Real Estate NYC Launches Insurance Plan for Rent-Stabilized Housing
Mayor Mamdani unveils a city-backed insurance program targeting 100,000 rent-stabilized homes by 2030, as premiums have tripled since 2017.
Real Estate Latest News
NYC News Trump Admin Releases Frozen Second Avenue Subway Funds
The Trump administration agreed to release $58.6M in frozen Second Avenue Subway funds minutes before a federal court hearing on the MTA's lawsuit.
Real Estate Bjarke Ingels 27-Story Gowanus Tower Moves to Construction
Construction fencing is up at 175 3rd Street in Gowanus as Charney Companies and Tavros Capital advance a 1,071-unit, BIG-designed tower in Brooklyn.
Politics Mamdani Proposes City-Backed Insurance for Rent-Stabilized Buildings
Mayor Mamdani unveils a city-backed insurance program to cut costs for rent-stabilized buildings, targeting 100,000 apartments by 2030.
Politics Hochul Proposes Luxury Second Home Tax Surcharge in NYC
Gov. Hochul wants a property tax surcharge on NYC non-primary residences worth $5M+, potentially raising $500M yearly to close a budget gap.
NYC News Michelin Guide Adds Nine New NYC Restaurants in 2026
Nine NYC restaurants joined the Michelin Guide, with Brooklyn outpacing Manhattan. Stars and Bib Gourmands will be revealed at an upcoming ceremony.
Politics How the New York State Budget Works in 2026
Albany lawmakers missed New York's April 1 budget deadline, leaving $260+ billion in spending on health care, housing, and climate policy unresolved.
Politics Menin Backs Mamdani's DOI Pick Nadia Shihata
Council Speaker Julie Menin endorses Nadia Shihata for DOI commissioner ahead of a crucial confirmation vote, citing her prosecutorial experience.
NYC News Man Stabbed on NYC Subway 4 Train Near Wall Street
A 27-year-old man was stabbed aboard a Brooklyn-bound 4 train near Wall Street station during an apparent robbery attempt on April 14, 2026.
Politics NYC Council Pushes Rikers Island Voting Reform
Only 335 of 6,000 eligible Rikers Island detainees voted in last year's election. The City Council is now pushing legislation to fix the broken system.
NYC News Queens Lawmaker Pushes MTA to Add Elevators to 7 Train Stops
Assembly Member Jessica Gonzalez-Rojas urges the MTA to install elevators at four Queens 7 train stations, citing major accessibility gaps for disabled riders.
NYC News MTA Begins Fining Drivers Who Block Buses on 2 Queens Routes
The MTA's ACE camera enforcement program expands to the Q17 and Q27 bus routes in Queens, fining drivers $50–$250 for blocking buses or bus stops.
Business Wall Street Hits Record 209K NYC Jobs Despite Tax Fears
Securities firms employ a record 209,000 workers in NYC as RXR files permits for a $6.5B, 95-story tower — defying predictions of a corporate exodus.