Manhattan median market-rate rent climbed to $5,125 in May as vacancies tightened to about 1.57 percent; Brooklyn also set a record at $4,347.

Cadent signed more than 50,000 sq ft at 2 Park Avenue as Haddad Brands repositions the Midtown South tower amid rising Manhattan leasing activity.

The final penthouse at One High Line has gone into contract at about $26.6M, moving the towers closer to a full sellout. The deal comes as developers finish financing and closings.

A $290M loan on the Standard Oil Building moved to special servicing as occupancy and cash flow slid, complicating the Chetrits’ fight with creditors and prosecutors.

Two prototype sidewalk sheds are on display outside DOB headquarters, part of a push to replace decades‑old green scaffolding with brighter, narrower designs.

Tribeca’s Nish Nush has shut its Reade Street outpost as DOB filings for a new mid‑rise proceed. Permits, history and what neighbors are saying are detailed.

Freedom Village opened in Alphabet City with 74 deeply affordable, fully accessible apartments for survivors and older adults. The $54M project includes on-site services and a rooftop garden.

A Manhattan condo board has sued a longtime resident and former SNL band member, asking a judge to force the sale of his unit after an alleged rampage that left neighbors afraid. The filing seeks a permanent injunction and damages.

A West Village retail block at 403 Sixth Avenue sold for $41 million, putting a cluster of storefronts — from Chipotle to local shops — under new ownership.

Owner Charles Hanson has sued his landlord, alleging federal trademark filings and a plan to reopen a copycat under the 169 Bar name. The suit asks a judge to block any transfer of the brand while the case proceeds.

A longtime Bryant Park newsstand has been quietly reworked into a compact grab‑and‑go cafe, a small experiment that could be copied across Midtown.

Shareholders say Village View's board quietly marketed Parking Lot 7, a 110‑space lot, and drew developer bids in the mid‑$30M range — prompting a 400‑signature transparency petition.

A developer gave WeWork a steep rent cut to keep the operator at 450–460 Park Avenue South, underscoring landlords’ preference for occupied floors over empty space.