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 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.

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.

Saadia Group acquired a roughly 694,000‑SF office campus at 30 Knightsbridge Road in Piscataway; market data pegs the deal near $56.5M while county records show a June 21 deed filing.

A Sutton Place penthouse once offered at $45M has been relisted at $19M — but brokers say that price may still be ambitious.

Gilbane, Strada and CUCS closed financing for a 228-unit Bronx tower that pairs affordable apartments with supportive services and Passive House goals.

Majestic at 540 Degraw has topped out, bringing 255 apartments — 25% affordable — plus retail and LEED ambitions to Gowanus.

New Empire’s nine‑story condo at 747 Flatbush has closed a $75M construction loan, clearing the way for work on a busy Flatbush corridor.

A 21-story condo at 260 East 72nd Street topped out this week, adding mid‑50s units and retail to the Upper East Side.

Bingo Wholesale closed on a $50M site at 18 Warsoff Place in Bedford‑Stuyvesant, giving central Brooklyn a potential new kosher superstore closer to Crown Heights. Permits and a timeline are still pending.

Planning documents filed in Greenwich would demolish the nearly 20,000-square-foot house once owned by Donald and Ivana Trump and replace it with a new main house and sports amenities.

A two-building development at 50–55 Paseo Place in Park Slope has finished construction, adding 180 rental units, a Lidl supermarket and new retail along a landscaped paseo.

An agreement between BPCA and Related will preserve 81 affordable units at Tribeca Park, add 20 more, and extend income protections through 2069. The move ties affordability to the building’s ground lease.