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Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents

Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents

by Phil Hall | May 1, 2025 | Current News & Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

StreetEasy, a listing platform owned by Zillow Group (NASDAQ: Z, ZG), announced that it will prevent access by New York City agents who publicly market listings to a select group of potential buyers. In a blog post on the StreetEasy website, Vice President and General...
New Rent Hikes Coming to NYC’s Stabilized Apartments

New Rent Hikes Coming to NYC’s Stabilized Apartments

by Phil Hall | May 1, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Residents in New York City’s rent-stabilized apartments will soon be paying more to cover their housing costs. Nearly one million New Yorkers live in rent-stabilized apartments. The typical monthly cost of a rent-stabilized apartment in the city is roughly $1,500,...
NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump

NY Legislator Suggests Law to Prevent Penn Station from Being Renamed for Trump

by Phil Hall | Apr 29, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A New York legislator raised the idea of introducing a new bill that would prevent public buildings from being named after convicted felons – an action designed solely to prohibit Penn Station from being renamed after President Trump. The New York Post reports State...
Historic NYC Office Property is Subject to UCC Foreclosure

Historic NYC Office Property is Subject to UCC Foreclosure

by Phil Hall | Apr 21, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Ocean West Capital Partners, a real estate investment, operations, and management platform headquartered in El Segundo, California, announced it has led a UCC foreclosure of 285 Madison Avenue, an office property in New York City. The 26-story, 511,000-square-foot...
Airbnb’s SuperPAC Aims $5 Million at NYC Election Campaigns

Airbnb’s SuperPAC Aims $5 Million at NYC Election Campaigns

by Phil Hall | Apr 11, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Three years after a New York City law created an unofficial block on short-term rentals, Airbnb (NASDAQ: ABNB) has launched a new effort to influence candidates in this year’s municipal elections with campaign donations. The Gothamist reports the company’s Affordable...
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