September 23, 2026 - 18:38

President Donald Trump and New York City Mayor Zohran Mamdani met to discuss a proposal for what they described as an "entire new neighborhood" in the city, as housing costs continue to climb.
While speaking to the press after the meeting, the leaders shared that their discussion focused on improving affordability for New Yorkers. The plan, still in its early stages, would involve building a large-scale residential development on underused land. Neither side offered specific details about the location or the number of homes that could be built.
The meeting comes as rents and home prices in the city remain near record highs, pushing many families to look for housing far from their jobs and communities. Mamdani has made affordability a central focus of his administration, while Trump has repeatedly pointed to the cost of living as a national concern.
Both leaders called the conversation productive and said further talks would follow. It remains unclear how the project would be funded or which agencies would oversee construction. Housing advocates welcomed the attention to the issue but said any plan must include units for low and middle income residents, not just market rate apartments.
October 4, 2026 - 21:33
Egypt Moves to Tighten Real Estate Rules with New Developer LawEgypt is preparing to overhaul the regulation of its real estate development market through a draft law establishing the Egyptian Federation of Real Estate Developers and introducing new rules for...
October 4, 2026 - 03:50
XLRE vs. RWO: Which Real Estate ETF Offers Better ValueInvestors looking at real estate exposure have two very different options in XLRE and RWO. One fund keeps its focus on U.S. large-cap properties and charges a 0.08% expense ratio. The other spreads...
October 3, 2026 - 00:43
High Fuel Prices Fail to Cool Demand for Gas Station PropertiesInvestors continue to chase gas station and convenience store real estate even as fuel costs climb, according to new market data. Cap rates for convenience store properties averaged 5.63 percent in...
October 2, 2026 - 03:43
Spotlight TV Features Danet Linares of Blanca Commercial Real EstateIn a recent episode of Spotlight TV, host Emily Zubi sat down with Danet Linares, Executive Vice Chairman at Blanca Commercial Real Estate, for an in-depth conversation covering leadership, the...