T&E Development picked up a West Chelsea development site for $34 million, adding to the neighborhood's assemblage pipeline. therealdeal.com

A 311-unit affordable tower in East Williamsburg is closing in on a spring completion date, per Hoodline. Hoodline

Scaffolding is going up on the bell tower of a historic Staten Island church now owned by a developer, SILive reports. SILive.com

A new market brief projects NYC's housing supply will shrink as new-construction starts slow. Briefs Finance

Mayor Mamdani named developers Scott Rechler, Douglas Steiner, and Jessica Cestero to a new business advisory council, The Real Deal reports. therealdeal.com

T30 Capital sold its East Williamsburg loft building at 59 Bogart Street for $30 million. commercialobserver.com

Havas Health signed for 254,000 square feet at 200 Madison Avenue, one of the summer's bigger office leases. commercialobserver.com

Savills leased 20,000 square feet at Rudin's 560 Lexington Avenue. commercialobserver.com

A judge ruled both the Adams and Mamdani administrations violated the City Charter by missing deadlines to release racial equity plans. amNewYork

A Wallingford man was killed by a rockfall while working at a quarry in Seymour, Connecticut, police say. CTPost

AES's cleanroom technology panels earned FM 4882 fire approval, closing a gap standard fire ratings don't cover. prnewswire.com