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Manhattan Office Leasing Poised for Strongest Year Since 2000
SL Green, Mori Team Up on New Midtown Office Tower
New York’s AI Reckoning Hits the Office Market
NYC Targets Housing Bottlenecks With Sweeping Development Reforms
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

Manhattan Office Leasing Poised for Strongest Year Since 2000
Manhattan Office Leasing Poised for Strongest Year Since 2000

Leasing activity surged 17% in May, pushing Manhattan’s office market toward its strongest annual performance since 2000.

THE TAKEAWAY

SL Green, Mori Team Up on New Midtown Office Tower
SL Green, Mori Team Up on New Midtown Office Tower

The race for trophy office space continues: SL Green and Mori unveil plans for a new Grand Central-adjacent tower.

THE TAKEAWAY

New York’s AI Reckoning Hits the Office Market
New York’s AI Reckoning Hits the Office Market

NYC’s comptroller warns AI could reshape jobs, tax revenues, and office demand, even as AI firms become some of the market’s biggest tenants.

THE TAKEAWAY

NYC Targets Housing Bottlenecks With Sweeping Development Reforms
NYC Targets Housing Bottlenecks With Sweeping Development Reforms

The city’s new SPEED initiative aims to fast-track affordable housing by streamlining approvals and lease-ups.

THE TAKEAWAY

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