Deals & Dealmakers
REBNY warns mansion tax could cause more harm than good
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REBNY leader John Banks is railing against a so-called Pied a Terre tax he says will hurt New York City. “We are deeply concerned that this so-called pied
Deals & Dealmakers
Amazon’s HQ2 comes under fire at City Council
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The City Council interrogated Amazon about tax incentives, helipads and project oversight during their committee meeting. After Amazon selected both Long
Construction & Design
City Council approves controversial construction safety bill
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The New York City Council has unanimously approved a bill that would mandate at least 40 hours of training for construction workers across the city.
Construction & Design
City Council approves Jerome Avenue rezoning in Bronx
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The City Council has approved the rezoning of a 92-block stretch of Jerome Avenue rezoning in the Bronx. The deal is expected to pave the way for increased
Construction & Design
City to invest in creating three acres of new Hudson Yards parkland
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The City has begun the process of acquisition, design and construction of Phase II of the City’s Master Plan for Hudson Yards. The final phase includes
Deals & Dealmakers
Kushner Companies denies wrongdoing as Council announces investigation
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Kushner Companies has continued to deny any deliberate attempt to pull rent-regulated apartments out of the system. After a report by the Associated Press
Deals & Dealmakers
Borough president, City Council uncover deed restriction at Two Bridges
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Opponents of a slew of new skyscrapers in the Two Bridges neighborhood have filed a lawsuit claiming at least one developer shouldnʼt be building there.
Featured
REBNY opposes new council bill that punishes brokers
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City Council Member Keith Powers recently introduced a convoluted piece of legislation that would have a significant negative impact on New York’s real
Deals & Dealmakers
Garodnick not running for mayor in 2017
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The list of possible contenders for Mayor Bill de Blasio’s seat just became a bit shorter. Council Member Dan Garodnick, whose name has been thrown around
Construction & Design
NYCA calls for public hearing on construction safety bill
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The New York Construction Alliance (NYCA) is calling on the City Council to hold a public hearing on the new version of the construction safety bill, Intro.
Construction & Design
Council Land Use Committee approves Sutton Place rezoning, removes grandfather clause
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In a blow to Gamma Real Estate’s planned condo tower project, the City Council Land Use Committee today voted to approve a rezoning measure brought
Deals & Dealmakers
City says it won’t intervene on pricing of East Midtown air rights
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The city’s rezoning proposal has put 3.5 million s/f of air rights in play in East Midtown. It’s still unclear how the deluge will affect the air rights