• Wading through NYC’s messy pied-à-terre tax rollout,
The Real Deal

    Wading through NYC’s messy pied-à-terre tax rollout

    New York City’s public rollout of a new, controversial tax on pieds-à-terre got off to a rocky start. Last week, the Department of Finance sent notices to homeowners across the five boroughs whose properties could be subject to the surcharge — an apparently wide-net approach that notified primary re

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  • Even Mamdani’s favorite landlords are exasperated,
The Real Deal

    Even Mamdani’s favorite landlords are exasperated

    When Mayor Zohran Mamdani vilifies landlords, he’s not talking about Ismene Speliotis. In the mayor’s simplistic world of good and evil, she would be called a “high road” landlord. She runs Mamdani’s favorite kind of business, an affordable housing nonprofit. She testified for one of his favorite bi

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  • Related’s 70 Hudson Yards is coming online at the right
time,
The Real Deal

    Related’s 70 Hudson Yards is coming online at the right time

    With little new office construction on the horizon and tenants racing to secure trophy space, Related Companies’ latest Hudson Yards tower appears to be arriving at just the right moment. After landing Deloitte as an anchor tenant for 900,000 square feet at its under-construction 70 Hudson Yards tow

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