March 16, 2026

19 affordable co-ops in Harlem available, from $220K

Here's a rare opportunity to buy an affordable apartment in Manhattan. City-owned buildings in Harlem, at 357 West 115th Street and 321 West 116th Street, have been redeveloped and converted into affordable two- and three-bedroom co-ops through the Affordable Neighborhood Co-operative Program (ANCP). The city opened a housing lottery for 19 co-ops, priced from $220,000 and available to New Yorkers earning up to 80 percent of the area median income.
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March 16, 2026

Mamdani creates NYC’s first LGBTQIA+ office

Mayor Zohran Mamdani on Friday signed an executive order establishing the city’s first Mayor’s Office for LGBTQIA+ Affairs and appointed the first transgender person to lead a New York City office. Led by Taylor Brown, now the highest-ranking trans person in city government history, the office will focus on advancing policies that ensure city agencies serve queer New Yorkers while upholding sanctuary protections and supporting individuals fleeing anti-LGBTQIA+ oppression. The move comes amid growing attacks on LGBTQIA+ protections and resources under President Donald Trump’s administration, including incidents in NYC.
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March 15, 2026

Where to watch the Oscars in NYC

Hollywood's biggest night comes to New York City. For a festive Oscars-viewing experience, hit one of the city's bars, venues, or movie theaters hosting watch parties in honor of the 98th annual Academy Awards this Sunday, March 15. Ahead, find our favorite spots to show off your red-carpet look, place your bets on this year's nominees, and sip a cinema-themed cocktail among fellow film fans.
See the star-studded spots
March 13, 2026

Full NJ Transit service to resume with new Portal North Bridge opening

Some good news for New Jersey Transit riders: Full service to and from New York City will resume Sunday as the agency finishes replacing the century-old Portal Bridge. Service has been cut by 50 percent since February 15, while rail operations switched from the old bridge to the new $1.5 billion Portal North Bridge over the Hackensack River. A key part of the Gateway Project, the bridge will improve service by allowing trains to travel up to 90 mph, up from the previous 60 mph limit, according to Gothamist.
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March 13, 2026

NYC’s first Art House Cinema Week will offer 5,000 free movie tickets and more perks

The NYC Mayor’s Office of Media and Entertainment (MOME) and Art House New York (AHNY) announced the city's first Art House Cinema Week New York. The week-long celebration of independent cinema runs from March 20-26 at nearly 30 independent local theaters throughout the city. MOME is providing 5,000 free tickets to ensure that all New Yorkers can participate, rediscover their local independent cinemas, and experience the art of filmmaking.
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March 13, 2026

Smorgasburg returns for 16th year this April with 22 new vendors

Smorgasburg has unveiled its lineup of vendors ahead of its return next month, kicking off its 16th season the first weekend in April. The beloved outdoor food market will host 74 vendors, including 22 making their Smorasburg debut. The market opens in Williamsburg’s Marsha P. Johnson State Park on Saturday, April 4, followed by Prospect Park’s Breeze Hill on Sunday.
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March 13, 2026

Gracie Abrams drops $4.5M on another Greenwich Village penthouse

Gracie Abrams has purchased another unit at Greenwich Village’s 1 Fifth Avenue co-op, a year after buying a $5.5 million penthouse in the building, with plans to combine the two. The pop star paid $4.5 million for the 18th-floor penthouse, which was once two separate units and now includes one bedroom, two bathrooms, and two terraces. If combined with the other unit, Abrams' residence in the building could span five bedrooms, five bathrooms, and five terraces, according to The Real Deal.
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March 12, 2026

Historic ruling forces Bronx landlord to pay $2.1M, fix violations within a month

A South Bronx landlord must pay $2.1 million and fix severe, long-standing violations within a month following a historic court judgment. On Thursday, Mayor Zohran Mamdani announced the first-of-its-kind ruling against the owners of 919 Prospect Avenue, imposing the maximum penalties under the city’s Nuisance Abatement Law. The landlord must address the most severe violations within two weeks, correct all remaining issues within a month, and pay $1,000 for each day the property remained a public nuisance, including a retroactive penalty of $2,174,000.
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March 12, 2026

