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.