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wamc.org

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Hochul, lawmakers near deal to speed up NY housing projects

Gov. Kathy Hochul and legislative leaders are nearing a deal to eliminate a lengthy environmental review for certain housing and infrastructure projects, a move the governor hopes will get apartments and condos built more quickly. The measure is expected to be included in a final state budget agreement, according to...

New York · 04-30
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therealdeal.com

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TRD PolicyPro: Pied-à-terre tax fluctuations, state bill targets condo lawsuit risk

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 there, let’s get into today’s news at the intersection of policy and real estate:. A NYC pied-à-terre tax could generate between $340 million...

New York, NY · 04-30
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Gothamist

partner publisher · 28.5K followers
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Hochul, lawmakers near deal to speed up NY housing projects

Gov. Kathy Hochul tours a new housing development The governor and lawmakers are set to eliminate an environmental review for certain housing projects, though some details remain open. [ more › ]

New York · 04-30

therealdeal.com

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TRD PolicyPro: Menin’s insurance relief pitch falls flat with Mamdani admin

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 there, let’s get into today’s news at the intersection of policy and real estate:. Council Speaker Julie Menin wants to rein in premiums...

New York, NY · 04-29
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101.5 WPDH

partner publisher · 55.8K followers

New York Housing Crisis: Old Hospital In Hudson Valley To Create 1,000 Homes

A long-vacant hospital in the Hudson Valley is finally being transformed, with hundreds of new homes and major upgrades planned.

Port Chester, NY · 04-27

The Staten Island Advance

publisher · 110.0K followers

Real estate leaders advocate for housing access, consumer protections at state Capitol

STATEN ISLAND, N.Y. — A delegation from the Staten Island Board of Realtors traveled to Albany April 21 to meet with state lawmakers and advocate for policies aimed at expanding housing access and strengthening consumer protections. The group held discussions with Assembly members Charles D. Fall, Sam Pirozzolo and...

Staten Island, NY · 04-28

Realtor.com News & Insights

partner publisher · 28.9K followers

World Cup Costs Are Rising—NYC’s Answer Is Free Fan Events

As World Cup ticket prices, transit costs, and short-term rental demand rise, New York is trying to keep locals from being priced out.

New York, NY · 04-27

latination.com

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New York new residential luxury wellnes perk just raised the standard of living

Intravenous vitamins represent the new status symbol in the city’s most expensive residential buildings, surpassing traditional gyms and swimming pools. This residential luxury in New York service allows residents to receive personalized drips for fatigue, jet lag or mental performance in sessions lasting just 30 to 60 minutes without leaving home.

New York · 04-26

New York Post

partner publisher · 1.8M followers

Biz leaders pitch ‘exemption’ to Mamdani and Hochul’s pied-à-terre tax

City business leaders are scrambling to offer socialist Mayor Zohran Mamdani a compromise to his planned tax on luxury second homes after one of the prime targets of his proposal — Ken Griffin of the Citadel investment empire — suggested he may reverse a major expansion in midtown , the Post has learned. Steven Fulop, the newish head of the Partnership for New York City, has been lobbying both the mayor as well as the governor’s office about the potential jobs losses and reduction in tax revenues that would ensue if Griffin did indeed reverse course on Citadel’s planned redevelopment of its NYC headquarters. That project is expected to create thousands of jobs and produce billions in tax revenue. Billionaire Ken Griffin suggested he may reverse a major expansion in midtown after NYC Mayor Zohran Mamdani spotlighted his Manhattan penthouse in a viral video announcing a new pied-à-terre tax. Getty Images for TIME Fulop is making the arguments to city and state officials, he tells the Post, as he pushes for an “exemption” to the luxury home tax plan. Mike Vrabel and Dianna Russini’s photo scandal and more: Letters to the Editor — April 26, 2026 “If a person creates

New York, NY · 04-24

PIX11

partner publisher · 146.9K followers

320 new affordable housing units are coming to NYC

ARVERNE, Queens (PIX11) — Plans are underway for a residential building that will contain affordable housing in the Rockaways, Gov. Kathy Hochul announced on Friday.  The $278 million project is being built on vacant land that was affected by Superstorm Sandy. Known as Averne East Building D, the building will contain 230 affordable rental units […]

New York, NY · 04-25

Hudson Valley Post

partner publisher · 58.7K followers

New York Housing Crisis: Old Hospital In Hudson Valley To Create 1,000 Homes

A long-vacant hospital in the Hudson Valley is finally being transformed, with hundreds of new homes and major upgrades planned.

Port Chester, NY · 04-23

therealdeal.com

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Senseless online commentary corrupts real estate policy debates

As a former editor, I am inclined to correct mistakes. On social media, this is like using your fingers to plug a million holes in a crumbling dike. On Twitter (I still call it that), most of the laymen commenting on New York real estate get something or everything wrong.

New York, NY · 04-25

cityandstateny.com

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Upstate Dems push for pied-à-terre tax outside NYC

Upstate Democratic lawmakers want a piece of the extra revenue pie Gov. Kathy Hochul is serving New York City by taxing luxury second homes in the five boroughs. Last week, Hochul announced a new late budget fight (as she tends to do) – proposing a pied-à-terre tax on second homes in New York City worth $5 million or more that are not rented out full-time or listed as the owner’s primary residence. Details remain scarce with no official language released to lawmakers or the public, but Hochul estimates it will generate a recurring $500 million for the city per year to help chip away at a projected $5.4 billion deficit.

New York, NY · 04-22

therealdeal.com

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The Daily Dirt: Obstacles for Mamdani housing, tax plans

Mayor Zohran Mamdani faces some hurdles to get his housing plan and pied-à-terre tax through Albany. The housing plan, we keep hearing, is coming soon. A major issue will be how he intends to build 200,000 affordable homes over the next 10 years with union labor. His mayoral campaign’s...

New York, NY · 04-22

topclassactions.com

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Empire Hotel Group sued over hotel room prices that increase with hidden fees

Who: Plaintiff Miguel Frias filed a class action lawsuit against Empire Hotel Group LLC. Why: Frias alleges Empire Hotels misleads consumers with hidden fees, known as “drip pricing.”. Where: The Empire Hotel Group class action lawsuit was filed in New York federal court. A new class action lawsuit claims...

New York, NY · 04-22

BuzzFeed

partner publisher · 347.5K followers

MAGA Is Melting Down Over NYC’s New Luxury Tax Plan, But The Jokes About It Are Way Too Accurate

"This is actually one of the scariest things I have seen. It won't stop here." LOL right.

New York, NY · 04-17

nystateofpolitics.com

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Hochul’s 11th-hour tax pitch angers real estate, encourages legislature to push for more taxes

Gov. Kathy Hochul’s eleventh-hour state budget pitch for a new tax on second homes owned by out of towners is winning her support in the legislature — and skepticism from the real estate industry. The move is also encouraging some lawmakers to hold their ground on the larger...

New York · 04-17

qchron.com

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Residents seek co-op-eration

Members of Co-ops and Condos United of New York had a rally Wednesday afternoon at the Hilltop Village Co-op in Queens Village to push back on unfunded mandates such as Local Law 97; increasing taxes; and other laws and policy issues that penalize co-op and condominium owners. Among the CCU’s...

Queens, NY · 04-16

morningbrew.com

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NYC plans to tax rich people’s backup homes

Web-spinning spiders living in penthouses overlooking Central Park might soon see a tax on their dwellings. This week, New York Gov. Kathy Hochul and NYC Mayor Zohran Mamdani announced a proposed tax on non-primary residences in the Big Apple that are valued above $5 million. The measure would affect about...

New York, NY · 04-17