Gov. Hochul announced a $9.96M state package to help Clay take 163,095 square feet at 11 Madison, creating 498 jobs and backing $50M in R&D. The deal pairs a major Flatiron lease with performance‑based tax credits.

Scott Gottlieb closed 58 leases totaling about 2.3 million square feet in 2025, including Universal Music’s move to PENN 2, UN consolidations and an Invesco extension.

RXR is stepping in with about $500M to recapitalize 55 Broad, backing a major conversion bet in Manhattan’s Financial District. The investment is a test of demand for stabilized office-to-resi projects.

The Community Church of New York paid nearly $15M for about 20,500 sq ft of Chelsea condo space, giving the congregation a notable Manhattan footprint. The property had been a Stickley showroom.

Rosen Partners’ chairman has filed a $40M suit alleging a January fuel‑oil spill from a neighboring condo contaminated soil at his Upper East Side townhouse.

Delshah paid $76M for 34 Berry Street, a 142‑unit Williamsburg rental, signaling the firm's return to buying in New York. The purchase was brokered by JLL and financed through Ares.

Northwell is budgeting roughly $15 million to expand the post‑anesthesia care unit at Glen Cove Hospital, a move aimed at easing OR backups and boosting recovery capacity. The project appears in recent system planning documents.

A New York diagnostics startup leased the final lab suite at Innolabs (45‑18 Court Square), joining NYU Langone and completing the Long Island City roster. The move signals growing demand for purpose‑built lab space in Queens.

Audacy has shifted its corporate headquarters to New York after decades in Philadelphia and is subleasing a significant portion of its Center City office. Company leaders say local studios will continue to operate.

SK Development filed plans for a 13‑story mixed‑use tower at 122 East 11th Street, reviving debates about scale and preservation on the East Village block. Local records show the developer active across nearby sites.

Olmstead and Vertex have leased more than 67,000 square feet at 373 and 381 Park Ave. South, with The Corcoran Group and AI firm Stuut among the new tenants.

J.P. Morgan provided a $765M balance‑sheet loan to refinance Rabsky Group’s 1,102‑unit DoBro tower at 625 Fulton Street, replacing earlier construction debt. The move stabilizes the project’s capital stack.

Sotheby’s Nikki Field is taking over sales at Five Points’ skinny NoMad tower at 262 Fifth Avenue. Private showings begin in May and initial prices start in the millions.