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Category: News

Bronx Rental Market on Fire

During a 1977 World Series game between the New York Yankees and the Los Angeles Dodgers, the blustery sports broadcaster of that era, Howard Cosell, remarked that the “Bronx is Burning,” and he wasn’t being figurative. During the televised broadcast, an ABC aerial camera panned...

From Bust to Bet: The Case for Reinvesting in Rent-Stabilized Buildings

On a brisk October day just a couple of months ago, it was announced that Floyd Mayweather Jr. had inked a $402,000,000 deal to purchase 60 buildings with 1,000 rent-stabilized units from Josh Gottlieb’s Upper Manhattan portfolio. Countless professionals who have spent decades in the...

OneLIC Rezoning Advances

NYC Planning has launched the OneLIC rezoning plan, targeting 54 blocks of western Queens. The proposal could bring 14,700 housing units, new MIH zones, and millions of square feet in commercial space—reshaping Long Island City for the next decade.