A proposed property tax hike in New York City, a California lawmaker fighting for homeowner insurance rights, and a hotel executive forced out of his job because of a toxic friend. From the wild and wooly world of real estate, here are our Hits and Misses for the week...
New York City Mayor Zohran Mamdani is threatening to raise property taxes by 9.5% unless the state government agrees to his demand to raise taxes on the city’s wealthiest residents. Property taxes are the city’s largest revenue source, and the mayor does not require...
New York City Mayor Zohran Mamdani’s first “rental ripoff” hearing scheduled for Feb. 26 will not permit tenants in the city’s public housing projects to detail their complaints about the quality of their housing. The New York Post reports that only renters and...
New York City Mayor Zohran Mamdani has backpedaled on a major promise of his election campaign by indefinitely delaying the expansion of the city’s housing voucher program. The Gothamist reports Mamdani ran for mayor in 2025 with the pledge to expand eligibility for...
A Phil Hall Op-Ed: There appears to be a malignant trend among the more extreme elements of today’s political “protesters” – they believe they have the inalienable right to disrupt and destroy the commercial property of anyone they don’t like. This strategy gained...