Close Menu
    Trending
    • John Mangin heads to the hot seat
    • Midtown Capital Drops $86 Million in Doral Industrial Market
    • StreetEasy Caps Big Brokerages from Experts Program
    • Havas Health Inks 254K SF Expansion At 200 Madison
    • What’s Going On With Chobani House?
    • YS Developers Signals Future of Rezoned Clinton Hill Site
    • Rent Freeze Suit Sees New Venue, Same Battle
    • Carriage horse ban could unlock prime Far West Side sites
    WorldEstateUSA
    • Home
    • Real Estate
    • Real Estate News
    • Real Estate Analysis
    • House Flipping
    • Property Investment
    WorldEstateUSA
    Home»Real Estate News»John Mangin heads to the hot seat

    John Mangin heads to the hot seat

    Team_WorldEstateUSABy Team_WorldEstateUSAAugust 29, 2026No Comments6 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Mamdani’s decide to steer the Board of Requirements and Appeals met lawmaker pushback, because the Metropolis Council approaches a crossroads at subsequent week’s affirmation listening to.

    John Mangin, who’s at present director of the Division of Metropolis Planning’s housing division, acquired vociferous opposition from many council members who took difficulty with a paper he wrote greater than a decade in the past in Stanford College Legislation and Coverage Assessment. 

    Within the article, he referred to as out “rich house owner cartels,” citing an inclination to restrict density of their neighborhoods that he argued has hindered makes an attempt to extend housing provide in high-demand areas.

    Lawmakers together with Deputy Speaker Nantasha Williams, Land Use Committee Chair Kevin Riley and even Speaker Julie Menin have voiced considerations about his views on house owner affect in land use discussions and group advantages agreements. The Actual Deal columnist Erik Engquist captured the talk final week, however the Council has proven little proof of reconciliation with Mangin’s positions since then.

    With the Sept. 1 affirmation listening to quick approaching, Mamdani’s nominee for a task imbued with new powers after Metropolis Constitution revisions final 12 months remains to be in for a contentious line of questioning. Advocacy teams together with the Actual Property Board of New York and the New York Housing Conference, together with Annemarie Gray, who leads abundance group Open New York, have thrown their assist behind Mangin.

    Mitch Korbey, chair of the land use and zoning group at Herrick, Feinstein, served as a BSA commissioner throughout the Giuliani and Bloomberg administrations. He thinks the Council is more likely to put aside its variations with Mangin and in the end affirm him to steer BSA subsequent week.

    “It’s a really particular company, it definitely has its powers, but it surely’s not a legislative operate or political operate in any respect, and it’s at all times been impartial,” Korbey mentioned. “It’s not implementing new coverage, it’s merely in a really discrete style going to be ruling and making choices on sure housing growth tasks.”

    Speaker Menin and Council management have discovered some frequent floor with Mamdani on the extra pro-development facets of his agenda, although final 12 months’s poll measures additionally weakened the custom of member deference significantly with updates to land use processes. Riley explicitly pushed back towards “notion on-line that this Council is a NIMBY Council” at a press convention following the preliminary Mangin nomination dust-up. However the legislative physique’s actions will converse louder than one member’s phrases in the case of incomes a YIMBY label.

    If he secures the function of BSA chair, Mangin gained’t have unilateral say on issues earlier than the board, nor will he essentially function in lockstep with the mayoral administration that chosen him for the job, in response to Korbey.

    “After I was there, there have been occasions once I voted on issues which may have been unpopular by way of the administration,” he mentioned. “The chair solely has one vote, simply as the opposite commissioners, and it takes a majority of the board to undertake something. This has turn out to be political, it’s turn out to be a push and pull between the administration and the Council, however John is with out query certified, with out query an skilled in his area.”

    Low emptiness charges and climbing rents point out a housing scarcity that the administration and the Council alike have agreed can be a most important coverage focus. However addressing the necessity for extra housing would require instant motion if the Mamdani administration hopes to alleviate provide points by constructing 700,000 houses, together with 200,000 reasonably priced models, over the subsequent decade.

    “I perceive the Council’s concern right here, however this isn’t a political determination,” Korbey mentioned. “We’ve got seen prior to now decade or so, notably within the space of neighborhood rezonings, what I typically name hyper-localism. Initiatives that may have a broad metropolis affect and supply actual alternatives for a borough or the town have been held up due to the considerations of a block.”

    What we’re fascinated by: Do you assume the Council will approve Mangin? Is he more likely to make a giant splash if confirmed as BSA chair? Let me know your predictions at ben.miller@therealdeal.com.

