Train Boss Leaves Penn Station Back Door Open For Developers
Andy Byford’s openness to off‑site development in Amtrak’s Penn Station procurement has watchdogs warning of tax giveaways and hidden rider costs as the agency moves toward a May developer pick.
Brooklyn Developer Muscles Into FiDi, Doubles Office Space at 17 State Street
BFC Partners is moving its Manhattan office to 17 State Street, taking about 14,000 sq ft and doubling its local office footprint as the developer scales up projects across the city.
Zeta-Jones, Douglas Put Hudson River Palace on the Market in Irvington
Catherine Zeta‑Jones and Michael Douglas have listed Longmeadow, an 11,600‑sq‑ft Georgian on 12 acres in Irvington. The listing highlights river frontage, a 100‑ft terrace and a 'fully immersive' lower level.
Gowanus Lot Gutted as 264 Butler Fades Amid Rezoning Wave
Crews have cleared most of the parcel at 264 Butler Street in Gowanus after Goose Property Management's 2025 purchase. The site abuts a 172 Third Avenue lot that expands the developer's footprint.
NY Real Estate Shark Gary Barnett Makes $30 Million Old City Power Play
Extell Development paid about $30 million for the century‑old 436 Walnut building in Old City. Historic protections and tax incentives will shape whether it becomes housing, a hotel or updated offices.
Tribeca Loft Prize Snapped Up In $32 Million White Street Deal
Slate and Avenue paid about $32M for 45 White Street, adding another cast‑iron conversion to their Tribeca holdings. The seven‑story building pairs retail space with loft-style rentals.
Pearl Realty Snags Long Island City Office Block For Cut-Rate $28M
Pearl Realty paid $28M for Long Island City’s Paragon building, more than half below its 2023 price. The sale highlights opportunistic buying in the outer‑borough office market.
Bank Hapoalim Pours $88M Into Midtown East Office-to-Rental Overhaul
BHI provided an $88M recapitalization loan to Quantum Pacific Realty and Metro Loft for 845 Third Ave as owners press ahead with an office‑to‑residential conversion. The move adds fresh institutional debt to a Midtown East conversion pipeline.
Rats, Ruin and a Broken Deal: Inwood Tenants Drag Landlord Back to Bankruptcy Court
After a 2025 settlement tenants say went unfulfilled, residents at a Manhattan Pinnacle building have asked a bankruptcy judge to order repairs. The move escalates pressure on the new buyer's repair pledges.
Texas Judge Torpedoes Federal Rule On Secret Cash Home Buys
A Texas federal judge has blocked a Treasury rule that would require title and settlement agents to report the beneficial owners behind all‑cash real estate purchases.












