Moonies Cut Midtown Deal To Unload Longtime HQ To Bentley Zhao
The Unification Church has a contract to sell its Midtown headquarters at 4 W. 43rd St. to an affiliate of Bentley Zhao’s New Empire, according to Crain’s. The move could clear the way for redevelopment near the Theater District.
Mortgage Rates Sink To Four-Week Low, But Buyers Still Feel The Squeeze
Freddie Mac’s weekly survey shows the 30‑year fixed rate fell to 6.30% as of April 16, 2026 — a four‑week low that eases some pressure but leaves affordability strained.
Epstein Brother Quietly Shops Hudson Square Site As Developers Circle The Block
Mark Epstein has listed 515 Greenwich Street in Hudson Square, a parcel city planning documents have long flagged for redevelopment. The listing brings a familiar Manhattan owner back into the market.
Levine Bets $4 Billion in Pension Cash on Fixing NYC's Housing Crunch
Comptroller Mark Levine announced a $4 billion initiative to use pension investments to build and preserve housing across all five boroughs. The plan must win trustee sign‑off.
New 31-Story Rental Tower Muscles Into Downtown Brooklyn Skyline
A 31-story tower at 202 Tillary has finished construction, delivering 465 apartments and 120 affordable homes to Downtown Brooklyn. The building includes retail and amenity spaces.
Billionaires’ Row Snags New Power Player As Boehly’s Eldridge Moves In
Todd Boehly’s Eldridge leased roughly 20,000 square feet at 125 West 57th, adding a corporate tenant to Billionaires’ Row’s new office tower. The move underscores demand for amenity‑rich, full‑floor product in Midtown.
Mamdani Pushes City Insurance Lifeline For NYC Rent-Stabilized Buildings
Mamdani’s administration is pitching a city‑backed, privately run insurance program to lower property and liability premiums for subsidized and rent‑stabilized apartments. Officials say the fund could cover tens of thousands of units if the plan scales as designed.
Developer's Bryant Park Play Backfires As Court Hands Condos To Investor
An appellate panel voided an intervenor mortgage and ordered two Bryant Park condos transferred to investor Ying “Vivian” Ding, resolving a long-running ownership fight.












