BEST & FINAL

In today’s episode of Best & Final, we take stock of New York City’s real estate market at mid-year. From nearly a thousand new building permits and Manhattan’s office market rebound to the surge in office-to-residential conversions, major investment deals, and the policy fight shaping future development — this is the momentum driving 2025’s home stretch.

Developers LMXD and Domain are reshaping Brooklyn’s waterfront with a billion-dollar vision, delivering over 1,000 new rentals and a major public park. Alloy pushes the limits of sustainable design with the world’s tallest Passive House, while Manhattan sees key acquisitions and campus sales, Penn Station and citywide greenways gain momentum, and real estate power plays spill directly into New Yor...

Vornado Realty Trust is reshaping Midtown with a $218 million acquisition at 623 Fifth Avenue while also locking in fresh financing in Greenwich Village. In this 100th episode of Best & Final, we also track the final stages of two major Manhattan developments — One Times Square and JPMorgan Chase’s new supertall HQ — alongside a series of sales, refinancings, and defaults that show both streng...

In today’s Best & Final, Amazon makes another major move in Midtown, expanding to control most of 1440 Broadway, while Hudson Yards sees an office tower sell at a steep discount. We cover the city’s latest development and conversion projects — from storage in the Garment District to new condos in Midtown East and Cobble Hill — and examine NYCHA’s push for private partnerships. Plus, we break d...

New York City moves forward with its largest tunneling contract ever as the Second Avenue Subway heads into Phase 2, extending the Q line to 125th Street. Today’s episode also covers new developments in Harlem and the Financial District, high-profile sales in Chelsea, SoHo, and Greenwich Village, major refinancing activity, and the mounting challenges facing office owners and distressed portfolios...

Brooklyn is leading New York City’s summer surge with a 25% jump in investment sales, while Manhattan sees billion-dollar trades, policy shifts, and mounting office distress. In today’s Best & Final, Jordan Shea covers Brooklyn’s multifamily momentum, the Greenpoint Landing expansion, RXR’s $1 billion Madison Avenue buy, CUNY’s strategic student housing acquisition, and the latest on Billionai...

Billion-dollar refinances, bold acquisitions, and a Queens rezoning that could deliver 12,000 new homes — today’s Best & Final covers the moves reshaping New York’s market. Jordan Shea breaks down the deals, the developments, and the looming Local Law 97 deadlines that could cost owners hundreds of millions. For more insight, head to JordanShea.com or contact Jordan Shea.

On this episode of Best & Final, NYC commits $400 million to reimagine Fifth Avenue from Bryant Park to Central Park — doubling sidewalks, adding landscaped seating, and narrowing traffic lanes to create a pedestrian-first experience. We’ll break down the public and private investments driving the avenue’s transformation, along with key leasing wins, capital market moves, and new development m...

In today’s Best & Final episode, “Clarkson Street Gets A Facelift,” Jordan Shea breaks down the city’s $164 million plan to transform the West Village’s Clarkson Street corridor into a recreation, cultural, and fitness hub — and explores how it fits into a broader wave of New York real estate activity. From the expansion of sustainable mass timber construction and Midtown South’s historic rezo...

On today's Best & Final, join host Jordan Shea as we explore New York City's evolving real estate landscape, from the Flatiron Building's transformation into luxury residences and new housing developments across the boroughs, to the mounting pressures on landlords and the dramatic security upgrades in commercial properties. We also dissect the political and economic headwinds shaping the marke...

On today's Best & Final, join host Jordan Shea as we uncover the forces shaping New York real estate, from a monumental 3,000-unit housing plan in Queens wetlands and sizzling luxury sales in the Hamptons, to the resurgence of Manhattan's office market. We'll also delve into significant commercial property debt woes affecting Midtown and examine the political battles quietly impeding new housi...

Discover the pulse of New York City real estate with Best & Final, your essential guide to the market's latest shifts. This episode dives into Midtown's booming office sector, featuring multi-million-dollar refinancings and new developments, alongside record-setting residential prices and ambitious housing expansions across the boroughs. From policy battles over broker fees and casino proposal...

