-- BKREA has released the August 2026 edition of its Development Site Monthly, providing a comprehensive view of the forces influencing New York City's development market, including transaction activity, construction pipelines, interest rates, zoning and legislative developments, air rights, and active development opportunities.
The August edition reflects BKREA's broader effort to organize complex market information into practical intelligence that developers, investors, property owners, lenders, architects, attorneys and other real estate professionals can use when evaluating opportunities and making decisions.
Explore the BKREA August 2026 Development Site Monthly digital resource:
https://bkrea-august-2026.ejw939796.chatgpt.site/
Read the complete August 2026 Development Site Monthly on BKREA.com:
https://www.bkrea.com/development-newsletter/august-2026

BKREA is currently handling 69 exclusive listings totaling more than $3 billion in dollar volume, giving the firm's professionals direct exposure to the questions, pricing considerations and market conditions affecting buyers and sellers throughout New York City.
The August edition also highlights $209 million in recently closed transactions, providing readers with current evidence of transaction activity alongside analysis of the policy and economic environment shaping future development.
“The development market doesn’t move based on one data point. You have to understand transactions, zoning, policy, capital markets and what developers are actually doing in real time,” said Bob Knakal, Chairman & CEO of BKREA.
Rather than viewing individual transactions, zoning changes or policy announcements in isolation, the Development Site Monthly brings these signals together to provide readers with a broader picture of the market.
“New York City development is increasingly about understanding what is possible, not simply what exists today,” said Genessy Jaramillo. “Zoning, air rights, policy changes and new development activity can materially change how a site should be evaluated. Our goal is to give owners and developers the information and context they need to recognize those opportunities.”

The August Development Site Monthly includes coverage of major construction projects and development pipelines, interest rates, legislative developments, air rights, notable development site sales and active Manhattan development opportunities.
Among the subjects examined are proposed changes affecting housing and development, emerging construction activity across Manhattan, the potential implications of new legislation for property owners and developers, and BKREA's ongoing research into New York City's land market.
The publication also provides access to BKREA research and commentary intended to help market participants distinguish short-term events from longer-term changes that could influence land values and development decisions.
This approach is based on a straightforward principle: better information creates the foundation for better decisions.
New York City real estate development is influenced by an unusually complex combination of land values, zoning, interest rates, construction costs, public policy, financing and future expectations.
Understanding any one of these variables is useful. Understanding how they interact can provide considerably greater insight.
BKREA's Development Site Monthly is designed to bring those pieces together.
The publication tracks active and pending Manhattan development sites while also incorporating transaction data, policy analysis, market observations and perspectives from professionals working directly in the development community.
The August edition includes analysis of subjects ranging from the city's evolving housing policies and potential regulatory changes to construction pipelines, air rights and notable land transactions.
About the company: BKREA is a New York City commercial real estate brokerage and advisory firm focused on investment sales and development opportunities. The firm's market intelligence combines transaction experience, property-level research and ongoing analysis of the forces affecting New York City real estate. The Development Site Monthly is published as a resource for developers, investors, property owners and professionals seeking a deeper understanding of New York City's development market.
Contact Info:
Name: Bob Knakal
Email: Send Email
Organization: BKREA
Address: 135 West 36th Street NY NY 10018
Phone: 212-888-8850
Website: https://bkrea.com
Release ID: 89200179

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