Mamdani’s $22 billion ‘grand bargain’ for NYC affordable housing

Zohran Mamdani ran for mayor on one promise: make New York City affordable again. This week, he moved to further dismantle the rules New York spent decades erecting to prevent residential density. Mamdani released a 10-year housing plan pledging to build 200,000 new affordable homes while preserving 200,000 more. “These are the most ambitious affordable […]

Mamdani’s $22 billion ‘grand bargain’ for NYC affordable housing Read More »

Zillow, MRED face July 1 hearing after restraining order on feeds

While Chicago-based federal Judge John Tharp, Jr. did order Midwest Real Estate Data (MRED) to restore its listing feeds to Zillow on Friday, amid the listing portal giant’s antitrust lawsuit against the Chicagoland MLS and Compass International Holdings, Zillow’s Chicagoland listings may still be at risk. The order partially granted Zillow’s motion for a temporary

Zillow, MRED face July 1 hearing after restraining order on feeds Read More »

Title companies may still have to follow anti-money laundering rule after FinCEN appeal

An appeal filed earlier this month by the Financial Crimes Enforcement Network (FinCEN) seeks to reverse a court decision vacating a rule requiring title insurance companies to report details of millions of residential real estate transactions. That nationwide anti-money laundering (AML) rule was overturned March 19 by U.S. District Judge Jeremy Kernodle of the Eastern

Title companies may still have to follow anti-money laundering rule after FinCEN appeal Read More »