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Andrew Cuomo has released a plan to address what he calls the city’s “mental health crisis,” laying out a blueprint for a mayoralty that focuses on increasing residential services and psychiatric commitments if he’s elected in November. The mental health plan proposes coordinating government efforts to commit people living on the street while increasing the […]

Vornado Realty Trust predicted its office towers will be as crowded as before the pandemic in “a couple of years” – a bold prediction for the developer that, filings show, has more vacant space than at any time since Covid-19 upended the world of work. The occupancy rate in the big developer’s New York office

Less than a year after completing a restructuring that was supposed to turn the troubled pharmacy chain around, Rite Aid has filed for bankruptcy again. The company was unable to secure additional capital from lenders in order to continue operating the business, Chief Executive Officer Matthew Schroeder said in a letter to employees that was

A 290-key luxury hotel near the Empire State Building has been sold for $175 million, records show. BRE Hotels & Resorts, a Blackstone-owned hospitality platform, has acquired the upscale Kimpton Eventi Hotel at 835 Sixth Ave. under an entity named after the address, according to a deed that appeared in the city register Tuesday and

The New York Rangers may have had a disappointing season, but their center has scored big with a home sale in the West Village. Mika Zibanejad has sold a 3,400-square-foot townhouse on West 12th Street for $13 million, according to a deed that appeared Monday in the city register. The hockey star’s haul represents about

New York will spend upwards of $7 billion to pay off debt to the federal government that it took on during the Covid-19 pandemic to pay for unemployment benefits, Gov. Kathy Hochul said this week. The last-minute deal, which will be included in the upcoming state budget, satisfies the demands of businesses, which had been

Former Good Morning America host Charles Gibson and his wife, Arlene, have sold their penthouse on East End Avenue for $5.6 million after two decades in the neighborhood, according to city property records that appeared Monday. The two bought the co-op apartment for $5.2 million in 2005. The Gibsons first listed the apartment in early

The health of New Yorkers—especially our most vulnerable—depends on more than prescriptions and doctor visits. It depends on whether they have enough to eat, a roof over their head, and support to navigate the challenges of aging or disability. Last summer, with the launch of New York’s Medicaid pilot program, the state doubled down on

Leases London-based fintech firm comes to the Scribner Building Address: 155 Fifth Ave., Manhattan Landlord: Platinum CommercialTenant: Vitesse PSP Inc.Lease size: 5,200 square feetAsset type: OfficeBrokers: Platinum Commercial’s Steven Evans, Emre Bozkurt, Joseph Zalta and Brian Peer represented the landlord in-house. Cresa’s Alex Gerome and Andy Roberts represented the tenant. Sales Six-unit East Village rental with

North Central Bronx Hospital is planning a $46 million renovation of its emergency department to make space to build a medical unit for Rikers detainees that’s years behind schedule. The Norwood public hospital is seeking to restructure its first-floor emergency room by expanding capacity for adult patients and relocating its pediatric, radiology and psychiatric emergency