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Neponsit, NY · Real Estate

therealdeal.com

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Inside Mamdani’s NYC housing blueprint

Mayor Zohran Mamdani spent months campaigning on a promise to freeze rents and aggressively tackle New York’s housing crisis. This week, the administration finally showed what that looks like in practice. The mayor’s 112-page housing blueprint, dubbed “Block by Block,” lays out an ambitious and politically complicated strategy that...

New York, NY · 05-31

wheninyourstate.com

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14 Reasons Why Americans Are Leaving New York in 2026

New York has iconic cities, world-famous culture, unmatched energy, and enough pizza opinions to start family feuds for generations. But in 2026, many Americans are deciding the Empire State simply costs too much, moves too fast, and demands too much stress to stay forever. Between sky-high housing prices, crushing taxes, brutal winters, and nonstop pressure, plenty of New Yorkers are quietly heading for states where life feels a little less financially aggressive.

New York · 05-26

WebProNews

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New York’s Tax on Billionaires’ Empty Luxury Homes: Victory for Mamdani, Questions for the Balance Sheet

New York’s Tax on Billionaires’ Empty Luxury Homes: Victory for Mamdani, Questions for the Balance Sheet. New York state lawmakers have approved a tax on multimillion-dollar second homes in New York City. The measure, backed by Gov. Kathy Hochul and Mayor Zohran Mamdani, targets properties worth more than $5 million owned by people who do not live there full time. It passed as part of the delayed state budget on May 28. And it marks a rare point of alignment between the progressive mayor and the more moderate governor.

New York · 05-29

beckershospitalreview.com

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Retirees trade vacation homes for ‘med-à-terres’ near specialists

A growing share of wealthy retirees who left New York City during the pandemic are purchasing second properties to stay close to their physicians, The Wall Street Journal reported May 28. While a “pied-à-terre” is a second home located near the city for business or leisure, the “med-à-terre” gives affluent...

New York, NY · 05-28

New York Post

partner publisher · 1.8M followers

Hochul’s pied-à-terre tax will hurt regular folks, retirees because of property-value fallout: critics

Gov. Kathy Hochul’s proposed pied-à-terre tax on pricey second homes won’t just soak the jet-setting super rich — it also will nail hard-working families and retirees who live in the same buildings, critics charge. Managers at the landmark luxury Manhattan House Condominium at 200 E. 66th St. recently fired off a letter to state Sen. Liz Krueger and other pols griping about the plan — which Democratic Socialist Mayor Zohran Mamdani wholeheartedly backs . Critics warn Gov. Kathy Hochul’s pied-à-terre tax will hit regular families and retirees, not just the super-rich. Lone Pine Press for NY Post The building overseers warned that the planned surtax on second homes worth more than $5 million in the city could impact the property values of every owner who lives in the same co-op and condo building because it makes the sites unattractive for future buyers. That decreases everyone’s property values, the opponents said. “Based on publicly available market data, Manhattan House represents well over $1 billion in residential property value. That value is not held only by absentee investors or speculative buyers. It is held by residents, families, retirees, long-time New Yorkers, and owners who rely on the stability and liquidity of the

New York, NY · 05-24

City Limits

publisher · 4.6K followers

Mamdani’s Housing Plan To Overhaul How City Responds to Tenants’ Heat Complaints, Other Code Violations

The Mamdani administration will announce a series of reforms Tuesday to improve how the city enforces building violations, part of its broader plan to build and preserve new housing across the five boroughs. Mayor Zohran Mamdani will release his administration’s housing plan Tuesday morning as the city faces an persistent...

New York, NY · 05-26

therealdeal.com

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PolicyPro: Unpacking Mamdani’s housing plan

This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to get early access here. Good afternoon, let’s get into a special edition of PolicyPro that digs into new initiatives and conflicts emerging out of Mayor Zohran Mamdani’s sweeping housing plan unveiled Tuesday:

New York, NY · 05-26

qns.com

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NY’s 7th District, District 37 candidates outline platforms at Ridgewood Property Owners and Civic Association forum

On Thursday, May 7, the Ridgewood Property Owners and Civic Association held two candidate forums for the 37th Assembly District and New York’s 7th Congressional District at Ridgewood Older Adults Center, located at 59-14 70th Ave. A field of six hopefuls answered questions and presented their positions on property taxes, housing affordability, community safety and other relevant issues.

