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...
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 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...
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...
A federal judge has rejected an effort by CoStar Group (NASDAQ: CSGP) to file an amicus curiae brief in the lawsuit between Zillow (NASDAQ: Z, ZG), Midwest Real Estate Data (MRED) and Compass International Holdings (NYSE: COMP). Judge John Tharp of the US District...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
