A technical change to 421‑a tucked into the state’s first budget bill could alter Two Trees’ River Ring financing, shifting the fate of hundreds of apartments and a new waterfront park. Albany’s final language will determine whether the tweak actually moves the project forward.

A new DOB filing shows plans to replace the former McDonald’s at Broadway and Thomas with a 21‑story tower that could bring about 50 apartments to Tribeca.

A roughly $20M offer aims to buy Manhattan Country School’s Upper West Side campus, potentially deciding whether the building stays in education.

Roughly $97.8M in financing will remake the shuttered Lincoln Correctional Facility into 105 affordable co‑op homes with community space and energy‑efficient design.

The Shirley Aninias School signed a 23,000‑sq‑ft lease at 30 Wall Street, more than tripling its space and creating a two‑floor downtown campus with life‑skills facilities.

Off-market sales jumped across New York City in 2025, with Brooklyn posting $5.4B and Queens logging nearly 5,400 quiet deals.

City planners launched a "South of Prospect" survey to study rezoning McDonald and Coney Island avenues for taller housing and transit‑oriented development. The outreach will precede a draft zoning plan next year.

Naftali Group and Access Real Estate closed a $374M refinance on Phase I of Williamsburg Wharf. Barings replaces Bank OZK and leasing at the rental buildings is running hot.

BSA adopted rules to speed approvals for certain HPD‑backed affordable projects, and Sen. Erik Bottcher introduced a $250M fund that would pay municipalities per new unit.

A 14‑story, 99‑unit tower permit has been filed at 122 Bruckner Boulevard in Mott Haven. The filing is part of a three‑building plan that could bring nearly 300 apartments to the block.

Crews have begun site work in Greenpoint on the Liberty’s $80M, player‑designed practice facility, a 75,000‑sq‑ft center with courts, suites and community space.

The USTA is marketing roughly $400M in private debt to help finish Arthur Ashe Stadium’s multi‑year overhaul. The move could shift who pays for — and controls — upgrades in Queens.

The mortgage on Coach’s Fifth Avenue flagship was moved to special servicing amid default fears, putting pressure on one of Midtown’s highest-profile retail corners. Lenders and owners now face fast-moving decisions.