Judge approves sale of 5,100 contested rent-stabilized NYC apartments

A federal bankruptcy judge ruled to authorize the sale of 5,100 mostly rent-stabilized units in New York City in a deal that Zohran Mamdani tried to stall on the day he swore in as the new New York City mayor.​ With the decision, international real estate firm Summit Properties USA will acquire 93 buildings from [……
Read More