NYC’s top deals: Reuben brothers sell Surrey pad for $26M
There were 224 transactions totaling $434 million filed in New York City records in the 24 hours before 4 p.m. on Wednesday, July 8. Residential: The most expensive home sale recorded in New York was on the Upper East Side, where a nearly 5,000-square-foot condo at Reuben Brothers’ Surrey Residences
Hochul awards $1B in bonds, subsidies to affordable projects
New York State awarded $1 billion in housing bonds and subsidies in the latest push from Gov. Kathy Hochul as part of her broader $25 billion five-year housing plan. The funds were awarded by New York State Homes and Community Renewal to 12 housing development projects that aim to create or preserv
Smoking gun: Former state official reveals secret decision that kneecapped landlords
In 2023, under pressure from lawmakers, tenant organizers and New York Attorney General Letitia James, state housing regulators secretly changed a policy to make it harder to remove buildings from rent stabilization. No public discussion was held, nor was any notice given to the real estate industry
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