Former Jehovah’s Witnesses Watchtower complex could become 600+ apartments

Brooklyn Heights’ iconic Watchtower Building, the longtime world headquarters of the Jehovah’s Witnesses, may soon be transformed into a waterfront development with hundreds of homes. Developer CIM Group is proposing a mixed-use redevelopment at 25-30 Columbia Heights that would include 661 apartments, some of them affordable, along with 113,000 square feet of commercial space. The project is expected to enter the city's uniform land use review procedure (ULURP). CIM presented the plan to Brooklyn Community Board 2 last June before filing a land-use application in December, according to city records.
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March 11, 2026

The NYC Half Marathon is Sunday: Here’s what to know

The annual United Airlines New York City Half Marathon returns on Sunday, March 15. The 13.1-mile race will feature more than 30,000 participants with a route that starts near the Brooklyn Museum, moves through Prospect Park, across the East River, along the FDR Drive, up Times Square, and finishes in Central Park. This year also marks the debut of the Half Expo, presented by New Balance at the Jacob K. Javits Center from March 12 to 14, where participants can pick up bibs, attend course strategy sessions, and enjoy sponsor activations. Ahead, here's everything you need to know about this year's event, from the route and start times to the best ways to watch (or avoid) the race.
details here
March 11, 2026

City Council approves 72-story Downtown Brooklyn tower with 1,200+ apartments

The New York City Council on Tuesday approved a plan to transform a Downtown Brooklyn office building into a massive mixed-use tower with over 1,200 new homes. The existing city-owned seven-story office tower at 395 Flatbush Avenue Extension will be replaced with a 72-story building, set to become the second-tallest building in the borough after The Brooklyn Tower. The project includes 1,263 new housing units, including 325 affordable apartments for households earning an average of 60 percent of the area median income (AMI).
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March 11, 2026

$5M Yorkville home offers a flexible frame for townhouse living

This Federal-style townhouse at 412 East 89th Street in Yorkville is a good place to think about spring, with a 20-foot forecourt and a large rear patio, planted and ready for the days ahead. At 20 feet wide, the four-story home, asking $5,000,000, has retained many graceful historic details that frame perfectly integrated modern comforts. As a legal three-family dwelling, the property, just two blocks from Carl Schurz Park and Gracie Mansion, can be divided for high rental income, very easily converted to a single-family home, or anything in between.
Take the townhouse tour
March 10, 2026

30-foot surrealist steel sculptures arrive in two Manhattan neighborhoods

Two massive steel sculptures debuted Tuesday in Flatiron and the Meatpacking District, bringing surrealism into dialogue with the skyscrapers of Manhattan. Created by New York-born artist and filmmaker Charlotte Colbert, "Chasing Rainbows" features two 30-foot-tall surrealist sculptures in the bustling Flatiron South Plaza and 14th Street Square, inviting passersby to reconnect with their imagination in public spaces. On view through May 27, the installation marks Colbert’s first U.S. public art installation and represents the city’s first dual-neighborhood public art collaboration.
see them here
March 10, 2026

21-story condo conversion in Tribeca moves ahead

A former city office building in Tribeca that has been vacant for about a decade is one step closer to becoming a luxury residential tower. Manhattan Community Board 1 on Monday approved the expansion and conversion of 101 Franklin Street (formerly 250 Church), which will turn a 17-story 1940s building into a 21-story condominium with 72 apartments. The proposal heads next to the Department of City Planning.
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March 10, 2026

Mamdani unveils reforms to NYC’s sidewalk shed rules

While Mayor Zohran Mamdani may disagree with much of former Mayor Eric Adams’ agenda, the two align on one issue: removing New York City’s sidewalk sheds. Last week, the mayor announced a series of new initiatives aimed at removing longstanding scaffolding, with a focus on sidewalk sheds at public housing developments. The city’s Department of Buildings (DOB) will advance reforms to reduce the amount of shed coverage required over open space farther from buildings and to lengthen the timeline between facade inspections. The effort builds on initiatives from previous administrations, including Adams’ 2023 “Get Sheds Down” campaign, which sought to overhaul the city’s scaffolding rules and develop more aesthetically pleasing shed designs.
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March 9, 2026

At the intersection of design and real estate, This Old Hudson sells the romance of life upstate

Anthony D'Argenzio did not start his career in real estate. He was a designer and creative director in New York City, producing photo shoots for magazines and brands like West Elm and Anthropologie. He says his brand is "rooted in beautiful things." And that’s just the approach he takes when selling homes in the Hudson Valley and Catskills — it’s not just about square footage and lot size; it’s about a beautiful life. On social media, This Old Hudson presents more like an interior design brand than a real estate company. The Instagram page dishes out stunning historic homes decked out in design magazine-worthy decor to its 126,000 followers. It tells the homes’ stories and even gives them names. The fact that you can actually buy these houses is a perk.
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March 9, 2026

