New York City Mayor Zohran Mamdani’s administration has issued a second extension on the deadline for challenging his pied-à-terre tax while acknowledging that more than 1,000 residents received tax bill notices by mistake. The tax is designed to target the owners of...
Two renters in New York City have filed an antitrust lawsuit against Compass (NYSE: COMP), accusing the brokerage of causing prices to rise by pulling its listings from Zillow (NASDAQ: Z) and its StreetEasy subsidiary. Courthouse News Service reports Manhattan renters...
A New York state appellate judge ruled that New York City Mayor Zohran Mamdani can continue with the rollout of pied-à-terre tax while it continues to face a legal challenge. On Monday, Staten Island Judge Wayne Ozzi on Monday issued a temporary restraining order...
New York City Mayor Zohran Mamdani reluctantly jettisoned his campaign promise to demolish the 20,000-square-foot Elizabeth Street Garden in Lower Manhattan in favor of affordable housing for seniors. The garden would have been razed in favor of a 123-unit housing...
Joshua Schuster, a former New York City real estate developer, was sentenced to four years in prison for his role in a scheme to defraud investors in large real estate development projects. According to the charges brought against him, between 2018 and 2022 Schuster...