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Photo: Michael Appleton/Mayoral Photography Office City of Yes, Mayor Eric Adams’s plan to create tens of thousands of new housing units through sweeping zoning reforms, passed through the City Council’s land use and zoning committees on Thursday, clearing the way for the largest changes to the city’s zoning code since 1961 — with some large carve-outs. Negotiations were extensive, lasting well into Wednesday night and delaying the vote by a good five hours, as councilmembers hashed out compromises on parking mandates, accessory dwelling units, and transit-oriented density. So where’d we end up? The mayor’s original plan was projected to create more…

Getty ImagesEight tumultuous days after US President-elect Donald Trump picked Matt Gaetz to be attorney general, the firebrand congressman has withdrawn from consideration for the post.It was a nomination that stunned Washington and sent a shiver through the corridors of the justice department.Trump settled on Gaetz, 42, during a two-hour flight from Washington to Florida last week, according to reports.Still basking in the glow of his election victory, the president-elect was flying back to West Palm Beach last Wednesday afternoon after a cordial meeting with President Joe Biden.That morning Gaetz was not even on the shortlist for the position of…

(L-R) Ellen DeGeneres and Portia de Rossi Kelly Sullivan/Getty Images for RH Ellen DeGeneres and her wife, Portia de Rossi, have left the United States and they don’t plan to return. DeGeneres, 66, and de Rossi, 51, moved out of their Montecito, California home and relocated to the Cotswolds, a rural region of England about two hours outside of London, according to a report from TMZ. The couple, who married in 2008, plan to sell their California property and are still mulling over how much to ask for it. They sold their other mansion, a 10-acre property in Santa Barbara…

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. In the fast-paced, image-driven world of luxury real estate, professionally staging a home can make or break a sale. Few know this better than Samantha Senia, the visionary CEO and designer at Elite Home Staging and Elite Maison in Los Angeles. With over 15 years of experience…

World’s popular digital currency rises as high as $99,073 on expectations Trump will ease legal and regulatory hurdles.Bitcoin is nearing the $100,000 mark as crypto enthusiasts bet that United States President-elect Donald Trump will usher in a more welcoming regulatory environment for digital assets. The world’s most popular digital currency rose as high as $99,073 on Thursday, extending its surge since Trump’s re-election on November 5. The commodity has risen more than 60 percent since election day as investors anticipate Trump’s incoming administration to ease regulatory and legal hurdles to its use. Trump, who called the asset a “scam” during…

Jonathan Majors’ legal drama with his ex, Grace Jabbari, is over … ’cause she just dropped her defamation and assault lawsuit — and, she can’t bring it again. According to documents filed Thursday, the parties filed a stipulation stating “all claims against Defendant in the above-captioned action are hereby dismissed with prejudice.” Basically, Grace agreed to drop the claims in her lawsuit … and, by dismissing them with prejudice, it means they can’t be filed again. It’s unclear if they came to some sort of deal for GJ to drop the suit … we’ve reached out to their lawyers, so…

Mortgage servicing executives foresee significant changes for the industry under a Donald Trump administration, particularly when it comes to interest rates, reform of the government-sponsored enterprises (GSEs) and conforming loan limits. But opinions diverge on what to expect in 2025 and beyond. Mike Patterson, chief operating officer of Freedom Mortgage Corp., which has more than $600 billion in owned mortgage servicing rights (MSRs), predicts “everything is going to change” in 2025. He said the company is preparing for a “slow drop in rates.” Patterson and other executives spoke on Thursday morning during the Information Management Network (IMN) Annual Mortgage Servicing…

Getty ImagesMr Adani’s sprawling $169bn empire spans ports and renewable energyJust weeks ago, Gautam Adani, one of the world’s richest men, celebrated Donald Trump’s election victory and announced plans to invest $10bn (£7.9bn) in energy and infrastructure projects in the US.Now, the 62-year-old Indian billionaire and a close ally of Prime Minister Narendra Modi, whose sprawling $169bn empire spans ports and renewable energy, faces US fraud charges that could potentially jeopardise his ambitions at home and abroad.Federal prosecutors have accused him of orchestrating a $250m bribery scheme and concealing it to raise money in the US. They allege Mr Adani…

We’ve got a shocker, celebrity gossip followers. On Thursday afternoon, The Supreme Court of Illinois overturned the convictions of Jussie Smollett… the veteran actor who was previously found guilty of falsely reporting a hate crime following a VERY high-profile 2019 incident. At the time this crime was allegedly committed, Smollett was a main cast member on the Fox drama Empire. Jussie Smollett attends “The Lost Holliday” New York screening on September 25, 2024 in New York City. (Photo by Steven Ferdman/Getty Images) He claimed four-plus years ago that he was the victim of a homophobic and racist assault, but was…

Old tower at left, new tower at right, reworked old base at bottom. Photo: Max Touhey Sometimes, a good tower is one you hardly notice. If you’re standing in Madison Square Park, your eye is drawn up to the stone campanile from 1909, with its round clockfaces and glowing finial. Let your gaze sweep down and to the right, and it will pass over a studiously unfussy crateful of offices erected half a century later. Raise your eyes again, and you come to the latest intervention, the black-steel-and-clear-glass tower that Kohn Pedersen Fox has just tweezered onto the existing base.…