Markets Swoon, Upper East Side Penthouses Still Fetch Top Dollar
Despite market jitters, Manhattan's top tier kept closing big deals this week, including sponsor penthouse sales on the Upper East Side. The top remains resilient even as other segments wobble.
Train Boss Leaves Penn Station Back Door Open For Developers
Andy Byford’s openness to off‑site development in Amtrak’s Penn Station procurement has watchdogs warning of tax giveaways and hidden rider costs as the agency moves toward a May developer pick.
Brooklyn Developer Muscles Into FiDi, Doubles Office Space at 17 State Street
BFC Partners is moving its Manhattan office to 17 State Street, taking about 14,000 sq ft and doubling its local office footprint as the developer scales up projects across the city.
Zeta-Jones, Douglas Put Hudson River Palace on the Market in Irvington
Catherine Zeta‑Jones and Michael Douglas have listed Longmeadow, an 11,600‑sq‑ft Georgian on 12 acres in Irvington. The listing highlights river frontage, a 100‑ft terrace and a 'fully immersive' lower level.
Tribeca Loft Prize Snapped Up In $32 Million White Street Deal
Slate and Avenue paid about $32M for 45 White Street, adding another cast‑iron conversion to their Tribeca holdings. The seven‑story building pairs retail space with loft-style rentals.
Bank Hapoalim Pours $88M Into Midtown East Office-to-Rental Overhaul
BHI provided an $88M recapitalization loan to Quantum Pacific Realty and Metro Loft for 845 Third Ave as owners press ahead with an office‑to‑residential conversion. The move adds fresh institutional debt to a Midtown East conversion pipeline.












