Mayor Zohran Mamdani with Hudson Properties' David Kramer and RBG chair Doug Apple

New York

Politics

Zohran Mamdani is mayor. Here’s what real estate is watching

Blackstone’s Wesley LePatner; Eli Puretz; Zohran Mamdani; Boruch Drillman

Commercial

Here are NYC’s top real estate stories of 2025

Pennrose's Timothy Henkel and First Deputy Mayor Randy Mastro with 22 Suffolk Street and Elizabeth Street Gardens

Elizabeth Street Garden developers reject Adams deal for alternative city site 

Residential

Jack Welch’s widow buys $24M Park Avenue penthouse

Plumber assembling a pipe with money flowing through it

Got gas? All electric? Either way, this law makes you pay

Pennrose executive Dylan Salmons, Mayor Eric Adams and the Elizabeth Street Garden’s Joseph Reiver with the Elizabeth Street Garden

Adams ends mayoralty with final screw-up

Photo illusration of Kamil and Salim Chraibi

Make South Florida brothers’ success possible in NYC

Mayor-elect Zohran Mamdani and Ahmed Tigani

Mamdani appoints Ahmed Tigani as DOB commissioner

SPONY's Ann Korchak, Zohran Mamdani, Eric Adams and REBNY's Jim Whelan

Adams vetoes COPA, housing measures dreaded by real estate industry

Merrill Lynch’s Lliam Finn and Eric Adams

Adams appointee backs out of Rent Guidelines Board

Teddy Volkswagen owner Ted Bessen with 67,000 square feet on 37th Street and Northern Boulevard in Long Island City

Volkswagen vrooms into 2026 with Long Island City flagship

(bottom) Hunts Point Produce Market; (top) rendering of the proposed all-electric Hunts Point Produce Market; (middle) Eric Adams, urora Contractors CEO Anthony Vero, Primus Builders CEO Rich O’Connell and Zohran Mamdani

Hunts Point Produce Market in line for $635M rebuild

NYC’s top deals: Suzy Welch buys Lenox Hill triplex for $24M

Walker & Dunlop's Willy Walker and Fannie Mae's Peter Akwaboah

Walker & Dunlop reports $100M exposure to mortgage fraud

78 Greene Street and Wharton Properties’ Jeff Sutton

Jeff Sutton leases entire Soho retail, resi property

Rendering of 116 Beach 36th Street, Urban Investment Group at Goldman Sachs Alternatives chair Asahi Pompey and L+M Development Partners managing director Sara Levenson

L+M led venture scores $278M debt for resilient housing in Far Rockaway

Vornado never reported any fraud to SEC, says former exec charged with fraud

229 West 28th Street and Lexin Capital’s Metin Negrin

Lexin planning 270-unit conversion in Chelsea

101 Greenwich Street; Quantum Pacific’s Idan Ofer