
Landlord targeted by Mamdani facing foreclosures on $36 million in loans
A New York landlord targeted by Mayor Zohran Mamdani is facing tens of millions of dollars in foreclosure cases. Rajmattie Persaud is connected to four foreclosure cases tied to about $36 million in loans from the former Signature Bank, according to complaints filed this month in Queens County Supr

Final full-floor condo at 565 Broome tops Manhattan contracts
A deal for a full-floor residence at 565 Broome Street topped Manhattan’s luxury contracts, inching out a former Victoria’s Secret CEO’s townhouse. The contract was one of 27 signed for homes asking at least $4 million between June 22 and June 28, according to a report from Olshan Realty. Buyers sig

Soho reminds retailers of sector dominance
Soho remains a king of the trophy retail sector, leading the nation in sales in the first quarter, according to one report. The Manhattan neighborhood accounted for six of the 14 trophy sales tracked by Adirondack Capital Partners from January to March, the Commercial Observer reported. The dozen-pl
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