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

New York

Politics

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

Avdoo founder Shlomi Avdoo and 68 King Street

Development

Avdoo pays $63M for Hudson Square development site  

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

Residential

Brooklyn luxury market notches busiest Christmas week in years 

Commercial

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

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

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

Apartment at Naftali’s 1045 Madison rents for $95K

Peconic Land Trust president John v.H. Halsey and Governor Kathy Hochul with Broad Cove Preserve in Aquebogue

Tri-State

Resort plan dead as Broad Cove Preserve gets permanent protection

Clockwise from top left: Steve Cohen with a rendering of Metropolitan Park; Vornado Realty Trust’s Steven Roth, Rudin Management's Bill Rudin and Citadel’s Ken Griffin wiht renderings of 350 Park; TF Cornerstone's Tom Elghanayan with the current site at 45 West Street in Brooklyn; Vistria Group’s Maragaret Anadu, Alloy CEO Jared Della Valle and One Third Avenue

Biggest proposed projects of 2025 include casino, jails 

Any tenant who pays rent “should have his head examined”

NYC’s top deals: Flatiron co-op trades between attorneys for $4M

Shelter Island estate targets local record with $18M ask

BXP dangles $25M bonus to CEO

236 Gold Street in Brooklyn and BridgeCity Capital CEO Louis Lebovits

Joel Schwartz snags $72M loan for DoBro project

Vornado Realty Trust’s Steven Roth with 220 Central Park South in Manhattan NYC