In the eleventh-hour of his mayoralty, Mayor Eric Adams made four appointments and reappointments to New York City’s Rent Guidelines Board, throwing a wrench into Mayor-elect Zohran Mamdani’s plans for a rent freeze.
Related Ross is closing out the year with a record $772M construction loan from a trio of private credit lenders for two upcoming office towers in downtown West Palm Beach.
Tree farmers and the marketing group that supports them want more Americans to buy live-cut trees. A new Home Depot ad gave them holiday hope.
Bonus checks for U.S. military service members announced by President Donald Trump on Wednesday night will come from a pool of money used to supplement troops’ housing income.
Funds appropriated by Congress to supplement monthly housing costs will be used to pay the $2.6B bill for the $1,776 checks Trump promised for every active-duty service member in a televised speech.
The money is part of $2.9B in additional Defense Department funding passed in the One Big Beautiful Bill Act, the expansive tax and policy package signed by the president on July 4, that was earmarked to supplement the military’s basic allowance for housing entitlement, a monthly stipend members of…
Regulators will decide whether a merger of Union Pacific and Norfolk Southern would improve shipment times or stifle competition. A decision is expected in 2027.
A Nussbaum Lowinger creditor is going after the dissolved firm’s lesser-known partner, Samuel Lowinger. Lakewood-based Blueberry Funding has filed a lawsuit in Kings County seeking to hold Lowinger responsible for $58.7 million in missing escrow funds. The lawsuit puts the focus on the other half of the now-defunct Nussbaum Lowinger, a Manhattan-based law firm at the center of an escrow fraud scandal where former clients allege they are owed over $400 million. Thus far, much of the legal ire has been directed at Mark Nussbaum, the better-known and majority partner at the firm. But Blueberry is placing blame on Lowinger, […]
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Mayor-elect Zohran Mamdani has a housing czar. Mamdani on Friday tapped Adams administration alum Leila Bozorg as his deputy mayor of housing and planning. Bozorg is Adams’ executive director of housing, a new role he created in 2023 that reports to the deputy mayor of housing, economic development and workforce. She also served on the mayor’s Charter Revision Commission, which presented voters with four housing-related ballot measures, including three that created different avenues for project approvals. Gothamist was first to report the appointment. Mamdani seems to be peeling off the economic development and workforce portions of the deputy mayor’s portfolio. […]
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Trump Media plans to merge with a company developing nuclear fusion technology, putting the president’s financial interests in competition with other energy companies over which his administration holds sway.
The European Union came up with an 11th-hour compromise to help Ukraine, but the solution raised questions about the bloc’s decisiveness.
Did you read John Catsimatidis’ wild interview with the New York Editorial Board? Before I get to that, some history: Catsimatidis has clashed with me a couple of times — once because I supported a bill to ban supermarkets from giving away plastic bags (which passed and has worked well), and later because I doubted he would follow through on an idea to run for mayor again (he didn’t). Cats is a self-made billionaire. That doesn’t happen by accident. It’s fair to say he’s a business savant, especially at buying companies dirt-cheap out of bankruptcy (oil refineries, gas stations/convenience stores) […]
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