LIC Affordable Tower Snags $136.5 Million Refi Deal
Related and Phipps Houses closed a $136.5M Fannie Mae‑backed refinancing for the 619‑unit Hunter’s Point South Commons in Long Island City. The deal arrives amid LIHTC resyndication and federal bond‑rule changes that could affect preservation options.
Letitia James Sues Trump Over $8 Billion Energy Grant Freeze
Letitia James joined a multistate lawsuit seeking to restore nearly $8 billion in energy grants she says the administration unlawfully terminated. The filing argues the rescissions were arbitrary and threaten projects and jobs across New York.
JFK’s New Mega Terminal Promises Fast-Track Passport Checks For New Yorkers
New Terminal One at JFK will use CBP’s Enhanced Passenger Processing — a free, no‑enrollment facial‑match system that could let eligible U.S. citizens move through passport control in seconds. Officials say travelers can opt out and a manual lane will remain.












