbane.  At 1810 Randall Ave., an eight story 180-unit building is being developed by Vertical Community Development
Dept. of Social Services and Inst. of Community Living celebrate opening of 835 affordable Brooklyn homes

Dept. of Social Services and Inst. of Community Living celebrate opening of 835 affordable Brooklyn ...

December 9, 2025
Brooklyn, NY Department of Social Services (DSS) commissioner Molly Wasow Park, and Institute of Community Living (ICL) president Jody Rudin celebrated the opening of 182 deeply affordable homes at 2886 Atlantic Ave. for New Yorkers exiting the shelter system. The opening of the building marks the first Affordable Housing Services (AHS) site in the city, and the creation of 835 deeply affordable homes
Marcus Partners adds Schaefer as managing director, investments

Marcus Partners adds Schaefer as managing director, investments

December 9, 2025
Manhattan, NY Marcus Partners has welcomed Alex Schaefer to the firm as managing director, investments, and is responsible for leading acquisitions across the Metro New York market. He will work closely with Bill McAvoy, principal, Investments who currently leads acquisitions for the region.
Mazzola joins Greystar as managing director of development

Mazzola joins Greystar as managing director of development

December 9, 2025
Manhattan, NY According to Greystar, Chris Mazzola has joined the company as managing director of development in the New York Metro region. In this position, Mazzola will oversee the expansion of Greystar’s development pipeline across New York, New Jersey, and Southwest Connecticut. Mazzola brings over 15 years of experience in real estate development
AmTrustRE launches façade retrofit  revitalization project at Manhattan office

AmTrustRE launches façade retrofit revitalization project at Manhattan office

December 9, 2025
Manhattan, NY AmTrustRE, a national real estate owner-developer with more than 12 million s/f of commercial, mixed-use and residential properties across the Northeast, Midwest and Sunbelt, has embarked on an ambitious and forward-looking exterior retrofit project at its office tower, 59 Maiden Ln., designed to enhance the building’s energy performance and tenant comfort, without demolition or disruption to the office tower’s daily operations.
Time Equities Inc. launches TEI Diversified Income & Opportunity Fund VII platform

Time Equities Inc. launches TEI Diversified Income & Opportunity Fund VII platform

December 9, 2025
Manhattan, NY Time Equities Inc. (TEI) has launched TEI Diversified Income & Opportunity Fund VII, LLC (Fund VII), a private real estate investment fund designed to provide accredited investors with access to a diversified
50 West 66th St. closes $45 million  sale - residence design led by Snøhetta

50 West 66th St. closes $45 million sale - residence design led by Snøhetta

December 9, 2025
Manhattan, NY 50 West 66th St., the tallest tower on the Upper West Side, has just closed on a $45 million deal - marking the most expensive sale in the UWS this year. Perched on the 47th floor of the building, it is also one of the highest residences to have ever sold in the Upper West Side. Despite lacking a dedicated website, public listings, or advertising, the building is over 75% sold.
BXP reports 1.5 million s/f  of leases in Q3 2025

BXP reports 1.5 million s/f of leases in Q3 2025

December 9, 2025
Manhattan, NY BXP has signed more than 1.5 million s/f of leases in the third quarter of 2025 with a weighted-average lease term of 7.9 years, representing BXP’s strongest third quarter of leasing since 2019 and a 38% increase over the third quarter of 2024. Leasing activity through the third quarter totals approximately 3.8 million s/f.
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