NY Dirt: Mamdani-backed sweep, rent freeze set up Albany fight
Last week’s primary contests and the subsequent rent freeze vote were a one-two punch for the real estate industry. Both further dimmed hopes for favorable city and statewide policy, while setting up potential legal challenges from those who oppose the board’s determination. After the Rent Guidelin
Rent freeze redraws math for New York landlords
New York City’s rent-stabilized landlords got the policy outcome they feared for months: no rent increase at all. The Rent Guidelines Board voted 7-1 Thursday night to freeze rents on both one- and two-year rent-stabilized leases, handing Mayor Zohran Mamdani a political victory and cementing one of
NYC’s top deals: Witkoff, Access Industries snag $24M for One High Line penthouse
There were 295 transactions totaling $488 million filed in New York City records in the 24 hours before 4 p.m. on Friday, June 26. Commercial: The top commercial deal recorded in New York was on the Lower East Side. Shinko Co., which provides dry cleaning equipment, paid $24 million for a six-story,
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