Council revives two housing regulation bills, COPA remains vetoed

January 29, 2026 / no comments

The City Council on Thursday overrode a bevy of mayoral vetoes, including measures that set new restrictions on what types of housing the city finances.  The Council reversed 17 of former Mayor Eric Adams’ vetoes, most of which he made on his last day in office. That’s more than the number of vetoes voided by the Council over the last decade, according to Speaker Julie Menin. Two of those measures set minimum percentages for homeownership and low-income units financed by the city, which housing groups argued would interfere with the new mayor’s housing agenda. The Council overrode vetoes on several […]

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

Sprawling North Fork waterfront estate sells for record $12M

January 29, 2026 / no comments

It only took three months for a new record sale on the North Fork.  A waterfront Southold property at 59600 Main Road closed for $12.4 million, the highest price achieved for a single-lot on Long Island’s North Fork. A bayfront home in Cutchogue sold by the estate of the late gallerist Barbara Gladstone held the previous record after its $11.2 million sale in October.  The Gladstone property, which spans 1.2 acres and works out to over $9 million per acre, still dwarfs the recent Southold one in terms of price per acre.  The Southold property spans over 21 acres on […]

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