14th Street’s pedestrian-focused redesign moves forward

Nearly seven years after the 14th Street busway launched, New York City is moving forward with more improvements to the Manhattan corridor. The city's Department of Transportation on Monday announced public outreach will kick off this month on the redesign of 14th Street, which will include upgraded pedestrian space, parks, and plazas, landscaping and greenery, and safety enhancements, all intended to complement the successful busway. DOT is currently conducting a $3 million, two-year study, first introduced by former Mayor Eric Adams last summer, to develop ways to enhance the experience of pedestrians and commuters on 14th Street.
get the details
March 9, 2026

Championship rings and trophies on display at new AMNH exhibit celebrating objects of sports excellence

Natural history might not be the first subject that pops into mind when you think about sports, but a new exhibit at the American Museum of Natural History may change that. On May 15, the museum will open "For the Win: Objects of Sports Excellence," a new exhibition of championship rings, trophies, medals, and jewelry from winning teams and athletes. Opening within the Allison and Roberto Mignone Halls of Gems and Minerals, "For the Win" will feature over 70 objects across more than a dozen sports, showing the evolution of trophies over 150 years, from one of Jesse Owens's 1936 Olympic gold medals to Breanna Stewart's 2024 WNBA Championship ring.
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March 6, 2026

New Hell’s Kitchen venue will host hologram ABBA show

Extell Development this week applied to demolish part of a block in Hell's Kitchen to build a venue that will host a hologram show featuring the Swedish pop band ABBA. As first reported by Crain's, the firm seeks to raze a string of low-rise buildings in Hell’s Kitchen—formerly home to a strip club, a dance club, and a lumberyard—between 11th Avenue and West 45th and 46th Streets. The new venue will become the permanent home for ABBA Voyage, a production designed by the legendary 1970s pop group featuring holograms of their younger selves, according to the New York Times.
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March 6, 2026

New York law banning discrimination against Section 8 tenants struck down by judges

A New York appeals court on Thursday nullified a state law that prohibits landlords from discriminating against tenants who use Section 8 to pay rent. The five-judge panel sided with a landlord who appealed a lawsuit brought by Attorney General Letitia James in 2022, arguing the law violated his constitutional rights because the program allows housing officials to inspect his properties without a warrant, violating the Fourth Amendment.
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March 6, 2026

These beautiful NYC civic spaces are now available to rent for events

New York City is home to an abundance of stunning event spaces and venues, but there are a few hidden gems you may not know about. The city's Department of Citywide Administrative Services (DCAS) on Friday relaunched its "Halls of the City" program, which allows New Yorkers to rent landmarked civic spaces for special occasions. The program includes 13 city properties, from the grand neo-classical Tweed Courthouse in Manhattan to the 180-year-old Brooklyn Borough Hall, the oldest public building in the borough.
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March 5, 2026

NYC announces $50M to rebuild 10 parks in underserved neighborhoods

Ten parks across New York City will receive $50 million in new investments, Mayor Zohran Mamdani announced Thursday. The parks, spread across every borough, are located in neighborhoods with the greatest need and have not seen significant upgrades in more than two decades. While the improvements are expected to benefit more than 116,500 New Yorkers, advocates have criticized Mamdani’s 2027 preliminary budget, which does not include the 1 percent of the budget for Parks Department funding that he pledged during his campaign.
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March 5, 2026

For $595K, this Turtle Bay pre-war co-op elegantly maximizes every square inch of space

This corner one-bedroom at 320 East 42nd Street represents classic Manhattan living in Tudor-style Woodstock Tower, a former hotel built in 1929. Asking $595,000, the compact apartment has retained its pre-war elegance in the form of high ceilings, original hardwood floors, and dramatic casement windows, while optimizing living space and storage with cleverly-designed built-ins throughout.
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March 5, 2026

NYC’s largest men’s homeless shelter to close this month

New York City's largest men's homeless shelter will shut down this month because of the building's deteriorating condition. As first reported by Gothamist, the Mamdani administration plans to close the city-owned Bellevue Shelter on East 30th Street in Kips Bay in mid-March, relocating 250 residents to allow for work to be done on the building. The shelter’s intake services will move elsewhere in Manhattan, and several new shelters are expected to open over the next six months.
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March 4, 2026

