Lilah Burke

A victim of an alleged escrow fraud scheme is now suing Flagstar Bank, saying it should have acted to stop the theft. Elizabeth Capital Success had $148 million allegedly diverted from an attorney escrow account by former attorney Mark Nussbaum, who is fa... See more

New York's carriage horse industry is coming to an end. The City Council voted Thursday to phase out carriage horse operations in the city by 2028. That policy could affect the value of some key Manhattan lots. The horses in Central Park of course go some... See more

New York City is a blue town when it comes to politics. And that's making for an uncomfortable tension for real estate donors. Two recent stories highlight this dynamic: First, residential broker Jason Haber and the team behind the American Real Estate As... See more

A recently rezoned Sheepshead Bay parcel has changed hands, paving the way for a large-scale affordable housing development. A joint venture between ABS Partners and AAG Management sold the development site at 2185 Coyle Street in Brooklyn for $37 million... See more

Mayor Zohran Mamdani wants to build big. Sometimes. In his six months as New York's mayor, Mamdani has backed several large-scale affordable housing projects. On Thursday, he attended a ribbon-cutting in East New York for a 386-unit affordable project led... See more