Many NYC property owners are angry and confused after they received a notice from the city stating they may owe Mayor Mamdani's 'pied-à-terre tax.'
Rents in Manhattan and Brooklyn reportedly soared to an all-time high last month.
New York City is the real estate capital of the world -- no skyline is more iconic, as it's always bustling with new construction.
Three brothers, including two of the nation's most successful luxury real estate brokers, have been convicted of charges that they conspired to drug and rape multiple women.
After the pandemic, a rapid rise in home prices coincided with stubbornly high mortgage rates, shutting out potential buyers.
Residents in Queens were both angry and disappointed Thursday night in reaction to Mayor Zohran Mamdani's proposal to increase property taxes.