AxiosSig. 6NewsPoliticsHousingImmigration
President Trump and New York Mayor Zohran Mamdani met for a third time and agreed to deepen talks on a 12,000-home affordable housing project over Sunnyside Yard in Queens, while their disagreements over press access, immigration and taxes remained. The article describes a cordial personal rapport despite recent political clashes.
New York PostSig. 5NewsSportsEconomyHousing
The Los Angeles Rams plan to redevelop a former Woodland Hills mall into a 52-acre, $10 billion mixed-use neighborhood and permanent team headquarters. The project would include thousands of homes, retail, hotels, offices, entertainment venues, and training facilities, with construction targeted for 2027.
New York PostSig. 6NewsHousingPoliticsEconomy
NYC Mayor Zohran Mamdani met with President Trump at Gracie Mansion to pitch federal support for the Sunnyside Yards affordable housing project in Queens. They agreed to continue talks, but Mamdani acknowledged the plan still has a significant way to go and no funding deal was reached.
New York PostSig. 7NewsHousingEconomyElections
A coalition of real estate firms, developers, and housing advocates launched a national 'Let America Build' campaign to push housing supply and affordability into the November elections. The campaign urges dismantling local regulatory barriers and cites a national housing gap exceeding 4 million homes. It builds on the bipartisan 21st Century ROAD to Housing Act and industry claims that zoning and permitting add about $132,000 to a typical home build.
New York PostSig. 5NewsPoliticsHousingOther
Elderly Brooklyn residents and local community board members criticize a Mamdani administration plan to redesign bus routes and create bike boulevards on Dean and Bergen streets, saying it prioritizes cyclists and gentrifiers over seniors and working-class residents. The article presents the plan as a gentrification-driven attack on vulnerable longtime residents, with City Hall offering only a brief defense.
New York PostSig. 5NewsHousingPoliticsLaw
California Assembly Bill 2050 would require HOAs to maintain a 30-year reserve fund and transfer at least 15% of gross annual budgets into reserves beginning in 2032, potentially leading to higher HOA fees or special assessments. The article says millions of homeowners could be affected and notes opposition from the Consumer Federation of California, while supporters say it ensures maintenance costs are covered. Gov. Gavin Newsom has until Sept. 30 to sign or veto the bill.
New York PostSig. 3NewsHousingCulture
A Frank Lloyd Wright-designed home in Galesburg, Michigan, has returned to the market for $2.1 million after a bundled sale with a neighboring Wright house failed. The article details the property's history, restoration, and pricing challenges.
New York PostSig. 6NewsHousingEconomy
Condo owners across the U.S. are struggling to sell units as rising HOA fees, special assessments, insurance costs, and tighter mortgage requirements deter buyers and leave sellers stuck. The article profiles a Colorado owner and cites industry data showing falling condo sales and increasing fees, with many associations planning further increases.
New York PostSig. 2AnalysisHousingEconomy
One Wall Street has many unsold condos, with only 137 completed sales out of 566 units on the market since 2021. A recent sale was recorded for $3.545 million, and a state pied-à-terre surcharge on $5 million-plus second homes is unlikely to help sales.
New York PostSig. 5NewsHousingPolitics
A homeless encampment has appeared across from NYU dorms, with residents saying street life is better under Mayor Mamdani. The article criticizes Mamdani’s hands-off encampment policy, arguing it ties police hands and lets unsightly camps proliferate.
New York PostSig. 2NewsHousing
A two-acre private island on Lake Minnetonka in Minnesota has listed for $7.25 million, the first sale offering in over 50 years. The compound includes multiple historic cabins, a waterfront tower, and lakefront amenities, with the listing agent describing it as rare and suited for multigenerational or retreat use.
New York PostSig. 2NewsHousingEconomy
A gold-domed Fifth Avenue penthouse sold for $9 million, far below its original $25 million asking price after more than 500 days on the market. The seller, tech mogul Greg Carr, will direct proceeds to conservation work in Mozambique.