BEST & FINAL
A New York Real Estate News Podcast by Jordan Shea
Episodes
New York pushes $1.8B into housing, Citi Field’s $8B casino bid advances, a 1,600-foot Midtown supertall gets the green light, and condo supply hits a decade low — today’s Best & Final breaks down the moves reshaping the city’s real estate market.
Today’s Best & Final covers a political jolt for New York real estate as Mayor Eric Adams exits the mayoral race, leaving the industry to weigh the starkly different platforms of Zohran Mamdani and Andrew Cuomo. We also break down Compass’s $1.6 billion takeover of Anywhere Real Estate, creating a brokerage titan that now controls more than a quarter of New York’s market volume. Plus: the surge in air rights trading, new housin...
New York is reshaping its skyline from the ground up. Today’s briefing covers the Adams administration’s push to unlock nearly 10,000 homes across city-owned sites, RXR’s billion-dollar bet on 590 Madison Avenue, distress rippling through the rental market, major outer-borough financings, and the latest casino greenlight in Queens.
Compass is set to acquire Anywhere Real Estate in a $10 billion all-stock deal — creating the world’s largest residential brokerage by sales volume. In New York, Brooklyn redevelopment plans are accelerating, from United American Land’s long-term assemblage to a $3.5 billion reimagining of the Brooklyn Marine Terminal. Meanwhile, SL Green eyes the Chrysler Building ground lease, Manhattan’s last casino bid collapses, distress build...
Today’s brief tracks Harry Macklowe’s bold move on Madison Avenue, where the veteran developer is betting big on Landmarks approval to create ultra-luxury condos. We’ll also look at conversions reshaping Midtown and FiDi, major site sales from Tribeca to Crown Heights, and high-profile trades in Hell’s Kitchen and NoHo.
In today’s Best & Final, Jordan Shea unpacks the dramatic committee votes that killed two of the remaining four Manhattan casino proposals, the financial strain gripping affordable housing, the mixed signals coming from the office market, and the latest deals and developments shaping New York real estate.
Chelsea welcomes a new public plaza at One High Line, Midtown gears up for one of the city’s largest office leases, and Louis Vuitton plans an ambitious new Fifth Avenue flagship. We’ll also cover strategic acquisitions in NoHo and Lenox Hill, industrial refinancing across the outer boroughs, and Greenwich’s luxury housing market surging to record highs.
Commercial real estate distress is climbing to record highs, while New York’s housing pipeline slows and political battles heat up ahead of the mayoral race. In this episode of Best & Final, we break down the pressures in the CMBS market, Extell and Vornado’s billion-dollar development strategies, and the latest snapshots from Tribeca, East Harlem, and the Manhattan office market. Distress, debate, and development — all shaping...
Today’s briefing covers a cleared East Village site awaiting its next chapter, investor David Shapiro’s recent purchases in Chelsea and the Lower East Side, and Aya New York’s $54.7 million acquisition of the Cassa Hotel. We also dive into the mayoral race, where competing tax proposals could reshape the city’s real estate landscape, and close with Douglas Elliman’s Michael Lorber Team expanding to Westchester and Connecticut.
The city’s largest residential rezoning in decades just cleared its first hurdle — the OneLIC Neighborhood Plan has been approved, paving the way for nearly 15,000 new homes in Long Island City. We’ll unpack what this means for housing, affordability, and infrastructure, then shift to billion-dollar refinancing in Midtown, distressed asset plays, and a headline-grabbing brokerage move. Finally, we close with the latest political ma...
In today’s episode of Best & Final, we take stock of New York City’s real estate market at mid-year. From nearly a thousand new building permits and Manhattan’s office market rebound to the surge in office-to-residential conversions, major investment deals, and the policy fight shaping future development — this is the momentum driving 2025’s home stretch.
Developers LMXD and Domain are reshaping Brooklyn’s waterfront with a billion-dollar vision, delivering over 1,000 new rentals and a major public park. Alloy pushes the limits of sustainable design with the world’s tallest Passive House, while Manhattan sees key acquisitions and campus sales, Penn Station and citywide greenways gain momentum, and real estate power plays spill directly into New York’s elections.
Vornado Realty Trust is reshaping Midtown with a $218 million acquisition at 623 Fifth Avenue while also locking in fresh financing in Greenwich Village. In this 100th episode of Best & Final, we also track the final stages of two major Manhattan developments — One Times Square and JPMorgan Chase’s new supertall HQ — alongside a series of sales, refinancings, and defaults that show both strength and stress in today’s market.
In today’s Best & Final, Amazon makes another major move in Midtown, expanding to control most of 1440 Broadway, while Hudson Yards sees an office tower sell at a steep discount. We cover the city’s latest development and conversion projects — from storage in the Garment District to new condos in Midtown East and Cobble Hill — and examine NYCHA’s push for private partnerships. Plus, we break down the latest legal and political ...
New York City moves forward with its largest tunneling contract ever as the Second Avenue Subway heads into Phase 2, extending the Q line to 125th Street. Today’s episode also covers new developments in Harlem and the Financial District, high-profile sales in Chelsea, SoHo, and Greenwich Village, major refinancing activity, and the mounting challenges facing office owners and distressed portfolios across Manhattan.
Brooklyn is leading New York City’s summer surge with a 25% jump in investment sales, while Manhattan sees billion-dollar trades, policy shifts, and mounting office distress. In today’s Best & Final, Jordan Shea covers Brooklyn’s multifamily momentum, the Greenpoint Landing expansion, RXR’s $1 billion Madison Avenue buy, CUNY’s strategic student housing acquisition, and the latest on Billionaires’ Row resales. Buyers, sellers, ...
Billion-dollar refinances, bold acquisitions, and a Queens rezoning that could deliver 12,000 new homes — today’s Best & Final covers the moves reshaping New York’s market. Jordan Shea breaks down the deals, the developments, and the looming Local Law 97 deadlines that could cost owners hundreds of millions. For more insight, head to JordanShea.com or contact Jordan Shea.
On this episode of Best & Final, NYC commits $400 million to reimagine Fifth Avenue from Bryant Park to Central Park — doubling sidewalks, adding landscaped seating, and narrowing traffic lanes to create a pedestrian-first experience. We’ll break down the public and private investments driving the avenue’s transformation, along with key leasing wins, capital market moves, and new development momentum across the city.
In today’s Best & Final episode, “Clarkson Street Gets A Facelift,” Jordan Shea breaks down the city’s $164 million plan to transform the West Village’s Clarkson Street corridor into a recreation, cultural, and fitness hub — and explores how it fits into a broader wave of New York real estate activity. From the expansion of sustainable mass timber construction and Midtown South’s historic rezoning to high-profile luxury contrac...
On today's Best & Final, join host Jordan Shea as we explore New York City's evolving real estate landscape, from the Flatiron Building's transformation into luxury residences and new housing developments across the boroughs, to the mounting pressures on landlords and the dramatic security upgrades in commercial properties. We also dissect the political and economic headwinds shaping the market, including the impact of the Demo...
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