Market
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Real Estate Fights Expansion of Rent Control, Prevailing Wage
The prolonged state budget negotiations this year didn’t leave lawmakers much time to pass bills before the end of this…
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Jersey City Bans Rent Algorithms After RealPage Controversy
Maybe landlords are using software to collude illegally in setting rents. Maybe they aren’t. But Jersey City politicians aren’t waiting…
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NYC Top Deals: Thursday, May 22, 2025
In New York City today, there were about 193 deals recorded, totaling about $356.1 million. 🏆Residential: The top residential deal…
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Joel Wiener’s Pinnacle Group Puts Portfolio in Bankruptcy
A game of chess is afoot as Joel Wiener’s Pinnacle Group tries to withstand a foreclosure effort from its lender.…
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Watchdog Calls for RGB to Intervene in Rent-Stabilized Distress
The nonprofit watchdog Citizens Budget Commission has joined the rising chorus of industry observers — and now independent researchers — calling…
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New York City’s Top CRE Loans of April 2025
A giant LED billboard, along with several surrounding retail properties, landed the city’s largest loan in April, providing a $407…
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Conde Nast in Talks for 200K SF Sublease at 1 WTC
Condé Nast has spent years trying to sublease its massive footprint at 1 World Trade Center. It may be getting…
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Landlords Open Books, But Lawmakers’ Minds Stay Closed
An excellent article broke down how the 2019 rent reform, combined with rising expenses, sent the finances of two rent-stabilized…
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Mark Nussbaum Charged By Manhattan DA
Mark Nussbaum, once a top attorney for Lakewood and Brooklyn machers, was arraigned Wednesday in Manhattan. The Manhattan District Attorney’s…
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NYC Apartment Project Filings Up But Shrink to 99 Units
Multifamily project filings in New York City last quarter spiked in one building size category. Can you guess which? That’s…
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