GFP Real Estate and BDT & MSD Partners have secured approximately 226,500 square feet of new leasing at 1540 Broadway since unveiling a $150 million repositioning of the Midtown Manhattan office tower in January 2026. The leasing activity is led by Comcast Advertising, which signed a long-term lease for approximately 140,000 square feet. Metalmark Capital also signed a 9,314-square-foot lease, while Alight completed a 3,123-square-foot relocation and extension. Earlier activi

First Pioneer Properties and ABS Partners Real Estate have acquired 213-04 Northern Boulevard in Bayside, Queens, for $23.5 million, adding a commercial property with substantial unused development rights to their New York portfolios. According to Commercial Observer, Levy Properties sold the one-story property, which currently contains approximately 24,000 square feet of built space and is occupied by an urgent care medical office and Bebeang Baby Store. What makes the trans

The Domain Companies has secured $175 million in Astoria construction financing from Wells Fargo for a major mixed-income development on 41st Street in Queens. According to Commercial Observer, Wells Fargo is providing the construction debt, while Domain is contributing equity alongside Canyon Partners Real Estate and BLDG Management. JLL Capital Markets arranged the financing transaction. The financing supports a two-building development totaling 429 apartments, including 10

USCIS has established a framework for future mandatory electronic filing, but no forms are immediately affected. Here is what EB-5 families should know and how they can prepare.

For international students and their families, EB-5 may provide a separate path to permanent residence—but student status, visa availability and child-age timing should be reviewed before a deadline approaches.

New York-based Slate Property Group has closed a new Separately Managed Account (SMA) with up to $1 billion of capital dedicated to senior secured real estate lending, with a focus on lower-leverage residential construction and bridge loans. According to New York Real Estate Journal, the new platform will primarily target residential developments in high-growth, transit-oriented East Coast markets. The strategy expands Slate’s existing real estate credit platform by adding an

DHS is reviewing a proposal that could end the H-1B 60-day grace period. Here is what is—and is not—changing for workers and their families.

Terra Developers has completed a $28 million 500 Columbus Avenue acquisition on Manhattan’s Upper West Side, adding a mixed-use property one block from Central Park to its New York portfolio. According to Commercial Observer, longtime owner CKMR Corporation sold the five-story property to Terra Developers. The building contains approximately 35,300 square feet at the northwest corner of West 84th Street and Columbus Avenue. The transaction was financed with a $25 million loan

Invesco Real Estate sees selective New York metro real estate opportunities in markets supported by strong rental demand, limited new supply and assets capable of producing sustainable income. The view was outlined by Chase Bolding, Invesco Real Estate’s Head of North America Real Estate and Chief Investment Officer, in a recent Commercial Observer interview. Invesco Real Estate is described as an approximately $90 billion global real estate platform, while Bolding manages se