New York City Introduces More Affordable Housing Options with Rents Starting Under $1,000
Housing Connect lists affordable apartments in NYC, with rents under $1,000, featuring options in Queens and a Madison Avenue high-rise with a housing lottery.
Historic Times Square Properties Sold for $48 Million, Poised for Commercial Revival
Manhattan's Times Square West properties have been sold for $48 million to a partnership of real estate firms, with Cushman & Wakefield facilitating the transaction.
Former Dylan's Candy Bar Location on Upper East Side Faces Foreclosure Lawsuit
The former location of Dylan’s Candy Bar on the Upper East Side is subject to a foreclosure suit as Olshan Properties allegedly failed to pay a $35 million mortgage.
New York City Offers Tax Breaks to Homeowners Building Accessory Dwellings Amidst Housing Crisis
New York City homeowners could get property tax breaks for creating ADUs, an initiative under the City of Yes zoning overhaul to address the housing crisis.
Bronx Building Collapse Leads to Regulatory Reforms Contractor Violations and Engineer Suspension
The Bronx building collapse investigation blames the contractor for not catching a critical engineer's error, leading to a catastrophic event with regulated aftermath and professional consequences.
New York City Hotel Scene Shuffles as Veteran Hotelier Sam Chang Nears Retirement with Multi-Million Dollar Sales
Hotelier Sam Chang sells a Holiday Inn Express in Manhattan for nearly $60 million, indicating a move towards retirement with a series of property sales.
Billionaire Bill Ackman Puts Two Beresford Apartments on the Market for Nearly $20M in NYC's Upper West Side
Bill Ackman is selling two luxury apartments in the Beresford building for $19.9 million, potentially at a loss from their $22.1 million purchase price.
New York's "City of Yes" Housing Plan Advances Amid Local Debate, Awaiting City Council's Determining Vote
Mayor Adams' "City of Yes" housing plan passed a City Planning Commission vote and faces City Council review amidst mixed reactions regarding zoning changes and parking mandates.
Struggle for Profitability in Queens Amid Soaring Costs and Gentrification, Property Owners and Residents Grapple with Housing Pressures
The article discusses the dilemma of maintaining affordable housing in Queens, NY, amid rising costs and gentrification, highlighting financial strains for property owners and displacement fears for tenants.
Four Seasons Hotel in Midtown Manhattan Reopens, Restores Status as NYC's Most Expensive Amid Increased Room Demand
The Four Seasons Hotel New York is reopening after a COVID-19 pandemic closure, adding 368 rooms to a tight hotel market and reaffirming its status as the city's priciest hotel.
Decline in Migrants Leads to NYC Shelter Closures, Hotel Industry Faces Reconversion Crossroads
NYC migrant shelters are closing as arrivals decrease, with more leaving than arriving. The city's shelter system may take two years to stabilize, and hotels are hesitating to convert into housing due to regulatory and financial hurdles.
Renters in NYC Face Rising Costs, New Law Shifts Broker Fees from Tenants to Landlords
The NYC housing market sees rising rents amidst a tight competition, with a new law passing to shift broker fees from tenants to landlords, causing uncertainty among real estate groups.
Stonehenge NYC Expands Upper East Side Portfolio with $128M Acquisition of The Hanley Luxury Building
Stonehenge NYC acquires The Hanley, a luxury rental building on the Upper East Side, for about $128 million from CIM Group, with Acore Capital financing the deal.