    A factor we’ve realized:

    • Ever questioned what the colourful plastic tags embedded in New York Metropolis sidewalks imply, or how concerning the spray-painted markings left behind by metropolis staff? They’re often left behind to point who final carried out upkeep work on a patch of sidewalk or roadway or what lies beneath the asphalt, letting different companies know what infrastructure is under earlier than they begin digging, the New York Occasions reported.

    Elsewhere…

    • NJ Transit misplaced almost $4 million working trains to World Cup video games on the Meadowlands advanced this summer season, Gothamist reported. The transit supplier’s chief monetary officer referred to as its $98 round-trip ticket pricing “acceptable” and mentioned it was a step to “enhance farebox restoration” in a memo, however service value a complete of $55.7 million in contrast with simply $51.7 million in income throughout the video games. Ridership didn’t attain the 40,000 tickets NJ Transit put aside for every sport, peaking at 26,221 for the June 16 match between France and Senegal.
    • Metropolis Corridor has delayed the publication of its technique for including 2,100 public bogs throughout the 5 boroughs, after the mayor’s staff mentioned the duty of coordinating metropolis companies to launch the plan by Sept. 1 was too sophisticated to satisfy the deadline. Laws dubbed the Toilet Invoice handed within the Metropolis Council final April, aiming to double the variety of public restrooms over the next decade. Deputy Mayor Julia Kerson — who can be spearheading the mayor’s BQE Central rehabilitation efforts — informed Speaker Menin in a letter that the lavatory rollout was backed up, however plans to submit the report by Nov. 1, per the City Reporter.
    • President Donald Trump gained’t attend a ceremony at Floor Zero commemorating the twenty fifth anniversary of 9/11, opting to skip the occasion as a result of he gained’t be permitted to ship a speech, the New York Each day Information reported. He’s anticipated to attend a ceremony on the Pentagon the place he’ll ship a speech, with Vice President JD Vance changing him on the Decrease Manhattan occasion. 

    Closing time

    Residential: The most costly residential sale recorded Friday was $7.9 million for 60 Riverside Boulevard, Unit 3501. The Higher West Aspect condominium unit in The Aldyn constructing is 4,400 sq. ft. Blu Real Estate’s Alon Chadad, David Tobon, Jonathan Kamback and Edward Diaz had the itemizing.

    Industrial: The most costly industrial transaction was $21.6 million for 1265 Oak Level Avenue. The Hunts Level warehouse is 50,000 sq. ft. 

    New to the Market: The very best value for a residential property hitting the market is $9 million for 111 Leroy Road, Unit 9. The West Village condominium unit is 2,430 sq. ft and about $3,700 per sq. foot. The Corcoran Group’s Catherine Juracich and Thomas Ventura have the itemizing.

    — Joseph Jungermann





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleMidtown Capital Drops $86 Million in Doral Industrial Market
    Team_WorldEstateUSA
    • Website

    Related Posts

    Midtown Capital Drops $86 Million in Doral Industrial Market

    August 28, 2026

    StreetEasy Caps Big Brokerages from Experts Program

    August 28, 2026

    Havas Health Inks 254K SF Expansion At 200 Madison

    August 28, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Brooklyn Heights Townhouse Snags Deal After Asking $13M

    June 30, 20262 Views

    AI Startup Clay inks 163K sf lease at SL Green’s 11 Madison

    March 9, 202616 Views

    Retirement accounts become emergency funds as financial stress rises

    February 2, 20268 Views

    Atlas Capital Snaps Up East Village Rental Building

    January 17, 202612 Views

    Federal policy shifts drive new housing compliance challenges

    February 11, 202613 Views
    Categories
    • House Flipping
    • Property Investment
    • Real Estate
    • Real Estate Analysis
    • Real Estate News
    Most Popular

    2026 Home Price Predictions: The Correction Continues?

    December 8, 20251,886 Views

    Real Estate Scion is Holdout Against Artists in Soho Drama

    November 28, 202550 Views

    Larry Ellison Buys Two Pierre Units From Shari Redstone

    November 27, 202537 Views
    Our Picks

    NYC Bucks National Trend, Climbs Toward Record

    November 14, 2025

    How data discipline reshaped homebuilding in 2025

    December 15, 2025

    Brooklyn Army Terminal Signs Four New Tenants

    May 14, 2026
    Categories
    • House Flipping
    • Property Investment
    • Real Estate
    • Real Estate Analysis
    • Real Estate News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Worldestateusa.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.