https://www.bisnow.com/rss-feed/new-york Bisnow New York News https://www.rssboard.org/rss-specification en-US Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/office/american-strategic-investment-new-york-city-reit-going-concern-defaults https://www.bisnow.com/news/new-york/office/american-strategic-investment-new-york-city-reit-going-concern-defaults American Strategic Investment Co. is struggling with $249M in debt as asset sales falter, casting doubt on its future. Thu, 20 Aug 2026 16:28:12 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/commercial-real-estate/joseph-chetrit-coma-meyer-chetrit-group-dissolves https://www.bisnow.com/news/new-york/commercial-real-estate/joseph-chetrit-coma-meyer-chetrit-group-dissolves Amid health struggles and financial woes, Joseph and Meyer Chetrit's real estate empire faces dissolution. Wed, 19 Aug 2026 16:04:35 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/deal-sheet/century-21-redevelopment-mcb-truist-deal-sheet https://www.bisnow.com/news/new-york/deal-sheet/century-21-redevelopment-mcb-truist-deal-sheet The $130M Bay Ridge redevelopment has secured two retail anchors Tue, 18 Aug 2026 16:22:25 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/hospitality-entertainment/ballys-debt-going-concern-warning-chicago-bronx-casinos https://www.bisnow.com/news/new-york/hospitality-entertainment/ballys-debt-going-concern-warning-chicago-bronx-casinos Bally's faces liquidity issues, risking its future and impacting expansion plans. Mon, 17 Aug 2026 13:53:12 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/economic-development/long-island-is-starved-for-housing-a-tax-break-fight-is-threatening-new-construction https://www.bisnow.com/news/new-york/economic-development/long-island-is-starved-for-housing-a-tax-break-fight-is-threatening-new-construction Developers have come to rely on IDA subsidies to build housing, but critics have argued they go against what IDAs were created to support. Thu, 13 Aug 2026 15:53:14 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/office/85-tenth-ave-office-headed-for-imminent-default-servicer-commentary-says https://www.bisnow.com/news/new-york/office/85-tenth-ave-office-headed-for-imminent-default-servicer-commentary-says The $625M debt on the Chelsea office building matures in December. Wed, 12 Aug 2026 18:52:43 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/multifamily/pied-a-terre-tax-won-t-deter-buyers-long-term-developers-say https://www.bisnow.com/news/new-york/multifamily/pied-a-terre-tax-won-t-deter-buyers-long-term-developers-say NYC's pied-à-terre tax caused short-term market shifts, but developers say the market will adjust. Tue, 11 Aug 2026 19:26:04 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/deal-sheet/long-island-city-lab-sells-at-loss-ny-deal-sheet https://www.bisnow.com/news/new-york/deal-sheet/long-island-city-lab-sells-at-loss-ny-deal-sheet Longfellow sold the Long Island City building for $6M less than it paid before redeveloping it, plus more of this week's biggest CRE deals in NYC. Tue, 11 Aug 2026 15:59:16 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/hospitality-entertainment/ari-emanuel-atg-broadway-west-end https://www.bisnow.com/news/new-york/hospitality-entertainment/ari-emanuel-atg-broadway-west-end The Hollywood power agent will take over a sizable portfolio of Broadway and West End entertainment properties. Tue, 11 Aug 2026 14:24:38 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/national/coworking/yardi-backed-flex-office-marketplace-launches-in-u-s-as-companies-plan-to-up-attendance https://www.bisnow.com/news/national/coworking/yardi-backed-flex-office-marketplace-launches-in-u-s-as-companies-plan-to-up-attendance Hubble, backed by Yardi, expands in U.S. as demand rises for flexible offices. Mon, 10 Aug 2026 20:50:04 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/office/worldwide-plaza-foreclosure-receivership-sl-green-rxr-extell-cmbs https://www.bisnow.com/news/new-york/office/worldwide-plaza-foreclosure-receivership-sl-green-rxr-extell-cmbs Worldwide Plaza's management has shifted amid financial struggles and foreclosure battles. Mon, 10 Aug 2026 19:58:34 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/office/comcast-consolidates-to-141k-sf-in-times-square-skyscraper https://www.bisnow.com/news/new-york/office/comcast-consolidates-to-141k-sf-in-times-square-skyscraper Comcast consolidates space at Times Square's 1540 Broadway for its ad sales