City Council to Mamdani: No need to raise property taxes
The City Council found a $6 billion alternative to raising property taxes and dipping into the city’s reserves. The mayor says the proposal is “unrealistic.” The proposed savings, according to the City Council’s 60-page response to Mayor Zohran Mamdani’s $127 billion preliminary budget, avoid the ma
Full-floor condo at Flatiron Building asking $59M lands contract
The Flatiron Building has found a buyer for its most expensive listed condo. Spanning the entirety of the 21st floor in the historic building, Unit 21 was asking $58.5 million when it went into contract, according to StreetEasy. The home spans over 7,400 square feet and has five bedrooms and five
9 West sets new record for Manhattan office rent
New York’s office market has a new high-water mark — the latest sign of the growing divide between struggling, outdated buildings and Manhattan’s high-demand towers. Stefan Soloviev’s Soloviev Group signed a lease at 9 West 57th Street at $327.50 per square foot. That surpasses the previous record
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