Market
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Steve Croman Defaulted on $217 Million, Lenders Say
Infamous Manhattan landlord Steve Croman is dealing with more than 28 active foreclosure lawsuits targeting properties he controls. In total,…
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Judge Dismisses Lawsuit Against City of Yes
A legal case trying to nullify the City of Yes rezoning was dismissed in Staten Island state court Wednesday. The…
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Real Estate Reacts to Zohran Mamdani’s Win
For some in the real estate industry, their worst fears became a reality Tuesday night. A Democratic socialist is heading…
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NYC City Council Greenlights Jamaica Rezoning
The City Council on Wednesday approved the rezoning of 230 blocks in Jamaica, Queens, marking the fourth neighborhood rezoning approved…
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Eli Karp’s Troubled Flatbush Development Returns To Lender
Eli Karp’s troubled Flatbush development site has gone back to its lender in a credit bid. Madison Realty Capital took…
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Vornado’s 650 Madison Sent to Special Servicing
A Class A office building that touted high-end tenants like Ralph Lauren has been transferred to special servicing. The borrower…
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Mamdani, Cuomo and Sliwa Talk Housing, Property Taxes
There’s one thing New York City mayoral candidates all agree on: property tax reform is a lightning rod. But despite…
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Elliman’s Steven Cohen latest to leave firm for Corcoran
Another Douglas Elliman agent has made the jump to Corcoran. Broker Steven Cohen and his 10-person team are returning to…
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NBA Commissioner Sells Upper West Side Co-op for $8.5M
NBA Commissioner Adam Silver has had his hands full this offseason: an investigation into tampering claims made against the Los…
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Milford Faces Lawsuit from Condo Board over Phishing Scam
A malicious email has turned into a nightmare for Milford Management Milford Management was allegedly duped into handing over $19…
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