Pfizer Incident or Not, New York Still Has a Lot of Office Conversions Left to Go – Commercial Observer
For a few days last week, two buckling steel columns at the Pfizer Building became the biggest real…
New York City’s 485-x vs. 467-m: Two Very Different Development Incentives – Commercial Observer
For decades, the comic strip “Goofus and Gallant” has taught generations of children lessons on how to act,…
The Housing Policy Gap That the Mamdani Administration Must Address – Commercial Observer
The passage of the City of Yes for Housing Opportunity legislation in December 2024 marked a generational overhaul…
Record New York Apartment Rents? Blame Policymakers, Not Landlords. – Commercial Observer
New York City’s market-rate apartment rents are reaching levels that would have seemed unimaginable just a few years…
485x’s Wage Triggers Are Choking Large-Scale NYC Housing – Commercial Observer
For decades, New York City has relied on tax incentives to produce rental housing. Without them, the math…
Gowanus Becomes Brooklyn’s Biggest Development Story – Commercial Observer
The area of Brooklyn around the Gowanus Canal was long known as a visceral representation of all that…
James Whelan, the Real Estate Board of New York’s President, Talks Mamdani and More – Commercial Observer
While any mayor of New York will have an almost immeasurable number of challenges to face from day…
Lexin Capital Sells Financial District Development Site for $53M – Commercial Observer
“The lights are much brighter there, you can forget all your troubles, forget all your cares…,” Petula Clark…
New York City Multifamily Deal Activity Will Soon Spike — Even If Mamdani Wins – Commercial Observer
If you’ve been doing deals in New York long enough, you know how the city works: After every…