New York

Residential

Jack Welch’s widow buys $24M Park Avenue penthouse

Blackstone’s Wesley LePatner; Eli Puretz; Zohran Mamdani; Boruch Drillman

Commercial

Here are NYC’s top real estate stories of 2025

78 Greene Street and Wharton Properties’ Jeff Sutton

Jeff Sutton leases entire Soho retail, resi property

Rendering of 116 Beach 36th Street, Urban Investment Group at Goldman Sachs Alternatives chair Asahi Pompey and L+M Development Partners managing director Sara Levenson

Development

L+M led venture scores $278M debt for resilient housing in Far Rockaway

Teddy Volkswagen owner Ted Bessen with 67,000 square feet on 37th Street and Northern Boulevard in Long Island City

Volkswagen vrooms into 2026 with Long Island City flagship

(bottom) Hunts Point Produce Market; (top) rendering of the proposed all-electric Hunts Point Produce Market; (middle) Eric Adams, urora Contractors CEO Anthony Vero, Primus Builders CEO Rich O’Connell and Zohran Mamdani

Hunts Point Produce Market in line for $635M rebuild

NYC’s top deals: Suzy Welch buys Lenox Hill triplex for $24M

Walker & Dunlop's Willy Walker and Fannie Mae's Peter Akwaboah

Walker & Dunlop reports $100M exposure to mortgage fraud

Vornado never reported any fraud to SEC, says former exec charged with fraud

229 West 28th Street and Lexin Capital’s Metin Negrin

Lexin planning 270-unit conversion in Chelsea

101 Greenwich Street; Quantum Pacific’s Idan Ofer

Idan Ofer, Nathan Berman pursue 101 Greenwich conversion

Welcome to NY, the land of free stuff

NYC’s top deals: Lenox Hill condo trades for $11.8 million

Douglas Elliman’s Nadia Bartolucci with 839 President Street and Corcoran’s Ellen Gottlieb with 409 Sackett Street

Brooklyn luxury market notches busiest Christmas week in years 

Avdoo founder Shlomi Avdoo and 68 King Street

Avdoo pays $63M for Hudson Square development site  

First Deputy Mayor Randy Mastro and Pennrose's Timothy Henkel with 22 Suffolk Street and Elizabeth Street Gardens

Elizabeth Street bargain: Adams administration offers developers alternative site if they drop lawsuit against city 

Summit Properties USA CEO Tomer Pomerantz

Summit makes $450M offer for Joel Wiener’s bankrupt buildings

Nest Seekers’ Tamir Shemesh & Patty Lehan with 65 West 13th Street

Manhattan’s luxury market thrived in 2025

Jeff Sutton and Oved & Oved's Terrence Oved and Darren Oved with 27-29 West 34th Street

Jeff Sutton fires back against lender over Herald Square foreclosure

Douglas Elliman’s Lauren Muss and Serhant’s Peter Zaitzeff with 1045 Madison Avenue