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Costume businesses are being left behind by the film and TV boom
News 1 week ago
Costume businesses are being left behind by the film and TV boom

Unless a holiday miracle occurs, the city's oldest costume-rental business might shut its doors in the spring. For the past 10 years, Helen Uffner...

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What Trump's tax plan could mean for NYC's renters
News 1 week ago
What Trump's tax plan could mean for NYC's renters

As part of a national tax overhaul Congress is planning to curtail the ability to deduct mortgage interest and state and local taxes from federal...

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Four priorities for de Blasio's second term
News 1 week ago
Four priorities for de Blasio's second term

In a postelection analysis show on WNYC, Brian Lehrer kept referring to Mayor Bill de Blasio's hidden second-term agenda. Since then we have...

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RXR Realty is No. 30 on Crain's list of the largest privately held companies
News 1 week ago
RXR Realty is No. 30 on Crain's list of the largest privately held companies

Few companies have been busier during the real estate boom than RXR Realty. The firm, headed by Scott Rechler, was the biggest buyer of Manhattan...

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These are the largest privately held companies in New York
News 1 week ago
These are the largest privately held companies in New York

Crain's New York Business has generated a list of the largest private companies in New York based on 2016 revenue. The firms range from industry...

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Time to turn the city's building rules upside down
News 1 week ago
Time to turn the city's building rules upside down

From Silicon Alley in Lower Manhattan to the Brooklyn Tech Triangle, New York City has made important strides in cultivating mixed-use, live/work...

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WeWork's growth propels it to No. 54 on our list of largest companies
News 1 week ago
WeWork's growth propels it to No. 54 on our list of largest companies

WeWork's climb to an estimated $532 million in 2016 revenue—with $1 billion expected this year—has been marked by an aggressive expansion in the...

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Large crack in apartment building wall forces evacuation
News 1 week ago
Large crack in apartment building wall forces evacuation

A New York City apartment building has been evacuated after a large crack was discovered in the structure. The New York City Fire Department...

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Palm steakhouse embroiled in family feud
News 1 week ago
Palm steakhouse embroiled in family feud

The Palm was the godfather of Midtown steakhouses, a real-life Mad Men set. The floors were covered with sawdust and the walls with celebrity...

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You can now get breakfast at Tiffany's
News 1 week ago
You can now get breakfast at Tiffany's

Having breakfast at Tiffany's isn't just a big screen fantasy anymore. The New York-based Tiffany & Co. jewelry chain has opened a restaurant at...

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One Vanderbilt and Manhattan West towers caught up in $76 million union spat
News 1 week ago
One Vanderbilt and Manhattan West towers caught up in $76 million union spat

Two of New York’s most significant construction projects—Manhattan West, where Amazon.com Inc. will have offices, and One Vanderbilt, destined to...

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Hamptons homebuyers are already figuring out how to game the tax plan
News 1 week ago
Hamptons homebuyers are already figuring out how to game the tax plan

Out in the Hamptons, Wall Street’s favored beach resort on Long Island, brokers and buyers already have a workaround for a tax-plan provision under...

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The Upper East Side would feel a $1 million tax bracket most
News 1 week ago
The Upper East Side would feel a $1 million tax bracket most

Taxpayers in New York’s 12th Congressional District, which includes the Upper East Side, may have the least to gain from income-tax cuts in a House...

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A fond farewell to Crain's
News 1 week ago
A fond farewell to Crain's

As I leave Crain's to become president of New York and New Jersey for United Airlines, deepening the airline’s commitment to this great city and...

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The latest office trend pitched at millennials—nap rooms
News 1 week ago
The latest office trend pitched at millennials—nap rooms

Open floor plans, high ceilings and pingpong tables. All are common features of the contemporary workplace as employers strive to create an...

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Legislators push Airbnb to crack down on listings and release data
News 1 week ago
Legislators push Airbnb to crack down on listings and release data

The indictment of President Trump's former campaign chairman Paul Manafort is being used by two dozen city and state legislators to push Airbnb to...

