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NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout

NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout

by Phil Hall | Aug 7, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A trio of New York City homeowners have filed a lawsuit to delay the implementation of Mayor Zohran Mamdani’s pied-à-terre tax. The tax is designed to target the owners of luxury second homes – condominiums and co-ops valued at a minimum of $1 million and one- to...
Watchdog Group Criticizes Mamdani’s Housing Video as Taxpayer-Funded Self-Promotion

Watchdog Group Criticizes Mamdani’s Housing Video as Taxpayer-Funded Self-Promotion

by Phil Hall | Aug 5, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The independent watchdog group NYC Common Sense is seeking information on the production costs of a new 13-minutes short film produced by New York City Mayor Zohran Mamdani’s administration. The film, titled “The Union of Pinnacle Tenants: A Short History of NYC...
Mamdani Announces One-Month Extension for Pied-à-Terre Tax Appeals

Mamdani Announces One-Month Extension for Pied-à-Terre Tax Appeals

by Phil Hall | Aug 3, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani extended the deadline for appealing his new pied-à-terre tax by an additional month. The pied-à-terre tax is designed to target the owners of luxury second homes – condominiums and co-ops valued at a minimum of $1 million and one- to...
Hits and Misses for the Real Estate Week of July 27-31

Hits and Misses for the Real Estate Week of July 27-31

by Phil Hall | Jul 31, 2026 | Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest shenanigans from Bill Pulte and Zohran Mamdani, Russian renters eyeballing Armenian apartments, and a “Partridge Family” star focusing on Catskills housing. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July...
Work Halted on Another NYC Office-to-Residential Conversion Project

Work Halted on Another NYC Office-to-Residential Conversion Project

by Phil Hall | Jul 30, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City’s Department of Buildings halted work on another office-to-residential construction project. The Wall Street Journal reports construction was paused at 750 Third Avenue, a 35-story office building that is being converted by developer SL Green (NYSE: SLG)...
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