USA Property

In a closed-door meeting last month, Tishman Speyer’s Rob Speyer had some questions for Zohran Mamdani.Speyer asked about Mamdani’s proposal to freeze rents for stabilized apartments, drilling down on the fact that such a move could discourage construction of rental buildings and plunge older housing stock into further distress. This was the Democratic mayoral nominee’s first attempt to make his pitch to business leaders. Mamdani spoke with members of the Partnership for New York City, a consortium of business executives that includes some of the biggest names in the real estate...

Bonita Anderson's favorite part of living in Baltimore is having family nearby. A family matriarch with five children and eight grandchildren, Anderson worked hard to buy a place in the city for her family to call home in 2009."It was an accomplishment for me," she said. "That's where we used to gather to bring the family together."Last week, what was once Anderson's cherished home was listed for sale at nearly $540,000 -- more than five times what she paid for it. But Anderson won't see any of the proceeds.After more...