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Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment

Report: Trump Open to Relocating Madison Square Garden as Part of Penn Station Redevelopment

by Phil Hall | Mar 26, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

President Trump is reportedly open to the idea of relocating New York City’s Madison Square Garden as part of the plan to redevelop the Penn Station transit hub. According to a report in The Gothamist based on input from “four sources who have knowledge of the Oval...
NYC Mayor Mamdani Launches Expedited Process to Approve Affordable Housing on City-Owned Land

NYC Mayor Mamdani Launches Expedited Process to Approve Affordable Housing on City-Owned Land

by Phil Hall | Mar 25, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

New York City Mayor Zohran Mamdani has unveiled Neighborhood Builders Fast Track, an expedited process designed to speed the delivery of affordable housing on city-owned land. Under this new initiative, the city’s Department of Housing and Preservation Development...
Listing Price Cut for Third Time on Katharine Hepburn’s Former NYC Home

Listing Price Cut for Third Time on Katharine Hepburn’s Former NYC Home

by Phil Hall | Mar 25, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The listing for the longtime New York City home of Oscar-winning actress Katharine Hepburn has undergone its third price cut. Mansion Global reports the 166-year-old five-story townhome in the Turtle Bay section of Midtown Manhattan is now being marketed at $6.195...
Florida Mansion, 5 NYC Properties Topped February’s Most Expensive Home Sales

Florida Mansion, 5 NYC Properties Topped February’s Most Expensive Home Sales

by Phil Hall | Mar 23, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A never-before-listed oceanfront estate in Florida was the most expensive home sale in February while New York City properties accounted for five of the top 10 most expensive sales of the month, according to a new report from Redfin. The four most expensive homes sold...
Mamdani to Suspend NYC’s Tax Lien Sale Program

Mamdani to Suspend NYC’s Tax Lien Sale Program

by Phil Hall | Mar 11, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Mayor Zohran Mamdani plans to halt New York City’s tax lien sale program and might consider ending the practice. The program began in 1996 and involves the sale of property owners’ unpaid tax liens and water debt at a discount to a private investor-backed trust, which...
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