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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 | Current News & 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, Current News & 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 | Current News & 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, Current News & Events, Hits and Misses, 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...
Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections

Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections

by Phil Hall | Jan 19, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
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