May 2025

Amtrak’s president is accusing New York state and Metropolitan Transportation Authority officials of spreading “misinformation and misleading facts” about the rail agency’s $1.6 billion plan to shutter one of four East River tunnels for repairs over the next four years. The MTA’s board approved a resolution Wednesday calling on Amtrak to reconsider temporarily shutting down

Teladoc Health bought the virtual mental health startup UpLift this week in a bid to rescue its struggling direct-to-consumer therapy business. The telemedicine firm acquired Union Square-based UpLift for $30 million, offering an additional $15 million if the company meets certain targets, it announced Wednesday. The deal aims to boost Teladoc’s virtual therapy business run

Carnegie Hall is hoping the apartment purchased for its top executive will strike a chord with a buyer. The venerable Midtown music performance space has listed a 3,300-square-foot condo on East 63rd Street for $5.5 million, according to an ad that appeared Thursday. The unit, which is located in the landmarked former Barbizon Hotel at

Leases Pattern-making company signs new lease Address: 209 W. 38th St., ManhattanLandlord: GFP Real EstateTenant: Kittae of NYLease size: 1,900 square feetLease length: Five yearsAsset type: OfficeBrokers: GFP Real Estate’s Matthew Mandell represented the landlord in-house. Resolution Real Estate Partners’ Evan Lieberman represented the tenant. Apparel firm takes space in Garment District Address: 209 W.

U.S. job growth was robust in April, and the unemployment rate held steady despite deep uncertainty over President Donald Trump’s trade policies, which economists expect will dent hiring plans over the coming months. Nonfarm payrolls increased 177,000 last month after the prior two months’ advances were revised lower, according to Bureau of Labor Statistics data

Regarding your April 9 article “Steven Roth teases strategy shift toward apartments,” Steven Roth is right: people want to live in New York, and the city desperately needs additional housing. If Mr. Roth truly wants to unlock the “promised land” around Penn Station, there’s a big opportunity right in his backyard. It starts with moving