NYC's hotel development pipeline has shrunk to roughly a third of where it stood in 2020, a signal that hospitality GCs chasing new-build work should look elsewhere for volume. finance.yahoo.com
A Long Island development team is moving a $230 million project into New Jersey, another data point in the cross-Hudson chase for sites. libn.com
New York's 485-x tax break filings are clustering right at 99 units, the threshold builders use to dodge the law's prevailing-wage trigger, according to new city data. housingwire.com
Mamdani, Hochul, and private partners marked 386 completed affordable units in East New York with 453 more now moving forward under the same development team. nyc.gov
The Mamdani administration is putting Upper West Side sites on a declared 'fast track' for affordable housing approvals, per West Side Rag. westsiderag.com