Maefield’s 20 Times Square loan moved back to special servicing after missing its May maturity, renewing foreclosure and restructuring questions for the landmark site.

Extell paid about $500M for 405–417 Park Ave and acquired Central Synagogue air rights, expanding Gary Barnett’s Midtown assemblage.

Vornado is redeveloping a short stretch of Seventh Avenue into street-level retail as part of its Penn District overhaul, tapping Newmark to handle leasing. Primark’s new Herald Square flagship and heavy transit traffic are helping fuel interest.

The Three Arts Club at 340 W. 85th is being rehabbed into 61 permanently affordable senior studios, with 40% set aside for formerly homeless older adults.

Flagg Family Capital has listed a renovated SoHo retail condo at 170 Mercer, fully leased to Magda Butrym, asking just under $12M.

Rabsky paid $30M for 267 Broadway, ending years of legal limbo and adding another Manhattan project to its pipeline. The sale clears a long‑running receivership and hands the site to a prolific developer.

J.P. Morgan says about $1 trillion in dry powder is parked in the Northeast; advisers say New York could be a top beneficiary if that cash moves.

Chelsea Piers Fitness has pre‑leased a five‑story, 76,000‑square‑foot club at 250 Water, a major signal that Tavros’ long‑stalled Seaport project is moving forward. The mixed‑use plan calls for roughly 600 apartments with 25% affordable units.

Albany negotiators have proposed a levy on NYC homes bought with cash for $1M or more as part of FY2027 budget talks, a surprise revenue idea still under negotiation.

A six‑story SoHo building at 261–267 Canal St., once home to Canal Street Market, traded for $36M — a deal that may reshape the block's retail and office mix.

Vornado and Stellar filed to add nearly 1,000 units at Independence Plaza, proposing a 72‑story tower that reignites neighborhood fights over growth and affordability.

StreetEasy’s April data show a typical New Yorker would need about 20 years to save a 20% down payment on a median-priced NYC home, with big gaps by neighborhood.

The James F.D. Lanier Residence at 123 East 35th Street, long held by Bassam Alghanim, sold for about $16M, according to filings and local reports.