An investigation finds unpaid fines and modest settlements have left New York City's crackdown on illegal short‑term rentals undercut. Legal wins are real, but the cash collected often isn’t.

A private family office signed a 10‑year lease at 9 West 57th averaging $327.50 per square foot, marking a new Manhattan high for office rent.

Moinian filed plans for a 354-unit tower near the Queensboro Bridge that would require rezoning from heavy commercial to high-density mixed-use in Long Island City.

DOB says it approved plans for a 90‑story underground “earthscraper” to protect skyline views while adding housing.

Excavators have started digging at 280 Bergen Street as crews begin foundations for a multi‑building residential project that will add hundreds of homes to Boerum Hill. The work follows a 2022 rezoning and a $166M construction loan that financed the package.

Aron Stark has filed plans for a roughly 29‑unit building near Union Square, a move that renews scrutiny of his record with tenants and city enforcers.

Permits were filed for a 13-story, 88-unit mixed-use building at 2132 Frederick Douglass Boulevard in Harlem, listing Joseph Development and AKM Architects on the applications.

GDC Properties bought a 30‑unit Carroll Gardens building at 335 Carroll St for about $24.1M, transferring ownership from a Mack family entity and marking a notable Brooklyn multifamily trade.

Agentio signed a five‑year lease for about 20,000 sq ft on the 11th floor of 295 Fifth Ave, adding to a wave of AI tenants taking Manhattan offices.

A two‑building West Village corner that houses Libertine has been sold, shifting ownership of a high‑profile neighborhood storefront.

Affinius Capital closed a $90M refinancing for One Nine Rockwell as the 27-story Fort Greene tower begins leasing and moves toward stabilization.

JPMorgan underwrote a $417M refinance for Extell’s 570 Fifth Avenue assemblage, replacing prior debt and reinforcing plans for an Ikea‑anchored Midtown tower.

From Manhattan’s Pier 94 to giant new campuses in Queens and Brooklyn, New York is adding soundstages as tax credits and demand pull productions back to the city. Developers and studios are racing to lease stage space and hire crews.