Hikari Power Z Co. paid $15.2M for a renovated six‑story walk‑up at 246 E. 53rd St. in Midtown East, a deal that follows a roughly $8.1M purchase and upgrades last year.

Maefield’s 20 Times Square loan moved back to special servicing after missing its May maturity, renewing foreclosure and restructuring questions for the landmark site.

Extell paid about $500M for 405–417 Park Ave and acquired Central Synagogue air rights, expanding Gary Barnett’s Midtown assemblage.

Vornado is redeveloping a short stretch of Seventh Avenue into street-level retail as part of its Penn District overhaul, tapping Newmark to handle leasing. Primark’s new Herald Square flagship and heavy transit traffic are helping fuel interest.

The NYC Employees’ Retirement System renewed 35,000 square feet at The Factory in Long Island City, joining other recent leases that show demand for amenity-rich office space.

The Three Arts Club at 340 W. 85th is being rehabbed into 61 permanently affordable senior studios, with 40% set aside for formerly homeless older adults.

A federal lawsuit filed Thursday accuses a Southeast Bridge subcontractor's principals and Lexon Insurance of diverting union funds on a Bronx MTA job.

Flagg Family Capital has listed a renovated SoHo retail condo at 170 Mercer, fully leased to Magda Butrym, asking just under $12M.

Rabsky paid $30M for 267 Broadway, ending years of legal limbo and adding another Manhattan project to its pipeline. The sale clears a long‑running receivership and hands the site to a prolific developer.

J.P. Morgan says about $1 trillion in dry powder is parked in the Northeast; advisers say New York could be a top beneficiary if that cash moves.

Chelsea Piers Fitness has pre‑leased a five‑story, 76,000‑square‑foot club at 250 Water, a major signal that Tavros’ long‑stalled Seaport project is moving forward. The mixed‑use plan calls for roughly 600 apartments with 25% affordable units.

Two Bronx Mitchell‑Lama co‑ops have listings on Housing Connect showing some units priced under $7,000. Here’s what buyers should know about eligibility, fees and applications.

An eight‑story, 77‑unit mixed‑use building has new DOB filings for 1123 Myrtle Avenue in Bed‑Stuy, with demolition permits already in place. The project lists Hamish Whitefield as architect and a local developer as owner.