Mayor Zohran Mamdani reopened city-backed ADU financing and opened an application window through June 12, 2026. The Plus One pilot offers up to $395,000 per homeowner but will initially reach only a small number of owners.

Occupied space rose for a fourth straight quarter, vacancy eased and asking rents ticked up — even as leasing cooled across the island.

A Greenwich Village retail condo at 126 Waverly Place sold for $23 million, a sign that prime, walkable storefronts in the Village remain in demand.

A brewery, a natural-wine shop and a children’s design studio have signed ground-floor leases at 420 Carroll, adding new options to the Gowanus waterfront.

Popular Bank has sued Joseph Chetrit, saying he missed months of mortgage payments on his Upper East Side townhouse. The filing adds to mounting creditor pressure on the family.

A 13-story Mount Sinai medical and community facility at 1578 Lexington has begun to rise in East Harlem, bringing outpatient care, a Children’s Aid center and a new church space.

Data and tenant complaints show NYC’s newest luxury buildings average more code violations per unit than the city norm, and enforcement is ramping up.

A developer plans to convert the former Bungalow 8 site at 515 W. 27th St. into luxury residences, Crain's reports. The move fits a broader conversion trend in Chelsea.

Southern Land Company began pre‑leasing Juliette, a 177‑unit luxury apartment community in downtown White Plains, with rents starting at $2,640 per month.

A $402 million public‑private plan will widen sidewalks, add trees and prompt brands to convert leases into ownership as Midtown’s Fifth Avenue retools for heavier foot traffic.

Permits show a six-story, 70-foot development at 1189 Fulton with 11 apartments and a small retail space. Filings name Dezhang Fang as architect of record.

Construction has topped out at 579 Sackett Street in Gowanus: an 11-story, 64-unit rental with ground-floor retail and rooftop outdoor space.

Sagard Real Estate and La Caisse have formed a joint venture to buy industrial outdoor storage yards across U.S. port markets, starting with a Meadowlands acquisition and an initial CAD 490M target.