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Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aCharles Cohen’s 750 Lex value slashed by 83%, foreclosure loomsCharles Cohen’s 750 Lex value slashed by 83%, foreclosure loomsVC Neil Mehta buys seven storefronts in SF’s Pacific HeightsVC Neil Mehta buys seven storefronts in SF’s Pacific HeightsDemand rebounds in SF condo market as pricing meets the marketDemand rebounds in SF condo market as pricing meets the market
New York

Holding out in Hudson Yards

Some property owners refuse to sell out to developers, even when offered big bucks

Abington House dwarfs a 5-story walkup, left; Scores strip club is sandwiched by new developments.
Abington House dwarfs a 5-story walkup, left; Scores strip club is sandwiched by new developments.

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From the April issue: Small property owners and New York City developers have been facing off since that adage about location in real estate was coined. And every once in a  while, those contests of wills turn into lasting stalemates. [more]