The micro-unit concept of approximately 103 total units was chosen due to the growing demand of rentals aimed at young professionals who want to live in popular neighborhoods without paying steep rents.

Croman will pay $8 million in restitution to tenants, and independent management will run more than 100 Croman properties, under the civil settlement with the NY Attorney General.

Jeff Rinkov of Lee & Associates gives us some insight on how the new tax plan will impact the economy, commercial real estate and home construction.

CEO Bruce Schanzer says former COO Nancy Mozzachio's case was already in arbitration and is a bad faith attempt to harass him.