Big, beautiful Boerum Hill townhouse has a barefoot lawn and a finished basement for $7.8M

While a designer-renovated townhouse in the heart of brownstone Brooklyn may fulfill many a real estate dream, we often expect to give up a green lawn and flexible, livable basement. Asking $7.8 million, this four-story home at 168 Bergen Street in the Boerum Hill Historic District has those rare additions and more behind its 19th-century brick facade.
take the townhouse tour
March 4, 2026

Hundreds of NYCHA apartments taken over by squatters as vacancies soar, report finds

Squatters have occupied hundreds of New York City public housing apartments in recent years, as the number of empty units continues to rise, a new report shows. According to the report released Tuesday by the city’s Department of Investigation, the number of vacant NYCHA units increased from 2,840 in January 2022 to approximately 6,740 vacancies as of last May, despite 165,000 households waiting for an apartment. According to the DOI, the surge in empty units and the “absence of regular inspections” have fueled unauthorized occupancy, prompting the NYPD, DOI, and NYCHA to recover 548 apartments from illegal squatters over three years.
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March 4, 2026

Congestion pricing lives on after federal judge rules Trump’s effort to end program unlawful

New York City's congestion pricing program will live on, as a federal judge on Tuesday ruled that the Trump administration's attempt to nix the toll system was unlawful. In a 149-page decision, Judge Lewis J. Liman called U.S. Transportation Secretary Sean Duffy’s move to end the program "arbitrary and capricious," but he did not bar future attempts to halt it. The Metropolitan Transportation Authority (MTA), which sued the U.S. DOT in February 2025 to prevent the program’s elimination, can now continue operating the system indefinitely.
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March 4, 2026

Brooklyn Public Library ends passport processing services under federal order

The Brooklyn Public Library ended its passport services last Friday following an order from the federal government. Last fall, the U.S. Department of State sent notices to hundreds of nonprofit libraries nationwide notifying them that they could no longer participate in the Passport Acceptance Facility Program, as reported by the Associated Press. The library, which had offered passport application services since 2011, closed the facility on February 27.
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March 3, 2026

7 commuter-friendly rentals in Westchester

As New York City continues to see record-high rents, some New Yorkers are looking north of the city for a lifestyle that's more affordable and stress-free, but still commuter-friendly. Westchester County has responded with a wave of new developments in many of its municipalities, with 12,500 new apartments completed since 2021 and an additional 15,000 units under construction, as of 2024. With three Metro-North Railroad lines connecting to Grand Central Terminal, the region pairs easy access to Manhattan with revitalized downtowns, growing cultural scenes, and waterfront parks, making Westchester an attractive alternative for renters seeking more space and tranquility.
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March 3, 2026

Flatbush mansion sells for $6.25M, a neighborhood record

Last June, 6sqft introduced the wide front porch and colorfully restored rooms of this Colonial Revival mansion at 1221 Albemarle Road in Flatbush, first listed for $6,500,000. The 1904 home, built by architect William C. Lauritzen, has sold for $6,250,000, less than a year later. The sale sets a record for the Flatbush neighborhood of Ditmas Park; a property at 260 Westminster Road, which sold last year for $3.8 million, held the previous top price.
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March 3, 2026

Ivana Trump’s Lenox Hill townhouse sells for $14M, nearly half its original asking price

After nearly four years on the market, Ivana Trump's opulent Lenox Hill townhouse has finally sold, fetching much less than its original $26.5 million listing price. The five-story home at 10 East 64th Street sold for $14 million, according to property records and first reported by the Wall Street Journal, down from its initial 2022 ask. Ivana purchased the home for roughly $2.5 million in 1992, shortly after her divorce from Donald Trump. The property was first listed following Ivana's death in 2022, as 6sqft previously reported.
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March 3, 2026

NYC to revamp six more blocks of Broadway by 2031

New York City is pressing ahead with its transformation of Broadway into a pedestrian-focused corridor, with plans to redesign six additional blocks by 2031. According to a Department of Transportation (DOT) presentation to Manhattan Community Board 5 last month, the $156 million expansion will upgrade Broadway between 21st and 27th Streets with permanent concrete plazas, widened sidewalks, and improved bike lanes. The project builds on the city’s broader "Broadway Vision" initiative, launched in March 2023 to improve safety and reduce vehicle traffic along the heavily traveled corridor.
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March 3, 2026

