Belmont shows a big project can succeed in the suburbs
Long Islanders are nothing less than thrilled that final approval was granted this month for a permanent home for the New York Islanders in Belmont Park, along with a hotel and retail village. The only...
View ArticleWeWork populates rankings of city’s largest property sales and office leases
WeWork’s purchase of the Lord & Taylor building at 424–434 Fifth Ave. was not the largest property sale to close in the first half of this year. But it was the second largest, which along with the...
View ArticleLegislature to hold hearing on Con Ed blackouts
The "fundamentals" of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President...
View ArticleWhite House insists 'fundamentals' of U.S. economy are strong
The "fundamentals" of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President...
View ArticleWeWork analyst warns IPO filing a ‘masterpiece of obfuscation’
WeWork’s IPO prospectus lacks the information needed to create a financial model of the company, according to an analyst who specializes in new listings.The We Co., which is expected to raise about...
View ArticleCuomo signs bill that could sink controversial floating digital billboards
Floating digital billboards that attracted a storm of backlash this year may soon have to sail away for good.Gov. Andrew Cuomo signed legislation on Tuesday that prohibits vessels operating digital...
View ArticleWhole Foods snags NoMad location
Whole Foods is expanding its city presence to NoMad.The company has signed on for 60,000 square feet at 63 Madison Ave. in the neighborhood, as first reported by the New York Post. The gourmet market...
View ArticleDon't be fooled by Amazon headlines
Six months ago Amazon suddenly pulled the plug on its plans to build a second headquarters in Long Island City and bring 25,000 high-paying jobs to Queens. And in recent weeks a wave of stories, many...
View ArticleNew York, two other states sue over Trump immigration rule
New York state, New York City, Connecticut and Vermont sued the federal government Tuesday over new Trump administration rules blocking green cards for many immigrants who use public assistance...
View ArticleMSG stock falls as hopes of Dolan selling Knicks fade
James Dolan, the owner New York sports fans love to hate, last year sent hearts racing and his company’s stock soaring when Madison Square Garden Co. said it would spin off the Knicks and the Rangers...
View ArticleCity's welfare number shrinks to lowest since 1963
The number of New York City residents on welfare has dropped to a more than half-century low.There were 331,700 residents who received cash assistance in June, according to the Independent Budget...
View ArticleReport: Trump opportunity zone program could cost New York millions
A signature Trump administration program represents a major opportunity for New York investors—and a fiscal risk for state and city governments—according to a new report by a watchdog group.The...
View ArticleLawsuit accuses upstate New York jail of discrimination
An inmate has charged in a federal lawsuit that jail officials in upstate New York discriminated against him by putting him in a restrictive housing unit because he is legally blind.The lawsuit filed...
View ArticleVolcker rule trading overhaul sought by Wall Street takes shape
Wall Street watchdogs rolled out a long-anticipated overhaul of the Volcker Rule that eases its controversial restriction on banks making speculative investments, wrapping up a top de-regulatory goal...
View ArticlePressing the flesh in the city that never sleeps
Spoiler alert: This story does not have a happy ending.Some years ago Atsumi Kaneda, a Deloitte accountant in Japan, got so stressed by work that she developed insomnia. She looked far and wide for...
View ArticleReport: Public charge rule may thwart state's Medicaid progress
Plus: NY health centers get $6.4M in federal grantsPhysician group opens wellness center in the BronxCuomo funds Rockland drug-recovery centerThe program data include the percentage of patients who...
View ArticleDiscreet investor looking to take more space downtown
A prolific but discreet real estate investor is negotiating to buy control of a large Wall Street office building, several sources say. David Werner, who recently in recent months and other large...
View ArticleNew sex abuse lawsuits filed against Boy Scouts in New York
Former Boy Scouts who say they were molested as children by adult scout leaders filed nine lawsuits Tuesday in New York accusing the organization of failing to protect them.The cases, filed Tuesday in...
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