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NYC Launches Program to Preserve Aging Supportive Housing
Rezonings Fuel New York’s Biggest Housing Push in Decades
Trophy Helmsley Building Hits the Market Amid Loan Stress
Manhattan Office Leasing Poised for Strongest Year Since 2000
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

NYC Launches Program to Preserve Aging Supportive Housing
NYC Launches Program to Preserve Aging Supportive Housing

New financing tools and tax incentives will help preserve thousands of supportive housing units across the city.

THE TAKEAWAY

Rezonings Fuel New York’s Biggest Housing Push in Decades
Rezonings Fuel New York’s Biggest Housing Push in Decades

Record apartment deliveries are helping ease supply pressures, but experts say the city still needs much more housing.

THE TAKEAWAY

Trophy Helmsley Building Hits the Market Amid Loan Stress
Trophy Helmsley Building Hits the Market Amid Loan Stress

RXR puts the Helmsley Building on the market as debt pressure builds and Park Avenue rents hit record highs.

THE TAKEAWAY

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

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