Industrial leasing activity in New York recorded a notable pickup at the start of 2026, offering early evidence that tenant demand may be firming after a prolonged slowdown.
Newmark appointed Eric Brown as its head of project management for the Americas. The company said Brown will lead its project management services across the United States, Canada and Latin America, as Newmark seeks to expand its occupier services practice.
New York’s industrial sector is continuing its gradual reset in 2026, as rising vacancy signals a market still working through the aftereffects of its post‑pandemic build-out.
Five housing projects across New York received multimillion-dollar infusions of cash from state officials who said the upcoming developments will increase affordable housing stock across the Empire State.
The Stamford, Connecticut, multifamily market is seeing the gap between the average rent for four- and five-star apartments and the average monthly mortgage payment continue to widen. The widening gap highlights the affordability challenge of buying a home, especially for first-time homebuyers, driving demand toward apartment rentals.
The New Haven, Connecticut, multifamily market is seeing the gap between the average rent for four- and five-star apartments and the average monthly mortgage payment continue to widen. The widening gap highlights the affordability challenge of buying a home, especially for first-time homebuyers, driving demand toward apartment rentals.
Construction has begun on a new apartment building in New York City that's set to feature 292 affordable housing units, with some slated for disabled veterans and formerly homeless people.
Even as New Yorkers have continued to move elsewhere, the city’s apartment market has relied on a steady influx of residents from abroad to support renter demand.
The Westchester Institute for Human Development spent years operating from a space in Valhalla, New York, that it had long outgrown, but that changed in September 2025.
Saks Global has reversed its decision to close three stores in areas with high concentrations of luxury shoppers, part of two dozen planned Saks Fifth Avenue and Neiman Marcus shutdowns, after discussions with mall landlord Simon Property Group.
The New Haven, Connecticut, apartment market experienced sustained negative rent growth at the end of 2025, with five consecutive months of declining asking rents. Analyzing a longer time horizon shows that rent growth, which is typically lower in the late summer and autumn, has been declining progressively in recent years.
Hedge fund giant Point72, founded by New York Mets billionaire owner Steve Cohen, is expanding its Manhattan footprint in the Hudson Yards neighborhood.