Ken Griffin exercised an option to acquire a majority stake in the JV redeveloping 350 Park Ave., positioning Citadel as the anchor for a 62‑story office tower. Vornado and Rudin face a July decision on whether to stay in the venture or sell the site.

Median Manhattan rent hit $4,695 in January as would‑be buyers delay purchases and listings stay tight across the borough. Competition and scarce supply are keeping rents high.

DOJ documents reveal brokers dangled billionaire names to win a showing at Jeffrey Epstein’s Upper East Side townhouse.

More than 100 Bronx buildings were added to the city's Alternative Enforcement Program round, joining 250 properties flagged for severe housing‑code violations. The move puts hundreds of local units under closer enforcement.

Vornado says it leased about 3.7 million square feet in Manhattan in 2025, led by PENN 2 and a planned redevelopment at 623 Fifth Ave.

Zumper's neighborhood data names Parkchester the cheapest NYC neighborhood, with a median near $1,800 and big annual savings for renters who look beyond Manhattan.

Palantir is scouting large Manhattan office blocks as it looks to grow its New York footprint. The hunt could push up demand for the city's best office buildings.

Upper West Side church's property deal with Rockefeller and Atlas group to include mixed-income housing and retail, preserving the church and adding community space.

NY Attorney General Letitia James is suing the Kenney apartment complex owners in Newburgh for deplorable living conditions, requiring repairs and restitution for tenants.

NYC introduces new single-room shelters for the homeless during a winter crisis, as part of Mayor Mamdani and DSS's efforts to provide safe, private spaces and enhance citywide support.

NYC's Local Law 86 mandates landlords to post rent stabilization notices in English and Spanish, enhancing transparency and tenant awareness, effective January 26, 2026.

NYC borough presidents gain new power over housing decisions, influencing the city's affordable housing strategies.

NYC law mandates landlords provide AC units upon tenant request, with full enforcement by 2030, aiming to reduce heat-related deaths. Costs may be passed to tenants.