Can NYC Really Take Your Building Away? What Article 7A Means for Landlords | Daily Tesla News

NYC announced Fix the City, a new enforcement campaign using Article 7A to appoint administrators for chronically neglected buildings, with potential ownership transfers to community…

What Property Tax Exemptions Can NYC Veterans Get in 2026? | Daily Tesla News

NYC enacted the Cold War Veterans Property Tax Exemption in December 2025, the first new veteran property tax benefit in city history. If you served…

Why Did NYC Lose a 50-Story Skyscraper That Was Already Approved? | Daily Tesla News

A 50-story skyscraper in Kew Gardens Hills, Queens that was already approved has been scaled down to just 13 stories. The Utopia Living project reveals…

How Does NYC ELURP Fast-Track Affordable Housing Approvals in 2026? | Daily Tesla News

NYC launched ELURP to approve affordable housing in 90 days instead of 7 months. The first two projects include 84 affordable homes in the Bronx…

NYC’s Pied-a-Terre Tax Hits Condo Owners 5x Harder Than Single Family Homes | Daily Tesla News

Governor Hochul's proposed pied-a-terre tax charges condo and co-op owners 4-6.5% while single-family homes pay just 0.8-1.05%. The broken NYC assessment system means the actual…

What Is Mayor Mamdani’s Block by Block Housing Plan for NYC? | Daily Tesla News

Mayor Mamdani released the Block by Block housing plan on May 26, 2026, targeting 200,000 new affordable apartments built and 200,000 existing affordable apartments preserved…

How Fast Is the Staten Island Real Estate Market Moving in 2026? | Daily Tesla News

The Bridge and Boro pipeline is not slowing down. Two new listings signed this week in Staten Island, plus a growing pipeline of flips, Brooklyn…

Is the NYC Cash Buyer Tax Still Happening in 2026? | Daily Tesla News

Albany is reconsidering the proposed 1% cash home buyer tax just days after confirming it would be in the final state budget. Bloomberg and The…

A 1970s office tower in the Financial District just delivered 588 brand new apartments to NYC | Daily Tesla News

Pearl House at 160 Water Street was originally a 24-story office tower built in 1972. Developer Vanbarton Group converted it into 588 market-rate rental apartments…

Albany Is About to Hit Every NYC Cash Home Buyer Over $1 Million With a Brand New Tax | Daily Tesla News

New York State lawmakers and Governor Hochul are adding a 1% tax on all-cash residential purchases over $1 million in NYC. Here is what the…