Park Ridge HQ Stares Down Midtown Foreclosure Showdown
A foreclosure complaint targets Park Ridge International’s Midtown HQ at 40 West 37th Street, court papers show. The filing adds to mounting distress in Manhattan’s office debt market.
NYC's Pied-à-Terre 'Crash Pad' Tax Heads For July 9 Showdown
DOF will hold a remote hearing at 11 a.m. on July 9 to take comment on rules for the new pied‑à‑terre surcharge. The notice explains how to register to speak, submit written comments and what the draft rules would mean for co‑ops, condos and single‑family homes.
AI Upstart Rogo Bulks Up Midtown HQ, Promises 400 New Jobs
Rogo will expand its Manhattan headquarters and create more than 400 jobs, backed by up to $6.5M in state tax credits and a recent $160M funding round. The move deepens the city’s AI-for-finance cluster.
City Gives Green Light to 71-Story Giant Over Old Wellington Hotel
The city approved a nearly 120,000-square-foot bonus allowing Extell to build a 71‑story tower at 871 Seventh Ave in exchange for promised accessibility upgrades at the 50th Street subway station. The deal has split neighbors and the community board.
Upper East Side Billionaires Torched Over ‘Communism for Landlords’ Housing Crusade
A profile put Bobby and Carola Jain’s donations and properties in the spotlight, reigniting debate over donor influence on housing policy in Manhattan. Critics say the couple’s wealth undercuts their advocacy.
Cash Buyer Nabs Upper East Side Townhouse In Lightning-Fast $18.5 Million Deal
A reworked limestone Upper East Side townhouse went in contract about three weeks after listing at $18.5M, following a gut renovation and lavish outdoor spaces.
Sotheby’s Boss Claims Manhattan’s Priciest Pads Are A Bargain
Sotheby’s CEO Philip White told CNBC Manhattan’s luxury market is “undervalued,” saying shifting buyer demand and Sotheby’s mid‑year outlook make parts of the city look like an opportunity.
City Teacher Pensions Lock Down 50th Floor At 55 Water As FiDi Heats Up
The NYC Board of Education Retirement System signed a 78,000-sf lease at 55 Water Street, consolidating onto the 50th floor and locking in a 30-year presence in FiDi. The move adds to a recent string of large deals at the tower.












