YOUR SPACE NEW YORK MARKET INTELLIGENCE
Local insights and the latest real estate developments across Manhattan, Brooklyn, Queens & Long Island.
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Recent verified stories specifically about Manhattan.
What changed: Permits were filed for a 13-story building at 5073 Broadway, near the 215th Street 1-train station. The proposed 55,752-square-foot project includes 51,859 residential square feet, 3,893 commercial square feet and 74 residences averaging approximately 700 square feet, which suggests a rental program.
Read this storyWhat changed: The announced wind-down of Weil, Gotshal & Manges puts the future of approximately 447,000 square feet across 11 floors at the General Motors Building, 767 Fifth Avenue, in question. The law firm’s lease reportedly runs through 2034, so the space is not automatically available and could be surrendered, transferred, subleased, or resolved through a restructuring…
Read this storyWhat changed: New renderings were released for 228 West 29th Street, a planned 28-story residential building with 99 residences and ground-floor retail. The BEAM Architects design includes setbacks and landscaped terraces on a site between Seventh and Eighth Avenues, near the 28th Street subway station and Penn Station.
Read this storyWhat changed: New-building permits were filed for a nine-story, 135-foot mixed-use building at 1 Walker Street. The proposal totals 24,403 square feet, including 24,350 residential square feet and just 53 commercial square feet. Its five residences would average about 4,870 square feet, strongly suggesting an ultra-luxury condominium project. Demolition permits for the existing three-story building were filed…
Read this storyWhat changed: Namdar Realty Group purchased the leasehold interest in the 11-story office and retail building at 71 Fifth Avenue for $62 million. The seller, a Madison Capital and Lubert-Adler Partners joint venture, had marketed the interest since 2021, when market sources suggested it might command as much as $150 million.
Read this storyWhat changed: Fintech firm Ramp signed a long-term expansion for another 175,000 square feet at 28-40 West 23rd Street. Its total footprint now reaches 460,300 square feet across floors six through 12, following a 153,300-square-foot expansion in March.
Read this storyWhat changed: Merchants Bank put 19 West 55th Street on the market after taking the property through a July foreclosure sale. The vacant nine-story, roughly 39,000-square-foot building is being marketed by CBRE with an expected price in the low-$20 million range.
Read this storyWhat changed: New renderings show AmTrustRE’s planned modernization of the 570,000-square-foot office tower at 260 Madison Avenue. The work includes a new double-height entrance and lobby, refreshed common areas, a roughly 7,000-square-foot tenant amenity center and nearly 12,000 square feet of ground-floor retail. AmTrustRE acquired the property in December 2025 for a reported $211 million and said…
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