Market
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Rent-stabilized Rehab Costs a Fraction of Building New
In response to my column “Educating Zohran: What nonprofit housing actually costs,” about a Broome Street project costing $921,000 per…
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One Pandion Asking $15M Seeks Shelter Island Record
A modernist Shelter Island estate is seeking a residential sales record for the patch of land sitting between Long Island’s…
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NYC Charter Revision Commission Votes on Land Use Measures
New Yorkers will decide in November whether to overhaul the city’s land use review process. If passed, these changes would…
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Broad Street, TPG Plan Tribeca Condos
Everyone wants to be a Tribeca developer. Broad Street Development and its partner TPG Angelo Gordon are the latest players…
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Another Bad Week for Casinos in New York City
The week started with the implosion of the casino proposal at the Bally’s golf course in the Bronx. On Monday,…
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Zohran Mamdani Meets with Business Leaders
Zohran Mamdani made his case to business leaders this week. The Democratic nominee met with members of the Partnership for…
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Judge Tosses Suit Accusing Cushman of Conspiring With NYC
A Manhattan judge dismissed the allegations that Cushman & Wakefield improperly dealt city lease contracts worth millions in annual commissions…
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Chetrits Mismanaged Williamsburg’s Hotel Indigo, Lender Says
The Chetrit family is facing potential foreclosure and allegations of mismanagement at a Williamsburg hotel and rental building. The lender…
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Adam Neumann Looks to Sell Gramercy Park Penthouse Again
Nothing has worked in Adam Neumann’s yearslong attempt to sell his penthouse triplex in Gramercy Park. So he’s reworking the…
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Homework Could Help Zohran Mamdani Lower Housing Costs
Here’s another reality check for Zohran Mamdani: A nonprofit is spending nearly $1 million per unit to build affordable housing…
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