Mamdani notches a loss in opening gambit to take on NYC landlords

New York City Mayor Zohran Mamdani suffered defeat in his first skirmish with multifamily property owners as part of a strategic war to remake the city’s rent-stabilized housing. On Friday, Summit Properties USA became the winning bidder for more than 5,000 rent-regulated units owned by bankrupt Pin

Shake it off! NAR looks to dismiss Taylor Swift copyright claim

The National Association of Realtors (NAR) is hoping to shake off a copyright lawsuit involving photos of an estate belonging to Travis Kelce, Taylor Swift’s fiancé. The trade association filed a motion to dismiss the copyright lawsuit on Friday. Originally filed in U.S. District Court in Missouri i

Meet MVRK Real Estate, the latest brokerage launched by a mortgage executive

Florida’s real estate brokerage scene has a new face. Earlier this month, John Motowidlak, the founder and CEO of national mortgage firm Mpire Financial, announced the launch of a new brokerage firm MVRK Real Estate. Headquartered in Orlando, Fla., as of Monday, Motowidlak said the firm had 10 agent

DOJ probe into Powell prompts bipartisan backlash

Following Federal Reserve Chair Jerome Powell’s disclosure on Sunday that the Department of Justice (DOJ) has issued grand jury subpoenas to the central bank, the investigation has triggered political backlash on Capitol Hill. Sen. Thom Tillis (R-N.C.), a member of the Senate Banking Committee, said