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Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aMacerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loanRent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlords“You’ve gotta get going right now”: Marc Holliday on Hochul’s office-to-resi bill “You’ve gotta get going right now”: Marc Holliday on Hochul’s office-to-resi bill 
New York

The Wrap: Cuomo proposes $450M LaGuardia AirTrain, top misconceptions about rent stabilization … and more

An aerial view of Hart Island
An aerial view of Hart Island

1. Cuomo proposes $450 million AirTrain to LaGuardia [Crain’s]
2. Most prevalent misconceptions about rent-stabilization [BrickUnderground]
3. Chinese interest bolsters NYC, London prices [Bloomberg]
4. Lower East Side community board approves community garden district[Bowery Boogie]
5. Slideshow of Staten Island’s Benzinger House [Silive]
6. Shake Shack expecting $80 million in IPO [NYP]
7. Ex-graveyard Hart Island could soon be a park [NYDN]

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— Tess Hofmann