Kneejerk opponents wonder why they don’t get early notice

June 13, 2026 / no comments

This week’s NIMBY award goes to activists in Albany fighting a $7 million bus terminal project in line for funding from the Hochul administration. At a public meeting this week to solicit input on the plan, Paul Collins-Hackett, whom the Albany Times Union described as “a well-known Albany community leader who is known to many as Batman,” said, “We’re being asked what toppings we want on our pizza, but we didn’t order a pizza.” No you didn’t, Paul, but the pizza is not for you. It’s for people who take the bus to and from Albany. The bus terminal would […]

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Summit clears violations, but City Hall’s enforcement playbook is the real story

June 13, 2026 / no comments

Summit Properties says it delivered on a promise that helped win over a skeptical bankruptcy court. The tenants involved say that promise is still unfulfilled.  The dispute offers an early glimpse into what multifamily owners can expect under Mayor Zohran Mamdani’s administration: relentless scrutiny, public scorekeeping and a willingness by City Hall to align itself with organized tenants. Two months after taking control of Pinnacle Group’s troubled 5,100-unit rent-stabilized portfolio, Summit says it cured more than 3,000 housing code violations, hitting chair Zohar Levy’s commitment to fix half of the roughly 6,300 violations that existed when the bankruptcy case was […]

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NYC’s top deals: CSC Real Estate buys Yorkville office for $64M

June 13, 2026 / no comments

There were 205 transactions totaling $470 million filed in New York City records in the 24 hours before 4 p.m. on Friday, June 12. 🏆 Commercial: The most expensive commercial sale to hit records was in Yorkville, where a nine-story, 73,300-square-foot office building at 210 East 86th Street traded for $64.1 million. The seller, an affiliate of Perlbinder Realty Corp., had owned the property for decades. The buyer was an LLC tied to CSC Real Estate. The sale works out to roughly $870 per square foot. 🏆 Residential: Miki Naftali’s Naftali Group had the priciest home sale to come online, […]

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How New York’s proposed ban stacks up in states’ fight over private listings

June 13, 2026 / no comments

New York in April became the latest state to wade into the fight over private listings. Now, the bill is headed for Gov. Kathy Hochul’s desk.  Hochul is poised to approve the legislation, sealing New York’s place among the states with their own plays against private listing networks.  The most hawkish example so far took effect this week, with Washington state banning exclusive “pocket listings” after Gov. Bob Ferguson signed the bill into law in March, marking the adoption of some of the toughest legal restrictions on how and where agents market listings so far.  Washington’s statute bars agents from […]

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