Mamdani Announces One-Month Extension for Pied-à-Terre Tax Appeals

by Phil Hall | Aug 3, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani extended the deadline for appealing his new pied-à-terre tax by an additional month. The pied-à-terre tax is designed to target the owners of luxury second homes – condominiums and co-ops valued at a minimum of $1 million and one- to...

Report: Fed Chairman Warsh Proposes Fewer Rate Policy Meetings

by Phil Hall | Aug 3, 2026 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Federal Reserve Chairman Kevin Warsh reported proposing cutting back on the number of rate policy meetings held by the central bank’s Federal Open Market Committee (FOMC). According to a Wall Street Journal report sourced from unnamed “people familiar with the...

Kalshi Predictive Market Favors a New Chicago Bears Stadium in Illinois

by Phil Hall | Aug 3, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

While the executive leadership of the Chicago Bears have been focused on the potential relocation of their team out of Illinois to a site in Hammond, Indiana, most of the prognosticators in the predictive market Kalshi are betting the team doesn’t leave the state. The...

FHFA’s Pulte to Relinquish Intelligence Chief Role on Aug. 3

by Phil Hall | Aug 1, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Federal Housing Finance Agency Director Bill Pulte announced that he will step away from his position as interim Director of National Intelligence and enable Jay Clayton to take his Senate-confirmed role on Monday, Aug. 3. In a post on his personal X account, Pulte...

Hits and Misses for the Real Estate Week of July 27-31

by Phil Hall | Jul 31, 2026 | Current News & Events, Hits and Misses, International Real Estate News, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest shenanigans from Bill Pulte and Zohran Mamdani, Russian renters eyeballing Armenian apartments, and a “Partridge Family” star focusing on Catskills housing. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July...