New exhibit celebrates 400 years of NYC history and the people who shaped it

What makes New York City, New York City? That's one question a new online exhibit from the city's Department of Records & Information Services (DORIS) explores. Featuring more than 100 items from the city's archival and library collections, "NYC's Story: The City on Record" uses government records that reveal the 400 years of NYC history, from documents showing land transfers in 17th-century Queens to a 2025 primary election ballot.
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March 2, 2026

Bally’s buys Bronx casino site from NYC for $157M

Bally's Corporation has officially purchased the Bronx parkland where it will build one of three new casinos downstate after the company secured a gaming license in December. As first reported by the Commercial Observer, the company last week purchased the 16-acre parcel at 450 Hutchinson Parkway in Throggs Neck—formerly leased to Donald Trump—from the city for $156.6 million. The proposal survived a City Council vote that initially denied a crucial rezoning, a decision later overridden by a veto from former Mayor Eric Adams, keeping the project alive.
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March 2, 2026

FiDi office tower to become 796-unit residential building

RXR Realty secured a $420 million construction loan last week for an office-to-residential conversion that will transform a century-old Financial District office tower into 796 new homes. Affiliates of Apollo Global Management provided the financing to convert the 32-story 61 Broadway, with construction expected to begin later this month and the first residents projected to move in during the first half of 2028, according to Crain's. Roughly 200 of the apartments will be set aside for households earning 80 percent of the area median income (AMI).
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March 2, 2026

This $1.55M Fort Hamilton home is ready for spring, inside and out

It's hard to imagine a garden in bloom when New York City is still shifting piles of snow. This Fort Hamilton, Brooklyn, townhouse at 215 90th Street, asking $1,550,000, feels like a preview, with floral wallpaper, skylit rooms for sunlight in every season, and a patio surrounded by greenery. An additional perk: garage parking with an EV charger.
Take the tour
March 2, 2026

Historic Hunterfly Road Houses in Weeksville reopen after $4M renovation

Four wood-frame homes built in the 19th century as part of one of the nation's largest free Black communities before the Civil War have been restored. The Hunterfly Road Houses at the Weeksville Heritage Center in Brooklyn reopened last week after undergoing a $4 million renovation, Mayor Zohran Mamdani announced on Friday. Last month, the center also received $1.2 million in state funding to maintain the historic homes, support staff and daily tours, and expand literacy and community programs.
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February 27, 2026

MTA revamps music program with themed monthly performances across NYC

The Metropolitan Transportation Authority on Thursday announced an overhaul of its “Music Under New York” program, which brings live music to subway stations across all five boroughs. Renamed MTA Music, the program marks the 40th anniversary of the MTA’s Arts & Design initiative and features an expanded lineup of performers through 2026 and beyond. The relaunch includes a new monthly Station Series, bringing themed performances to five locations each month, with each showcase celebrating a different musical or cultural heritage alongside the program’s ongoing daily performances.
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February 27, 2026

Newark Airport to test self-driving shuttle buses this spring

Self-driving shuttle buses are coming to Newark Liberty International Airport (EWR) this spring, with the Port Authority of New York and New Jersey launching a pilot program to test the technology. The agency announced Wednesday that it has partnered with three autonomous vehicle companies to operate electric self-driving shuttles at the airport through the spring, with each company conducting two-week test periods in a section of the airport currently closed to the public as part of its ongoing redevelopment. The Port Authority will evaluate whether the shuttles could serve as an effective way to transport passengers between existing airport facilities and the new AirTrain system currently under construction.
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February 27, 2026

Mamdani pitches 12,000-unit Sunnyside Yard development to Trump

A mammoth plan to bring thousands of affordable homes to one of the largest undeveloped sites in New York City was resurrected this week. In a meeting at the White House on Thursday, Mayor Zohran Mamdani pitched President Donald Trump on the Sunnyside Yard development, a proposal to build a deck over the 180-acre rail yard in Queens and create a new mixed-use community with 12,000 affordable apartments, new schools, and public space above a new regional rail hub. Former Mayor Bill de Blasio's administration released a master plan for the project right before the city shut down during the pandemic in March 2020, and it has been at a standstill since. Mamdani said he asked the president for $21 billion in federal grants to advance the project.
details here
February 27, 2026

