New York AG Letitia James Wins $4.2 Million Judgment for Defrauded Chinese Immigrant Families in Brooklyn Real Estate Scam
New York Attorney General Letitia James won over $4.2 million for families defrauded by property owner Xi Hui “Steven” Wu, who sold nonexistent condo units in Brooklyn.
New York City Mayor's Attempt to Delay Sale of Pinnacle's 5,100 Apartments Denied by Judge
A judge rejected NYC's delay request on the sale of 5,100 rent-stabilized apartments by bankrupt Pinnacle to Summit Properties, despite tenants' concerns.
New York City Seeks Delay of Pinnacle Group's Bankruptcy Auction to Bolster Tenant Protections
NYC seeks to delay the auction of Pinnacle Group's rent-stabilized apartments to reshape tenant protections and find responsible buyers for the properties in bankruptcy.
Governor Hochul Champions $2 Billion Affordable Housing Initiative Across New York State
Governor Kathy Hochul has announced funding of $2 billion for 24 housing developments to create or revitalize over 6,600 affordable and sustainable homes across New York as part of a broader $25 billion plan.
NY SWIMS Initiative Pledges $63 Million to Expand Swimming Facilities Across New York
Governor Kathy Hochul announced $63 million in funding for expanding safe swimming facilities in New York State, focusing on building up underserved communities through the NY SWIMS initiative.
Governor Hochul Announces Heatherwood Communities to Develop $200M Mixed-Income Housing on Long Island
Gov. Kathy Hochul selected Heatherwood Communities to develop mixed-income housing on derelict state land in East Farmingdale, aiming to provide 495 residential units.
New York City Mayor Eric Adams Unveils Ambitious "Manhattan Plan" to Build 100,000 New Homes
NYC Mayor Eric Adams presents the "Manhattan Plan" to build 100,000 new homes in Manhattan over the next decade, aiming to address the housing shortage.
Chelsea Residents Push Back Against NYCHA Redevelopment Plans Amidst Legal Scrutiny
NYCHA's redevelopment in Chelsea faces pushback from senior residents and legal challenges, with Attorney General James urging a pause to ensure tenant understanding and representation.
New York Transforms Former JFK Hilton Hotel into 318 Affordable Homes in South Jamaica, Queens
The Baisley Pond Park Residences in Queens, a 318-unit affordable housing development converted from an old hotel, is completed as part of New York's $25 billion housing plan.
Mayor Eric Adams Bolsters Rent Guidelines Board with Strategic Appointments Amid NYC Housing Initiatives
NYC Mayor Eric Adams has appointed new and returning members to the Rent Guidelines Board to address the housing crisis, emphasizing continuity and expertise in the decision-making process.
Downtown Revival: San Francisco Roars Back As New York Joins The Office Comeback
A Transwestern report says San Francisco and New York are leading a nationwide office rebound, with leasing up, vacancies easing and weekday foot traffic returning. Local policy moves and AI-driven demand are key parts of the story.
Mayor-Elect Zohran Mamdani to Take on Neglectful Landlords and Housing Crisis in New York City
Zohran Mamdani, as mayor, intends to tackle the housing crisis and take a tough stance on neglectful landlords, potentially seizing buildings from them. His plans, including a rent freeze, have been met with mixed reactions.












