The administration of New York City Mayor Zohran Mamdani has disclosed how it plans to enforce its new so-called “pied-à-terre tax” on luxury second homes. The New York Post reports the city’s Department of Finance (DOF) will contact the owners of the targeted...
The real estate investment company Kennedy Wilson has teamed with the multifamily development firm Jamison in a partnership that plans to deliver 4,000 affordable housing units across Los Angeles through adaptive reuse and ground up construction. The partnership,...
Purchase loan closing costs declined nationwide by an average of 2.9% from 2024 to 2025, according to a new data report released by LodeStar Software Solutions. The decline was attributed to a drop in home prices, which reduced transfer tax burdens across many...
The Kansas City Royals have submitted a plan that would rezone a section of downtown Kansas City to create a 90-acre urban redevelopment district. Fox4KC.com reports the application focuses on the southern edge of Crown Center and envisions an entertainment...
President Trump has claimed he is undecided over whether he will sign the 21st Century ROAD to Housing Act, dismissing it as a “big yawn” within the wider spectrum of political considerations. According to combined media reports, Trump told reporters on Monday that he...
Florida Gov. Ron DeSantis has announced he will not campaign to pass an amendment ending property taxes in the state because the measure approved by the legislature is not the amendment he proposed. The Miami Herald reports DeSantis told a press conference that he...
Hits and Misses for the Real Estate Week of Aug. 10-14
