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...
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 5-9. Hit: Who Saw That Coming? The biggest...
New York City Mayor Zohran Mamdani’s newly appointed tenant advocate has become the subject of controversy due to old social media posts where she equated homeownership with “white supremacy” and called for the government seizure of private property. WABC Radio is...
New York City Mayor Zohran Mamdani announced plans to hold a series of public “rental rip-off” hearings that will enable tenants to voice their frustration over their dilapidated rental housing buildings. The New York Times reports the hearings will be used to gather...
Zohran Mamdani used his first day as Mayor of New York City to begin implementing parts of his campaign agenda on rental housing. The New York Times reports Mamdani made his first visit as the newly inaugurated mayor to a rent-stabilized building in the Flatbush...