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Cuomo OKs bill paving way for rail link to LaGuardia
News 1 year ago
Cuomo OKs bill paving way for rail link to LaGuardia

New York Gov. Andrew Cuomo has signed legislation that paves the way for the construction of a rail line that will let train passengers travel...

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Tales from Toy Land: 'Flat is the new up'
News 1 year ago
Tales from Toy Land: 'Flat is the new up'

Unlike toy-makers fretting over the loss of a major retail customer, the owner of West Side Kids just shrugs. Read the full Tales of Toy Land...

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NYC's school zone speed-camera program set to expire
News 1 year ago
NYC's school zone speed-camera program set to expire

Children's lives will be in danger because the Republican-led state Senate failed to pass legislation extending the use of speed cameras near city...

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New Jersey megamall yields big win to bondholders chasing risk
News 1 year ago
New Jersey megamall yields big win to bondholders chasing risk

A year ago, about $1.1 billion of tax-exempt bonds were sold to finish the American Dream complex in New Jersey’s Meadowlands, a project that’s a...

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Airbnb questions hotel union's campaign contributions to City Council members
News 1 year ago
Airbnb questions hotel union's campaign contributions to City Council members

City Council members who support legislation to regulate home sharing accepted tens of thousands of dollars in campaign contributions from a...

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Cushman & Wakefield's IPO would help pay its bills
News 1 year ago
Cushman & Wakefield's IPO would help pay its bills

One of the best things about the commercial real estate business is that the mortgage almost never comes due. At least for developers and landlords...

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Building Trades Employers' Association CEO pushes for more competition
News 1 year ago
Building Trades Employers' Association CEO pushes for more competition

The Building Trades Employers' Association represents 27 industry associations and 1,100 contractors who employ tens of thousands of unionized...

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Business district finds most of its trash could be put to good use
News 1 year ago
Business district finds most of its trash could be put to good use

One of the city's biggest business improvement districts aims to stop feeding garbage dumps. The Union Square Partnership expects to roll out a...

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Council to review Bloomberg-era program's record of creating grocery stores
News 1 year ago
Council to review Bloomberg-era program's record of creating grocery stores

The City Council this week plans to review a Bloomberg-era program designed to create supermarkets in underserved neighborhoods. The oversight...

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Financial firm re-ups on Park Ave.
News 1 year ago
Financial firm re-ups on Park Ave.

After losing two of its largest tenants, the owner of a 44-story office tower on Park Avenue has reached a deal to hold onto a major financial firm...

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Fixing a massive NYC plumbing leak, 55 stories underground
News 1 year ago
Fixing a massive NYC plumbing leak, 55 stories underground

New York City is in the midst of a plumbing repair job of monumental proportions. Hard-hat workers are toiling deep underground, 55 stories beneath...

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Why can't Staten Island do what Seattle and Portland did?
News 1 year ago
Why can't Staten Island do what Seattle and Portland did?

Staten Island serves as a critical link in the southern ring of the regional transportation system by connecting New Jersey, Brooklyn, Queens and...

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Commercial landlords missing out on big bucks
News 1 year ago
Commercial landlords missing out on big bucks

Co-working company Industrious leases space in a Union Square office building for $67 per square foot, then charges end users $320 per square foot,...

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Airbnb loses ally in clash with City Council
News 1 year ago
Airbnb loses ally in clash with City Council

For Airbnb customers, there's no sleep in Brooklyn. Brooklyn Borough President Eric Adams, one of the few prominent elected officials aligned with...

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Hospital for Special Surgery to open clinic in Hudson Yards
News 1 year ago
Hospital for Special Surgery to open clinic in Hudson Yards

Hospital for Special Surgery will open a 15,000- square-foot clinic at 35 Hudson Yards next year as it seeks to attract patients from among the...

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More warehouse space hits market near Navy Yard
News 1 year ago
More warehouse space hits market near Navy Yard

The investment firm that purchased a warehouse next to the Brooklyn Navy Yard with a plan to convert it into creative office space has decided...

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Pol: Chop height of 900-foot tower proposed for Downtown Brooklyn
News 1 year ago
Pol: Chop height of 900-foot tower proposed for Downtown Brooklyn

Brooklyn Borough President Eric Adams recommended reducing the size of a mixed-use project being proposed across the street from a massive transit...

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New player betting 
taxis have hit bottom
News 1 year ago
New player betting 
taxis have hit bottom

This town may have a new “Taxi King,” or at least one in the making. But nobody really knows the potential potentate’s identity or business plan,...

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More Brooklynites than ever are working, but they still struggle to afford housing
News 1 year ago
More Brooklynites than ever are working, but they still struggle to afford housing

Brooklyn has added jobs at a robust clip since the Great Recession, and the unemployment rate has fallen to the lowest level since 1990, according...

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Crain's 5 coolest offices in New York 2018
News 1 year ago
Crain's 5 coolest offices in New York 2018

For the first time, Crain's New York is highlighting a handful of the coolest offices in New York City. Editors combed through dozens of...

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Rich looking to dodge property tax caps turn to Alaskan trusts
News 1 year ago
Rich looking to dodge property tax caps turn to Alaskan trusts

Jonathan Blattmachr, an estate planning lawyer, is such a fan of the strategy he’s created to help some of his wealthy clients get around the new...

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No, anti-Airbnb laws won't tarnish city's tech reputation
News 1 year ago
No, anti-Airbnb laws won't tarnish city's tech reputation

Earlier this month, Tech:NYC executive director Julie Samuels argued in Crain’s that the city’s hostility to Airbnb could send a message that New...

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How I learned to love the MTA
News 1 year ago
How I learned to love the MTA

“Ladies and gentlemen, we are experiencing train traffic ahead of us.” This has become a frustratingly common refrain on the New York City subway....

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Lower East Side co-op owners nix air-rights deal
News 1 year ago
Lower East Side co-op owners nix air-rights deal

A deal to sell $54 million of air rights on the Lower East Side to clear the way for a pair of condo towers was rejected by the co-op that...

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Times Square Mexican restaurant to close, lay off 134 employees
News 1 year ago
Times Square Mexican restaurant to close, lay off 134 employees

Chevys Fresh Mex, a Times Square casual Mexican restaurant, will close and lay off all of its 134 employees in September, according to a Worker...

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City seeks to dismiss property-tax lawsuit by civil rights and real estate groups
News 1 year ago
City seeks to dismiss property-tax lawsuit by civil rights and real estate groups

Nothing's certain but court and taxes. The city and an unlikely alliance of civil rights advocacy groups and real estate power players will face...

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New Brooklyn Navy Yard project to add 700 more jobs
News 1 year ago
New Brooklyn Navy Yard project to add 700 more jobs

The Brooklyn Navy Yard is exercising an option to build ground-up office and light-manufacturing space atop a parking garage being constructed as...

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Bill would reimburse business owners for awning fines
News 1 year ago
Bill would reimburse business owners for awning fines

Call it a sign of the times. The City Council is weighing a proposal that would wipe out business owners' fines for awning violations in the past...

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Glaring omission from commission on property-tax reform
News 1 year ago
Glaring omission from commission on property-tax reform

New York City’s notorious property tax system is a sham and desperately in need of a fix. The mayor, city comptroller, Department of Finance...

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Airbnb counters Stringer's study claiming home-sharing site drove up rent
News 1 year ago
Airbnb counters Stringer's study claiming home-sharing site drove up rent

City Comptroller Scott Stringer used a standard methodology in a study last month showing Airbnb drove up New York City rents, according to experts...

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