SomeraRoad’s SR Aviation Infrastructure bought over 50 acres at Farmingdale’s Republic Airport to build modern private‑jet hangars aimed at easing New York‑area capacity strains. The deal combines the Republic Jet Center parcels and a long‑planned Stratosphere development.

A new Bronx housing lottery at The Plains lists studios and one‑bedrooms under $1,000; applications can be requested by phone or email.

An appellate panel declared a U.S. Bank mortgage unenforceable under New York's FAPA and ordered the lien removed from Putnam County records after repeated filings dating to 2008.

Citi pledged $60B over five years to create or preserve 250,000 affordable homes and will deploy $50M in grants. Key details on how much is new capital and local allocation timelines remain unclear.

The state approved a $5.9M sale for the lot where the Dangler Mansion once stood. Community groups say the escrowed proceeds and ongoing court fights leave the site’s future uncertain.

A state audit found mold, broken fire doors and questionable spending at three Mitchell‑Lama complexes. Tenants say repairs remain slow and hazardous conditions persist.

Turner Construction and Brookfield sued three insurers after carriers allegedly denied coverage tied to a 2020 injury at 666 Fifth Avenue. The case tests who must pick up the tab when subs fall outside a wrap‑up program.

Prism has acquired 10 former Sonder properties and relaunched several in Long Island City and New Orleans as Belvilla District 6, with bookings appearing on OTA pages today.

Crews have begun clearing the Citi Field parking lot as prep work starts for the $8 billion Metropolitan Park casino, bringing fresh parking and transit questions. Developers promise parks and jobs while legal and lease issues loom in the background.

A renovated Brooklyn Heights townhouse reportedly closed at $14.99 million, the borough's top residential sale so far in 2026. The conversion by Eckstrom pairs minimalist finishes with century-old bones.

Modern Spaces opened a Wynwood office and is pre‑leasing an Edgewater project as founder Eric Benaim bets on another wave of Miami in‑migration.

Affordable‑housing winners say steep amenity fees in new mixed‑income towers lock them out of gyms, lounges and pools. Tenants and advocates want clearer rules.

A Bloomberg analysis finds wealthy buyers are combining townhouses into double‑wide mega‑mansions, erasing hundreds of rental units and reshaping neighborhoods like the West Village.