A New York Real Estate News Podcast by Jordan Shea
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. For more insight, contact Jordan She...
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 conversion projects, and even the financial...
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 pulse of what's driving every bid,...
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, contact Jordan Shea directly or visit ...
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 developments are emerging, and major players a...
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 significant refinancing deals, while ...
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 challenges influencing billions in rea...
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 housing commitments, and breaks down the ...
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's assertive use of eminent domain ...
On today's Best & Final, host Jordan Shea unpacks the shocking upset in the New York City Democratic mayoral primary: Zohran Mamdani's decisive victory over Andrew Cuomo. Discover what this unprecedented outcome means for New York City's real estate industry, housing market, and the future of urban investment, as we delve into the candidates' contrasting housing visions and the significant financial stakes at play for the indus...
On today's Best & Final, Jordan Shea explores the dynamic shifts in New York City's commercial real estate, from Toll Brothers' potential luxury residential pivot on the High Line and Malaysian investment in SoHo, to the United Nations' significant lease expansion, and the impact of new shelter contracts on the city's hotel market, collectively painting a picture of evolving urban development and investment opportunities.
On tooday's episode of Best & Final, Jordan Shea dives into Manhattan's dynamic real estate market, from record-setting luxury condos in Downtown to the rise of affordable housing and groundbreaking developments in Midtown. We also explore the accelerating trend of office-to-residential conversions, offering essential insights for investors, developers, and anyone tracking market shifts. Tune in to understand what these trends ...
From Midtown’s sweeping rezoning plan to a foreclosure-turned-opportunity in Downtown Brooklyn, today’s episode of Best & Final breaks down the latest shifts across New York City real estate. We cover major refinancing deals in Manhattan, a strategic affordable housing play in Coney Island, and a Bronx industrial sale with big redevelopment potential. If you're tracking where capital, policy, and opportunity intersect — this is...
On today's Best & Final, Jordan Shea covers the alarming vacancy rates in NYCHA housing, explores new development initiatives across the boroughs, dissects major refinancing deals shifting capital city-wide, and examines the ongoing struggles of a prominent Midtown office asset. Join host Jordan Shea for a sharp look at where money flows—and stalls—in the city's most challenging and ambitious properties. For more insights, cont...
On today's Best & Final with Jordan Shea, we dive into the legal battles shaping the skyline, from Nir Meir's ongoing challenges to Boruch Drillman's lenient sentencing. We also cover significant property shifts, including a $38 million landmark sale in Midtown, and major development updates like the groundbreaking of a zero-carbon skyscraper at Hudson Yards and Extell's ambitious plans for the Upper West Side's next tallest to...
On today's Best & Final, join host Jordan Shea as we delve into over $1.4 billion in new refinancing activity, a half-billion-dollar construction loan set to reshape Long Island City, and crucial indicators of both vitality and distress across New York's most pivotal asset classes. From the evolving economics of rent-stabilized housing to the landmarking of The Breuer Building, this episode explores what's truly in motion, what...
On today's Best & Final, Jordan Shea delves into the immediate impact of the FARE Act on New York City's rental market, which shifts broker fee responsibility to landlords and has already led to a drop in StreetEasy listings. The episode also covers high-profile hotel news, including the Sultan of Brunei's potential purchase of the Pierre Hotel and Joe Moinian losing the Midtown Hilton Garden Inn to foreclosure, alongside a new...
On today's episode of Best & Final, Jordan Shea covers a judge's denial of REBNY's injunction against the FARE Act, which shifts rental broker fees to landlords, alongside Kering's potential sale of a stake in 717 Fifth Avenue to reduce debt. The episode also details significant financing deals, including a $675 million CMBS loan for Independence Plaza and $525 million in construction financing for a Long Island City mixed-use ...
On today’s episode of Best & Final, host Jordan Shea covers a $500 million defamation lawsuit filed against The Real Deal by the Alexander brothers, who allege a smear campaign, while The Real Deal’s publisher, Amir Korangy, defends the outlet’s reporting. The show also discusses Blackstone Real Estate’s significant investment in Fisher Brothers' 1345 Sixth Avenue office building, along with various Manhattan real estate market...
On today's episode of Best & Final, Jordan Shea covers a range of real estate activity in New York City, including SL Green Realty marketing two properties for sale, Tishman Speyer's purchase of an office building in Little Italy, Samsung's lease expansion at Penn 1, and various residential and mixed-use developments underway. Additionally, the city is investing in public space enhancements, such as revitalizing "The Arches" ne...
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