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How Free Wi-Fi Kiosks Expose New York’s Digital Divide
News 2 days ago
How Free Wi-Fi Kiosks Expose New York’s Digital Divide

When New York City announced in 2014 that a private company would replace pay phones with thousands of kiosks offering free Wi-Fi, Mayor Bill de...

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Uptown neighborhood continues its rise despite a lack of new development
News 6 days ago
Uptown neighborhood continues its rise despite a lack of new development

In the early 1980s a Columbia University undergrad named Barack Obama rented an apartment in Manhattan Valley, which stretches between West 96th...

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NYCHA Monitor’s $12 Million Budget Includes His $600-an-Hour Pay
News 1 week ago
NYCHA Monitor’s $12 Million Budget Includes His $600-an-Hour Pay

Sign up for "THE CITY Scoop," our daily newsletter where we send you stories like this first thing in the morning. The cost of reform is steep:...

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Developers break ground on more apartments at Greenpoint Landing
News 2 weeks ago
Developers break ground on more apartments at Greenpoint Landing

Another 745 apartments are underway at the 22-acre Greenpoint Landing development on the Brooklyn waterfront. Developers Brookfield Properties and...

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WeWork is spending $438M to fix up the Lord & Taylor building
News 2 weeks ago
WeWork is spending $438M to fix up the Lord & Taylor building

WeWork is spending an estimated $438 million to renovate New York’s Lord & Taylor building, according to a filing Friday from Hudson’s Bay Co. The...

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Developer cleared to build 2,000 affordable apartments at former Queens hospital
News 3 weeks ago
Developer cleared to build 2,000 affordable apartments at former Queens hospital

The City Council has given the OK for a Queens development that will mark the largest private construction of affordable housing under the de...

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Manhattan’s rent surge is cooling as tenants push back on hikes
News 3 weeks ago
Manhattan’s rent surge is cooling as tenants push back on hikes

The great Manhattan rent surge of 2019 is tapering off. Apartments leased for a median of $3,409 in October, up 0.7% from a year earlier, according...

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A year after Amazon chose LIC, suspicions follow development efforts
News 3 weeks ago
A year after Amazon chose LIC, suspicions follow development efforts

Sign up for "THE CITY Scoop," our daily newsletter where we send you stories like this first thing in the morning. It's been a year since Amazon...

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One year after HQ2 announcement, LIC real estate holds steady after Amazon collapse
News 3 weeks ago
One year after HQ2 announcement, LIC real estate holds steady after Amazon collapse

It was one year ago today that Amazon announced it would co-place its second headquarters in Long Island City and Virginia, setting New York and...

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Trump's company sues Dean & DeLuca
News 3 weeks ago
Trump's company sues Dean & DeLuca

Dean & DeLuca, the gourmet grocery that introduced New Yorkers to the joys of single-estate olive oil and wild-caught squid linguine, is in dire...

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Councilman lays out plan to save mom-and-pop retail
News 4 weeks ago
Councilman lays out plan to save mom-and-pop retail

A Brooklyn politician wants to give retail, manufacturing and office spaces the residential treatment. Councilman Stephen Levin on Friday shared...

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Fifth Avenue sees steep rent decline as tenants struggle
News 1 month ago
Fifth Avenue sees steep rent decline as tenants struggle

A few blocks makes all the difference when it comes to rent on Manhattan’s Fifth Avenue. Lower Fifth Avenue, an area between 42nd and 49th streets,...

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Manhattan condo cited in Nigeria corruption case listed for $7.1M
News 1 month ago
Manhattan condo cited in Nigeria corruption case listed for $7.1M

A Manhattan condo bought with funds allegedly stolen from the Nigerian government has been listed for sale, at less than the purchase price six...

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Broker says self-storage portfolio could trade for $200M
News 1 month ago
Broker says self-storage portfolio could trade for $200M

Marie Kondo is encouraging Americans to throw away what they don't need, but the booming self-storage business shows not everyone is listening. Now...

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Rival developers face off for rights to build at 5 World Trade Center
News 1 month ago
Rival developers face off for rights to build at 5 World Trade Center

Two major development groups are battling it out over the last available site at the World Trade Center, according to sources involved in the...

