STILL QUIET AT THE OFFICE
Crain’s has an update on the value of commercial real estate it is way down: “SL Green Realty, the city’s largest commercial property owner, comes closest, and its portfolio is valued 40% below the peak. Vornado Realty Trust is 50% below, and the owner of the Empire State Building is 65% off.” The story also notes that only 28% of New York office workers had come back as of Sept. 22, according to data from building-security firm Kastle Systems.

PROTESTING THE CLEANUP PLANS AT 250 WATER
The Trib covered the protests and complaints around the plan for a cleanup of the site that will be the Howard Hughes Corporation’s mega development in the Seaport Historic District. Since it was once a thermometer factory, the ground is riddled with mercury and will require mediation.

111 WASHINGTON IS SOLD TO DEVELOPER
The Broadsheet reports that a “real estate development firm that specializes in building affordable housing nationwide has acquired a site in the Financial District, where it plans to erect a 50-story residential tower. Grubb Properties, based in Charlotte, North Carolina, announced Monday that it had paid $89.15 million for the vacant lot at the corner of Washington and Carlisle Streets. The company plans to build a structure enclosing 340,000 square feet on the 11,000-square-foot site, known both as 111 Washington Street and Eight Carlisle Street.”

ZIPPY AND EXCITING AT 1 WHITE
Eater gave a shout out to the zippy chilled red wine and the exciting starter salad of shaved fennel at 1 White Street.