Step into the dynamic world of New York real estate with Best & Final. In this episode, host Jordan Shea uncovers the dual narratives shaping the city: from ambitious new developments and multi-million dollar refinancing deals to the stark realities of financial distress, high-stakes legal battles, and a tragic incident that's redefining office security. Tune in for fresh project updates, shif...

Discover how New York City's real estate is booming, from the grand reopening of the Waldorf Astoria to luxury developments transforming Brooklyn and Tribeca. This episode of Best & Final dives into major transactions, shifting market trends like Brooklyn's "townhouse era," and the infrastructure bets shaping the city's future, while also addressing challenges such as rising ground leases and...

Step into the pulse of New York City's real estate market with Best & Final! Join host Jordan Shea as we uncover a landscape of dramatic contrasts, from lucrative residential sales and ambitious development projects fueled by new tax abatements to the stark realities of foreclosures and shifting lender strategies. Discover who's making bold moves, who's facing financial strain, and what it all...

Discover how New York City's real estate landscape is being revolutionized in "Best & Final." Host Jordan Shea delves into Manhattan's massive conversion wave, transforming everything from historic offices and self-storage facilities to hotels into modern residences and dynamic new spaces. Learn about the strategic repositioning, major transactions, and key players betting big on this unpreced...

Today on Best & Final, host Jordan Shea dives into New York City's real estate landscape, exploring the intense competition for casino licenses, the challenges faced by major developers amidst legal battles and stalled projects, and the evolving dynamics of the affordable housing market, all while highlighting the crucial role of financing and investment strategies shaping the city's future. F...

Today's Best & Final with Jordan Shea offers a real-time deep dive into NYC's dynamic real estate market. This episode uncovers the mounting financial stress in parts of the office sector, contrasted with the surprising strength and evolution seen in luxury assets, hotel performance, and adaptive reuse projects. Get fresh insights from new leasing and sales data, major development and conversi...

Today's Best & Final with Jordan Shea offers a deep dive into New York City's dynamic property market. The episode explores the contrasting trends of bold new developments, like Extell's ambitious Midtown supertalls, alongside escalating office foreclosures and ongoing legal battles over broker fees. Discover how the Hamptons residential market is thriving amidst these shifts, and get the full...

On today's episode of Best & Final, Jordan Shea covers everything from Extell's ambitious new supertall designs and the surge in Manhattan's median rents to distressed office loans, the return of international buyers, and even a high-profile yacht seizure. Discover how market forces are reshaping the city's landscape, and why staying ahead requires personalized insights. For more insights, con...

Tune into today's Best & Final with Jordan Shea for an in-depth look at the dynamic forces reshaping New York City's real estate market. This episode unpacks significant shifts in capital, talent, and strategy, from high-value acquisitions and distress sales to innovative adaptive reuse projects and intense brokerage rivalries. Discover how foreign investment is surging, new luxury development...

This episode of Best & Final highlights a dynamic New York City real estate market, with luxury buyers returning and developers forging ahead on major commercial projects like 70 Hudson Yards, set to be the city's first zero-carbon emission high-rise, and the transformation of 383 Madison Avenue. The residential sector is also active with new construction, including the 70-story Casoni, and si...

On today's Best & Final, host Jordan Shea breaks down the Rent Guidelines Board's contentious vote, revealing how its decision will impact both tenants and landlords and ignite political tensions ahead of the November mayoral race. Plus, dive into Manhattan's booming office market, explore major development projects reshaping Queens and Hudson Yards, and get an inside look at the financing cha...

Today's Best & Final with Jordan Shea offers a comprehensive dive into New York City's real estate market, spanning from the record-breaking sales on Billionaires' Row to significant public-private investments in affordable housing. This episode explores major development and rezoning proposals across the boroughs, including how the intense competition for new casino licenses is driving housin...

A political earthquake has reshaped New York City's commercial real estate landscape with Assemblyman Zohran Mamdani's surprising mayoral primary victory, prompting the industry to recalibrate its strategies amid talks of rent freezes and tax hikes. This episode of Best & Final unpacks the immediate market reactions, significant refinancing deals like the 5 Times Square conversion, and the MTA...