Vacancies and concessions are rising across Brooklyn's office market. Landlords are turning to refinancing, prebuilt suites and flex operators to keep space occupied.

New York State mailed 144 buyout notices to Mastic Beach homeowners under the Blue Buffers program; applications are due April 30, 2026. The offers would convert flood-prone lots to protected open space.

Witnick sold a 43-unit Williamsburg building at 525 Union Ave to Ben-Josef Group Holdings for $38M — a quick flip against Witnick’s 2023 purchase.

Rent‑Guidelines Board research shows operating costs for stabilized buildings rose 5.3% in the last year and about 31% over five years, with fuel and insurance driving the jump.

Property‑tax bills rose faster than inflation in 2025, with the average homeowner paying $4,427. See which states were hit hardest and what homeowners can do.

David Werner is in contract to buy the Press Building at 311 West 43rd for just over $40M — roughly one‑third of its 2018 price. The deal deepens the city’s office‑to‑residential conversion trend.

Mariah Carey listed her 12,728-square-foot Tribeca triplex for $27 million as public records show roughly $18.6 million in loans tied to the property.

Scaffolding is rising at 205 Montague as crews prep to demolish the office building ahead of a 47‑story, 672‑foot tower that would reshape Brooklyn Heights.

A Sunnyside building at 50-25 Barnett Ave opened a Housing Connect lottery with studios from $545 and larger units up to $925. Applications are live now.

A 12‑story, 73‑unit project is proposed for 903 Dean Street in Crown Heights, with filings showing 54,137 square feet of new space and a concrete design. Sale records show nearby lots traded in March.

ZG Capital signed about 45,000 square feet of leases at 1450 Broadway, including a 17,300‑sq‑ft marketing agency and a blockchain firm occupying a full floor.

The SEC has subpoenaed at least one former Paramount executive as investigators probe related‑party payments to ex‑CEO Albert Behler amid Rithm’s takeover. Regulators and shareholder lawyers are watching closely.

NYCEDC plans a 140‑unit mixed‑use building at 2453 Second Ave in East Harlem, using tax abatements and developer cross‑subsidy to fund at least 35 affordable homes.