Manhattan's Upper East Side Sees $14.9M Luxury Co-op Sale by Investor David Hamamoto Amidst Lordstown Motors Legal Woes
David Hamamoto sold his Upper East Side apartment for $14.9 million amidst a strong luxury real estate market week. The property features views of Central Park and premium amenities.
New York City Tenants and Landlords Brace for Potential Rent Hikes as Rent Guidelines Board Votes on Preliminary Increases
The NYC Rent Guidelines Board voted on potential rent hikes for regulated apartments, drawing backlash from tenants and cautious support from landlords.
New York City's Proposed Hike in Housing Voucher Contributions Sparks Concern Amidst Rising Homelessness
NYC proposes changes to the CityFHEPS voucher system, increasing the rent contribution from 30% to 40% after six years. Mayor Adams won't commit to a rent freeze, while critics fear the voucher changes could worsen homelessness.
New York Attorney General Takes Action Against Capital Region Landlords for Discrimination
NY AG Letitia James has taken action against Capital Region landlords for discriminating against renters with housing vouchers and imposing illegal late fees.
Bill Cosby's Upper East Side Brownstone Hits Market for $7M Amid Mortgage Dispute with CitiMortgage
Bill Cosby's NYC brownstone is for sale at $7M amidst a foreclosure battle with CitiMortgage over an alleged mortgage default. The property, bought in 1980, features 5,000 sq ft, six bedrooms, and an elevator.
Leeding Builders Group Files $3 Million Lawsuit Against Naftali Group for Unpaid Wages on Upper East Side Condo Project
Leeding Builders Group is suing Naftali Group for alleged nonpayment of $3M for The Benson project, and around $15M for work at 200 East 83rd Street, both luxury NYC condos. Naftali countersued, claiming LBG failed to finish the work.
Manhattan's Retail Market Blooms with Lowest Vacancy Since 2017, Diverse New Leases Signal Robust Recovery
Manhattan's retail real estate is rebounding from pandemic lows, with vacancy rates dropping to 14.6% and various high-profile retail leases indicating a revitalizing market.
Governor Hochul Announces Upgrades to Delancey St–Essex St Station and New Mixed-Income Housing at Essex Crossing
Governor Hochul and others announce plans to upgrade the Delancey St–Essex St Station for ADA compliance and to construct a mixed-income housing development at Essex Crossing.
Historic NY Daily News Building Transforms Into Affordable Housing, Applications Open for Manhattan Residents
25 Water Street in Manhattan, formerly the NY Daily News office, is now a residential building with affordable units available through the city's housing lottery.
Billionaire John Paulson Snaps Up Historic Princeton Club of New York Amidst Financial Struggles
Billionaire John Paulson bought the mortgage debt of New York's Princeton Club, which may now be sold or become a new club after financial struggles and membership loss.
From New York's Glitter to Maryland's Shelter, Rockefeller Center Christmas Tree Repurposed for Housing
The iconic Rockefeller Christmas tree is repurposed for housing by Habitat for Humanity, with the 2021 tree used to help build the Hanna family's home in Maryland.
Community Fights to Save Elizabeth Street Garden in Manhattan from Affordable Housing Development
Manhattan's Elizabeth Street Garden may be replaced by affordable housing, despite community efforts to preserve it. An eviction notice was issued, but the garden's supporters continue their legal fight.
Manhattan's Office Buildings Transforming into 1,000+ Mixed-Income Residences Amid NYC Housing Push
NYC plans to convert the HPD headquarters at 100 Gold St. into mixed-income housing with over 1,000 units, as part of a broader trend of office-to-residential conversions.





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