New York City

Related Moving Forward with More Housing, No Casino at Hudson Yards West
Phase 2 of the project—which is valued at $12 billion—will now include 4,000 new homes at the site.

FARE Act Now in Effect in New York City
The FARE Act prohibits brokers who represent landlords from charging broker fees to tenants. This includes brokers who publish listings with the landlord’s permission.

GUEST VIEWPOINT: Transforming Our Empty Offices into Full Homes
For decades, community and state leaders have failed to harness the aspiration and boldness needed to break through barriers and build the future New Yorkers deserve.

Fed. Judge Grants MTA Restraining Order Against Trump Administration in Congestion Pricing Case
The move effectively keeps congestion pricing tolls in effect through at least June 9.

Report: Office-to-Residential Conversions in Midtown Manhattan are Reaching an Unprecedented Level
According to the CBRE report, Manhattan’s supply of properties undergoing conversions have a median age of 68 years.

Court Documents Reveal Congestion Pricing to Remain in Effect Until at Least October
On March 21, Gov. Kathy Hochul and business and transit leaders held a rally in Manhattan and reported that traffic is down and business is up in Manhattan’s Central Business District (CBD).

DiNapoli: NYC’s Solid Housing Growth at Risk as Permits Fall
While growth in the city was faster than statewide growth (6.5%) and metropolitan area growth (7.4%), it lagged the nation’s overall 10.3% rate of housing growth.

Hudson Valley, NYC Planners Form Regional Partnership
Pattern and the DCP will bring together economic development experts, tourism bureaus, farmers and food-system operators, and other stakeholders who would benefit from planning across both regions.

MTA Says Congestion Pricing Revenues Beat Projections; Raised Nearly $49 Million in January
Since the first-in-the-nation program began on Sunday, Jan. 5, through Friday, Jan. 31, tolls from the CRZ generated $48.66 million in revenue.

New York City Kicks Off Public Review of Midtown South Rezoning Plan to Create Nearly 10,000 New Homes
The proposal would deliver an estimated 9,700 new homes—including up to 2,900 permanently income-restricted affordable homes.

New York State Comptroller Reports New York City Continues to Gray
In 2023, 39.5% of older homeowners in the city spent 30% or more of their household income on housing costs.

CBRE Group Establishes Global Financial HQ at Lever House in Midtown Manhattan
200 Park Ave. will continue to serve as the headquarters of CBRE’s New York Tri-State Advisory Services business and house the company’s New York-based Global Workplace Solutions teams.