Market
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Pied-à-Terre Tax Lands, Homeowner “What Ifs” Linger
Mayor Zohran Mamdani’s pied-à-terre tax already has homeowners, lawyers and realtors pleading for greater clarity and transparency. The Department of…
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Pfizer Scares Tests Office-to-Resi Thesis
For an industry betting that obsolete office towers can help solve the housing shortage, this week’s scare at the former…
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Elliman’s AI Overhaul Raises Questions About Future of Agents
Residential real estate could be approaching a reckoning over artificial intelligence. Earlier this week, Douglas Elliman announced it was overhauling…
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Why This Brooklyn Multifamily Development Site Sits Dormant
Walk around New York and you might wonder why some blocks have little or no housing despite tremendous demand for…
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Pfizer Building Inspector, Subcontractor Face Scrutiny
Days after buckled columns at the Pfizer building conversion sparked concerns that the project was in danger of collapse, key…
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Rockpoint, Urby Team Up to Build in Booming Jersey City
A hot new bombshell has entered the Jersey City development villa. Boston-based Rockpoint and local developer Urby formed a joint…
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Andrew Kimball will oversee NYU real estate portfolio
Andrew Kimball just landed a new job. New York University hired the former Economic Development Corporation president and CEO to…
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Ex-Housing Official’s Bombshell Statement Rocks State Agency
In 2023, under pressure from lawmakers, tenant organizers and New York Attorney General Letitia James, state housing regulators secretly changed…
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Hochul, HCR award $1B Bonds, Subsidies for New York Projects
New York State awarded $1 billion in housing bonds and subsidies in the latest push from Gov. Kathy Hochul as…
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New York Top Real Estate Deals: Thursday, July 9
There were 224 transactions totaling $434 million filed in New York City records in the 24 hours before 4 p.m.…
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