With one week to go, the City Council is considering a number of bills feared by multifamily owners and developers.  As of this writing, a newly amended version of the Community Opportunity to Purchase Act is expected to drop Wednesday. Keep an eye out for our coverage on what that entails.  A version of the measure released last week gave nonprofits or private firms that team up with nonprofits first dibs on buying distressed multifamily properties with four or more units. Those changes did not win over the bill’s critics.   Wednesday was the last day for bills to be finalized […]

This article originally appeared on The Real Deal. Click here to read the full story.

There were 182 transactions totaling $668 million recorded in New York City over the 24 hours before 4:00 p.m. on Monday, Dec. 10, 2025. 🏆 Residential: The Upper West Side had the priciest residential transaction recorded in New York City. Little Tiger Love LLC dropped $22.7 million on a newly built condo at Extell Development Company’s 50 West 66th Street. The 3,400-square-foot pad has four bedrooms and four and a half baths. The deal works out to about $6,700 per square foot. 🏆 Commercial: The top recorded commercial real estate deal in the Big Apple was the Sapir Organization closing […]

This article originally appeared on The Real Deal. Click here to read the full story.

New York City’s luxury market closed out 2025 on a high note  — and with a more diverse slate of trophy trades than usual.  Tony Upper East Side co-ops, a Gilded Age townhouse and condos in Downtown Manhattan and on the Upper West Side topped this year’s list of the 10 priciest deals in the Big Apple, alongside the Billionaires’ Row supertalls that have spent recent years dominating the rankings. Vornado Realty Trust’s 220 Central Park South reclaimed the No. 1 spot after two deals over $100 million unseated the skyscraper in 2024. The addresses of those sales — Vlad […]

This article originally appeared on The Real Deal. Click here to read the full story.

The Housing Accelerator Fund has doubled the size of its Bay Area Housing Innovation Fund to $100M, giving a fresh jolt to the effort to speed up and de-risk affordable housing production. 
Launched in 2024 with backing from Apple, Sobrato Philanthropies, Destination: Home and HAF, the fund aims to address the financing uncertainty gumming up the works in affordable housing development.

A sweeping directive aimed at streamlining affordable housing production in Los Angeles is now permanent, cementing a policy that developers have used to gain approval for about 40,000 housing units since Mayor Karen Bass introduced it three years ago.
The city council on Tuesday unanimously approved legislation that enshrines Bass’ Executive Directive 1.
Called the Affordable Housing Streamlining Ordinance, the new legislation allows developers of compliant 100% affordable projects to expedite approvals by sidestepping the discretionary parts of the process.

Desperate to catch up with Chinese automakers, Ford is redesigning its fleet with a Silicon Valley-style team. Is it too late?

General Motors is considering downsizing its Bay Area real estate portfolio in a move that would shrink its nearly 1M SF footprint across multiple cities to just 400K SF on a single Silicon Valley campus, the San Francisco Business Times reported.

You may be surprised by the little-known and sometimes nonsensical rules lurking in the fine print. Here are a few that tripped up readers in 2025.

It’s hard to make a movie studio tour exciting when movies aren’t made there anymore. “A vibe of tiredness, like the end of something,” one guest said.

The president continues to brush off an issue that he said he would solve in his first months in office. Some Democrats say he is making the same mistake as his predecessor.