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A little-known Westchester-based real estate investor is continuing its Manhattan shopping spree into the new year with its latest acquisition, a $25 million purchase in SoHo, records show. Acadia Realty Trust, which is headquartered in Rye, ended 2024 on a high note after having scooped up nearly a dozen properties along prime commercial corridors in […]

Mount Sinai is relocating Beth Israel Hospital employees and equipment to other facilities, citing systemwide patient safety concerns as an ongoing lawsuit forces the ailing hospital to stay open. The health system will transfer 36 employees — including nurses, patient care associates and respiratory therapists — from Beth Israel’s main campus to work at other

Will New York’s congressional delegation be able to raise the SALT cap? For both Republicans and suburban Democrats, this is a primary concern heading into Donald Trump’s new term. In 2017, when Trump was president, congressional Republicans successfully passed tax-cut legislation that also capped the state and local tax deduction at $10,000, in a bid

A Herald Square tower that was 60% empty a year ago has refinanced its overdue mortgage after landing a new long-term tenant. 1293 Broadway, also known as Herald Center, secured a $300 million loan to replace the $245 million mortgage that matured 12 months ago. Owner JEMB Realty is expected to use the proceeds to

The run-down Port Authority Bus Terminal has scored a round of federal funding for its $10 billion makeover, just days before President-elect Donald Trump’s inauguration. The Port Authority of New York and New Jersey will receive a $1.9 billion loan through the U.S. Department of Transportation to finance the first phase of the Midtown bus

National fashion retailer the KnitWell Group is expanding its Midtown headquarters after inking a massive 20-year lease renewal at 7 Times Square, the property’s owners announced Monday. The women’s apparel company, whose brands include Ann Taylor, Loft and Chico’s, signed the long-term lease with developer BXP for about 246,000 square feet within the roughly 1.3

Starbucks reversed a policy allowing anyone — even those who hadn’t purchased anything — to use its cafes, patios and restrooms, with the company saying it’s making the change to prioritize customers.  The company issued a new code of conduct as part of its plan to win back consumers, Starbucks said in an emailed statement.

Starbucks reversed a policy allowing anyone — even those who hadn’t purchased anything — to use its cafes, patios and restrooms, with the company saying it’s making the change to prioritize customers.  The company issued a new code of conduct as part of its plan to win back consumers, Starbucks said in an emailed statement.

Gov. Kathy Hochul on Tuesday unveiled a populist 2025 agenda built around tax cuts, subway safety and more investment in mental health care. The proposals come as she faces voter unrest about crime and the cost of living and looks ahead to a tough re-election fight next year. In her fourth State of the State

A challenging Tribeca redevelopment project seems to have just gotten tougher for developer and brokerage owner Kent Swig. A lender has sued to foreclose on a stack of loans tied to a 6-story prewar site on Duane Street near West Broadway that has been under construction for years. Axos Financial claims Swig defaulted in November