Bloomberg reports the city is weighing a property-tax break for a proposed $2.7 billion Hudson Yards tower. bloomberg.com

The Real Deal's Reality Check column argues the city's new elevator code amounts to an unfunded mandate on building owners. therealdeal.com

Jersey Digs has new renderings for the three-tower, 2,055-unit downtown Jersey City project we already covered. jerseydigs.com

NewYorkYIMBY posted new renderings for 245 Duffield Street, a Downtown Brooklyn development. newyorkyimby.com

Construction Dive rounds up three ways cities are financing climate resilience work as federal funding shrinks. constructiondive.com

Acadia Realty Trust bought a SoHo retail property for $60 million, per The Real Deal. therealdeal.com

Commercial Observer reports Affinius Capital and Axonic Capital lent $48 million to build a suburban Boston apartment project. commercialobserver.com