Worldwide Plaza, With $1.2B In Troubled Debt, To Be Auctioned Off
A troubled Midtown office tower is scheduled to hit the auction block next year, another reminder that Manhattan’s…
The N.Y. Deal Sheet (November 4, 2025)
Debt tied to a 49-building Manhattan portfolio owned by Croman Real Estate has been sold. Flagstar Bank, which…
NYC Landlords Up AI Use To Placate Needy Renters, Reduce Staff
As more landlords and property managers are integrating artificial intelligence into their operations, they found two major benefits — more…
Pension Funds Take The Off-Ramp From Office Landlord Status
Historically, retirement funds have been major owners of New York City’s office buildings. Out of them would flow stable, predictable…