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The Real Deal

The Real Deal is the leading source for real estate news and information. Covering the deals, developments and policies that matter.

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News

The Real Deal
therealdeal.com > new-york > 07/23/2026 > kings-capital-buys-vacant-fidi-building

Kings Capital buys vacant FiDi Building, plans for conversion

1+ mon, 3+ week ago   (289+ words) Developer pays $30M for former New York Presbyterian Hospital residence hall Kings Capital acquired a long-vacant 17-story building in Manhattan’s Financial District with plans to convert it into a sleek rental building. The development group, led by George Giannopoulos and Jeffrey…...

The Real Deal
therealdeal.com > new-york > 07/21/2026 > mamdanis-pied-a-terre-tax-updated-after-comment-blitz

NY Dirt: Pied-à-terre tax questions prompt updates, rebuttals

1+ mon, 3+ week ago   (641+ words) Mamdani’s signature second home tax gets DOF tweaks, moves ahead The controversial pied-à-terre tax just got a batch of new updates from the Department of Finance. The Mamdani administration’s first effort to tax the rich raised plenty of questions and…...

The Real Deal
therealdeal.com > new-york > 07/20/2026 > nyc-rejects-pied-a-terre-tax-buyer-protections

Policy Pro: City rejects buyer protections for pied-à-terre tax, Council seeks rental benefit boost

1+ mon, 3+ week ago   (275+ words) Hi, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: City Council member Farah Louis, Department of Finance, the Department of Buildings and others. Have a tip or feedback? Reach me…...

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therealdeal.com > texas > 07/16/2026 > lincoln-property-acquires-spectrum-companies-in-charlotte

Lincoln Property Acquires Spectrum Companies in Charlotte

1+ mon, 4+ week ago   (196+ words) Dallas-based firm folds Charlotte developer into its regional division to accelerate multifamily growth Dallas-based developer Lincoln Property Company is buying Charlotte developer the Spectrum Companies for an undisclosed dollar figure. Spectrum is expected to fold their 43 employees into Lincoln’s Charlotte…...

The Real Deal
therealdeal.com > policy-pro > new-york > 2026 > 07 > nyc-council-fight-over-outdated-code-affordable-housing

Policy Pro: Outdated code sparks Council clash

1+ mon, 4+ week ago   (215+ words) Hello, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: Council member Sandy Nurse, Council member Darlene Mealy, Department of City Planning Brooklyn Office Director Alex Sommer, Department of Housing Preservation…...

The Real Deal
therealdeal.com > policy-pro > new-york > 2026 > 07 > nyc-charts-seqra-reset-hochuls-data-center-pause

Policy Pro: City spells out SEQRA shortcuts, data centers hit a snag

1+ mon, 4+ week ago   (206+ words) Hello, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: General counsel for the Department of City Planning Alec Schierenbeck, Herbert Smith Freehills Kramer Partner Nicole Fenton, Assembly Speaker Carl Heastie,…...

The Real Deal
therealdeal.com > policy-pro > new-york > 2026 > 07 > nyc-advances-ulurp-reform-updates-c-pace

Policy Pro: NYC takes next step on ULURP reform, C-PACE updates

2+ mon, 6+ hour ago   (276+ words) Plus other news at the intersection of policy and real estate Hi there, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: Department of City Planning Assistant Counsel William Tutt, Adler…...

The Real Deal
therealdeal.com > new-york > 07/07/2026 > hpd-proposes-421a-rule-change

Policy Pro: HPD floats 421a rule change to keep more projects alive

2+ mon, 6+ day ago   (205+ words) Hi, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: State Sen. Brian Kavanagh, Office of Management and Budget Director Sherif Soliman, Technico Construction Services and others. Have a tip or…...

The Real Deal
therealdeal.com > new-york > 07/07/2026 > buildings-agency-social-services-get-nyc-budget-boost

NY Dirt: City budget ups buildings department, social services spending

2+ mon, 6+ day ago   (572+ words) New voucher program is small fraction of 2027 housing outlays New York City’s budget is finally here — let’s dive into some of the details. The battle over housing voucher expansion that once threatened to derail budget negotiations is just one controversial…...

The Real Deal
therealdeal.com > new-york > 07/01/2026 > ny-electric-buildings-fight-could-reach-supreme-court

Policy Pro: NY electric buildings fight could reach the Supreme Court

2+ mon, 1+ week ago   (210+ words) Court case could dictate the pace of electrification across the state Hey there, let’s get into the latest news at the intersection of policy and real estate: In this edition we mention: Managing partner at Reichman Jorgensen Lehman & Feldberg Sarah…...