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Growing Number of Local New York Governments Plan to Override State’s Property Tax Cap

Growing Number of Local New York Governments Plan to Override State’s Property Tax Cap

by Phil Hall | Aug 31, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A growing number of local governments across New York are planning to override the state’s property tax cap, according to a report from State Comptroller Thomas P. DiNapoli. New York’s property tax cap limits annual increases in property taxes to the lesser of 2% or...
New York State’s Median Home Sales Price Hits Record High

New York State’s Median Home Sales Price Hits Record High

by Phil Hall | Jul 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York State’s housing market recorded a new high for its median sales price while housing inventory continued its steady climb for the 16th consecutive month. According to data from New York State Association of Realtors, the median sales price rose 8%...
Nationwide Protests Against Data Centers Planned for Saturday

Nationwide Protests Against Data Centers Planned for Saturday

by Phil Hall | Jul 15, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Nationwide protests are being planned for Saturday to demonstrate against the proliferation of artificial intelligence (AI) data centers. The Hill reports the organization Humans First is calling on protesters to “protect our hometowns, our wallets, and our way of...
NY Gov. Hochul to Sign 1-Year Moratorium on Data Center Construction

NY Gov. Hochul to Sign 1-Year Moratorium on Data Center Construction

by Phil Hall | Jul 14, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New York is set to become the first state to enact a ban the construction of large data centers. Gov. Kathy Hochul is scheduled to sign an executive order prohibiting the creation of data centers with the capacity of at least 50 megawatts for up to a year. This...
NYC’s Historic Aqueduct Racetrack Closed; Future of 210-Acre Site Uncertain

NYC’s Historic Aqueduct Racetrack Closed; Future of 210-Acre Site Uncertain

by Phil Hall | Jun 29, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New York City’s Aqueduct Racetrack, the site for countless classic moments in thoroughbred racing, closed on Sunday after 132 years in operation. According to combined media reports, the Queens-based venue is being shuttered as part of the New York Racing...
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