
Policy Pro: City rejects buyer protections for pied-à-terre tax, Council seeks rental benefit boost
This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to get early access here. Hi, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: City Council member Farah Louis, Department of Finance, the Department o

Buckling scare puts MetroLoft’s ‘scoop-and-stack’ playbook under microscope
The dramatic structural failure at MetroLoft’s conversion of Pfizer’s former Midtown headquarters is drawing attention to one of the developer’s signature redevelopment techniques. The temporary evacuation around 235 East 42nd Street earlier this month, after columns buckled and floors sagged during

Jack Welch’s widow sells Upper East Side townhouse for $23M
Suzy Welch has completed her push to downsize on the Upper East Side. The author and widow of former General Electric CEO Jack Welch sold her Upper East Side townhouse at 160 East 81st Street for $23 million, property records show. Welch had listed the home in November with Corcoran’s Deborah Grubm
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