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4 Northeast Governors Demand Briefing on Why Trump Suspended Offshore Wind Projects

4 Northeast Governors Demand Briefing on Why Trump Suspended Offshore Wind Projects

by Phil Hall | Dec 29, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

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 State Raises Property Tax Exemption for Seniors to 65%

New York State Raises Property Tax Exemption for Seniors to 65%

by Phil Hall | Dec 8, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 State Launches Housing Accelerator Fund

New York State Launches Housing Accelerator Fund

by Phil Hall | Oct 27, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan

New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan

by Phil Hall | Aug 7, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Hits and Misses for the Real Estate Week of April 28-May 2

Hits and Misses for the Real Estate Week of April 28-May 2

by Phil Hall | May 2, 2025 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
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