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New York City once repelled fast-food chains. Now it is their hottest market
News 2 weeks ago
New York City once repelled fast-food chains. Now it is their hottest market

The busiest place in town during lunch hour is the Chick-fil-A at the corner of West 37th Street and Sixth Avenue, where a fried chicken sandwich...

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Can an immersive experience bring fans back to the NFL?
News 2 weeks ago
Can an immersive experience bring fans back to the NFL?

For the past year Danny Boockvar has been preparing for the launch of the NFL Experience Times Square, or NFLX, a four-floor, 40,000-square-foot...

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Moinian seeking up to $500 million in EB-5 funds
News 2 weeks ago
Moinian seeking up to $500 million in EB-5 funds

Developer Joseph Moinian aims to raise as much as $500 million of EB-5 funds—contributions from foreign nationals in exchange for legal U.S....

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City investigators find NYCHA an easy target for theft
News 2 weeks ago
City investigators find NYCHA an easy target for theft

City investigators who went undercover to test security measures at New York City Housing Authority developments were able to sneak into storerooms...

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New York real estate industry's quiet intervention in the 2017 election
News 2 weeks ago
New York real estate industry's quiet intervention in the 2017 election

What do you get when you combine a veteran Queens Democratic operative, a nursing home company, Mayor Bill de Blasio's campaign lawyer and $320,000...

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Madison Equities offers to rebuild Jane Jacobs-developed housing complex—if luxury units are included
News 2 weeks ago
Madison Equities offers to rebuild Jane Jacobs-developed housing complex—if luxury units are included

Residents of West Village Houses, a 420-unit affordable housing complex developed by Jane Jacobs in the 1970s, are considering a proposal from...

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Bill to curb epidemic of sidewalk sheds finally advances
News 2 weeks ago
Bill to curb epidemic of sidewalk sheds finally advances

Since August 2008, the front of the Department of Buildings' headquarters in lower Manhattan has been covered by a sidewalk shed. The unsightly...

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Park Lane Hotel asks for $1 billion. Nobody's answering
News 2 weeks ago
Park Lane Hotel asks for $1 billion. Nobody's answering

Owners of the Park Lane Hotel along Central Park South are hoping to auction the property off for $1 billion. But bidding closed last week without...

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EY moving HQ to Hudson Yards
News 2 weeks ago
EY moving HQ to Hudson Yards

Accounting and consulting firm EY has signed a lease to move its headquarters from Times Square to Hudson Yards. The firm, along with its new...

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Owner of 15-acre Staten Island site sees profit in Amazon's wake
News 2 weeks ago
Owner of 15-acre Staten Island site sees profit in Amazon's wake

The owners of a 15-acre industrial site along Staten Island’s western shore are putting the property up for auction next month with the hope that a...

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An earth-friendly loophole for waterfront projects
News 2 weeks ago
An earth-friendly loophole for waterfront projects

When people think of New York, skyscrapers usually come to mind. But the city is a coastal one, with 520 miles of shoreline. Unfortunately...

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Congestion pricing, retail rent reform backed by speaker candidates
News 2 weeks ago
Congestion pricing, retail rent reform backed by speaker candidates

All eight candidates for City Council speaker cheered plans to charge vehicles entering the Manhattan business district and to keep commercial...

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Cost of 421-a and other tax-abatement programs is rising
News 2 weeks ago
Cost of 421-a and other tax-abatement programs is rising

Tax breaks cost the city more than $6.2 billion in the last fiscal year, an increase of more than 7% over the previous year, and the number is...

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Brooklyn cryptocurrency promoter charged with fraud
News 2 weeks ago
Brooklyn cryptocurrency promoter charged with fraud

Making money using dollars, euros or yen is so 20th century. The way to make a fortune today is to create your own currency via an initial coin...

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