and tech arm. Fri, 07 Aug 2026 15:41:16 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/multifamily/orders-to-vacate-rise-leaving-tenants-without-homes-return-timeline https://www.bisnow.com/news/new-york/multifamily/orders-to-vacate-rise-leaving-tenants-without-homes-return-timeline Orders to vacate are increasing across the board, displacing tenants. Thu, 06 Aug 2026 16:25:41 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/affordable-housing/hud-emergency-housing-vouchers-trump-admin https://www.bisnow.com/news/new-york/affordable-housing/hud-emergency-housing-vouchers-trump-admin Emergency housing vouchers face funding cuts, leaving tenants and landlords uncertain. Wed, 05 Aug 2026 19:03:59 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/deal-sheet/snapchat-parent-snags-penn-2-sublease-vornado-verizon https://www.bisnow.com/news/new-york/deal-sheet/snapchat-parent-snags-penn-2-sublease-vornado-verizon Snap leases 199K SF in Vornado's Penn 2 in this week's NYC deal roundup. Tue, 04 Aug 2026 16:24:19 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/capital-markets/ken-griffin-vornado-near-3-3b-loan-for-park-avenue-tower https://www.bisnow.com/news/new-york/capital-markets/ken-griffin-vornado-near-3-3b-loan-for-park-avenue-tower Citadel also agreed to lease 1M SF in the tower, up from its previously announced 850K SF footprint. Tue, 04 Aug 2026 15:51:13 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/life-sciences/alexandria-real-estate-center-for-life-science-edc-lawsuit https://www.bisnow.com/news/new-york/life-sciences/alexandria-real-estate-center-for-life-science-edc-lawsuit Alexandria's lawsuit against NYCEDC and the city's health systems continues to escalate amid market challenges. Tue, 04 Aug 2026 15:01:06 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/national/adaptive-reuse/conversion-collapse-pfizer-inspections-building-officials https://www.bisnow.com/news/national/adaptive-reuse/conversion-collapse-pfizer-inspections-building-officials Scrutiny heightens as popular office-to-residential conversion projects face safety audits. Mon, 03 Aug 2026 21:44:12 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/office/dispute-resolution-group-takes-top-floors-at-midtown-rudin-tower https://www.bisnow.com/news/new-york/office/dispute-resolution-group-takes-top-floors-at-midtown-rudin-tower The dispute resolution firm is taking 55K SF at 3 Times Square. Mon, 03 Aug 2026 15:27:35 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/affordable-housing/cmbs-investors-face-80m-in-losses-from-3-500-unit-rent-stabilized-portfolio https://www.bisnow.com/news/new-york/affordable-housing/cmbs-investors-face-80m-in-losses-from-3-500-unit-rent-stabilized-portfolio Investors face $80M losses as a 3,500-unit NYC rent-stabilized portfolio struggles. Mon, 03 Aug 2026 14:36:39 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/hospitality-entertainment/empire-state-realty-trust-observation-deck-q2-2026-135638 https://www.bisnow.com/news/new-york/hospitality-entertainment/empire-state-realty-trust-observation-deck-q2-2026-135638 The attraction accounts for 20% of Empire State Realty Trust's NOI. Thu, 30 Jul 2026 15:54:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/multifamily/mamdani-admin-picks-slate-hudson-cos-to-develop-massive-queens-housing-project-135615 https://www.bisnow.com/news/new-york/multifamily/mamdani-admin-picks-slate-hudson-cos-to-develop-massive-queens-housing-project-135615 The project is the latest megadevelopment moving ahead as Mayor Zohran Mamdani pushes to meet an ambitious housing goal. Wed, 29 Jul 2026 16:05:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/office/bxp-closes-12b-construction-loan-for-343-madison-nears-deal-with-equity-partner-135614 https://www.bisnow.com/news/new-york/office/bxp-closes-12b-construction-loan-for-343-madison-nears-deal-with-equity-partner-135614 The office development is 50% preleased, and BXP is in negotiations with additional tenants and investors. Wed, 29 Jul 2026 14:50:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/new-york/retail/mamdani-doubles-funding-to-help-retailers-negotiate-with-landlords-135602 https://www.bisnow.com/news/new-york/retail/mamdani-doubles-funding-to-help-retailers-negotiate-with-landlords-135602 The city is allocating an additional $4M in funding to an initiative helping commercial tenants negotiate leases, bringing the total annual funding to $8M. Tue, 28 Jul 2026 19:31:00 -0400