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From Langdon & Edison

The Edison
Report.

A monthly market brief for real estate owners and investors who want to stay ahead of what is actually happening — in rates, deals, policy, and the New York market.

Market Updates Debt & Financing Notable Deals Treasury & Rates Policy Watch New York Focus
Published monthly — first week of each month
Free — always
New York focus — with national context
Written by practitioners — not journalists
Every Issue

What You Will Find Inside.

The Edison Report is organized around the things that actually move the needle for real estate owners and investors. No filler sections, no generic recaps.

01

New York Market Pulse

Vacancy trends, rent movements, absorption data, and what the numbers actually mean for owners across residential and commercial asset classes in the metro area.

Multifamily Office Retail
02

Debt & Financing Watch

Where rates are moving, what lenders are doing, SOFR and Treasury updates, and how the current debt environment is affecting deal structures and refinancing decisions.

Treasury DSCR Cap Rates
03

Notable Deals & Transactions

Significant acquisitions, sales, and leases across the market. We break down what traded, at what pricing, and what it signals about where values are heading.

Acquisitions Dispositions Leases
04

Policy & Regulatory Update

Rent regulations, zoning changes, tax policy, and legislative developments that affect how you own, operate, and transact real estate in New York.

Zoning Rent Laws Tax
05

Operations & Management Insights

Practical takeaways from what we are seeing across our managed portfolio — maintenance cost trends, tenant behavior, technology, and what operators are dealing with right now.

Operations NOI Technology
06

What We Are Watching

Our team's forward-looking take on the one or two things in the market worth paying close attention to over the next 30 to 60 days.

Outlook Risk Opportunity

Structured to Respect Your Time.

The Edison Report is written to be read in under ten minutes. Every section is concise, every data point is relevant, and we do not pad the page count. If it is not worth your time, it does not make the issue.

Market Pulse
Key metrics & trends
2 min
Debt & Rates
Treasury, SOFR, lending conditions
2 min
Deals to Know
Notable transactions & pricing signals
2 min
Policy & Ops
Regulatory changes & operational notes
2 min
What We're Watching
The team's 30–60 day forward view
1 min
The Edison Report
Monthly — New York
Market Pulse
Manhattan office absorption turns positive for the first time since Q1 2022
Leasing velocity in Class A Midtown South accelerated through the quarter as financial services and tech tenants returned to the market. Sublease availability is contracting — a signal worth watching for owners thinking about renewal strategy heading into next year.

10-Yr Treasury
4.38%
▼ 18bps MoM
30-Day SOFR
5.19%
▼ 6bps MoM
Avg Cap Rate (MF)
5.2%
▲ 10bps MoM
Bridge Lending
S+275
Stable

Written for People Who Own and Operate Real Estate.

The Edison Report is not a general business newsletter. It is written specifically for the people who are making real decisions about real property.

Property Owners

Individual and institutional owners who want to stay informed on market conditions, valuations, and the regulatory environment affecting their assets.

Real Estate Investors

Active and passive investors tracking deal flow, cap rate compression, debt markets, and where capital is moving in New York and surrounding markets.

Brokers & Advisors

Leasing and investment sales professionals who want a monthly data-backed briefing they can share with clients and reference in conversations.

Lenders & Financiers

Debt and equity professionals who want a ground-level view of operating conditions and market sentiment from a firm actively managing property.

Ready to Stay Ahead of the Market?

Join property owners, investors, and real estate professionals who get The Edison Report every month. Free, concise, and written by people who live in this market.

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