Best & Final: May 27th, 2025

On the Tuesday, May 27th episode of Best & Final, Jordan Shea discusses a proposed tax bill that could raise the SALT deduction cap to $40,000, impacting buyers and sellers in the $1–$2 million range. The episode also covers developers adapting to 485x incentives by limiting unit counts, the launch of a $100 million climate innovation hub in Brooklyn, SL Green's conversion of a Midtown tower to housing, improved earnings for Douglas Elliman and Compass, new StreetEasy policies on private exclusives, and an update on the Nir Meir case. For more insight, consult Jordan Shea or visit JordanShea.com.