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Rich looking to dodge property tax caps turn to Alaskan trusts
News 8 months 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 8 months 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 8 months 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 8 months 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 8 months 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 8 months 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 8 months 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 8 months 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 8 months 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 8 months 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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Female founders keep co-working juggernauts at arm's length
News 8 months ago
Female founders keep co-working juggernauts at arm's length

Female founders discussed the difficulty of managing the real estate needs of fast-growing startups, among other topics, at a panel hosted by Crain...

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City's surrender on public housing probe puts politicians in the spin cycle
News 8 months ago
City's surrender on public housing probe puts politicians in the spin cycle

What should New Yorkers make of the Housing Authority settlement? For years the city has blamed federal disinvestment for for the sorry state of...

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Extell's shopping spree points to big plans for Yorkville
News 8 months ago
Extell's shopping spree points to big plans for Yorkville

At the height of the last real estate boom in 2007, Extell Development Co. bought three small apartment buildings between East 79th and East 80th...

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Some extra spending, but no property-tax relief in city budget
News 8 months ago
Some extra spending, but no property-tax relief in city budget

Don’t bother checking the mailbox. A City Council proposal to grant a $400 rebate to all homeowners earning less than $150,000 failed to make it...

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De Blasio pushes Cuomo for help on Housing Authority deal
News 8 months ago
De Blasio pushes Cuomo for help on Housing Authority deal

The New York City Housing Authority is about to find itself in a tug-of-war between Mayor Bill de Blasio, Gov. Andrew Cuomo and the federal...

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Wall Street is awash in subleases, a bad sign for landlords
News 8 months ago
Wall Street is awash in subleases, a bad sign for landlords

When the Murdoch media empire abandoned plans to move from midtown Manhattan to the World Trade Center two years ago, developer Larry Silverstein...

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Accused of neglect, NYC to spend $2B on public housing
News 8 months ago
Accused of neglect, NYC to spend $2B on public housing

New York City will likely pay $2 billion to settle claims that the nation's largest public housing agency has too often left tenants to contend...

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Lower East Side co-op weighs value of views
News 8 months ago
Lower East Side co-op weighs value of views

A large Lower East Side co-op complex has become the latest flash point in the debate over density, development and gentrification. The once-sleepy...

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Crain's 5 coolest offices in New York 2018
News 8 months 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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City Council's anti-Airbnb bill threatens innovation
News 8 months ago
City Council's anti-Airbnb bill threatens innovation

New York has always been a symbol for rebirth, promise, and opportunity. That’s why businesses have always located here, making us the global...

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