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The office building at 254 W. 35th St. in Manhattan's Garment District has been slated for a conversion to self storage
News

Cayre Equities Flips Garment District Building For $10M Gain

... , according to Avison Young.  UPDATE, FEB. 6, 11:05 A.M. ET: This story has been updated to reflect that an ...

Feb 05, 2026
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Brookfield Properties' 225 Liberty St., where ownership scored a new CMBS loan this week after it put more than $1.7M of its own cash equity into the deal.
News

Brookfield Puts Up $173M To Refinance Brookfield Place Tower

... Fifth Ave. last year. UPDATE, FEB. 5, 2:45 P.M. ET: This story has been updated to include a statement ...

Feb 04, 2026
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A Flagstar Bank in Manhattan
News

Flagstar Returns To Profitability After Shedding Billions In Multifamily, CRE Loans

... some of that outflow.” CORRECTION, JAN. 30, 3:25 P.M. ET: A previous version of this story referred to Flagstar ...

Jan 30, 2026
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Massive Development Poised To Bring 2,000 Apartments To Bed-Stuy
News

Massive Development Poised To Bring 2,000 Apartments To Bed-Stuy

... of bedrooms and bathrooms, with no temporary relocation necessary, L+M Managing Director Elaine Braithwaite said in a statement. “The ... form of landscaped yards, recreational space and pedestrian walkways.  L+M acquired the site in 2023 via a $28M, 99- ...

Jan 22, 2026
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Billionaire's Row from Central Park
News

NYC Multifamily Sales Drop As Market Weighs Mamdani Impacts

... we had meetings where New York families — I'm talking about ones who have owned here for ... decades — who are like, ‘I'm pulling the rip cord’? Yes,” Avison Young Head ... what? I think it's time. I'm not prepared to wait another five years.’” Appetite ...

Jan 13, 2026
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What Mamdani’s Election Means For NYC Commercial Real Estate
News

What Mamdani’s Election Means For NYC Commercial Real Estate

... be able to take advantage of statewide programs like 467-m, which adopted the Affordable Housing from Commercial Conversions Tax Incentive ...

Jan 12, 2026
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Mayor Zohran Mamdani tours a Pinnacle-owned apartment in Brooklyn on his first day in office
News

Summit Properties Wins Auction For 5,200-Unit Rent-Stabilized Portfolio

... $826M, nearly double Summit’s bid.  UPDATE, 9:20 P.M. ET: This story has been updated to include a statement ...

Jan 09, 2026
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70 Hudson Yards
News

Related, Oxford Score $1.6B Construction Loan For Deloitte's Hudson Yards HQ

... acquired last year for $160M. UPDATE, JAN. 6, 4 P.M. ET: This story has been updated with information about the ...

Jan 05, 2026
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Summit Properties Agrees To Buy 5,000 NYC Apartment Units Out Of Bankruptcy For $451M
News

Summit Properties Agrees To Buy 5,000 NYC Apartment Units Out Of Bankruptcy For $451M

... the units in March. UPDATE, JAN. 4, 9:20 P.M. ET: This story has been updated to include planned action ...

Dec 30, 2025
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The InterContinental New York Times Square hotel at 300 W. 44th St.
News

InterContinental Times Square Sells For $230M: The N.Y. Deal Sheet

... known as Delancey Street Associates — a partnership of L+M Development Partners, Taconic Partners, BFC Partners, Prusik Group ... represented the landlord. CORRECTION, DEC. 19, 2 P.M. ET: This story previously contained an error regarding Landau Properties ...

Dec 16, 2025
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