By NY Post | Steve Cuozzo | 3/30/2025 2:02 PM

The real estate industry, and especially the commercial sector, remains the main driver of the New York City economy, according to data to be released on Monday by the Real Estate Board of New York. The trade organization reported that real estate-related tax revenue (RERT) increased to a record high $37 billion in 2024 and is... ... Read full Story

By NY Post | Steve Cuozzo | 3/30/2025 1:40 PM

Many large office tenants have their eyes on new digs — some of which would give them less space than their current locations as corporate  consolidation remains  a significant market factor. Sources said that French creative agency Havas, now at 200 Hudson St., is downsizing and is on the prowl for new digs elsewhere. Newmark... ... Read full Story

By NY Post | Realtor.com | 3/30/2025 10:18 AM

Home sales prices continued to increase through the first month of the new year, with one major metro market in the Northeast boasting the biggest annual gain. ... Read full Story

By New York YIMBY | Michael Young | 3/30/2025 8:01 AM

Renovation work is underway on 1605 Broadway, a 46-story hotel tower in Times Square, Manhattan. The 480-foot-tall building originally opened in 1989 as the Holiday Inn Crown Plaza Manhattan and most recently operated as the 800-room Crowne Plaza Times Square before closing at the end of 2024. The building has since sat vacant with only the retail tenants left operating on the ground floor. The property is planned to reopen later this year as the Hyatt Regency Times Square with 795 guest rooms and 159 enclosed parking spots. Argent Ventures under the Times Square JV, LLC  is listed as the owner of the development, which is located between West 48th and 49th Streets. ... Read full Story

By New York YIMBY | Michael Young and Matt Pruznick | 3/30/2025 7:31 AM

Construction has yet to commence at 257 Bond Street, the site of a proposed 22-story residential tower in Gowanus, Brooklyn. Designed by Ismael Leyva Architects and developed by Midwood Investment & Development, the 225-foot-tall structure will span 241,789 square feet and yield 270 rental units with an average scope of 836 square feet. The development will also include 16,022 square feet of commercial space and 54 enclosed parking spaces. The property is alternately addressed as 192 Douglass Street and is bound by Douglass Street to the north, DeGraw Street to the south, and Bond Street to the west. ... Read full Story

By New York YIMBY | Max Gillespie | 3/30/2025 7:01 AM

Strategic advisory firm Geller & Co. has signed a new lease at 99 Park Avenue, a 26-story office tower owned and managed by Global Holdings in Midtown, Manhattan. Following the launch of a $30 million capital improvement program, the firm will relocate its New York headquarters from 909 Third Avenue to occupy 45,290 square feet across part of the ninth and tenth floors. ... Read full Story

By New York YIMBY | Vanessa Londono | 3/30/2025 6:31 AM

Permits have been filed for a six-story residential building at 1600 Lexington Avenue on Manhattan's Upper East Side. Located between East 101st Street and East 102nd Street, the lot is one block south of the 103rd Street subway station, served by the 6 train. Peter Park is listed as the owner behind the applications. ... Read full Story

By NY Post | Andrew Court | 3/29/2025 5:47 PM

The "Friends" alum, 56, forked out $14.8 million for the property in the star-studded enclave. ... Read full Story

By New York YIMBY | Michael Young and Matt Pruznick | 3/29/2025 8:01 AM

Construction is nearing completion on 45-02 Queens Boulevard, an eight-story residential building in Sunnyside, Queens. Designed by My Architect PC and developed by Ampiera Group, the 83-foot-tall structure spans 57,771 square feet and will yield 63 rental units with an average scope of 781 square feet. The development will also feature 8,532 square feet of commercial space, 25 enclosed parking spaces, a cellar level, and a 47-foot-long rear yard. Thirteen of the residential units will be designated as affordable housing. The property is located on a 13,035-square-foot parcel at the corner of Queens Boulevard and 45th Street. ... Read full Story

