Manhattan median market-rate rent climbed to $5,125 in May as vacancies tightened to about 1.57 percent; Brooklyn also set a record at $4,347.

Newmark placed $280M to finance a 14-property Long Island portfolio as owners push conversions to medical office across Lake Success, Jericho and Melville.

Cadent signed more than 50,000 sq ft at 2 Park Avenue as Haddad Brands repositions the Midtown South tower amid rising Manhattan leasing activity.

The final penthouse at One High Line has gone into contract at about $26.6M, moving the towers closer to a full sellout. The deal comes as developers finish financing and closings.

A $290M loan on the Standard Oil Building moved to special servicing as occupancy and cash flow slid, complicating the Chetrits’ fight with creditors and prosecutors.

Mayflower Terrace's sales waitlist reopened with studios from $11,000; here's who qualifies and how to apply.

A new nine‑story, 105‑unit senior building opened in Highbridge with on‑site services and an Enhanced Care pilot for older adults.

Two prototype sidewalk sheds are on display outside DOB headquarters, part of a push to replace decades‑old green scaffolding with brighter, narrower designs.

Tribeca’s Nish Nush has shut its Reade Street outpost as DOB filings for a new mid‑rise proceed. Permits, history and what neighbors are saying are detailed.

LPC approved revised plans for a 420‑foot mixed‑use tower at 188 Duffield Street that preserves the landmarked Duffield Street Houses while trimming the tower's massing.

Albany reauthorized J‑51 for a decade with higher caps and new filing rules. Co‑op and condo boards should check eligibility, fees and project dates now.

Visible progress at 30-25 Queens Boulevard: a 46-story, 525-foot tower in Long Island City has begun rising above street level and will deliver 561 units and retail.

Freedom Village opened in Alphabet City with 74 deeply affordable, fully accessible apartments for survivors and older adults. The $54M project includes on-site services and a rooftop garden.