New York, NY · 05-25

Newsweek

partner publisher · 1.8M followers

New York Governor Predicts Fewer Will Pay New Housing Tax

Kathy Hochul's revised NYC pied-à-terre tax will hit fewer homes, targeting luxury second residences.

New York · 05-18

POLITICO

partner publisher · 545.8K followers

Hochul’s pro-housing push sees meager pick up in NYC suburbs

The governor is hoping carrots will move the needle on housing growth after failing to get sticks through the state Legislature three years ago.

New York · 05-18

habitatmag.com

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Gov. Hochul Says Fewer Apartments Would Be Hit by Pied-a-Terre Tax

For opponents of a proposed pied-a-terre tax, the sky is not falling quite as drastically as they'd originally feared. Gov. Kathy Hochul projects that roughly 10,000 New York City properties would be subject to her proposed new tax on luxury second homes — down sharply from an initial estimate of about 13,000, Newsweek reports.

New York, NY · 05-19

NJ.com

publisher · 296.9K followers

Former judge, developer charged with $6.5M real estate fraud in N.J.

A former New York judge and a developer teamed up to peddle bogus real estate deals, including one involving a Monmouth County property, cheating two investors out of millions, federal authorities said. FBI agents on Wednesday arrested former Kings County Supreme Court Justice Edward Harold King and developer Sam Sprei...

Monmouth County, NJ · 05-13

Herald Community Newspapers

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Nick Guariglia: Long Island works for me. Let’s address affordability.

I’m a Long Islander. This place is more than where I live; it’s part of who I am. My bacon, egg and cheese comes from L.I. Bagel Cafe. Growing up, I spent summers at Tobay with my family, and now I spend beach days in Long Beach with my own kids. We take day trips to the East End, both the North and South forks, and we explore quaint villages along the North Shore.

Long Island, NY · 05-15

City Limits

publisher · 4.6K followers

NYCHA Tenants Can Sit Down With City Officials at 3 Forums Kicking Off Next Week

The events will be a chance for public housing residents—some of whom felt left out by Mamdani’s earlier ‘Rental Ripoff’ hearings—to provide direct feedback and share concerns with city leaders. Earlier this spring, Mayor Zohran Mamdani asked the city’s tenants to show up to a...

Manhattan, NY · 05-13

therealdeal.com

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PolicyPro: Gotham Org project heads for City Council clash, Mamdani pitches housing fixes

This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to get early access here. Hey there, let’s get into today’s news at the intersection of policy and real estate:. City planning officials approved the Monitor Point apartment complex,...

New York, NY · 05-13

mannpublications.com

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New Standardized Alteration Agreement for NY Cooperative Apartments, Not Condominiums

On March 18, 2026, New York State and New York City Bar Associations adopted a standardized agreement for alterations in New York City. The agreement is designed for cooperative buildings, not condominiums, but is being pushed at condominiums as well. This is a major weakness, and condominium boards and managers should be cautious using this agreement. Condominium boards and managing agents should not attempt to use this agreement as it will not comply with the condominium declarations and by-laws.

New York, NY · 05-11

therealdeal.com

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“Agents can get lost in the sauce”: NYC’s indie firms push back on consolidation

As consolidation reshapes residential real estate, smaller firms in New York are touting new opportunities — and betting their survival on the rising tide of giants helping them stand out. Earlier this week, Corcoran president and CEO Pam Liebman and Brown Harris Stevens CEO Bess Freedman traded jabs on...

New York, NY · 05-09

cityandstateny.com

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Hochul’s housing commissioner touts environmental review reforms at affordable housing event

Gov. Kathy Hochul’s newly announced (and mostly finished) state budget deal was the talk of City & State’s Affordable Housing Summit on Thursday. “There’s a buzz in the air, the big news of the governor’s announcement,” said Edith Hsu-Chen, executive director of the New York City Department of City Planning.

New York, NY · 05-08

News 12

partner publisher · 479.4K followers

‘Prepare for fewer repairs.’ Property owners say rent freeze will price out preventative maintenance

New York · 05-09