By New York YIMBY | Max Gillespie | 3/29/2025 7:31 AM

Mayor Eric Adams and Department of Social Services (DSS) Commissioner Molly Wasow Park recently celebrated the opening of a new affordable housing development at 4180 Carpenter Avenue in Wakefield, The Bronx. Designed by Marin Architects and developed by RYTY Home Builders, the 64-unit building is the first created through the city’s Affordable Housing Services (AHS) initiative to prioritize women-led households. It supports residents with CityFHEPS vouchers and aims to provide long-term affordable housing for households transitioning out of the shelter system. ... Read full Story

By New York YIMBY | Vanessa Londono | 3/29/2025 7:01 AM

The affordable housing lottery has launched for Society Brooklyn at DeGraw, a 21-story residential building at 500 Degraw Street in Gowanus, Brooklyn. Designed by SLCE and developed by PMG & Carlyle, the structure yields 344 residences. Available on NYC Housing Connect are 88 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $33,086 to $167,700. ... Read full Story

By New York YIMBY | Vanessa Londono | 3/29/2025 6:30 AM

Permits have been filed for an eight-story mixed-use building at 2602 Pitkin Avenue in East New York, Brooklyn. Located between 75th Street and 76th Street, the lot is one block north of the Freeman Street subway station, serviced by the 2 and 5 trains. Ralph Fasano of Concern for Independent Living is listed as the owner behind the applications. ... Read full Story

By NY Post | Mary K. Jacob | 3/28/2025 4:22 PM

Atarque Ranch has been a cherished retreat for the Yates family since 1978. ... Read full Story

By NY Post | Mary K. Jacob | 3/28/2025 3:04 PM

This narrow, tree-lined street, long a haven for the rich, has transformed into Miami-Dade County’s priciest enclave. ... Read full Story

By NY Post | Emily Davis | 3/28/2025 12:31 PM

O'Donnell is not only parting ways with the Sterling Plaza penthouse, but also with the entire country amid a move to Ireland. ... Read full Story

By NY Post | Realtor.com | 3/28/2025 12:23 PM

The housing market in California is flashing a key warning signal that could lead to a slowdown in home price growth or even falling prices in some markets. ... Read full Story

By NY Post | Valerie Kellogg | 3/28/2025 11:28 AM

The Bar House is raising the bar in East Hampton’s real estate market. ... Read full Story

By New York YIMBY | Michael Young and Matt Pruznick | 3/28/2025 8:00 AM

Structural construction is closing in on completion on 43-09 52nd Street, a nine-story residential building in Woodside, Queens. Designed by T.F. Cusanelli & Filletti Architecture for Ivan Turkalj of Kordun Construction Corp., the 90-foot-tall structure will span 24,547 square feet and yield 33 rental units with an average scope of 743 square feet. The development will also include a cellar level, and a 30-foot-long rear yard. The property is located between Roosevelt Avenue and Queens Boulevard. ... Read full Story

By New York YIMBY | Max Gillespie | 3/28/2025 7:31 AM

The Emerging Leaders Program Bx (ELP), a South Bronx-based nonprofit focused on professional development for local youth, has opened its first dedicated education space at 2402 Third Avenue in Mott Haven, The Bronx. Located on the ground floor of Lincoln at Bankside, the new center was unveiled in partnership with Brookfield Properties. Its ribbon cutting also marked the launch of ELP’s spring 2025 internship cohort and included participation from New York State Acting Supreme Court Justice Cynthia Isales and key corporate and education partners. ... Read full Story

By New York YIMBY | Vanessa Londono | 3/28/2025 7:00 AM

The affordable housing lottery has launched for 63-68 Austin Street, a nine-story mixed-use building in Rego Park, Queens. Designed by Angelo Ng & Anthony Ng Architects Studio and developed by Yin Chou Hu of AAA General Construction Corp., the structure yields 78 residences. Available on NYC Housing Connect are 24 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $69,086 to $181,740. ... Read full Story