Competition for high-quality Manhattan office space is increasing as availability tightens. A recent Chelsea bidding war shows why landlords may prioritize tenant credit and lease duration over the highest rental offer.

Queens investment sales reached $2.6 billion in the first half of 2026, up 49% year over year. Development sites and several large transactions—including a major Flushing retail sale—were key drivers of the increase.

McCourt Partners has secured a $120 million initial loan from Bain Capital for its 360 Tenth Avenue development site in Hudson Yards. The transaction offers a useful look at how major real estate projects begin forming their capital structure before construction financing and stabilization.

Two eligible investors in ARCFE Groups 3 and 5 received full $500,000 principal repayments on consecutive days. All Group 5 investor principal repayments are now complete.

Global Holdings has secured $382.4 million in refinancing for 120 Park Avenue, shortly after Bloomberg renewed nearly 496,000 square feet through 2040. The transaction provides a useful example of how long-term tenancy, operating cash flow and capital improvements factor into financing decisions for mature office assets.

New York-based Prospect Ridge has closed its second commercial real estate debt fund with $800 million in capital commitments and roughly $3 billion in total U.S. lending capacity. The strategy offers a useful look at how institutional lenders deploy capital across different positions in the real estate capital stack.

F&T Group has secured a $123 million construction loan from Maxim Capital Group for a retail and office development at 37-01 138th Street in Downtown Flushing. The financing adds another major capital commitment to a district already seeing continued commercial, community and infrastructure investment.

Another eligible investor in iCross × ARCFE Group 6, a pre-RIA EB-5 project, has received a full $500,000 EB-5 principal repayment. The repayment marks another milestone in Group 6’s ongoing repayment process and adds to iCross × ARCFE’s record of completed investor repayments. Another Group 6 Investor Receives Full $500,000 EB-5 Principal Repayment After the applicable repayment conditions under the project documents were met, the investor received the full $500,000 principa

A DHS proposal to eliminate the H-1B 60-day grace period has cleared White House review but is not yet effective. Here is what H-1B families should know.