The Real Estate Board of New York (REBNY) has released its Real Estate Broker Confidence Index report for the first quarter, revealing a record low in commercial broker confidence and relative stability among residential brokers. Commercial brokers expressed disappointment as expectations for office activity and leasing were dashed due to rising interest rates, challenging market conditions, and banking sector instability. In contrast, residential brokers reported improved sales and sustained leasing in higher price ranges; however concerns remain regarding ultra-luxury transactions amid potential recessionary pressures. The report also highlights obstacles to housing development such as financial sector instability, return-to-office activity quality of life issues impacting property investors/maintenance along with potential regulations influencing investment decisions.
The Malin Signs 15-Year Full-Floor Lease at GFP’s 10 Astor Place in NoHo
The Malin, described as a hospitality-driven workspace operator, has committed to a long-term lease at 10 Astor Place in NoHo,
Steve Griffin
June 15, 2026
