Don't see images? Click Here SUBSCRIBE FOR FREE MANAGE EMAIL PREFERENCES
Bisnow - (Almost) Never Boring
April 27, 2023

'Going To Get Even Worse': Hope Sinks For Housing Fix After Budget Deal Collapses

Hear From Regina Myer On The Revitalization Plans For Downtown Brooklyn June 1

The reality that New York lawmakers have failed to agree on any new housing policies during state budget negotiations is sinking in for real estate players and housing advocates alike, forcing them to question just what — if anything — will force leaders to act amid a deepening crisis.

 'Going To Get Even Worse': Hope Sinks For Housing Fix After Hochul's Proposal Collapses

Gov. Kathy Hochul in January announced a goal of building 800,000 homes in the next decade, proposing a slew of tax breaks and regulatory changes that drew raves from the real estate industry, but none of those policies are moving forward as talks drag on, according to multiple reports."We…

Read the full story here.

  Share:  
 
Perforation

Top Stories on Bisnow.com

Vornado Suspends Dividend Payouts Through 2023, Eyes Asset Sales Vornado Suspends Dividend Payouts Through 2023, Eyes Asset Sales
Greystar Ordered To Pay $860M After Fatal Crane Collapse Greystar Ordered To Pay $860M After Fatal Crane Collapse
BXP Focusing Investments On Labs, Apartments As Office Market Struggles BXP Focusing Investments On Labs, Apartments As Office Market Struggles
Alexandria Pauses Projects, Cuts Construction Spending By $250M Alexandria Pauses Projects, Cuts Construction Spending By $250M
Perforation

SL Green Nets $500M Refinancing Deal For Third Avenue Tower

SL Green Nets $500M Refinancing Deal For Third Avenue Tower

SL Green secured a $500M refinancing loan for its 919 Third Ave. office tower, despite concerns over the company’s near future as it faces declining profits in anticipation of long-term hybrid work trends.The 47-story Midtown East tower nabbed the loan from an international group led by…

Read the full story here.

  Share:  
 
Perforation

In New York's Slow-Moving Affordable Housing Market, Patience Is A Virtue

PRESENTED BY:   Xenolith Partners
 
In New York's Slow-Moving Affordable Housing Market, Patience Is A Virtue

New York City faces a projected housing shortfall of 560,000 units by 2030. And yet, construction has begun on only a fraction of that number, underscoring the difficulty of solving a problem that requires a huge commitment of funding along with bold thinking from multiple stakeholders.At the ground level,…

Read the full story here.

  Share:  
 
Perforation

In Case You Missed It...

L&L, Mitsubishi Default On $93M Plaza District Office Loan L&L, Mitsubishi Default On $93M Plaza District Office Loan
Passive House Condo Developer Sued Over Alleged Roof Cracks, Building Leaks Passive House Condo Developer Sued Over Alleged Roof Cracks, Building Leaks
This Week's N.Y. Deal Sheet This Week's N.Y. Deal Sheet
PODCAST: The Fears, Hopes And Gripes Of Real Estate At The REBNY Gala With Mary Ann Tighe, Jim Whelan And More PODCAST: The Fears, Hopes And Gripes Of Real Estate At The REBNY Gala With Mary Ann Tighe, Jim Whelan And More
Multifamily Stalwart Fairstead Reportedly Laying Off 10% Of Workforce Multifamily Stalwart Fairstead Reportedly Laying Off 10% Of Workforce
 
Perforation

Former Staten Island Borough Prez Named New Department Of Buildings Chief

Former Staten Island Borough Prez Named New Department Of Buildings Chief  

After six months of operating under an acting commissioner, New York City's Department of Buildings is getting a new full-time leader. Mayor Eric Adams has appointed Jimmy Oddo, a former borough president of Staten…

Read Full Story

  Share:  
 
 
BISNOW
 
       
 
You are receiving this email because you are either a member of the Bisnow community, have attended a Bisnow event, because you have a legitimate interest in real estate news and events because of your profession, or because of your business associations, memberships or partnerships.
 
This email was sent to: newsletter.archives@bisnow.com
 
   
 
123 William St, Suite 1505, New York NY 10038
Newsletter Approval Code: 66903