The governors of four northeast states impacted by the Trump administration’s suspension of the leases on five offshore wind projects are demanding that they either receive a briefing on the alleged national security threats cited for the suspensions or the immediate...
New York Gov. Kathy Hochul has signed a bill into law that allows localities to provide seniors with up to a 65% property tax exemption. Legislation S5175A/A3698A replaces the previous 50% maximum percentage of exemption local governments have been able to offer...
New York Gov. Kathy Hochul has unveiled the Housing Acceleration Fund, a $215 million program designed to speed up construction of shovel-ready mixed-income residential projects across her state. The new fund will be administered by New York State Homes and Community...
A new report analyzing New York Gov. Kathy Hochul’s 2022 plan to build or preserve 100,000 units of affordable housing over a five-year period has determined the endeavor is falling short of its goal. Hochul allocated $25 billion in state investments to this...
The too-high cost for homebuying, the effects of plumbing mishaps on household budgets, and an XL-sized lease in New York City’s office market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 28-May 2. Miss: A Dent to...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
