Posted inRent
What to Know About New York’s Latest Attempt to End Forced Broker Fees for Renters
Who’s ing the legislation, and who’s against it? What happens next?
Real Estate
Posted inElections
Backed by Real Estate Interests, a PAC Touting Women Leaders Targets Pro-Tenant Candidates
New York Women Lead, which is funded by major real estate players, is spending heavily to defeat candidates backed by the Working Families Party and the Democratic Socialists of America.
Posted inSouth Bronx
Haven for Bronx Kids That Hosted Historic Gang Peace Summit Faces Shutdown
The Madison Boys and Girls Club is planning to shutter the clubhouse that’s served as a safe haven for generations of South Bronx residents and that supposedly set the stage for the birth of hip-hop.
Posted inBrooklyn
Derelict Clinton Hill Building a Monument to Hochul Official’s Failed Intervention
Walter Mosley, New York’s new secretary of state, stopped the sale of the government-owned Fulton Street structure a decade ago when he served in the Assembly. Now neighbors are trying again to revive it.
Posted inReal Estate
Google’s New HQ Opens With Only a Fraction of the Nearby Low-Cost Housing Promised by Pols
City Council votes to approve tax breaks for 175 apartments for the elderly, just a fraction of the 500 low-cost apartments local leaders promised a decade ago for the tony spot on Hudson River Park.
Posted inReal Estate
Manhattan Co-op in Crisis Spearheads Push to Cap Land Rent Hikes
Apartment owners from across the city went to Albany this week to push bills to limit how much landlords can charge for building leases, with a boost from Billionaires’ Row residents.
Posted inHousing
Neighborhoods That Most Need Basement Apartment Legalization Left Out of State Pilot
Six of 15 districts in the program to allow subterranean apartment conversions are in Manhattan, a borough with only 1% of the city’s basement and cellars in smaller homes.
Posted inReal Estate
No New Dorm Plan as CUNY Prepares to Raze Hundreds of Affordable Student Rooms
The Brookdale dorms cost students about $7,500 a year and will soon be replaced by a new science campus that includes no student housing.
Posted inMarijuana
How Private Equity Trumped Social Equity in State Cannabis Deal
Confidential documents obtained by THE CITY reveal how Chicago Atlantic Group became one of the biggest beneficiaries of the state’s legalization program.
Posted inDevelopment
How Much Housing Will Hochul’s New Deal Build?
The picture for new development is now brighter, say real estate industry leaders, but much about the future remains cloudy, from getting vacant units back online to building out basement apartments.