REBNY sues the City of New York to stop FARE Act enforcement

Three days after New York City’s Fairness in Apartment Rental Expenses (FARE) Act became law without the signature of Mayor Eric Adams, the Real Estate Board of New York (REBNY) has filed a lawsuit to stop the bill’s enforcement in June 2025. The New Y… Continue reading

NYC developer, wife part ways with Greenwich Village home for $21.5M

The multi-family residence sold on July 31 for $21.5 million. The couple purchased the home in 2011 for $12.7 million.  Continue reading

Lesson Learned: Cultivate trust and respect with competitors

Find out how NYC agent Andrea Saturno-Sanjana puts her unique skillset and global perspective to work in serving clients and connecting with colleagues. Continue reading

NYC’s ‘worst landlord’ attacked first day of 2-month Rikers sentence

New York City’s worst landlord, Daniel Ohebshalom, was punched on Friday during an inmate brawl at Rikers. Ohebshalom was sentenced for failing to fix more than 700 housing violations. Continue reading

Star broker Jaime Richichi moves to Sotheby’s International Realty

NYC Compass broker Jaime Richichi is taking her talents to Sotheby’s International Realty. Richichi’s home base will be SIR’s East Side Manhattan brokerage; however, she’s also licensed to serve clients at the brokerage’s East Hampton and William Pitt … Continue reading

Vornado Realty Trust enters ‘eye of economic storm’ with $2.6B debt

Real estate investment trust Vornado is attempting to calm investors after CEO Steve Roth signaled plans to pause its Penn Station projects and launch a $200 million share repurchase program. Continue reading

Low-income tenants sue developer, allege ‘poor door’ discrimination

Tenants who won a lottery to live at Fifteen Hudson Yards are suing the developer for violating New York City’s “poor door” ban, which bans separate entrances for low-income residents. Continue reading