Editorial: New York needs a fairer property tax system. Maybe a rent freeze can nudge us there

CrainsNewYork.com (Real Estate) 8/8 12:48A https://www.crainsnewyork.com/ed

New York City’s property tax system has been broken for decades, and nearly everyone knows it. What’s new — and potentially a silver lining — is that a leading mayoral candidate may have both the motivation and the political cover to finally fix...

Prep schools build real estate empires in quest to grow enrollment

CrainsNewYork.com (Real Estate) 8/7 12:33A C. J. Hughes, Julianne Cuba

The city’s most elite schools are branching out from reading, writing and arithmetic and into real estate. In a quest to attract more students, prestigious private schools in Manhattan and Brooklyn, including Spence, Browning and Berkeley...

New York’s property tax system is broken. Could Zohran Mamdani fix it?

CrainsNewYork.com (Real Estate) 8/4 12:48A Nick Garber

When Zohran Mamdani met last month with the city’s top businesspeople, he was pressed by Rob Speyer, CEO of real estate giant Tishman Speyer, to explain a glaring gap in his agenda: How would he ensure that his vow to freeze rents for New York’s...

NoMad-based startup fetches $55M as boutique vet model gains ground

CrainsNewYork.com (Real Estate) 8/1 12:33A Ethan Geringer-Sameth

A wave of boutique veterinary clinics is reshaping how pet care is delivered, and paid for in the city. One player is Small Door Veterinary, a NoMad-based startup that offers care through a membership model. The company raised $55 million in...

Alleged straw donor to Mayor Adams planning Park Slope resi project

CrainsNewYork.com (Real Estate) 7/22 12:33A Julianne Cuba, Nick Garber

A Brooklyn developer named last year as one of Mayor Eric Adams' alleged straw donors is planning a 99-unit building in Park Slope, records show. Tolib Mansurov, founder and CEO at United Elite Group, owns the property at 67 4th Ave., where plans...

Carlyle Group cashes in on outer-borough residential buying spree

CrainsNewYork.com (Real Estate) 7/9 12:33A C. J. Hughes

Who owns the block? Well, if that block is in Park Slope, Cobble Hill or Crown Heights, and especially across swaths of Bushwick, there’s a good chance the landlord is the Carlyle Group. To an extent not widely publicized, the global private...

City parks could get more water fountains under Council bill

CrainsNewYork.com (Real Estate) 6/16 12:33A Caroline Spivack

New Yorkers may have an easier time finding public drinking fountains on steamy summer days thanks to a bill passed by the City Council last week that will require the Parks Department to add 50 new drinking fountains near park entrances by 2035....