A Real Deal analysis of nearly 39,000 2025 closings shows Central Park South led NYC with a $7.5M median while the Upper West Side logged the most deals.

Four District 3 candidates told a West Side forum they would ask Mayor Zohran Mamdani to re-examine a PILOT-backed $2 billion financing plan tied to Hudson Yards West.

Adyen signed roughly 90,000 square feet across 111–115 Fifth Avenue while Galvanize took about 20,000 square feet at 111 Fifth. Both deals carry asking rents near $89 per square foot.

Igal Namdar is in contract to buy 250 West 57th Street for about $280M, a steep discount that highlights opportunistic buying in Midtown’s aging office market. The deal underscores who’s willing to bet on repositioning older office stock.

Top NYC brokers and teams captured billions in 2025, with Janice Chang, Madeline Hult Elghanayan and the Hudson Advisory Team among the leaders.

Earthwork has started at 242 East 71st Street for a RAMSA-designed 22-story condo with 50 units, retail and parking, slated to deliver in summer 2028.

Crain’s reports the Faison Firehouse at 6 Hancock Place was sold to an entity tied to Rev. Al Sharpton, raising questions about preservation and redevelopment in Harlem.

Developers filed nearly 12,000 apartment units in March — the most monthly multifamily filings in 12 years — driven by megaproject proposals in Hudson Yards and the Garment District.

A full-floor Flatiron residence has gone into contract at $58.5M; the sponsor unit spans 7,441 sq ft with sweeping arched windows and a tiny prow terrace.

Foundations are going in at The Beacon, a 16-story NewYork-Presbyterian medical center in Washington Heights set to centralize cancer care and house the Harkness Eye Institute.

Mayor Mamdani’s team is exploring ways to steer the foreclosure sale of 38 East Harlem buildings toward nonprofit buyers after years of code violations and tenant fights.

Marex is relocating its NYC offices to Rudin’s 560 Lexington, taking nearly 40,000 sq ft and opening up a large sublease block at Two Grand Central. The deal underscores demand for upgraded Midtown space.

Despite antitrust rulings and rule changes, New York agent commissions remain near 5.7 percent. Brokers say the shift changed conversations, not pay.