Best & Final: Major Tax Plans and Minor Transactions (September 8, 2025)
Update: 2025-09-08
Description
Today’s briefing covers a cleared East Village site awaiting its next chapter, investor David Shapiro’s recent purchases in Chelsea and the Lower East Side, and Aya New York’s $54.7 million acquisition of the Cassa Hotel. We also dive into the mayoral race, where competing tax proposals could reshape the city’s real estate landscape, and close with Douglas Elliman’s Michael Lorber Team expanding to Westchester and Connecticut.
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