Alchemy paid about $57M for a five‑story garage at 56–60 North Moore in Tribeca and plans to add floors and convert it into ultra‑luxury condominiums.

A corner property at 120 Court Street sold for $30M; filings show a 14‑story, 75‑unit building and Walgreens is set to vacate this summer.

Starwood's $265M CMBS loan on 22 hotels has been moved to special servicing as cash flow and occupancy lag underwriting. Noteholders are weighing modification or asset‑sale options.

A renovated Cobble Hill brownstone at 205 Clinton Street is under contract after a $5M price cut, positioning it to be one of Brooklyn's biggest sales this year.

Related CEO Jeff Blau told the TRD Forum New York is still the center of real estate even as the firm pushes into data centers and faces protests over Hudson Yards financing.

A lender has sued to foreclose on the West Village property that houses Casa La Femme at 140 Charles St, raising questions about the restaurant and nearby apartments. Court dockets will determine the next steps.

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.