Swedish AI Upstart Snags Trophy Manhattan Floor In Office Space Shakeup
Swedish legal‑AI firm Legora has leased a full floor at an SL Green Manhattan tower as AI startups continue to gobble prime office space. The deal follows a large funding round and rapid U.S. expansion.
Developers Courted To Bring Governors Island’s Ghost Theater Back To Life
The Trust for Governors Island has invited developers to propose reuse plans for two restored landmark buildings, including the Fort Jay theater. Proposals must balance preservation with new cultural or educational uses.
Brooklyn Power Landlord Trips Over $38 Million Mortgage Tab
A Brooklyn apartment developer and his wife have fallen behind on a $38M mortgage, highlighting growing strain in New York real estate lending. Lenders may move to special servicing or seek workouts.
SoHo Tower Showdown: 20-Story Affordable Plan Shakes Up Canal Street
A proposed all‑affordable supportive-housing project at 257-259 Canal St. would create 88 studio apartments and reserve 54 for youth who aged out of foster care. The plan, shown to Community Board 2, has already drawn preservation concerns.
Abandoned Queens Airfield To Sprout 3,000 Homes In $3.2 Billion Marsh Makeover
An 80‑acre stretch in College Point is slated to become about 3,000 homes and nearly 60 acres of parkland under a $3.2B plan that promises union jobs and sparks environmental concerns.
NYC’s Big Building Shakeup: New Code Targets Every Aging Walk-Up
New York’s Department of Buildings announced a first‑ever Existing Building Code to simplify renovations and preservation citywide, with the EBC taking effect July 17, 2027.












