Mihir Zaveri

The new tax surcharge will be phased in over two stages, as the city and state work out a better way to identify which high-end pieds-à-terre will be affected.

With affordable housing in extremely high demand, Mayor Zohran Mamdani’s administration is announcing plans to reduce red tape and get people into those apartments faster.

The panel that regulates rents for nearly one million apartments is set to weigh in on potential increases for the first time since Mayor Zohran Mamdani took office.

The tax proposal is being held up as a generational attempt to make the ultrawealthy pay more to society and potentially raise $500 million a year for New York City.

A Brooklyn case has ignited a debate around the prevalence of deed theft, in which scammers fraudulently take ownership of people’s homes. Here’s what we know.

The office will seek to crack down on the practice, in which people fraudulently take ownership of others’ homes.

As state leaders determine how much owners of high-priced second homes in New York City may have to pay, they are also wrestling with opaque L.L.C.-ownership issues.

The money could jump-start affordable housing projects across the metropolitan region.

The city thinks four developments in Chelsea are too run-down to be saved, and wants to rebuild them, adding mixed-income housing. Some residents are opposed.

Nine board members, six of whom were appointed by Mayor Zohran Mamdani, will meet Thursday to begin weighing whether to enact a rent freeze.

Some residents in the Manhattan neighborhood are fighting the construction of two apartment towers, which could rise up to 19 stories on the site of a parking lot.