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New Jersey drama happens in malls. Now its biggest stage is set
News 1 month ago
New Jersey drama happens in malls. Now its biggest stage is set

The American Dream mall is engineered as a 2.9 million-square-foot spectacle that includes amusement parks, an ice rink and even a ski slope. But...

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WeWork scrambles to hold on to Lord & Taylor building
News 1 month ago
WeWork scrambles to hold on to Lord & Taylor building

Fresh off a financial bailout, WeWork is scrambling to hold onto the $850 million Midtown building that formerly housed Lord & Taylor’s flagship...

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Extell looking to buy New York Institute of Technology building for $90M
News 1 month ago
Extell looking to buy New York Institute of Technology building for $90M

While Gary Barnett fights Upper West Side residents on one front over a condo tower under construction on West 66th Street, the businessman’s...

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Legislation seeks to protect the privacy of tenants going keyless
News 1 month ago
Legislation seeks to protect the privacy of tenants going keyless

An increase in the number of residential buildings using smart key entry systems—or keyless systems as they are known—has prompted a city official...

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Silverstein Properties' Moss on the evolution, resiliency of Lower Manhattan
News 1 month ago
Silverstein Properties' Moss on the evolution, resiliency of Lower Manhattan

BIG CHANGE-UP "After I realized I wasn't going to be a doctor, I started thinking about what would be equally challenging and activate all the same...

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New York's CBD industry at crossroads as it continues to grow
News 2 months ago
New York's CBD industry at crossroads as it continues to grow

Exterior of Upstate CBD on Upper Union Street store on Tuesday, June 4, 2019, in Schenectady, N. Y. The shop offers CBD hemp buds, edibles,...

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Council mulls yelling ‘cut' on city film biz
News 2 months ago
Council mulls yelling ‘cut' on city film biz

For New Yorkers whose neighborhoods draw the eye of filmmakers, the complaints are many: parking spots jam up, catering trucks idle in front of...

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Council mulls roll back on city film biz
News 2 months ago
Council mulls roll back on city film biz

For New Yorkers whose neighborhoods draw the eye of filmmakers, complaints can be many: parking spots jam up, catering trucks idle in front of...

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Brooklyn neighborhood joins million-dollar-home club
News 2 months ago
Brooklyn neighborhood joins million-dollar-home club

Williamsburg is the newest members of the city's million-dollar club, a term from StreetEasy to describe neighborhoods with a median sale price is...

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What we should learn from We
News 2 months ago
What we should learn from We

The great WeWork IPO drama is over, and the question now is, what does its failure mean for New York—both tech companies and the real estate market...

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It’s Manhattan’s Last Affordable Neighborhood. But for How Long?
News 2 months ago
It’s Manhattan’s Last Affordable Neighborhood. But for How Long?

For decades, Inwood has been one of New York City's untouched gems. Nestled among rivers and rolling forest at the northernmost tip of Manhattan,...

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Landlord fetches Park Avenue rents—on Third Avenue
News 2 months ago
Landlord fetches Park Avenue rents—on Third Avenue

On Park Avenue, office tenants pay lofty rents to be in Midtown's most exclusive office district. A move to east to Third Avenue generally brings a...

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$110 Million to Fix Central Park Section Far From ‘Billionaire’s Row’
News 2 months ago
$110 Million to Fix Central Park Section Far From ‘Billionaire’s Row’

For a majority of visitors from across New York and the world, Central Park is memorable for what they find at the southern end. That's where the...

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De Blasio: Get property-tax reform done on my watch
News 2 months ago
De Blasio: Get property-tax reform done on my watch

Re "Mayor blows off property tax reform. What's next?" Answering a question at the Crain's Business Breakfast Forum on Tuesday, I focused so much...

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Manhattan small apartments are priciest they’ve been since 2008
News 2 months ago
Manhattan small apartments are priciest they’ve been since 2008

Seekers of smaller apartments in Manhattan have had plenty of company this summer. Swelling demand by both newcomers and locals drove rents for...

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