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Friday, March 6, 2026

'Why doesn’t Mayor Mamdani care about NYCHA affordable housing?'

We’re starting to wonder if Mayor Zohran Mamdani has any real interest in promoting affordable housing in New York, rather than just posing on the issue: Why else would he ignore the thousands of public-housing units that sit empty for lack of funds to renovate?

The city Department of Investigation just identified 6,740 apartments now warehoused because the New York City Housing Authority can’t find the cash to bring them up to code.

The cost is only an estimated $52,000 per unit, far less than Mamdani wants to spend on other housing plans: The Queens project he’s asking President Donald Trump to fund would cost hundreds of times that per apartment.

Indeed, he could help renovate tens of thousands of private units now kept off the market for far less than that pipedream.

But back to NYCHA: The vacant units put other tenants in danger, as drug crews and vagrants seize them for illegal squats.

Indeed, squatters sit in hundreds of these apartments, while 165,000 law-abiding families languish on NYCHA’s waitlist.

Mr. Mayor: You are the landlord to half a million public-housing tenants, with a duty to address their inhumane living conditions — rats, dilapidation, lack of heat and hot water, poisonous mold and lead paint.

Bart Schwartz, the federal monitor overseeing the beleaguered agency since 2019, says NYCHA is “fraught with serious problems in structure, culture, and directions, and perhaps even worse.”

Mamdani’s rent freeze and “rental ripoff” hearings (where NYCHA tenants can’t ask questions!) will do nothing for these New Yorkers — are they just not bourgeois enough for him?

Or is it simply that facing the dysfunction of public housing would make a mockery of his plans to “socialize” buildings that are now private?

For what it’s worth, the NYPD cares: It drove crime in public housing down 14.7% in February and 12.1% year-to-date with record-low shooting incidents, shooting victims, murders and robberies.

Instead of asking the president for $21 billion for the Sunnyside project, Mamdani could find $400 million in his own budget to rehab these NYCHA units.

You could probably even get a great TikTok video out of it, Mr. Mayor.

https://nypost.com/2026/03/06/opinion/why-doesnt-mayor-mamdani-care-about-nycha-affordable-housing/

Thursday, March 5, 2026

How California Steals Land

 In 2008, Californians voted on what they were told would be a modern transportation system — a sleek, high-speed rail line connecting Los Angeles and San Francisco in under three hours, financed in part by private investment, delivered at a defined cost, and built within a reasonable timeframe.  Eighteen years later, all that has been delivered is one of the largest eminent domain land grabs in modern history.

No serious person disputes that infrastructure requires land.  But the power of eminent domain is not merely an administrative tool.  It is among the most formidable powers government possesses: the authority to compel the transfer of private property for “public use.”  The Founders allowed it reluctantly, instituting constitutional protections and the requirement of just compensation.  The theory was simple: The public benefit had to be clear, direct, and necessary.

What Californians are witnessing today is a perverse transmogrification of the concept.

The California High-Speed Rail Authority has acquired more than two thousand parcels of land — along its proposed routes, particularly through the Central Valley.  Much of this land was obtained through negotiated purchase, but a substantial portion required formal eminent domain proceedings.  Farms have been bisected.  Family homes have been condemned.  Small businesses have faced displacement.  In many cases, the takings were not entire properties, but strips and easements — yet those “partial” takings often cripple the economic viability of what remains.

The most striking fact is not merely the number of parcels, but the context in which they were taken.

The project that voters approved bore specific representations: a defined route, defined endpoints, cost estimates, and a timeline.  Yet over the years, those routes have shifted, and timelines continue to stretch toward infinity.  The grand statewide vision is little more than a pipe dream.  Meanwhile, land has already been taken — permanently.

Property rights are not abstract philosophical ornaments.  They are the institutional backbone of a free society.  When government exercises eminent domain, it is asserting that the public need outweighs the individual’s right to keep what is his.  That assertion demands that the project be real, viable, and necessary.

When land has been taken for a project that later changes, the property owner does not get his land back.  When construction phases are delayed for years, the displaced family does not rewind time.  When farmland sits idle because funding gaps stall progress, the farmer does not recoup lost continuity of operation.

The defenders of the project often argue that large infrastructure efforts inevitably evolve.  That is  sometimes true.  But evolution in engineering design is not the same as evolution in political promises.  The moral justification for eminent domain depends on the integrity of those promises.

If a private developer misrepresents a project to induce land sales, the law calls that fraud.  When the government makes optimistic projections, downplays risks, and then substantially alters the project after land has been secured, the label may be different, but the practical effect on property owners is the same.

