Aaron Elstein

Gov. Kathy Hochul's Manhattan office is moving to 919 Third Ave., a tower co-owned by a New York state pension fund, after negotiating a substantial reduction in rent.

The re-election of a New York real estate executive to the White House bodes well for New York real estate in general and in particular for Newmark Group CEO Barry Gosin, according to a Wall Street analyst.

Queens Center in Elmhurst is one of the nation's best-performing malls, Fitch Ratings says. In the year ending last March its stores reaped more than $425 million in sales, or $1,739 per square foot.

The Adams administration is working with the Real Estate Board of New York on a plan to bring down the cost of demolishing obsolete office towers.

As office buildings go, 1 Park Ave. has a lot going for it. The Beaux Arts tower is in good condition, anchored by a high-quality tenant with

A 1970s Financial District office building converted into apartments is at risk of defaulting when its $265 million mortgage comes due this month.

The Helmsley Building has shed 40% of its value in the last three years, according to a new appraisal of the landmarked tower at 230 Park Ave.

Midtown-based landlord Vici Properties' credit rating was raised to investment grade this week, a move that could give the Yonkers racetrack a leg up in its quest for a casino license.

When the City Council gave its stamp of approval to finally redevelop Willets Point, Mayor Eric Adams held a press conference to tout getting stuff done for a Queens neighborhood defined by its junkyards.

Even though a New York developer was re-elected to the White House, a second Trump administration “may not be good” for the real estate sector, JPMorgan said in a note today.