10Y UST4.79%+0.84%30Y MTG6.66%+0.15%SOFR3.66%-0.54%VNQ$95.78-0.54%XLRE$43.73-0.70%FED FUNDS3.63%
Real Estate Trail
Institutional Press Wire
Markets · NY

New York

The deepest CRE market in the country is bifurcated: trophy office is leasing at record rents while commodity Class B is being marked down or converted. Multifamily remains rent-stabilized and supply-constrained.

State of the Market

New York at a glance

Updated continuously
Tracked items
04
Most active: Office
10Y UST+0.84%
0.00%
30Y MTG+0.15%
0.00%
SOFR−0.54%
0.00%
Analyst’s read

The New York commercial real estate market is navigating a complex landscape characterized by shifting capital flows and evolving sector fundamentals. While demand remains robust in select segments, challenges persist in others, particularly as interest rates exert pressure on financing conditions. Allocators are increasingly discerning, favoring opportunities with resilient cash flows and strong tenant profiles, while lenders adopt a cautious stance, focusing on risk-adjusted returns amid heightened market volatility.

Most active sectors
  • Office10
  • Capital10
  • Multifamily4
  • Retail3
  • Hospitality3
Coverage velocity

Items added to the wire per week · last 12 weeks

Latest activity

Monthly reports — New York

Methodology →

News Wire — New York

Full wire →
Commercial Observer · New York

Seafood Restaurant Crab House Takes 7K SF at 11 East 13th Street

It’s the catch of the day! All-you-can-eat seafood chain Crab House has secured its fourth New York City location at 11 East 13th Street in Manhattan’s Greenwich Village neighborhood, Commercial Observer has learned.…

6h ago
Connect CRE · New York · Multifamily

New York City Sees Nation’s Fastest Multifamily Rent Growth

The Big Apple leads the nation in apartment rent growth, bolstered by high occupancy and limited supply. New York City saw multifamily asking rents rise 5.6% year-over-year in June, the highest growth rate among major…

Sep 1
PR Newswire · New York · Capital

S&P Global Completes Acquisition of datacenterHawk

Enhances S&P Global Energy's global data center, power, and infrastructure intelligence NEW YORK, Sept. 1, 2026 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced the completion of its acquisition of datacenterHa…

Sep 1
PR Newswire · New York · Capital

Consello Opens Brussels Office

NEW YORK, Sept. 1, 2026 /PRNewswire/ -- Consello, the leading global advisory and investing platform, today announced the expansion of its presence in Europe with the opening of a Brussels office. The office will be l…

Sep 1
Commercial Observer · New York · Hospitality

Manga Hotels Pays $50M for Second NYC Hotel Acquisition

The Chelsean New York Hotel has traded hands for $50 million. The Lam Generation , led by Jeffrey Lam , offloaded the 158-key hotel at 158-162 West 25th Street to Manga Hotel Group in what is the second transaction be…

Aug 31
Commercial Observer · New York · Office

Financial Services Firm Aegon Takes 21K SF at 125 West 57th Street

International financial services firm Aegon is moving its office kingdom to New York City. Aegon, which was founded in the Netherlands and specializes in life insurance, pensions and retirement plans, has decided on 1…

Aug 31
Connect CRE · New York · Hospitality

Manhattan Condo Site Changes Hands for $34M

T&E Development has acquired a vacant development site near Manhattan’s Hudson Yards for $33.5 million. PPHE Hotel Group sold the 9,875-square-foot lot, 538-542 West 29th Street, with Colliers’ New York Capital Market…

Aug 31