New York edition, Friday, October 30, 2026New York edition, Friday, October 30

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Good morning, New York.

Empty offices are turning into apartments faster than at any time on record, and this week's filings in Midtown South were the largest yet. Across the river, Long Island City rents slipped for a third month. And in Brooklyn, the Atlantic Avenue rezoning cleared its first community board vote.

Empty offices are turning into apartments faster than at any time on record, and this week's filings in Midtown South were the largest yet.

New York BureauFull edition

In today's edition

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  1. 1Office-to-residential conversions reach a new high in Midtown SouthThree more towers filed for conversion this week, adding an estimated 1,400 apartments to the pipeline.Midtown South
  2. 2Long Island City rents slip for a third month as new supply landsTwo free months are now common on new leases in the largest buildings.Long Island City
  3. 3Atlantic Avenue rezoning clears its first community board voteThe plan moves to the borough president, with affordable housing terms still open.Crown Heights
  4. 4Harlem retail vacancy falls as small grocers sign longer leasesLandlords on 125th Street are trading lower rents for ten-year terms.Harlem
  5. 5Waterfront permits jump along the Hudson in Jersey CityFilings along the Gold Coast rose sharply this quarter, led by mid-size rentals.Jersey City

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