Pakistan and the U.S. signed an MOU to jointly redevelop Midtown’s Roosevelt Hotel, moving the PIA‑owned block from shelter to a potential multi‑billion‑dollar project.

Groundbreaking begins on Timbale Terrace in East Harlem, a 100% affordable housing project with 341 homes, a community arts center, and support for the homeless and youths exiting foster care.

A late-19th-century Gramercy walk-up at 129 E. 17th St. is listed for $15M, pitched as a rare condo-conversion with intact Victorian details. The property is drawing developer interest.

Sherwood Equities filed to raise FAR at 460 Tenth Ave, aiming to turn a parking lot into a roughly 42‑story residential tower with 200+ units and an $11.8M neighborhood contribution.

A Park Avenue NYPD lot will be rebuilt as a 19–20‑story affordable tower with supportive housing and a new Afro‑Latin music center. The project pairs cultural space with deeply affordable homes.

Caitlin Chagan is back at Douglas Elliman as president of its New York development marketing arm, rejoining after a brief stint with startup Redeavor.

Julia Haart sold her 7,808-sq-ft Tribeca penthouse at 70 Vestry for $57M, a top downtown closing. The 13-room duplex includes nearly 3,700 sq ft of terraces.

Kasa's acquisition of Mint House folds nearly 1,000 units — including the landmark 70 Pine — into its portfolio, a shift CEO Roman Pedan called a "maturation moment."

GFP Real Estate plans to convert 40 Exchange Place into 382 apartments, backed by $191.5M in construction financing and historic tax incentives. The project also includes ground-floor retail and a mix of affordable units.

Perplexity has stitched together the fourth floors of 841 and 853 Broadway into a contiguous 22,000-square-foot Union Square office as it expands in New York.

NYC life‑sciences leasing climbed to about 377,000 square feet in 2025, but rents fell and vacancy rose. Brokers say the recovery is uneven despite recent IPOs.

A tower crane has arrived at 70 Hudson Yards as Deloitte’s anchor lease and a new financing package push the all‑electric office tower toward vertical construction.

A think tank says underused CUNY land could host thousands of affordable apartments and raise recurring revenue to help repair campuses and fund student supports.