Articles by Max Gillespie

Perplexity Signs New Lease Spanning 22,000 Square Feet at 841, 853 Broadway in Union Square, Manhattan

7:00 am on February 17, 2026 By Max Gillespie

AI company Perplexity has expanded its office footprint in Manhattan’s Union Square, signing a new lease that brings its total occupancy to 22,000 square feet across 841 and 853 Broadway. The company, which initially leased the entire fourth floor of 853 Broadway in June, has now secured the fourth floor of the adjoining 841 Broadway, also known as the Roosevelt Building. The Feil Organization, owner of both buildings, will remove the dividing wall to create a contiguous full-floor office space. The properties are located between East 13th and 14th Streets, just south of Union Square Park.

NYC Restarts Work On Four Bus, Bike Lane Projects In Brooklyn And The Bronx

7:00 am on February 15, 2026 By Max Gillespie

The New York City Department of Transportation (NYC DOT) will restart four previously halted street redesign projects aimed at improving bus reliability and traffic safety in The Bronx and Brooklyn. The initiatives include a new bus lane on Fordham Road in The Bronx and three protected bike lane projects across Brooklyn neighborhoods including Fort Greene, Flatbush, and Prospect-Lefferts Gardens. NYC DOT will oversee implementation, with construction scheduled to begin this spring.

Residences Of Isaacs Houses To Vote On Future Of Development In Yorkville, Manhattan

7:30 am on February 14, 2026 By Max Gillespie

Residents at Isaacs Houses in Yorkville, Manhattan have begun voting on the future of their development, following 100 days of public engagement. The voting period, first announced in November 2025, runs through March 16, 2026, and allows eligible residents to choose between joining the New York City Public Housing Preservation Trust, entering the Permanent Affordability Commitment Together (PACT) program, or remaining under Section 9 public housing. Voting is available online and by mail, with in-person voting offered during the final five days beginning March 12. An independent vote administrator is overseeing the process. The development is currently owned and managed by the New York City Housing Authority.

Brooklyn Community Board 1 Votes In Support Of Monitor Point Development At 40-56 Quay Street In Greenpoint, Brooklyn

7:30 am on February 13, 2026 By Max Gillespie

Brooklyn Community Board 1 has voted to support the proposed Monitor Point development at 40–56 Quay Street in Greenpoint, Brooklyn. Designed by FXCollaborative and developed by The Gotham Organization, the three-tower project will rise 600, 450, and 230 feet and deliver 1,150 residential units along the Bushwick Inlet waterfront. The board voted 24–9 in favor of the proposal, marking the first local government body to formally back the project as it advances through the city’s land use review process.

12-Year Lease Signed for 100 Park Avenue in Midtown, Manhattan

7:30 am on February 12, 2026 By Max Gillespie

Professional services company Turner & Townsend has signed a 12-year lease for 24,394 square feet at 100 Park Avenue, a 36-story office tower in Midtown, Manhattan. The lease covers the entire sixth floor of the 905,000-square-foot building, bringing it to full occupancy. The property is located between East 40th and 41st Streets.

Financing Secured For Campos Plaza II Renovation In East Village, Manhattan

7:30 am on February 11, 2026 By Max Gillespie

The New York City Housing Authority (NYCHA) has closed on $92.5 million in financing for the renovation of Campos Plaza II, a two-building residential development in Manhattan’s East Village. The project, part of NYCHA’s Permanent Affordability Commitment Together (PACT) initiative, will modernize 224 apartments housing more than 450 residents. Development partners L+M Development Partners, Type A Projects, and Henge Development will lead the rehabilitation.

Shirley Chisholm Recreation Center Opens In East Flatbush, Brooklyn

7:00 am on February 10, 2026 By Max Gillespie

On Monday, city officials celebrated the opening of the Shirley Chisholm Recreation Center, a $141 million community facility at 3105 Farragut Place in the Little Haiti section of East Flatbush, Brooklyn. Developed by the NYC Department of Design and Construction using the design-build method, the 74,000-square-foot center is expected to serve more than 41,000 residents living within a 15-minute walk or transit ride.

Financing Secured For Five-Building Portfolio In Williamsburg And Brooklyn Heights

7:00 am on February 9, 2026 By Max Gillespie

Edifice Partners LLC has secured $19 million in financing for the Edifice Portfolio, a group of five renovated multifamily properties located in Brooklyn. The Edifice Portfolio consists of 42 residential units spread across five pre-war buildings at 431–433 Wythe Avenue and 313 South 4th Street in Williamsburg, and 19–21 Columbia Place in Brooklyn Heights. JLL Capital Markets arranged the financing from City National Bank.

41-42 24th Street Receives Refinancing Deal In Long Island City, Queens

7:30 am on February 7, 2026 By Max Gillespie

JLL Capital Markets has announced the refinancing of QLIC, a residential tower at 41-42 24th Street in Long Island City, Queens. Developed by World Wide Group and Rabina, the 21-story structure yields 421 units. The refinancing package totaled $160.25 million and came from global investment firm KKR. The property is located between 41st Avenue and Queens Plaza North.

LPC To Review Proposal For 106 West 81st Street on Manhattan’s Upper West Side

7:30 am on February 6, 2026 By Max Gillespie

A proposal has been submitted to the Landmarks Preservation Commission (LPC) for a rear extension and rooftop addition at 106 West 81st Street, a three story, four-unit residential building on Manhattan’s Upper West Side. Proposed work includes a one-story vertical addition set back from the primary façade, creating a new fourth floor and roof terrace. The project team aims to maintain the building’s historic elements while converting it from a multi-family into a single-family residence. The property is located between Amsterdam and Columbus Avenues.

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