Industry News

A surge in multifamily starts is encouraging, but softening permits and project delays suggest headwinds remain.

With grocery sales up nearly 16% YoY and vacancy at a low 3.5%, grocers like Sprouts, Trader Joe’s, and Erewhon are still expanding.

In a rare post-pandemic blockbuster, RXR is under contract to buy the Plaza District trophy tower for nearly $1.1 billion.

Cooper Union has listed the iconic Chrysler Building for the first time in nearly a decade, partnering with Savills to seek a new buyer while retaining ownership of the land.

Set to open in 2027, the venue will become one of Live Nation’s largest indoor locations and aims to bring major touring acts downtown.