A Verizon fiber cut tied to a construction mistake triggered an FAA equipment outage that grounded flights at JFK, Newark, and LaGuardia Monday, with Newark still down as of Gothamist's report. gothamist.com

Four NYC pension trustees committed $300 million to union-built housing, a deal we've already covered in depth — this is the local TV pickup of that story. spectrumlocalnews.com

The Vaja Group closed a $26.4 million buy of a fully entitled Astoria development site, brokered by Investment Property Realty Group. nyrej.com

MTA is planning an upgrade to its aging subway announcement systems, per Gothamist — a systemwide electronics contract likely to hit the bid board eventually. gothamist.com

Hochul and the Albany County Executive announced the final demolition phases beginning on Albany's Central Warehouse. governor.ny.gov

Jeff Sutton's planned 340-key Midtown hotel has entered its demolition phase at West 34th Street, per Commercial Observer. commercialobserver.com

Santander Bank and Washington Capital provided $113 million in debt for a Chicago office-to-residential conversion, a deal shape New York conversion players are watching closely. commercialobserver.com