Chelsea Housing Showdown: Judge Slams Brakes On NYCHA Demolition Plan
A judge has temporarily paused demolition of the Fulton and Elliott‑Chelsea NYCHA complex as tenants press a legal challenge. The order halts early work and vacate notices.
Verizon Ditches Manhattan HQ Deal, Quietly Shops Penn 2 Space
Verizon has listed the nearly 200,000 square feet it preleased at Vornado’s PENN 2 for sublease, reversing its July 2025 Manhattan headquarters plan and raising fresh questions for Midtown leasing.
City Environmental Labs Bolt Flushing For 155K-SF LIC Megadeal
NYC DEP will consolidate its Queens lab and offices into a 155,000‑sf Long Island City space under a 20‑year lease. City filings show the agency will cover more than $105M in fit‑out costs.
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.
Williamsburg's 19th-Century Brewery Relic Stares Down the Wrecking Ball
A 19th‑century brick brewery at Meserole and Lorimer looks set to be cleared after a $19.6M sale; demolition filings are pending and DOB approvals will set the timeline.
New York City Mayor Mamdani Appoints Six New Members to Rent Guidelines Board Amid Housing Challenges
NYC Mayor Mamdani appoints six to the Rent Guidelines Board, including Chantella Mitchell as Chair, aimed at balancing tenant needs and economic realities.
Shuttered Roosevelt Hotel Poised For Mega Midtown Comeback In US‑Pakistan Deal
Pakistan and the U.S. signed an MOU to jointly redevelop Midtown’s Roosevelt Hotel, moving the PIA‑owned block from shelter to a potential multi‑billion‑dollar project.
Mayor Mamdani Breaks Ground on Timbale Terrace, Spearheading New Affordable Housing Initiative in East Harlem
Groundbreaking begins on Timbale Terrace in East Harlem, a 100% affordable housing project with 341 homes, a community arts center, and support for the homeless and youths exiting foster care.
Bay Ridge Brawl Over Former Modell's Site Puts Trampoline Park on the Spot
A landlord-tenant fight and a broker's lawsuit have sprung up at Bay Ridge's former Modell's storefront, tying a family trampoline park into litigation. The disputes allege unpaid rent, missed deadlines and a contested commission.
Brooklyn's SUNY Downstate Hospital Set for Expansion After Governor Hochul Approves Demolition of Outdated Parking Structure
Governor Hochul approved a contract to demolish an old garage at SUNY Downstate Hospital, advancing a plan to build a new annex for cardiology and oncology services.


-2.webp?max-h=350&w=550&fit=crop)









