Tishman Speyer closed roughly $214M in financing to build a 300-unit affordable tower at Edgemere Commons in Far Rockaway, including supportive units and ground-floor retail. Construction is slated to start soon.

Residents at 907 Fifth Avenue have sued their co‑op, alleging forged audit papers and years of opaque accounting after a protracted plumbing dispute. The complaint seeks damages and a retroactive accounting to 2019.

A rezoning application would let a developer replace industrial lots with a 10‑story, 296‑unit building at Linden Place, including retail and about 25% affordable units.