【NYC Real Estate】New York's Top Developers Unfazed by Trade Wars: Rankings
- ARCFE U.S.
- 10 hours ago
- 2 min read
New York's leading developers pressed forward in 2025, filing plans for 19 million square feet of new projects among the city's 20 most active firms — a clear signal that confidence in the market remains strong despite ongoing trade policy headwinds.
Related Companies led the pack, propelled by its massive 70 Hudson Yards office project — a 1.35 million-square-foot, 72-story tower that ranks as the nation's largest ground-up office development since the pandemic began. The firm also filed plans for 881 affordable apartments at the Willets Point project in Queens, part of a broader development slated to bring roughly 2,500 affordable units to the neighborhood.
Brooklyn and Queens dominated the multifamily pipeline. Charney Companies placed second with more than 1.4 million square feet of active projects, driven by major Gowanus developments. Frequent partner Tavros Capital ranked close behind with more than 1.28 million square feet. The two firms also forged ahead with a joint-venture 600-unit condo project in Long Island City's Court Square neighborhood.
Manhattan's office market provided additional tailwinds, with leasing volume surpassing 42 million square feet in 2025 — the highest level since 2019. Trophy towers continued to outperform, with Class A space accounting for 74% of all leasing activity in Q4.
"New York is extremely resilient. The office market is at an all-time peak," said Related CEO Jeff Blau. "Companies want to be here."
Source: The Real Deal
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