10Y UST4.69%+0.86%30Y MTG6.65%-0.30%SOFR3.65%+0.55%VNQ$98.91+0.42%XLRE$45.26+0.40%FED FUNDS3.63%
Real Estate Trail
Institutional Press Wire
Market report · August 2026

New York Commercial Real Estate Report, August 2026

Every figure below is computed from the 198 headlines Real Estate Trail’s wire tagged to New York from Aug 1 through the end of August 2026 (America/New York), each linked to its source. Nothing here is estimated or modelled.

Editor’s note

New York carried the deepest coverage of any market on the wire this month, and office narrowly led the tagged headlines, with capital markets just behind and multifamily and retail following. Sales announcements were the most common transaction type, with leases next and financings and development milestones behind them, and Manhattan leasing produced a steady stream of tenant-signing items. Commercial Observer supplied the largest share of the coverage, with PR Newswire, Connect CRE and REBusiness Online making up most of the remainder and HousingWire contributing on the lending side. A large share of the month’s items carried no sector tag, which is typical of brokerage-hire and firm-news headlines rather than a gap in deal reporting.

Real Estate Trail Editorial

Coverage by sector

SectorItemsShare
Untagged7035%
Office3819%
Capital2814%
Multifamily2312%
Retail2010%
Hospitality74%
Industrial63%
Mixed Use42%
Land21%

128 of 198 items carry a sector tag (65%). Tags are inferred from the headline by regex, first match wins.

Deal-type mix

TypeItemsShare
Sale2814%
Financing3116%
Lease2513%
Development126%
Other transaction00%
No transaction cue10252%

Classified from headline cues only. A headline with no transaction cue is counted, not dropped.

Disclosed-price sales

18 priced headlines · 17 distinct deals
ValueHeadlineOutletDate
$450.0MNational Resources Sells New York-Area Mixed-Asset Portfolio for $450M
Also reported by REBusiness Online
Commercial ObserverAug 19
$312.2MGreenberg Traurig Advises SL Green on $312.2M Sale of Midtown Manhattan Office PropertyPR NewswireAug 18
$312.0MNewmark Arranges $312M Sale of Plaza District Office TowerConnect CREAug 7
$88.0MPinnacle Group Sells Rights to Upper West Side Apartment Tower for $88MCommercial ObserverAug 18
$87.0MLongfellow Sells Hatch Life Sciences Building in LIC for $87MCommercial ObserverAug 7
$41.5MTredway Buys Brooklyn Affordable Housing Property for $41.5M, Plans RenovationsREBusiness OnlineAug 7
$34.0MT&E Development Buys West Chelsea Site for $34M From PPHE Hotel GroupCommercial ObserverAug 20
$28.0MMixed-Use Upper West Side Building Sells to Terra Developers for $28MCommercial ObserverAug 3
$26.0MTerreno Realty Acquires Red Hook Warehouse for $26MCommercial ObserverAug 17
$24.0MFirst Pioneer Properties Buys Queens Retail Center for $24MCommercial ObserverAug 14
$23.5MMarcus & Millichap Brokers $23.5M Sale of Brooklyn Apartment BuildingREBusiness OnlineAug 20
$20.0MNalcorp, Clipper Equity Buy Coney Island Oceanfront Development Site for $20MCommercial ObserverAug 14
$15.7MAriel Property Advisors Arranges $15.7M Sale of Multifamily Development Site in BrooklynREBusiness OnlineAug 3
$13.5MUnited Properties Corp. Buys Shopping Center in Horseheads, New York for $13.5MREBusiness OnlineAug 18
$9.5MMarcus & Millichap Brokers $9.5M Sale of Northern New Jersey Retail BuildingREBusiness OnlineAug 19
$8.6MTerraCRG Negotiates $8.6M Sale of Brooklyn Retail BuildingREBusiness OnlineAug 18
$7.3MMarcus & Millichap Brokers $7.3M Sale of Manhattan Mixed-Use BuildingsREBusiness OnlineAug 17

Largest by square footage

Outlets

OutletItemsShare
Commercial Observer6432%
Connect CRE3819%
PR Newswire3618%
REBusiness Online3417%
HousingWire116%
CoStar21%
Crain's New York Business21%
CRE Daily21%
Hospitality Net21%
The Business Journals21%
CommercialSearch11%
Propmodo11%
Shopping Center Business11%
The Real Deal11%
Yahoo Finance11%

Outlet names are canonicalized so syndicated and regional editions of one publisher count together.

Firms mentioned

A mention is a headline that names the firm, whatever its role in the deal. It is not a transaction count and does not imply a broker, lender or buyer relationship.

FirmHeadlines
Marcus & Millichap4
Newmark3
JLL2
CBRE1
Colliers1
Cushman & Wakefield1
Methodology

Each table is produced by one named query in src/lib/figures.ts: the reporting threshold by marketMonthGate, coverage by sector by marketMonthSectorCounts, deal-type mix by marketMonthDealTypeMix, disclosed-price sales by marketMonthPricedSales, square footage by marketMonthLargestBySqft, outlets by marketMonthOutletShare and firm mentions by marketMonthFirmMentions. The month window comes from monthBoundsUtc, America/New York.

Excluded from the priced tables: headlines that state more than one distinct money figure, non-USD amounts, per-unit or per-square-foot prices, rows suppressed by the relevance gate, and duplicate reports of the same deal (same market, value within one percent, published within a week), which are folded into one row with the other outlets listed beneath it.

Excluded from every table on this page: 19 headlines the wire’s tagger assigned to this market whose headline names a different state, market or city (the tagger reads the story excerpt, so a firm’s home city can mis-tag a deal elsewhere). The rule is hasLocationConflict in the same file, applied before counting.

No figure on this page is produced by a language model. The editor’s note, where present, is written by a person and contains no numbers. Summed deal volume, per-firm deal credit, market share, cap rates and price-per-square-foot medians are deliberately not published: the corpus is a sample of what named outlets chose to report, not the market. Sources and methodology.