New Midtown rail station approved for ARC Project

Nation’s largest mass transit project will double NJ Transit’s commuter rail capacity into Manhattan. The City Council approved the Port Authority of New York and New Jersey’s applications related to the $8.7 billion Access to Region’s Core (ARC) passenger rail project. Jointly sponsored by the Port Authority and New Jersey Transit, the project’s goal is to double the capacity of NJ Transit’s commuter rail service into Manhattan by building a rail tunnel under the Hudson … <Read More>


Midtown hotels to be built on platforms over rail line

Developer plans two hotels with 354 rooms on platform above Amtrak. SCW West LLC applied for a special permit to allow development of two hotels on a platform to be built over two active, below-grade Amtrak rail lines and a vacant through-lot located west of 10th Avenue in Manhattan. The special permit sought to include the platform’s area into the calculation of lot area. SCW proposed a 12-story, 118-foot tall, 203-room hotel on West 43rd … <Read More>



Updated: “How Doomed is the Loop?”: Discussion on Remote Work Impact on City’s Financial Health

How “doomed” is New York City due to the prevalence of remote work and its impact on commercial real estate values? Experts discussed the city’s fiscal outlook during a recent panel discussion, “How Doomed is the Loop?,” hosted by the Center for New York City Law at New York Law School. The January 25th panel was moderated by Mark Willis, Senior Policy Fellow at the NYU Furman Center for Real Estate and Urban Policy and <Read More>


DOB Announces Penalties for Over 400 Property Owners for Late Parking Structure Report Submissions

On January 18, 2024, the Department of Buildings announced that over 400 property owners had received initial penalties for failing to submit required engineering inspection reports for parking structures located on their properties. Through the Periodic Inspection for Parking Structure (PIPS) program, 1,056 properties in Lower Manhattan, Midtown, and the Upper West Side were required to submit inspection reports to the Department of Buildings before January 1, 2024. 


City Announces $4.2 Million Won in Settlement of Three Lawsuits Against Landlord

On October 26, 2023, Mayor Eric Adams announced that the city has now won around $4.2 million in three lawsuits against Daniel Ohebshalom, a/k/a Daniel Shalom, and his affiliates. This week, the Mayor’s Office of Special Enforcement (OSE) won $1.1 million in payments of penalties and fines from a settlement agreement. The city had sued Ohebshalom alleging that he was engaging in tenant harassment and illegal short-term rentals in three buildings in Midtown and Hell’s … <Read More>