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.

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.

A developer paid roughly $10 million for a NoMad restaurant at 36 W. 28th St., a rezoned lot that brokers say is now prized for redevelopment. The sale underscores how Midtown South zoning changes are reshaping small‑site values.

Corporate Suites signed a 13-year lease for two full floors at 16 East 34th Street, taking space in a Murray Hill building that once housed WeWork.

Miki Naftali’s $810M purchase of 800 Fifth Avenue has set off a scramble — tenants are being displaced while brokers compete for an exceptionally thin Upper East Side rental market.

Howden signed a 10-year lease for the full 53rd floor at Durst’s One Five One in Times Square, taking roughly 31,519 square feet. The move highlights demand for upgraded Midtown office product.

RXR CEO Scott Rechler warns that massive AI investment is lifting borrowing costs and squeezing capital for new housing in New York.

The Michael J. Fox Foundation is relocating its New York HQ to 530 Fifth Avenue in Midtown, taking about 69,000 sq ft and downsizing from West 33rd Street.

HPD’s petition cites a $100 Queens stipulation as evidence of tenant harassment, but court papers show the payment arose from a nonpayment case and a later reversal.

Alchemy paid about $57M for a five‑story garage at 56–60 North Moore in Tribeca and plans to add floors and convert it into ultra‑luxury condominiums.

Related CEO Jeff Blau told the TRD Forum New York is still the center of real estate even as the firm pushes into data centers and faces protests over Hudson Yards financing.

A lender has sued to foreclose on the West Village property that houses Casa La Femme at 140 Charles St, raising questions about the restaurant and nearby apartments. Court dockets will determine the next steps.

A duplex penthouse at 16 Fifth Avenue closed for $32.5M, sharply below its $45M ask. The sale highlights pricing pressure at the top of downtown Manhattan's new-condo market.