Work to replace the aging Newark Bay Bridge on a major NY-NJ trucking route is underway, with the span's age and condition cited as the driver. gothamist.com
The Real Deal reports Fannie Mae and Freddie Mac are pulling back multifamily financing in New York following the city's rent-freeze push, a lending shift that touches any contractor chasing rent-stabilized rehab work. therealdeal.com
The Real Deal reports progressive gains in the state legislature after Election Day are expected to produce tighter landlord rules in Albany next session. therealdeal.com