FiDi Prep School Léman Scores Big Rent Break at Cunard Landmark
Léman Manhattan Prep secured a roughly 28% rent reduction at 25 Broadway after a years‑long dispute with the building’s owner. The amendment eases short‑term pressure on the school amid broader FiDi debt stress.
Penn Station Power Play: Vornado Packs 34th Street Passage With Three Sidewalk Cafes
Vornado plans three sidewalk cafes in a West 34th passageway outside Penn Station as part of its Penn District retail push. The move builds on Plaza 33 and other recent public-space upgrades.
Durst Bets Big On Midtown Glow-Up At 114 West 47th Street
Durst is repositioning its 26‑story tower at 114 West 47th and will market up to 525,000 sq ft as Bank of America pares back. The refresh adds new lobbies, terraces and upgraded amenities aimed at top Midtown rents.
Slim Greenwich Village Tower Muscles Into Skyline As Neighbors Bristle
Foundations are being poured at 11 West 13th Street as a 30‑story KPF tower begins to rise, backed by roughly $190M in construction financing amid preservation pushback.
New Brookfield Boss Bets On New York’s Real Estate Revival
Brookfield CEO Connor Teskey says deal activity is picking up as the firm raised $21B in Q1 and trophy rents climb in New York. The company is pushing into AI‑linked power and alternative property types.
NYC Buildings Boss Says City Nearly Clears First Local Law 97 Test
DOB says about 93% of covered properties filed Local Law 97 reports. The city is auditing filings, routing offset money to affordable housing and readying enforcement for holdouts.
After 30 Years, Gallet Dreyer & Berkey Grabs Full-Floor Perch on Third Ave
Gallet Dreyer & Berkey signed for the full 28th floor at 685 Third Ave and relocated after roughly 30 years at 845 Third Ave. The firm confirmed the move on its website.