Consider the incentives.  Politicians gain prestige from announcing ambitious projects.  Bureaucracies gain budget and authority as projects expand.  Contractors gain long-term revenue streams.  But the individual property owner stands alone.  His home or farm is not a line item in a budget; it is his capital, his security, and often his legacy.

Compensation, while constitutionally required, does not erase the asymmetry.  “Fair market value” is a theoretical construct.  It rarely captures relocation costs, disruption of community ties, lost business goodwill, or the emotional attachment to land held for generations.  Moreover, the state’s valuation and the owner’s valuation frequently diverge, leading to protracted legal battles in which the government’s resources far exceed the individual’s.

This dynamic is particularly acute in agricultural regions.  In the Central Valley, the rail corridor cuts through productive farmland.  Even when only a strip is taken, irrigation systems must be reconfigured, equipment routes altered, and economies of scale disrupted.  A narrow slice of land can impose broad consequences.

And then there is the uncomfortable question: What if portions of the system are never completed, or not delivered as originally envisioned?

If the high-speed rail network remains a partial system — if funding constraints or political shifts prevent full build-out — then land will have been taken under the banner of a comprehensive project that never materializes.  The constitutional standard is “public use,” but public use implies public functionality.  A right-of-way that sits unused or underused for decades is an egregious violation of individual rights.

We now know that the state’s original ridership projections, cost estimates, and private investment assumptions were totally speculative and overly optimistic.  To proceed with land acquisition on the basis of projections that repeatedly change is to shift risk onto property owners who never volunteered to bear it.

Democratic consent is meaningful only if voters understand what they are authorizing.  When Californians approved billions in bonds, they were not presented with a detailed map of every parcel to be condemned, nor with a candid assessment of how frequently alignments might shift.  They voted for a transportation vision.  They did not vote to empower an open-ended land acquisition program whose scale would become clear only years later.

Eminent domain, by its nature, is coercive.  It substitutes state judgment for individual choice.  That substitution can be justified — but only under stringent conditions.  When those conditions are diluted by shifting plans, cost escalations, and uncertain completion, the moral and constitutional foundation weakens.  The citizens pay a heavy price for having trusted the government.

This is not an argument against infrastructure per se.  Roads, bridges, and railways have long required land assembly.  It is an argument for discipline — fiscal, political, and moral — before invoking the state’s most intrusive powers.

A government that can take land on the basis of ambitious or unrealistic projections must also be willing to reassess when those projections deteriorate.  Each additional parcel condemned is an immoral act with permanent consequences.

Californians were promised speed, efficiency, and transformation.  What many property owners have experienced instead is uncertainty, displacement, and the heavy hand of eminent domain exercised for a project with no resemblance to its original design.

In the end, the controversy over high-speed rail is not merely about trains or budgets.  It is about the hierarchy of values in a free society.  Property rights are a cornerstone of individual liberty.  When they can be, in effect, stolen by bait-and-switch politics, citizens are reduced to pawns and dupes.

Jim Cardoza is the author of The Moral Superiority of Liberty and the founder of LibertyPen.com.  

https://www.americanthinker.com/articles/2026/03/how_california_steals_land.html

Sergey Brin is the second tech billionaire to buy in Miami this week — brokers predict prices will soar

 The Miami real estate market can’t stop making headlines.

A rush of tech billionaires and business titans have raised the bar for South Florida prices in only a handful of years. The most recent convert of the Sunshine State is Google co-founder Sergey Brin, who just shelled out $51 million for the Allison Island home of LVMH CEO Michael Burke, the Real Deal first reported.

The deal marks yet another high-profile, waterfront lot purchase within Miami’s ultra-exclusive communities, like Allison Island, Star Island and Indian Creek.

Sergey Brin’s recent purchase follows similarly high-priced deals made by Larry Page and Mark Zuckerberg.Bloomberg via Getty Images
Allison Island numbers among Miami’s ultra-wealthy island enclaves with in-demand waterfront lots.Jeffrey Greenberg/Universal Images Group via Getty Images

The current wave of tech execs snapping up trophy properties has been largely linked to a proposed California ballot initiative targeting billionaires.

Brin joins his Google co-founder Larry Page, who spent the new year assembling a 4-plus acre estate in Coconut Grove, now worth more than $188 million.

Mark Zuckerberg officially landed in the ultra-exclusive Indian Creek Island community early this week, shelling out a record-setting $170 million for just 1.84 acres a few doors down from Jeff Bezos.

“There are many buyers that are buying here as a hedge in the scenario that there is a wealth tax implemented in their state,” Mick Duchon of Corcoran told The Post. “So just the threat of it is enough of a reason for them to buy here.”

