Carnegie House co-op wins new shot in ground lease fight
Co-op owners at Carnegie House avoided — at least, temporarily — a rent reset that would have more than quintupled the ground rent on their building. A New York appellate court on Thursday overturned an arbitration award that would have allowed the owners of the land underneath 100 West 57th Street
NY AG bans Brooklyn developer for six years over misused buyer funds
Brooklyn developer and aspiring airline mogul Ezra Unger has been banned from selling condos in New York state for six years. An investigation by the New York Attorney General’s office found that Unger sold units and collected payments from buyers for a condo project at 427 Marcy Avenue in Williamsb
Mamdani wants to “recognize” tenant unions. What would that look like?
Mayor Zohran Mamdani seems to be all-in on tenant unions, the latest administration priority that could spell big changes for New York landlords. Tenant associations were a key part of the mayor’s “Rental Ripoff” report, which included plans to float legislation to “legally recognize” the groups.
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