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Hits and Misses for the Real Estate Week of Feb. 16-20

Hits and Misses for the Real Estate Week of Feb. 16-20

by Phil Hall | Feb 20, 2026 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, WRE News Exclusive

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...
NYC Mayor Mamdani Threatens 9.5% Property Tax Hike if State Rejects His Call for a New Wealth Tax

NYC Mayor Mamdani Threatens 9.5% Property Tax Hike if State Rejects His Call for a New Wealth Tax

by Phil Hall | Feb 18, 2026 | News/Current Events, U.S. Housing Market, WRE News Exclusive

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...
NYC Mayor Mamdani Bans Public Housing Tenants from Speaking at ‘Rental Ripoff’ Hearing

NYC Mayor Mamdani Bans Public Housing Tenants from Speaking at ‘Rental Ripoff’ Hearing

by Phil Hall | Feb 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
NYC Mayor Mamdani Threatens 9.5% Property Tax Hike if State Rejects His Call for a New Wealth Tax

NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program

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

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: When Political ‘Protesters’ Damage Commercial Property

A Phil Hall Op-Ed: When Political ‘Protesters’ Damage Commercial Property

by Phil Hall | Jan 29, 2026 | A Phil Hall Op-Ed, Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

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...
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