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Judge Blocks Rollout of NYC Mayor Mamdani’s Pied-à-Terre Tax

Judge Blocks Rollout of NYC Mayor Mamdani’s Pied-à-Terre Tax

by Phil Hall | Aug 10, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani’s pied-à-terre tax has been blocked by a Staten Island judge following a lawsuit filed by homeowners who alleged the tax rollout was improperly handled. The tax is designed to target the owners of luxury second homes – condominiums...
NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout

NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout

by Phil Hall | Aug 7, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A trio of New York City homeowners have filed a lawsuit to delay the implementation of Mayor Zohran Mamdani’s pied-à-terre tax. The 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...
Landlords Sue to Stop Mamdani’s Rent Freeze

Landlords Sue to Stop Mamdani’s Rent Freeze

by Phil Hall | Jul 22, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A group of New York City landlords has filed a lawsuit to overturn the recently enacted rent freeze in stabilized apartments. The Real Deal reports six landlords are asking the New York Supreme Court to void the freeze approved by the Rent Guidelines Board and...

California Sues Five Cities Over State Housing Law Compliance

by Phil Hall | Jul 17, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California has filed legal action against five local governments for not being in compliance with the state’s Housing Element Law. The law requires California’s cities and counties to update their housing plans every eight years to meet its Regional Housing Needs...
Chicago Sues Airbnb Over Illegal Short-Term Rentals

Chicago Sues Airbnb Over Illegal Short-Term Rentals

by Phil Hall | Jun 24, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The City of Chicago has filed a lawsuit against Airbnb (NASDAQ: ABNB) that alleges the short-term rental home company and one of its hosts improperly listed numerous properties. The Chicago Sun-Times reports the lawsuit, which was filed Monday in Cook County Circuit...
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