At REBNY gala, Hochul pledges to “support” real estate
Just five days before the primary election, Gov. Kathy Hochul told a room full of schmoozing real estate professionals...
Politics
Rent board approves first full-year, post-Covid hike: 3.25%
Another rent board vote, another disappointment for tenants and landlords. To the chagrin of both sides, the Rent Guidelines...
Tri-State
New Jersey town settles discrimination suit
A New Jersey town that allegedly used zoning ordinances to discriminate against the Orthodox Jewish community has settled a Department of Justice lawsuit. Jackson Township’s council signed off on the settlement this week, Gothamist...
Tri-State
“Charlie, we did it”: Kushner breaks ground on long-delayed towers
Groundbreaking ceremonies involve snapping photos of executives and politicians throwing dirt into the air in a manner that in...
Dead and buried: 421a is gone. Will it ever return?
The mad rush to qualify projects is over, and with the property tax break 421a expiring today, New York...
Adams pledges to add housing, but won’t say how much
Mayor Eric Adams is promising to create more affordable homes. How many? He won’t say. Standing on the roof...
Budget deal funds relief for property owners, disappoints housing advocates
The city’s budget deal provides some homeowners relief, but falls short of advocates’ calls for heftier investment in affordable...
Hochul advances Penn redesign, but district’s future remains cloudy
The state advanced the $7 billion redesign of Penn Station Thursday, though the fate of the redevelopment of the...
Real estate bids good riddance to good cause eviction … for now
Albany spent the end of its legislative session pushing through items that had become unexpected priorities — and rendered...
National
Real estate agents landed $3.9B in PPP loans: report
Real estate agents reeled in $3.9 billion in loans from pandemic relief loans, a boost made sweeter by the...