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NYC Landlord Sued for Turning Rent-Stabilized Apartments into Short-Term Hotel Rooms

NYC Landlord Sued for Turning Rent-Stabilized Apartments into Short-Term Hotel Rooms

by Phil Hall | Feb 9, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A New York City landlord is being sued for illegally turning rent-stabilized apartments into short-term hotel rooms. National Today reports the city filed a lawsuit against Mark David Militana, who owns two brownstone buildings on Manhattan’s Upper West Side. The two...
NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program

NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program

by Phil Hall | Jan 30, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani has backpedaled on a major promise of his election campaign by indefinitely delaying the expansion of the city’s housing voucher program. The Gothamist reports Mamdani ran for mayor in 2025 with the pledge to expand eligibility for...
StorageMart Acquires 15-Property Self-Storage Portfolio in NYC

StorageMart Acquires 15-Property Self-Storage Portfolio in NYC

by Phil Hall | Jan 29, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The self-storage company StorageMart has acquired a portfolio of 15 self-storage properties across New York City encompassing approximately 1.3 million net rentable square feet with 25,498 storage units and 121 parking spaces. The financial terms of the deal were not...
Mamdani Skips Gala Hosted by NYC Real Estate Leaders

Mamdani Skips Gala Hosted by NYC Real Estate Leaders

by Phil Hall | Jan 26, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

New York City Mayor Zohran Mamdani doesn’t appear to be in a hurry to build strong relations with the local real estate industry – the recently inaugurated Democratic Socialist who campaigned on a platform that emphasized rent freezes skipped the Real Estate Board of...
Hits and Misses for the Real Estate Week of Jan. 19-23

Hits and Misses for the Real Estate Week of Jan. 19-23

by Phil Hall | Jan 23, 2026 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Supreme Court considers the Federal Reserve, a once-grand mall faces oblivion, and New York City’s mayor has a plumbing update. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 19-23. Miss: The Justices Are Not...
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