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...
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...
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...
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...
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...