Developers are widely passing on the largest 485x affordable-housing tax break tier, clustering projects instead at smaller unit counts — the same pattern the paper flagged last week in NYC's hotel-to-housing filings. therealdeal.com
A new four-tower design surfaced for the Fordham Landing South complex in University Heights, the Bronx, adding another large multi-building project to the borough's pipeline. newyorkyimby.com
FDNY says two people are critically injured after a fire broke out at a Manhattan apartment building Saturday, a reminder that building fire-safety systems stay a live concern for owners and GCs alike. cbsnews.com
New York and Los Angeles office markets are outpacing Chicago and Houston through the third quarter, a signal for office-to-residential conversion contractors eyeing where commercial stock will loosen next. law360.com