Marex Dumps Grand Central Digs For Nearly 40K Square Feet On Lexington Ave
Marex is relocating its NYC offices to Rudin’s 560 Lexington, taking nearly 40,000 sq ft and opening up a large sublease block at Two Grand Central. The deal underscores demand for upgraded Midtown space.
Flatiron AI Upstart Clay Snags Nearly $10 Million In Hochul Tax Credits
Gov. Hochul announced a $9.96M state package to help Clay take 163,095 square feet at 11 Madison, creating 498 jobs and backing $50M in R&D. The deal pairs a major Flatiron lease with performance‑based tax credits.
Manhattan Power Broker Closes 2.3 Million Square Feet in Office Deal Blitz
Scott Gottlieb closed 58 leases totaling about 2.3 million square feet in 2025, including Universal Music’s move to PENN 2, UN consolidations and an Invesco extension.
FiDi Tower Scores $500M Lifeline As RXR Bets On 55 Broad Makeover
RXR is stepping in with about $500M to recapitalize 55 Broad, backing a major conversion bet in Manhattan’s Financial District. The investment is a test of demand for stabilized office-to-resi projects.
Downtown Flock Snaps Up $15 Million Chelsea Condo Spread
The Community Church of New York paid nearly $15M for about 20,500 sq ft of Chelsea condo space, giving the congregation a notable Manhattan footprint. The property had been a Stickley showroom.
Upper East Side Oil Spill Showdown: Jack Rosen Slaps Neighboring Condo Board With $40 Million Suit
Rosen Partners’ chairman has filed a $40M suit alleging a January fuel‑oil spill from a neighboring condo contaminated soil at his Upper East Side townhouse.
Delshah Drops $76M On Williamsburg’s 34 Berry In Big Comeback Bet
Delshah paid $76M for 34 Berry Street, a 142‑unit Williamsburg rental, signaling the firm's return to buying in New York. The purchase was brokered by JLL and financed through Ares.
Northwell to Drop $15M on Glen Cove Hospital's Surgery Wake Up Unit
Northwell is budgeting roughly $15 million to expand the post‑anesthesia care unit at Glen Cove Hospital, a move aimed at easing OR backups and boosting recovery capacity. The project appears in recent system planning documents.
Last Lab Standing: Rover Diagnostics Grabs Innolabs' Final LIC Slot
A New York diagnostics startup leased the final lab suite at Innolabs (45‑18 Court Square), joining NYU Langone and completing the Long Island City roster. The move signals growing demand for purpose‑built lab space in Queens.












