New York City's Broker Fee Ban to Commence, Shifting Financial Burden from Tenants to Landlords
A federal judge in NYC has cleared the way for a broker fee ban, set to start on June 11, that will shift the fee from tenants to landlords unless renters hire the broker themselves.
New York City Strikes Deal to Increase Affordable Housing in Hudson Yards West
NYC Mayor Eric Adams secured a deal with Related Companies for 625 affordable homes in Hudson Yards West, up from 420. This part of a $12 billion project includes public space and possible infrastructure funded by tax revenues.
New Law Eliminating Broker Fees Set to Benefit NYC Renters Amid Real Estate Board's Last-Ditch Challenge
A new law to eliminate broker fees for most NYC tenants is set to begin, with the Real Estate Board of New York attempting to delay its implementation through a court challenge.
Staten Island Celebrates Completion of Lighthouse Point Development with New Housing and Commercial Spaces
The Lighthouse Point project on Staten Island's waterfront completed its initial phase, providing 115 residential units, 60,000 sq. ft. of commercial space, and 274 parking spots, with state support of $16.5 million.
Governor Hochul Announces $45.9 Million Boost for Supportive Housing in New York
Governor Hochul boosts funding by $45.9M through the Empire State Supportive Housing Initiative to aid NY's homeless, including veterans and individuals with mental illness or substance abuse issues.
New Affordable Senior Housing Development Unveiled by Governor Hochul and Mayor Adams in the Bronx
Governor Hochul and Mayor Adams announced the completion of a 117-unit senior housing project in the Bronx, part of a $25 billion plan to create affordable homes in New York.
New York City's Atlantic Avenue Mixed-Use Plan Garners Approval, Promising 4,600 Homes and Job Growth in Central Brooklyn
Mayor Eric Adams celebrates the NYC Council's approval of Atlantic Avenue Mixed-Use Plan to create 4,600 homes and 2,800 jobs with a $235 million investment, despite concerns over gentrification.
Eviction Tensions Rise in NYC as Publicly Funded Landlords Seek Warrants Against Vulnerable Tenants Amid Calls for Housing Court Reform
NYC landlords with public funds seek eviction warrants against nearly 300 tenants for unpaid rent, while small landlords endure legal disputes impacting their finances and well-being. Calls grow for better oversight and reform in the housing system.
Manhattan’s Housing Boost as 5 Times Square Prepares for Residential Revamp with 1,250 New Homes
Mayor Adams and Governor Hochul announced plans to convert office space at 5 Times Square into up to 1,250 residential units, including affordable homes, leveraging recent legislative changes and tax incentives.
New York City Launches Public Review for Major East Harlem Mixed-Use Development with Nearly 700 Homes
Mayor Eric Adams has initiated a review for a new 38-story mixed-use tower in East Harlem, New York, which would add nearly 700 homes, including affordable units, as part of the city's housing strategy.
New York City Bolsters Nonprofit-Controlled Shelters, Pilots Accountability Program Amid Homeless Crisis
NYC aims to improve homeless shelters by enabling nonprofits to develop and own them, exemplified by a new 95-bed facility in the Bronx. Critics worry that new shelter policies demanding accountability may increase street homelessness.
The Doe Fund Expands Mission in the Bronx with New Affordable Housing Initiatives
The Doe Fund is expanding its services in the Bronx by building three new affordable and supportive housing facilities, with one development on Webster Avenue already in progress.
Brooklyn Unveils Logan Fountain with Over 340 Affordable and Transitional Housing Units in Collaborative NYC Effort
New affordable housing development Logan Fountain, providing over 340 units, has been completed in Brooklyn's Cypress Hills, offering both permanent and transitional housing options.












