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9/17/2021 Eric Adams’ Approach to Real Estate as Mayor? See His Borough Presidency—Commercial Observer

Two weeks before the June primary, Eric Adams let a gaggle of reporters root around the inside of his three-story, Bedford-Stuyvesant brownstone.
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9/17/2021 Kathy Hochul Gets High Marks for Now From the Real Estate Industry—Commercial Observer

“Ugh.” So texted John Catsimatidis, owner of the Red Apple Group, along with a link to an article about New York Gov. Kathy Hochul signing a bill to extend the eviction moratorium.
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9/13/2021 SJP claims final victory in 200 Amsterdam fight—The Real Deal

A three-year fight over the Upper West Side’s controversial 200 Amsterdam condominium tower has come to an end as New York’s highest court rejected an effort by opponents to overturn a ruling that allowed the 52-story tower to stand.
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9/13/2021 FY 2022 Will Herald Prevailing Wage Requirement for Tax Abatements—JD Supra

On Labor Day, Governor Kathy Hochul signed Senate bill S6350A that prohibits most individual unit owners or shareholders in condominiums (condos) or cooperatives (coops) from obtaining or maintaining tax abatements under section 467-a of the real property tax law if their boards do not pay their service employees prevailing wages.
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9/9/2021 Telecom Mogul Michael Hirtenstein Saves $10 Million on Hamptons Purchase—Yahoo! Lifestyle

Last week, property transfers revealed that telecom zillionaire/restaurant entrepreneur/serial NYC apartment buyer Michael Hirtenstein paid just $15 million for an unfinished condo home at 2 West Water Street, Sag Harbor, in New York’s Hamptons.
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9/9/2021 New York City real estate had a hot vax summer—Business Insider

The Delta variant is no match for New York City real estate, which is hotter than ever after a pandemic slump.
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9/8/2021 Kushner-Kloss condo leads luxury market’s busiest late-August week since 2006—The Real Deal

Manhattan’s luxury market just had its busiest week-before-Labor Day in 15 years.
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9/8/2021 How Do I Hold a Co-op Board Accountable for Discrimination?—The New York Times

Q: My partner and I submitted an application to buy a co-op in Dumbo, but the board rejected us despite our solid financials and a sterling board package.
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9/7/2021 Manhattan Home Listings Drop to Level Lower Than Before Pandemic—Bloomberg

Manhattanites are buying homes at a clip that’s depleting the reserve of listings to levels lower than before the pandemic.
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9/7/2021 Deals in New York City Overshadow Sales in the Suburbs—Mansion Global

Deals for Manhattan homes have had a bull run in 2021, while sales in the suburbs and vacation enclaves such as the Hamptons have slowed amid too few homes for sale.
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8/10/2021 Zendaya Is Revealed As the Buyer of a $4.9 Million Brooklyn Waterfront Condo—Architectural Digest

Months after the sale’s closing in December, the New York post is reporting that Zendaya purchased a spot for herself in Brooklyn’s Quay Tower.
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8/10/2021 Black New Yorkers strike back at city program that seized their properties for developers—NBC News

Sherlivia Thomas-Murchison's mother worked for nearly 25 years to make sure her family had a permanent home in the Brooklyn borough of New York City.
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8/10/2021 New York’s Westchester County Amends Co-Op Disclosure Law to Promote Transparency—The National Review

Westchester County in New York has amended its Co-op Disclosure Law as part of its ongoing efforts to address and eliminate alleged discrimination in cooperative housing purchases.
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8/10/2021 Two nonprofits to receive grants to boost affordable housing—Rochester Beacon

Two Rochester nonprofits that lend a hand with homeownership and building community are slated to receive grants from Enterprise Community Partners.
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8/10/2021 Housing Lottery Launches For 107 West 105th Street HDFC Co-Ops On Manhattan’s Upper West Side—NY YIMBY

The affordable housing lottery is open for 107 West 105th Street, a five-story residential development on the Upper West Side of Manhattan.
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8/10/2021 New York Hero Act: Upcoming Deadlines for Condominiums and Cooperatives—JDSupra

Under New York’s latest workplace safety law (the New York Hero Act), all New York employers (including condominiums and cooperatives) must take the following steps to comply with the law and Department of Labor (“DOL”) guidance and prevent the spread of airborne infectious diseases in the workplace.
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8/10/2021 New York State Homeowners Have You Applied for STAR?—Hudson Valley Pose

So, if you own a home (and this includes making payments) have you applied for or heard of STAR? School Tax Relief Program?
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8/10/2021 Understanding The Record Absorption Of Manhattan's New Development—Forbes

New York City’s new development sales market has rebounded fast and furiously, quieting naysayers who lamented that the city was doomed for a slow and painful recovery.
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8/10/2021 Real Estate Developers Already Worrying About 421a Expiring Next Year—Commercial Observer

It’s been five years since the last fight over New York City’s most controversial development tax break — 421a — and developers are already preparing for the worst when the current version of the tax exemption expires in June 2022.
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8/10/2021 Gloria Vanderbilt’s Manhattan Apartment Is on the Market for $1.125 Million—House Beautiful

Gloria Vanderbilt believed that “decorating is autobiography”—and the photos of her newly listed former apartment in Manhattan certainly showcase her maximalist style.
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