A duplex penthouse at 16 Fifth Avenue closed for $32.5M, sharply below its $45M ask. The sale highlights pricing pressure at the top of downtown Manhattan's new-condo market.

Industrious will open a 28,000-sf coworking on the 6th and 7th floors of 875 Third Ave this summer, expanding its Midtown footprint and joining new retail.

MLS opened a 126,000-square-foot global headquarters at Penn 2 in Midtown, consolidating match-day operations, studios and event space ahead of the 2026 World Cup.

RXR and Korman Communities refinanced Hamilton Green with a $269M loan after a rapid lease‑up of the 477‑unit project, freeing the firm to refocus on Manhattan plans.

Mayor Zohran Mamdani said he held a press conference announcing tenant protections; details were limited but the move follows earlier enforcement and city hearings.

A Midtown East lottery lists dozens of Manhattan units under $1,200 with on‑site services and resident amenities, according to the official listing and local coverage.

Wrey at 222 Broadway has begun leasing with 788 units and five floors of amenities, from a rooftop pool to a screening room.

Office leasing and apartment demand remain firm in New York, but March labor weakness suggests job losses could undercut the market's resilience.

Lenders have filed foreclosure suits against four East Village rental buildings, including 441 E. 12th St., raising questions about tenant protections and management. Residents and advocates say the court process could take months.

Brooklyn logged a record week: 37 luxury contracts totaling about $156 million. Townhouses and a Cobble Hill condo project powered the spike.

Bawabeh filed to rezone East Flatbush for a nine‑building, 1.2M‑sq‑ft project that would deliver 972 units and trigger hundreds of mandatory-affordable apartments.

A handful of multimillion-dollar house sales pushed Malba’s Q1 median to $2.5M, making the tiny Queens enclave the fifth priciest neighborhood in NYC.

Global Net Lease will acquire Modiv Industrial in an all‑stock $535M merger, adding a 42‑property industrial portfolio and a Raleigh precast plant.