BEST & FINAL

Best & Final: Lofty Skyscrapers and Lame-Duck Lawsuits (June 6th, 2025)

On today's episode of Best & Final, Jordan Shea dives into the resurgence of New York City's office investment market, highlighting major deals by Brookfield, RXR, and Tishman Speyer, alongside significant loan activity for both commercial and residential properties. The show also explores the challenging retail landscape, particularly in the Meatpacking District and Herald Square, but notes a promising rebound in tech office leasing and updates on new developments like 520 Fifth Avenue. Additionally, the episode touches on a brokerage lawsuit withdrawal, providing a comprehensive overview of current trends and developments in the New York real estate market. For more insights, consult Jordan Shea or visit JordanShea.com.

Best & Final: Residential and Retail Red Flags (June 5th, 2025)

On the June 5th, 2025 episode of Best & Final, Jordan Shea covers a range of real estate market activities in New York City, including significant refinancing deals by Carlyle Group and Feil Organization, distress in the Herald Square retail market, notable property sales across the city, a slowdown in new development contracts particularly in Manhattan, a high-profile townhouse purchase in Brooklyn Heights, and the Big East Conference's new lease at the Empire State Building. For analysis and insights, contact Jordan Shea or visit JordanShea.com.

Best & Final: Medical, Midtown, and Missed Marks // June 4th, 2025

On today's episode of Best & Final, Jordan Shea covers a range of Manhattan real estate developments, from new residential and medical towers on the Upper East Side to shifts in the office leasing market and significant office building sales in the Garment District. The episode also discusses refinancing activity in SoHo and Kips Bay, highlighting the fluctuating dynamics and investments across different sectors of New York City's real estate landscape. For access to more insights, contact Jordan Shea or visit JordanShea.com.

Best & Final: New Deals, Old Delays // June 3rd, 2025

On today's episode of Best & Final Jordan Shea covers a dynamic range of real estate activity across Manhattan, including Tishman Speyer's return to the office market with a significant acquisition in SoHo, Pro-H Development securing financing for a new condo tower in NoMad, and the resumption of construction on the ambitious supertall skyscraper, The Torch, in Midtown. Additionally, the episode touches on city investments in public space revitalization, Time Equities re-entering the multifamily market in Brooklyn, judicial backlogs affecting development timelines, and a leadership transition at Brown Harris Stevens, offering a comprehensive overview of the current trends and challenges in the New York City property market. For more insights, consult directly with Jordan Shea or visit JordanShea.com.

Best & Final: June 2nd, 2025

On today's Best & Final, Jordan Shea covers a range of New York City real estate developments and transactions, including the approval of the Atlantic Avenue Mixed-Use Plan in Central Brooklyn to create new housing and jobs, a Request for Proposals for affordable housing in the East Village, and several significant property sales and financing deals across Manhattan, such as a $720 million loan for a Grand Central office-to-residential conversion. The episode also touches on upcoming auctions of Rite Aid leases and distressed properties, as well as legal challenges facing developers. For more insights, contact Jordan Shea or visit JordanShea.com.

Best & Final: May 30th, 2025

On today's Best & Final, Jordan Shea covers a range of real estate and infrastructure developments in New York City, including the MTA's property acquisitions for the Penn Station Access project, the ongoing debate over ground leases for co-op buildings, and updates on various property transactions and projects. These include developer Yitzchak Tessler's restructuring of the 172 Madison Avenue condo property, the failure of the HAP Seven development in Washington Heights resulting in investor losses, Rockrose Development's refinancing of a West Village building, and several other conversions and new construction projects across the city, as well as market insights focusing on the definition of luxury and potential supply shortages. For more insight, consult Jordan Shea or visit JordanShea.com.

Best & Final: May 29th, 2025

On today's Best & Final, Jordan Shea covers major New York City real estate developments, including the approval of the Atlantic Avenue Mixed-Use Plan in Brooklyn, casino-related development proposals in Queens and Hell's Kitchen, the merger of law firms Kramer Levin and Herbert Smith Freehills, and legal troubles for developer Fortis Property Group, specifically regarding defaults and lawsuits related to their Boston office building and other projects. For more insight, consult with Jordan Shea or visit JordanShea.com.

Best & Final: May 28th, 2025

In this May 28, 2025, episode of "Best & Final," host Jordan Shea covers significant real estate transactions in New York City. Highlights include Blackstone's $850 million financing for a stake in a Midtown office tower, Vanbarton Group's $103 million office-to-residential conversion in Sutton Place, and the landmark designation of the former Whitney Museum. Additionally, the episode discusses residential market activity, such as a discounted Plaza Hotel condo sale by Russian billionaires, financing for a new Upper East Side condo, and a lawsuit over a penthouse view at 520 Park Avenue. The episode concludes with development site deals, including David Bistricer's acquisition in East Harlem and Longacre Asset Management's purchase of a multifamily portfolio in the Bronx.

Best & Final: May 27th, 2025

On the Tuesday, May 27th episode of Best & Final, Jordan Shea discusses a proposed tax bill that could raise the SALT deduction cap to $40,000, impacting buyers and sellers in the $1–$2 million range. The episode also covers developers adapting to 485x incentives by limiting unit counts, the launch of a $100 million climate innovation hub in Brooklyn, SL Green's conversion of a Midtown tower to housing, improved earnings for Douglas Elliman and Compass, new StreetEasy policies on private exclusives, and an update on the Nir Meir case. For more insight, consult Jordan Shea or visit JordanShea.com.

Best & Final: May 23rd, 2025

On the Friday, May 23rd, 2025 episode of "Best & Final," hosted by Jordan Shea, Brooklyn leads a surge in New York City housing proposals, while lenders inject significant capital into the market, particularly for residential projects. The office sector sees continued transitions, including conversions to residential units and subleasing activity. A major bankruptcy filing affects a large portion of a major multifamily portfolio, and Mayor Adams announces a substantial investment to revamp Fifth Avenue. For more insight, consult Jordan Shea or visit JordanShea.com.