Gindi Quietly Nabs $55 Million Downtown Brooklyn Office Prize
Gindi Capital bought a six‑story office building and a ground‑floor condo in Downtown Brooklyn for about $55M, adding to its local holdings while investors eye conversion upside.
Hudson Yards Showdown: West Side Hopefuls Demand Do-Over On $2 Billion Deal
Four District 3 candidates told a West Side forum they would ask Mayor Zohran Mamdani to re-examine a PILOT-backed $2 billion financing plan tied to Hudson Yards West.
Flatiron Power Play As Adyen Grabs 90K Square Feet In Winter Office Coup
Adyen signed roughly 90,000 square feet across 111–115 Fifth Avenue while Galvanize took about 20,000 square feet at 111 Fifth. Both deals carry asking rents near $89 per square foot.
Discount Hunter Namdar Snaps Up Midtown’s 250 West 57th In $280M Play
Igal Namdar is in contract to buy 250 West 57th Street for about $280M, a steep discount that highlights opportunistic buying in Midtown’s aging office market. The deal underscores who’s willing to bet on repositioning older office stock.
Gowanus Canal Lottery Jackpot: Dozens of New Apartments Under $1,000 Up for Grabs
A new NYC Housing Connect lottery at 325 Bond Street in Gowanus lists dozens of income-restricted units, with studios from $903 and one‑beds from $961. Applications are on the city portal.
JFK Warehouse War: Rents Blast Past $30 as Cargo Craze Grips Queens
Rents for warehouses next to JFK have topped $30 per square foot as a new cargo hub and a leasing surge tighten local supply. Tenants are being pushed to farther submarkets.
Red Hook Tower Rises, Locals Wonder Who It’s Really for
A 371‑unit project at 498 Columbia is under construction, but neighbors and city records raise questions about whether the homes will serve longtime Red Hook residents. City financing and an indictment tied to the developer have sharpened scrutiny.












