Close Menu
    Trending
    • Trump, Mamdani Continue Sunnyside Yard Talks
    • Aurora, William Gottlieb Grab $300M Refi of Solar Carve
    • New Condos At The Henry, Flatiron Building Top NYC’s Lux Sales
    • Mitch Kossoff Gets Parole
    • New York’s New Dev Pipeline Could Be Bouncing Back
    • Declining Inventory Drives Up Competition for NYC Homes
    • Nothing is Stopping Office-to-Resi Conversions in NYC
    • Mamdani’s Public Toilet Pilot May Offer Developers Relief
    WorldEstateUSA
    • Home
    • Real Estate
    • Real Estate News
    • Real Estate Analysis
    • House Flipping
    • Property Investment
    WorldEstateUSA
    Home»Real Estate News»Trump, Mamdani Continue Sunnyside Yard Talks

    Trump, Mamdani Continue Sunnyside Yard Talks

    Team_WorldEstateUSABy Team_WorldEstateUSASeptember 21, 2026No Comments5 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Mayor Zohran Mamdani and President Donald Trump nonetheless appear to agree on one factor: Sunnyside Yard.

    The 2 held a closed-door assembly at Gracie Mansion forward of the United Nations Normal Meeting, after which emerged collectively for a press convention on the garden behind the mayor’s historic house to speak in regards to the long-stalled Queens megadevelopment, amongst different subjects.

    “I can let you know that Sunnyside’s an enormous job, I’ve been watching that for 35 years — everyone’s needed to do one thing with Sunnyside Yard,” Trump stated. “I’d say that it’s a really federal-oriented job; you’re going to wish lots of federal approvals and possibly some federal cash to do it. But it surely’s all the time been an ideal location. I owned a constructing in Sunnyside, it was an ideal constructing. I do know it very effectively.”

    Mamdani and Trump first met in Washington, D.C. in November when he was mayor-elect. There, Trump said that he and Mamdani had discovered frequent floor on “housing being constructed” and “rents coming down,” calling him “hopefully, a extremely nice mayor.” This unlikely dynamic continued Monday on Mamdani’s house turf, with the pair showing cordial and even collaborative on the garden of Gracie Mansion.

    Mamdani revived the conversation across the stalled plan to develop atop the 200-acre web site, a undertaking that will tie collectively swaths of Lengthy Island Metropolis and Sunnyside separated by the rail yard. 

    At their second Oval Workplace assembly, Mamdani introduced two newspaper printouts depicting the well-known New York Day by day Information headline from 1975 that learn “Ford to Metropolis: Drop Useless” and a mockup that learn “Trump to Metropolis: Let’s Construct.” That almost all latest White Home assembly additionally noticed Mamdani asking Trump for $21 billion in federal grants to fund the platform wanted to construct out the bold residential undertaking.

    Funding for the platform has confirmed elusive at Sunnyside Yard, just like the multi-decade delay to construct atop the Atlantic Terminal rail yards in Brooklyn that just lately noticed renewed plans from Empire State Growth with builders Cirrus and LCOR. Mamdani advised that Trump can be open to additional talks about approvals and funds wanted to make Sunnyside Yard pencil out.

    “One of many focuses of the dialog that the President and I’ve been having is about the potential of constructing extra housing right here in New York Metropolis, we’ve spoken about Sunnyside Yard,” Mamdani stated. “It’s an actual pleasure that simply right this moment we’ve agreed to arrange a brand new stage of that dialog between our housing and operations workforce at Metropolis Corridor and the White Home workforce.”

    The mayor touted the 12,000 properties and 30,000 jobs that Sunnyside Yard might deliver as a “new neighborhood” to be constructed atop the rail yards utilizing a platform that will require federal sign-off and {dollars}.

    Trump additionally described his personal affinity for inexpensive housing improvement. “I do know lots about affordability, as a result of I did that housing,” he stated. “I did many, many low-income and moderate-income buildings through the years and had nice success with it. It was essential.”

    Whereas no actual plans have been introduced but, Mamdani stated he and the president reached an settlement to “be elevated to a spot the place it’s going to even be technical,” between the town and federal authorities.

    “Sure, there may be a side of this that’s about financing,” Mamdani stated. “There’s additionally a side of this about technical and authorized authorization of the development of a platform.”

    The mayor emphasised his administration is “sincerely and dedicated to this as an thought,” however wouldn’t present any greenback quantities or a concrete timeline for the undertaking.

    The press convention additionally touched on policing and immigration. Mamdani’s administration has stood towards federal coverage directives, voicing opposition on points like Immigration and Customs Enforcement presence within the metropolis, the tip of Non permanent Protected Standing for sure populations and the sundown of the Emergency Housing Voucher program later this 12 months.

    TPS got here up at Monday’s assembly, with Mamdani telling reporters he burdened this system’s significance to Trump. 

    Trump has butted heads with Gov. Kathy Hochul on issues together with ICE and TPS, although she has advised openness to a federal position within the revamp of Penn Station. The governor doesn’t plan to carry her personal assembly with the president whereas he’s on the town to deal with the UNGA on Tuesday, she stated at a press conference Monday morning.

    Although Trump and Hochul appear to be at a stalemate, the president continued his complimentary streak with Mamdani. “I’ve seen [Gracie Mansion] with quite a few completely different mayors,” he stated to Mamdani. “And I stated, ‘some nice ones, and a few not so nice ones,’ so hopefully you’re going to be an ideal one and also you’re off to a begin.”

    Learn extra

    Mamdani asks Trump for $21B for Sunnyside Yard megadevelopment 


    NY Building Congress CEO Carlo Scissura and EDC president Anthony Shorris

    NY Dirt: What will it take to get Sunnyside Yard built?






    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleAurora, William Gottlieb Grab $300M Refi of Solar Carve
    Team_WorldEstateUSA
    • Website

    Related Posts

    New Condos At The Henry, Flatiron Building Top NYC’s Lux Sales

    September 21, 2026

    Mitch Kossoff Gets Parole

    September 21, 2026

    New York’s New Dev Pipeline Could Be Bouncing Back

    September 21, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Rudin Lands Four-Year Extension at 32 Sixth Avenue

    November 11, 202518 Views

    Is New York City Real Estate Thankful This Year?

    November 27, 202511 Views

    Slate Seals Acquisition of Stewart Hotel for $255M

    December 23, 202518 Views

    TerraCRG, Totem Venture Takes Gowanus With 400-Unit Filing

    September 8, 20261 Views

    If You’re Worried About Money, Hear This w/How to Money

    May 7, 20265 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

    Why “Higher for Longer” Interest Rates Favor Buy-and-Hold Investors

    June 4, 2026

    Three Trends Shaping the Multifamily Outlook

    May 15, 2026

    Sellers Do What No One Expects

    December 22, 2025
    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.