December 16, 2025 - 06:22

Cheryl McKissack Daniel, the President and CEO of McKissack and McKissack, highlights the ongoing challenges posed by bureaucratic obstacles in New York City's real estate development. During a recent interview, she emphasized that the construction industry in NYC has been significantly hindered by excessive red tape, which complicates and delays projects.
McKissack Daniel noted that her firm is currently engaging in discussions with the city’s new mayor, indicating a willingness from the administration to address these pressing issues. She expressed optimism that the current leadership recognizes the need for reforms to streamline processes and reduce the burdens that developers face.
By fostering a more efficient regulatory environment, New York City could enhance its construction sector, potentially leading to increased development and economic growth. The dialogue between McKissack and city officials signals a proactive approach to tackling the complexities of urban development, with hopes for a more collaborative future.
April 8, 2026 - 12:35
City Council mulling lowering proposed real estate tax hike by a pennyIn a move that could ease the financial strain on residents, the City Council is actively exploring options to reduce a previously proposed real estate tax increase. New discussions indicate the...
April 7, 2026 - 20:45
See inside: $19M Lake Norman estate could set a local record for priciest saleA breathtaking waterfront estate on Lake Norman has hit the market for $19 million, a price point that could establish a new benchmark for the area`s luxury real estate. This opulent property...
April 7, 2026 - 08:35
Aon Appoints Winnie Loh as Real Estate and Data Centre Leader for Southeast AsiaSINGAPORE – Aon plc, a prominent global professional services firm, has announced the strategic appointment of Winnie Loh as its Real Estate and Data Centre Leader for Southeast Asia. This move...
April 6, 2026 - 18:41
Former Chicago Ald. Edward Burke lists Southwest Side home for $1.5MThe longtime Southwest Side home of former Chicago Alderman Edward Burke and his wife, retired Illinois Supreme Court Justice Anne M. Burke, has officially hit the market. The prominent couple is...