New York City recorded the completion of 33,974 new homes in 2024, the most units completed in a single year since 1965. The Department of City Planning (DCP) attributed this figure to the increase of permitting during 2022 ahead of to the expiration of the 421-a tax...
Two-thirds of the 50 counties with the most at-risk housing markets in the fourth quarter of 2024 were in California, Florida, Illinois, and the New York City area, according to new data from ATTOM. County-level housing markets on the latest list included 14 were in...
New York City Mayor Eric Adams has announced the historic Roosevelt Hotel will cease to serve as a migrant shelter in June. The Wall Street Journal reports Adams’ administration said plans to close the hotel were being formulated since December, when the number of...
The Trump administration’s Department of Transportation has terminated its approval of the congestion pricing toll program in New York City – four months after the Biden administration gave its approval. The program was introduced in early January and charged...
A New York City real estate executive was indicted for his part in a scheme to steal $30 million intended for a real estate investment. According to the allegations in the indictment, Kevin Feng Gao used an unauthorized bank account in the name of a company that...