May 2025

The Metropolitan Transportation Authority plans to cut costs to balance a $68.4 billion multiyear capital plan designed to modernize the city’s long-neglected mass-transit system. The agency will not take on more debt to help find $3 billion of savings from this year through 2029, according to Janno Lieber, the MTA’s chief executive officer. Earlier this […]

A top anchor at ABC News is looking to sell his West Village townhouse. World News Tonight host David Muir has listed the 2,300-square-foot prewar property on West Fourth Street for $7.5 million, according to an ad that appeared this week.   The narrow, 15-foot-wide home contains five levels, three bedrooms and three baths and

Key House Republicans on Thursday discussed ways to direct an expanded state and local tax deduction to those making less than $400,000 as they seek to balance the cost of the tax break with the political needs of several lawmakers from New York and other high-tax states.  The $10,000 cap on SALT, one of the

Leases California-based lifestyle brand signs new lease in Midtown Address: 209 W. 38th St., ManhattanLandlord: GFP Real EstateTenant: Rylee + CruLease size: 1,900 square feetAsset type: OfficeBroker: GFP Real Estate’s Matthew Mandell represented both the landlord and the tenant. Knitting company extends lease on showroom and office space Address: 209 W. 38th St., ManhattanLandlord: GFP

An avocado-focused fast-casual dining chain in NoMad is facing eviction over supposedly putrid smells that allegedly emanate throughout the building where it’s set up shop, court records show. Joseph Moinian, CEO and founder of real estate firm the Moinian Group, is seeking to boot the salad shop, Avo, from the ground-floor storefront of a 24-story

Applications for U.S. unemployment benefits rose to the highest level since February during the week that followed Easter and spring recess at New York City public schools. Initial claims increased by 18,000, to 241,000, in the week that ended April 26, according to Labor Department data released Thursday. The median forecast in a Bloomberg survey

New York’s economy depends on immigrant workers. From hospitals to high-rises, foreign-born workers are filling urgent staffing gaps in critical industries like healthcare and construction, sectors already stretched thin by demographic shifts, aging populations, and a workforce that can’t keep up with demand.  Despite their essential contributions, we are underinvesting in these workers, leaving them