Google co-founder Larry Page joined Miami’s Coconut Grove set earlier this year.Zak Bennett for New York Post

The impact of these mega-watt transactions on the city’s luxury tier is tangible.

A mystery buyer previously paid $110 million for an empty patch of Indian Creek next door to two of Bezos’ plots. The 1.6-acre Coconut Grove property next to Ken Griffin’s record-setting, two-parcel estate listed this month for $110 million — an unthinkable price in the not-so-distant past. 

The last record-setting price boom took place in 2022, driven by wealth migration, remote work and a flood of liquidity among the ultra-wealthy.

Cash-heavy transactions nearly doubled Miami’s ultra-luxury price threshold, according to Realtor.com data, from $9.9 million in mid-2020 to a peak of $19.6 million in 2022.

Mark Zuckerberg paid $170 million cash for his record-setting acquisition on Indian Creek Island.SplashNews.com

That boom has unwound somewhat as supply returned and buyers cooled off. The cost of entry into the top 1% of Miami’s housing market sat at $15 million as of February, according to Realtor.com data. That threshold has fallen since 2022, but remains nearly 69% above pre-pandemic levels.

Miltiadis Kastanis of Compass told The Post that even homes in the $5 to $10 million range “are getting eaten up” this season. Anything waterfront is selling like hotcakes.

“They’re now transacting at a pace that we haven’t seen for a long time,” Kastanis said, adding that his preferred home inspector for luxury listings currently needs to be booked two weeks in advance.

Miami’s feverish luxury tier stands in stark contrast to the rest of the market, as unaffordable, unwanted inventory piles up.be free – stock.adobe.com

Lourdes Alatriste, a Douglas Elliman broker, told The Post that wealthy buyers interested in off-market properties have been calling consistently since November.

But few housing markets are as bifurcated as South Florida. The region’s luxury entry prices are nearly five times the local median across metros like Miami, Fort Lauderdale and West Palm Beach, according to Realtor.com’s December Luxury Report.

While Miami seems to be a “target destination” amid tax and policy shake-ups in London, New York and Los Angeles, Corcoran broker Cyril Bijaoui told The Post that inventory of homes below $1 million is stagnating.

Overall market demand fell last year in Miami, with the condo market racking up more than a year’s worth of inventory. Despite founders from Amazon and Palantir making a home in the city, they’re not necessity bringing thousands of jobs with them.

“It’s all fun and exciting, but there are a lot of people here that can’t afford to be here anymore, and you need those people as well,” Bijaoui said.

Miami’s busy season, which typically spans November to May, may yet see more record-setting deals.AP

Miami luxury is giving even New York City a run for its money.

For the first time ever, Miami surpassed New York City last year in number of million-dollar listings, Realtor.com Senior Economist Anthony Smith told The Post. Miami’s share of luxury buyers — foreign buyers, retirees, second-homeowners — are also more likely to use cash.

With the local housing market now in the midst of its busiest season, sources tell the Post even more deep-pocketed buyers are on their way.

https://nypost.com/2026/03/05/real-estate/sergey-brin-is-the-second-tech-billionaire-to-buy-in-miami-this-week/

Mamdani moves to close NYC’s largest men’s homeless shelter housing 250

 The city’s largest homeless shelter for men — housing 250 residents in Manhattan — will close by the end of next month, Mayor Zohran Mamdani announced Thursday.

The city-owned Bellevue shelter on 30th Street has fallen into what the Mamdani administration called a “severe state of disrepair.”

Bellevue men's shelter in Manhattan
Mayor Zohran Mamdani announced the closure of the Bellevue shelter in Manhattan by the end of next month.Robert Miller

The building will be shuttered by the end of April, City Hall said — noting the hundreds of current residents would be relocated, without revealing where they’d be sent.

“My administration is focused on ensuring every New Yorker experiencing homelessness not only has access to shelter, but to spaces that are safe, humane and truly livable. We cannot accept a system that treats people without dignity or stability,” Mamdani said in a statement.

The abrupt announcement sparked immediate concern from one of the city’s most prominent homeless advocacy groups, which called the short-notice closure a risk that could cause confusion and deter individuals in need from seeking help.


“For decades, the 30th Street facility has served as the primary intake center for adult men and adult families across all five boroughs,” said the Coalition for the Homeless and Legal Aid Society in a joint statement.

“Any disruption to this critical front door to shelter — especially on short notice — risks creating confusion and additional hardship for people who are already experiencing homelessness.”

City Hall said the Department of Social Services and the Department of Homeless Services were working to relocate residents by mid-March.

https://nypost.com/2026/03/05/us-news/mamdani-to-close-nycs-largest-mens-homeless-shelter-housing-250/