Frank Carone, an advisor and chief of staff to New York City’s former Mayor Eric Adams, pleaded not guilty to federal corruption charges related to a bribery scheme involving migrant housing. The Gothamist reports Carone, his brother Anthony Carone, and Chinese...
New York City Mayor Zohran Mamdani has backpedaled on a major promise of his election campaign by indefinitely delaying the expansion of the city’s housing voucher program. The Gothamist reports Mamdani ran for mayor in 2025 with the pledge to expand eligibility for...
Zohran Mamdani used his first day as Mayor of New York City to begin implementing parts of his campaign agenda on rental housing. The New York Times reports Mamdani made his first visit as the newly inaugurated mayor to a rent-stabilized building in the Flatbush...
A circle of New York City real estate executives is meeting this morning to discuss supporting Andrew Cuomo as the candidate to defeat Zohran Mamdani in the city’s upcoming mayoral election. The New York Times reports Jeff Blau, the developer of Hudson Yards, and his...
The Trump administration is reportedly planning to offer New York City Mayor Eric Adams a position in the Department of Housing and Urban Development if he drops his re-election campaign. A Politico report sourced from an unnamed “person with direct knowledge of the...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
