News

Three Brooklyn developers pleaded guilty Friday to cheating 421-a, a once-popular but now-expired state program meant to encourage the development of affordable housing.Mendel Gold, Joel Kohn and Alen Paknoush had each been charged by the Manhattan district attorney’s office with lying when they applied for the generous property tax discounts offered by 421-a, a tax […]

As New York City Mayor Zohran Mamdani’s tax-the-rich plans spark backlash among New York’s wealthy, at least one cohort of millionaires is fully supportive of his policies.The members of the “Patriotic Millionaires” group — who include a Disney heiress, an owner of Manhattan’s Flatiron Building and a former BlackRock Inc. managing director — argue that […]

An ex-Disney chairman has landed in Tribeca, paying $4.9 million for a condo there.Kareem Daniel purchased a 1,700-square-foot unit on Leonard Street, according to a deed published in the city register Wednesday. The two-bedroom, two-bath unit — which has floor-to-ceiling windows, a great room with an open kitchen and a primary suite with a walk-in […]

A Queens development site where members of the troubled Chetrit family had once planned a massive mixed-use project has now traded hands for $17 million, records show.Developers Peter Kulka and the Chetrit Group, through the entity Archer 147 Development, sold three lots in Jamaica at the corner of Archer Avenue and 147th Place to Peter […]