A long-vacant Central Park Avenue property has been converted into a five-story CubeSmart facility, reopening a once-empty block with climate-controlled storage. City officials attended the ribbon-cutting.

Community Board 6 unanimously opposed Phipps Houses’ West Farms rezoning, citing management worries and infrastructure strain as the project enters city review.

A Veterans United study finds more than 58,000 VA loans went unused in 2024, leaving roughly $27.9 billion in potential home‑loan volume — concentrated in pricey metros.

Ventas has purchased The Bristal at Westbury and will invest about $1.2M in upgrades while keeping management and a 20% affordable unit set‑aside. Officials say the tax benefits transfer will remain in place.

Fitch assigned AAAsf to the senior notes of NYC Trust 2026‑9W57, backing a $1.8B loan on 9 West 57th; the refi refinances debt and is set to return roughly $516M to Soloviev Group.

Under construction near the High Bridge, the Highbridge project has already generated about $23 million for the Bronx economy. Developers say the work is creating jobs, local contracts and low‑carbon amenities.

Sotheby’s Concierge Auctions has moved to confirm an arbitration award after a winning $5M bid collapsed — the auction house says the sellers owe a roughly $600K kill fee plus costs.

An entire 64th‑floor at 432 Park Avenue is on the market for $90M — an 8,038‑sq‑ft full‑floor with 16‑ft ceilings, Savant smart home features and heavy carrying costs. The sale arrives amid ongoing building litigation.

A rezoning pitch would replace most of the Carmelite monastery at 341 Highland with a nine‑story, 345‑unit building — neighbors have started a petition and legal hurdles remain.

GFP Real Estate signed three leases at 630 Ninth Avenue totaling more than 24,000 square feet, anchored by Ambassador Theatre Group’s 19,380-sf expansion. CRC Media and PKSB Architects also renewed or relocated within the Film Center Building.

Brooklyn's luxury market recorded 32 contracts and roughly $97 million in signed deals last week, with Park Slope and Boerum Hill leading the charge. Days on market hit their lowest point this year.

SL Green sold a 49% stake in its planned 346 Madison tower to Mori Building, creating a Japanese–New York joint venture for the Grand Central–area development.

Lee & Associates NYC will manage roughly 25 storefronts and 50,000+ sq ft at Seward Park Cooperative, signaling a concerted push to modernize the Lower East Side co‑op’s retail mix.