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Hits and Misses for the Real Estate Week of Aug. 24-28

Hits and Misses for the Real Estate Week of Aug. 24-28

by Phil Hall | Aug 28, 2026 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bigger price tags on smaller homes, the Chicago Bears refuse to commit to a new stadium site, and Dolly Parton’s commercial real estate success. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 24-28. Miss: Shrinkflation...
Mamdani Issues New Deadline on Pied-à-Terre Tax Appeals, Admits 1,200 Contacted in Error

Mamdani Issues New Deadline on Pied-à-Terre Tax Appeals, Admits 1,200 Contacted in Error

by Phil Hall | Aug 26, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani’s administration has issued a second extension on the deadline for challenging his pied-à-terre tax while acknowledging that more than 1,000 residents received tax bill notices by mistake. The tax is designed to target the owners of...
Compass Hit with Antitrust Lawsuit by NYC Renters

Compass Hit with Antitrust Lawsuit by NYC Renters

by Phil Hall | Aug 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two renters in New York City have filed an antitrust lawsuit against Compass (NYSE: COMP), accusing the brokerage of causing prices to rise by pulling its listings from Zillow (NASDAQ: Z) and its StreetEasy subsidiary. Courthouse News Service reports Manhattan renters...
Appeals Court Allows Mamdani to Continue Pied-à-Terre tax Rollout

Appeals Court Allows Mamdani to Continue Pied-à-Terre tax Rollout

by Phil Hall | Aug 14, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A New York state appellate judge ruled that New York City Mayor Zohran Mamdani can continue with the rollout of pied-à-terre tax while it continues to face a legal challenge. On Monday, Staten Island Judge Wayne Ozzi on Monday issued a temporary restraining order...
Mamdani Drops Campaign Pledge to Build Affordable Housing at Site of Lower Manhattan Garden

Mamdani Drops Campaign Pledge to Build Affordable Housing at Site of Lower Manhattan Garden

by Phil Hall | Aug 13, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani reluctantly jettisoned his campaign promise to demolish the 20,000-square-foot Elizabeth Street Garden in Lower Manhattan in favor of affordable housing for seniors. The garden would have been razed in favor of a 123-unit housing...
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