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Avery Silverstein

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Newmark
Avery Silverstein
$10B Volume43 Closed Deals
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$6B Volume66 Closed Deals
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$2B Volume13 Closed Deals
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$4B Volume78 Closed Deals
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$2B Volume23 Closed Deals

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Manhattan

Industry News

Leasing Surge: Manhattan Office Activity Nears Pre-Pandemic Levels
New York
Lease
Institutional
Office
Leasing Surge: Manhattan Office Activity Nears Pre-Pandemic LevelsManhattan office leasing is projected to exceed 40 million square feet in 2025, the first time since 2019. A surge in large tenant renewals and new subleases — including major deals by law firm Ropes & Gray and investment firm Sixth Street — pushed October leasing activity to one of its strongest months this year. The market shows continued strength in Class A and trophy assets, with sublease space tightening and availability rates inching lower.
RAMSA-Designed 255 East 77th Street Nears Completion on the Upper East Side
New York
Multifamily
Residential
RAMSA-Designed 255 East 77th Street Nears Completion on the Upper East SideThe 36-storey tower at 255 East 77th Street will deliver 62 luxury condominiums across approximately 170,481 sq ft in the Lenox Hill section of the Upper East Side.  Developed by Naftali Group with design by Robert A.M. Stern Architects (RAMSA) and architect-of-record Hill West Architects, the project includes around 500 feet in height, limestone cladding, floor-to-ceiling glazing, and a projected sell-out of ~$500 million+. Amenities include full-time doorman/concierge, pool, sauna, steam room, children’s playroom, pet spa, outdoor garden, and more. Retail space (~1,650 sq ft) is already leased to Salt & Straw for Spring 2027. 

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Recently Closed Deals

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MultiFamily
S3 Capital Partners Provides $9.75M Construction Loan For Multifamily Asset In Brooklyn
Robert Schwartz + 1 more
Lease
Office
Robinhood Signs 10-Year Sublease For 125,392 Square Feet At Vornado Realty Trust In Manhattan
2 Pennsylvania Plaza, New York, New York
Steven Roth
Lease
Office
Richard Nassimi
Shlomi Bagdadi + 2 more
Sale
Development Site
Faisal Gilani + 1 more
Gabe Icikson
Devin Someck + 1 more
Andrew Stern + 2 more
Patrick Madigan + 3 more

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This Week’s Top

Sales
Asset typePriceBrokersMarket
1. Note / Loan$247M
-
New York
2. Office$200M
Willis Robbins
Marcella Fasulo
+ 5
New York

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Active Listings

$22,000,000PPSF: $390
Norden Lofts MultiFamily Listed at 121 Westmoreland Avenue
Michael Scrima
Thomas Gorman Jr.
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