The Airbnb crackdown continues: City targets three more buildings
The city’s crackdown on Airbnb has claimed three more Manhattan buildings. The city hit the trio of buildings and...
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Do you work for the city? Then your cubicle is about to get smaller.
Interior architects may want to give the Department of Citywide Administrative Services a call: the city is reducing the...
City overvalued Podolsky portfolio by $26M, uncovered docs show
The city’s $173 million purchase of 21 buildings from the Podolsky brothers has attracted scrutiny because of the sellers’...
“The system is broken.” Real estate world clashes with NYC politicians at rent regulation panel
In the next two weeks, state lawmakers are expected to pass the most sweeping rent regulation reform package in decades. It has the city’s...
Brooklyn-Queens streetcar project may not fund itself
A leaked internal city memo shows the proposed Brooklyn-Queens streetcar is facing “serious financial challenges” and may not actually...
Landlords win battle with City Hall over water rate rebate
Landlords won a battle with City Hall Monday over the city’s 2.1 percent water rate increase after a state...
Urban Muse scores $67M in financing for 1 Beekman
Developer Urban Muse landed $67 million in construction financing for its planned 25-story residential building at 1 Beekman Street...
Thor Equities pays $11M for City Hall retail
UPDATED: 7:30 a.m., April 5: Joe Sitt’s Thor Equities purchased a retail cooperative unit at 38 Park Row with...
Development site to hit hot FiDi market
Amid a bustling residential market in the Financial District, a property near City Hall was put on the market recently that could sell for more than $50 million. That works out to $700 per...
Costs of City Hall repair rises — again
For the second time in a year, the estimated cost of City Hall’s rehabilitation has increased by millions. According to the New York Post, Mayor Michael Bloomberg allocated an additional $25 million to the...
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