Policy Clash: Manhattan elected officials accuse the Trump administration of running the Penn Station master-developer selection “in secret,” citing no public input, unclear costs, and no RFP—setting up a high-stakes fight over how a major transit overhaul is awarded. Short-Term Rentals: Hawaii’s Windward Planning Commission deferred a bill that would tighten STVR rules and raise enforcement fines, while Oakland dropped its lot-rent stabilization push as a new state law shifts the path to mediation. Market Signals: Dubai reported Dhs28.51B in May property transactions across 10,218 deals, with off-plan leading residential activity, while Oahu’s May data showed single-family sales up but condo demand lagging. Deals & Development: India’s Embassy Developments targets ₹8,000 crore FY27 sales bookings, and HCA expands South Carolina urgent-care clinics—both underscoring how real estate demand keeps spilling into adjacent sectors. Local Housing Pressure: South Pasadena is seeing eight former Caltrans homes return to the market, including the 1910 Columbia House, as buyers face tight inventory. Hospitality & Compliance: The Beverly Wilshire Hotel faced brief closures after vermin findings, and Boulder’s Sundance lodging crunch highlights how event demand can quickly strain housing supply.