New York

Light industrial package includes 10 assets acquired for $146M.

Adam's orders 5% budget cut across all agencies to offset $12B cost.

Building owners who submit long-term plans may have penalties reduced in the interim.

US Masters offloading 479 assets, mainly Brooklyn brownstones, in bits and pieces.

A 13-block stretch of Brooklyn artery would switch from light manufacturing to mixed use.

Year-to date leasing on track to fall about 10% below 2022 total.

Building adjacent to Langone campus will house faculty, staff.

BREIT's August redemption requests are lowest since prorating began.