Elected officials and community representatives met June 15 to review demolition and early‑works plans at the former Manhattan Detention Complex, pressing the city for clearer timelines and stronger monitoring.

Westchester County launched a $25M Housing Flex Fund II to close financing gaps and speed construction of affordable homes countywide.

Delshah Capital paid $85.3M for two mixed‑use buildings on Grand Street in Williamsburg, adding market‑rate units, retail and parking to its Brooklyn portfolio.

A longtime Nostrand Avenue grocery site is now The Arcadian — a 328‑unit building with 99 designated affordable apartments and a promised supermarket. The project blends new housing, retail and community amenities.

Kohlberg signed for the entire ninth floor at 500 Park Avenue, bringing the Plaza District tower to full occupancy and underscoring renewed demand on Park Avenue.

Hawkins Way Capital paid about $80M for the Stratford Residence Hall at 117 West 70th and signed a long leaseback with AMDA as it plans amenity upgrades. The deal continues the firm’s student-housing push in New York.

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.