CRE Daily New York

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ESRT Sells 250 West 57th Street at $70M Discount to Namdar Realty

Apr 8, 2026

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7 min read

ESRT Sells 250 West 57th Street at $70M Discount to Namdar Realty

Empire State Realty Trust has found a buyer for 250 West 57th Street, and the name attached to the deal says a lot about where Midtown office pricing stands right now.

Nina Dale

RXR’s $1.1B Bet Signals Turning Point for NYC Offices

Apr 1, 2026

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5 min read

RXR’s $1.1B Bet Signals Turning Point for NYC Offices

A $1.1B Manhattan deal is doing more than making headlines, it’s resetting the office market.

Nina Dale

NYC Office Conversions Poised to Double After Record 2025

Mar 25, 2026

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6 min read

NYC Office Conversions Poised to Double After Record 2025

Nearly 10M SF of office space could become housing as Manhattan’s pipeline expands.

Nina Dale

Manhattan Inventory Slide Extends Record Streak as NYC Rents Climb

Mar 18, 2026

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6 min read

Manhattan Inventory Slide Extends Record Streak as NYC Rents Climb

Manhattan rental supply has declined for 24 straight months, tightening the market and keeping upward pressure on rents.

Nina Dale

Manhattan Office Leasing Plunges 40% Amid Lack of Big Deals

Mar 11, 2026

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6 min read

Manhattan Office Leasing Plunges 40% Amid Lack of Big Deals

Leasing volume fell to 2.23M SF in February as large office deals slowed sharply.

Nina Dale

New York’s Insurance Spike Is Squeezing CRE Deals

Mar 4, 2026

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5 min read

New York’s Insurance Spike Is Squeezing CRE Deals

Insurance is becoming one of the biggest variables in New York deal math.

Nina Dale