*** JPMorgan opens towering $3 billion headquarters on Park Avenue JPMorgan Chase unveiled its new 60-story headquarters on Park Avenue, reaffirming New York City's status as a financial epicenter. During the ribbon-cutting ceremony, Governor Kathy Hochul emphasized the tower's representation of confidence and ambition for the city's future despite Mayor Eric Adams' absence. The $3 billion structure symbolizes massiveness and patriotism, featuring a lobby adorned with bronze

*** The New York City Office Market Is Roaring Back, and It’s Pricier Than Ever Manhattan office space is leasing at a rate not seen since 2006, while office markets in other cities are plodding along New York City's office market is experiencing its largest boom in nearly 20 years, with businesses leasing 23.2 million square feet of office space in Manhattan during the first nine months of 2025, surpassing pre-pandemic levels. Factors driving this recovery include a return-t

*** City maintains record low amount of available retail space in Q3 The city's retail market reported a strong third quarter, maintaining a record low availability rate of 14.2%, matching the previous quarter's figures. Significant leases included Chelsea Piers acquiring nearly 50,000 square feet at 200 Varick St., Aldi leasing 25,000 square feet at 312 W. 43rd St., and Uniqlo taking 19,250 square feet at 860 Broadway. Additionally, Ikea purchased 529 Broadway in SoHo for $2

*** What we know about Rithm’s surprise $1.6B deal to buy Paramount Paramount sale raises questions about office recovery Rithm Capital's...

*** The Waldorf’s Makeover Went a Billion Over Budget—and China Is Footing the Bill Storied New York hotel fully reopens next month after...

*** NYC Developers, Resigned to Mamdani Winning, Now Want to Work With Him Democrat’s big lead in polls causes some property owners to...

*** No summer slump for Manhattan office market Leasing activity surged 40% as Deloitte, Amazon inked mega-deals In August, Manhattan's...

*** Kensico proposes 509 Madison conversion — but not to resi Developer eyeing 30-story hotel in Midtown Manhattan Kensico Properties...

*** NYC’s top deals: RXR buys office properties for over $1B TRD reports top transactions for Monday, Aug. 18, 2025 On August 18, New...

*** NYC Offices Are Back. Nothing Proves It More Than JPMorgan’s $3 Billion Tower. Bank prepares to move thousands of employees into its...

*** TF Cornerstone converting former Charles Cohen building on Billionaires’ Row Ground lease allows developer to add 350 units at 135...

*** BXP Starts Construction On $2B Midtown Office Tower BXP, formerly known as Boston Properties, is moving ahead with the construction...

*** Verizon Hikes In-Office Requirement, Leases Larger NYC Office Most of the company’s management employees will be required to report...

*** Why Manhattan’s office vacancy is the lowest of any major city Office vacancy rates are high in many major cities, with San Francisco...

*** NYC Real-Estate Execs Throw Money Behind Adams to Counter Rise of Mamdani Developers turn their backs on former Gov. Andrew Cuomo and...

*** Saudi Fund Invests Hundreds of Millions in Proposed NYC Skyscraper The Kingdom’s Public Investment Fund is teaming with New York...

*** 'Ain't No Heaven Till '27': Why Office Development Could Come Back Sooner Than Expected Office demand in the US is recovering after...

*** Developers Are Finally Dealing With the Office-Oversupply Problem Supply is on pace to contract for the first time in 25 years, as...

*** Occupancy Woes Push JEMB Realty's 35-Story Financial District Tower To Special Servicing JEMB Realty has requested that the $230...

*** BXP(Boston Properties) plans to develop $2B Midtown office tower with or without an anchor Developer BXP is set to begin construction...