Queens man committed deed fraud at Watermark’s Sunset Park high-rise site: Brooklyn DA

May 1, 2025 / no comments

A site in Brooklyn’s Sunset Park has tortured developers for nearly two decades.  In the mid-2000s, developer Andrew Kohen sought to build a Home Depot and residential tower at 6208 Eighth Avenue, but the plan was put on ice due to the 2008 housing crisis and ultimately sold off. In 2014, a trio of investors […]

This article originally appeared on The Real Deal. Click here to read the full story.

The Daily Dirt: Landlord wants AG caught in rent-control “trap”

May 1, 2025 / no comments

A New York City apartment building owner steeped in the wacky world of rent stabilization helpfully suggested on X that Attorney General Letitia James ask the state to determine if her Fort Greene rental building should be rent-stabilized. The Office of Rent Administration at the Division of Homes and Community Renewal would be happy to […]

This article originally appeared on The Real Deal. Click here to read the full story.

Charter Commission floats builder’s remedy, development fast track 

May 1, 2025 / no comments

Setting housing goals is one thing; making sure they’re actually built is another.  The Charter Revision Commission said in its preliminary report that it may consider “fair share” housing models in other states, including New Jersey and California, as part of potential reforms to the city’s land use policies. Such models require localities to shoulder […]

This article originally appeared on The Real Deal. Click here to read the full story.