Market
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The Daily Dirt: Mamdani’s YIMBY Socialism
Who are Zohran Mamdani’s supporters? One political commentator called them “the coalition of the in-between.” While Andrew Cuomo won votes…
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The Real Estate Bills NY Passed, Killed or Shelved
Albany is effectively done for the year. The state Senate adjourned Friday morning after an overnight marathon of debate and…
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Horvath & Tremblay Buys B6 Real Estate Advisors
Paul Massey sold his brokerage B6 Real Estate Advisors — a new lease on life for a venture from one…
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Mohawk Day Camp Owner files for Bankruptcy
An American summer camp empire filed for bankruptcy after the owners, David and Michael Shabsels, missed their payments to bondholders…
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Summer rentals are getting booked later
My parents owned a home on Shelter Island, on the eastern end of Long Island, for years. And each year…
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Olmstead Scoops Up Savanna’s Midtown Office At 45% Off
Olmstead Properties snapped up a Midtown office building for $108 million, a steep markdown from its last trade in 2017,…
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NYC Builders Pivot to Redevelopments Amid High Costs
Welcome to The Data Drop by TRD Data, a weekly look at the numbers shaping real estate. This week, we…
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Resorts World, Cirrus Buy Project for Workforce Housing
Cirrus Real Estate Partners and Resorts World are putting their chips where their mouths are, acquiring a site for workforce…
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NYC Builders Pivot to Redevelopments Amid High Costs
Welcome to The Data Drop by TRD Data, a weekly look at the numbers shaping real estate. This week, we…
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Cap on Major Capital Improvements Puts Buildings at Risk
If old buildings have outdated, unsafe electrical systems, why don’t landlords upgrade them? Because some don’t have $1 million or…
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