Trump partners with Pakistan in strange plan to redevelop NYC’s Roosevelt Hotel

An unlikely player has entered Midtown’s Roosevelt Hotel redevelopment: President Donald Trump and the federal government. As first reported by Reuters last week, the United States government's General Services Administration (GSA) signed an agreement with Pakistan, which owns the iconic but shuttered hotel at 45 East 45th Street, to jointly redevelop, renovate, operate, and maintain the property. The pact, negotiated by New York real estate developer and Trump special envoy Steve Witkoff, marks a surprising turnaround for the project, which returned to the drawing board last week after Pakistan restarted its search for a broker and financial advisor, according to The Real Deal.
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February 26, 2026

Dumbo penthouse closes for $16.25M, new record for Brooklyn sponsor condo

A full-floor penthouse at Dumbo's tallest tower officially closed this week, setting a new record for the borough. Penthouse B at Olympia, a 33-story condo at 30 Front Street, sold for $16.25 million, becoming the highest price-per-square-foot ($3,297) deal ever for a Brooklyn sponsor condo. The home might look familiar; the condo was featured in Spike Lee's 2025 movie "Highest 2 Lowest" as Denzel Washington's fictional apartment.
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February 26, 2026

New York officials introduce bill to protect Pride flag

After President Donald Trump ordered the removal of the Pride flag at New York City's Stonewall National Monument earlier this month, Sen. Chuck Schumer on Wednesday formally introduced legislation to make the flag congressionally authorized. Supported by Schumer and Rep. Dan Goldman, the bill seeks to amend current policy that permits only the U.S. flag and other “congressionally or departmentally authorized flags” to fly on National Park Service flagpoles, as Gay City News reported. The flag was taken down on February 9, and New York City officials defiantly raised it again three days later.
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February 26, 2026

MTA threatens to sue Trump over stalled Second Avenue Subway funds

The Metropolitan Transportation Authority says it will sue the federal government unless funding for the Second Avenue Subway expansion resumes within a week. The MTA on Wednesday sent a letter to President Donald Trump's administration, warning that the agency will pursue legal action unless the federal government restores more than $58 million owed for the project by March 6, citing concerns that further delays could stall the long-planned expansion. Funding for the Second Avenue Subway was halted during the October government shutdown, along with funding for the Gateway project.
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February 25, 2026

Bayside affordable housing project moves ahead, thanks to NYC’s new charter reforms

An anti-development New York City council member voted to approve a project in her district Sunday, citing a new ballot measure, supported by New Yorkers in November's election. Council Member Vickie Paladino, who represents District 19 in northeast Queens, voted to advance a 248-unit, eight-story development at 217-14 24th Avenue in Bayside. While she initially opposed the project, Paladino reversed course because the new measure gives a three-member appeals board, including the mayor, council speaker, and local borough president, to overturn rejections by the council.
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February 25, 2026

Seagram heir’s Soho penthouse rents for $120K a month, a neighborhood record

Seagram liquor heir Eli Bronfman will be collecting $120,000 a month for his penthouse pad at 20 Greene Street while searching for a buyer, according to The Real Deal. The massive loft occupies the top three floors of the classic cast-iron building, topped by a dazzling rooftop terrace. Bronfman put the four-bedroom condo on the market last year for $45 million. Its current ask is $35,950,000, but its six-figure rental price may make it hard to part with–and may be Soho's highest ever.
take the penthouse tour
February 25, 2026

American Express unveils new World Trade Center headquarters

American Express on Wednesday announced plans to build a new global headquarters at the World Trade Center, marking the final commercial tower at the Lower Manhattan campus. Located at 200 Greenwich Street, also known as 2 World Trade Center, the Foster + Partners-designed skyscraper will be developed by Silverstein Properties and span nearly 2 million square feet across 55 floors. Construction will kick off this spring, with completion slated for 2031. American Express will be the tower’s sole tenant, housing up to 10,000 employees and featuring more than an acre of outdoor space.
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February 25, 2026

Battery Park City rent protections extended for long-time tenants

Hundreds of tenants at Gateway Plaza, Battery Park City's oldest and largest residential development, will have their annual rent increases capped at 2.5 percent for the next 43 years. On Monday, the Battery Park City Authority (BPCA) announced an agreement with Marina Tower Associates to extend those protections for roughly 430 units with continuous occupancy since July 1, 2009. Originally set to expire in July 2030, the safeguards will now remain in place through June 17, 2069.
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