• Mamdani’s new “bad landlord” strategy,
The Real Deal

    Mamdani’s new “bad landlord” strategy

    Are you a high-road landlord or a low-road landlord? That’s the question owners are being faced with after Mayor Zohran Mamdani’s much-anticipated “rental ripoff” report came out this week. It’s a small but important nomenclature change. Instead of ripping into a vague, undefined group of “negligent

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  • How the Pfizer building scare could push developers to
rethink vertical conversion plans,
The Real Deal

    How the Pfizer building scare could push developers to rethink vertical conversion plans

    Following the near collapse of the Pfizer building conversion project last week, the industry has grappled with the potential impacts of the alarming structural failure. Aside from the consequences for the project itself, such as construction delays and financing constraints, real estate players are

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  • NYC’s top deals: BD Hotels offloads The Blakely hotel for
$39M,
The Real Deal

    NYC’s top deals: BD Hotels offloads The Blakely hotel for $39M

    There were 188 transactions totaling $322 million filed in New York City records in the 24 hours before 4 p.m. on Friday, July 17. Residential: The most expensive recorded home sale was in the East Village, where Elizabeth Martin scooped up a four-bedroom condo at 80 East 10th Street for $7 million.

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