Real Estate Reporter

Téa Kvetenadze

Téa Kvetenadze covers real estate for the Daily News. She has reported for outlets including the New York Times, Politico and Reuters. In 2021 she graduated from Columbia Journalism School, where she was a Stabile investigative fellow. She is a native New Yorker.

A rendering of the planned NYCFC stadium in Willets Point, Queens.

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Real Estate |
NYCFC stadium in Willets Point passes key milestone as new drawings unveiled

March 6, 2024 at 4:51 p.m.

The vote advanced the second half of the Willets Point plan, which would bring a 25,000-seat soccer arena to the long underdeveloped corner of Queens, plus 1,400 affordable apartments, a...

The 18-point “City of Yes for Economic Development” proposal could make it easier to fill vacant storefronts and allow for more types of businesses in new places — such as more corner stores in residential neighborhoods and more laboratories near hospitals and universities.

Real Estate |
“City of Yes” zoning updates aimed at helping NYC small business advance

March 6, 2024 at 4:58 p.m.

The 18-point “City of Yes for Economic Development” proposal could make it easier to fill vacant storefronts and allow for more types of businesses in new places — such as...

Tenants of a University Heights, Bronx building are suing landlords David Kornitzer, Dov Guttman and their companies over "hazardous" conditions.

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Real Estate |
Tenants sue Bronx landlords over ‘hazardous’ conditions; owners owe $24.7M in back property taxes

March 5, 2024 at 7:42 p.m.

Tenants of a University Heights, Bronx building are suing landlords David Kornitzer, Dov Guttman and their companies over "hazardous" conditions.

The city is creating a $50 million fund that will serve as collateral for minority-owned businesses attempting to secure loans for work on affordable housing projects, Mayor Adams announced Monday.

Mayor Adams unveils $50M fund to help minority-owned real estate developers

March 4, 2024 at 5:11 p.m.

The city is creating a $50 million fund that will serve as collateral for minority-owned businesses attempting to secure loans for work on affordable housing projects, Mayor Adams announced Monday.

New York City’s only casino unveiled a $5 billion expansion proposal on Thursday to bring an entertainment hub, concert hall and more to Southeast Queens — all part of its frontrunner bid to secure one of three full-fledged gaming licenses on offer from the state.

Real Estate |
Resorts World Casino in Queens unveils $5B expansion proposal amid state license contest

March 1, 2024 at 4:41 p.m.

New York City’s only casino unveiled a $5 billion expansion proposal on Thursday to bring an entertainment hub, concert hall and more to Southeast Queens — all part of its...

The bill would not ban or restrict broker fees but would instead ensure that whoever hired the broker is responsible for paying them. As it stands, tenants pay the broker’s fees when moving in even if they were hired by the landlord.

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Real Estate |
Bid to shift NYC real estate broker fees to landlords heading back to City Council

February 28, 2024 at 4:03 p.m.

The bill would not ban or restrict broker fees but would instead ensure that whoever hired the broker is responsible for paying them. As it stands, tenants pay the broker’s...

Banksy's “Ghetto 4 Life” proved contentious when it was popped up in October 2013. Then-Bronx Borough President Ruben Diaz Jr. and some locals said it perpetuated negative stereotypes about the neighborhood.

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One of NYC’s last public Banksy works moving from Bronx to Bridgeport: exclusive

February 27, 2024 at 12:13 p.m.

Banksy's “Ghetto 4 Life” proved contentious when it was popped up in October 2013. Then-Bronx Borough President Ruben Diaz Jr. and some locals said it perpetuated negative stereotypes about the...

An FDNY drone (foreground) is seen searching for victims after a partial building collapse on West Burnside Avenue and Phelan Place in the Bronx, New York City on Monday, December 11, 2023. (Gardiner Anderson for New York Daily News)

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New York News |
NYC fines, suspends engineer blamed for ‘negligence’ after Bronx building collapse

February 22, 2024 at 6:01 p.m.

The private engineer accused of “negligence” by the Adams administration in examining the Bronx building that partially collapsed in December has reached an agreement with New York City that includes...

Related Companies' a $12 billion proposal to build a casino at Hudson Yards includes three skyscrapers and five acres of public open space.

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Real Estate |
Hudson Yards casino plan unveiled as NYC gaming license competition heats up

February 21, 2024 at 5:22 p.m.

Related Companies' a $12 billion proposal to build a casino at Hudson Yards includes three skyscrapers and five acres of public open space.

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Real Estate |
U.S. Supreme Court rejects challenges to New York rent stabilization law

February 20, 2024 at 4:08 p.m.

The lawsuits were brought by two landlord groups who argued New York's rent stabilization laws are unconstitutional and essentially “grant tenants and their successors an indefinite, infinitely renewable lease terminable...

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