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...
A federal bankruptcy judge approved the $451 million sale of a 93-building portfolio encompassing more than 5,100 rent-stabilized apartments in New York City, ignoring efforts by Mayor Zohran Mamdani to block the transaction. The Gothamist reports the real estate firm...