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Deals of the Day: May 5

Leases Law firm relocates to FiDi office tower Address: 250 Broadway, ManhattanLandlord: AmTrust RETenant: Rose & RoseLease size: 14,100 square feetAsset type: Mixed useBrokers: AmTrust’s Anne Holker represented the landlord in-house, along with CBRE’s Brad Gerla, Michael Rizzo and Alex Benisatto. Norman Bobrow & Co.’s Jacob Wolkenfeld represented the tenant. Mental health provider expands in […]

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City’s warehouse crackdown will shift jobs to New Jersey, worsen truck traffic, REBNY says

A city plan to make it harder to build package-delivery hubs would cost New York jobs and tax revenue, while pushing the growing industry to New Jersey, according to an analysis by the Real Estate Board of New York. REBNY is preparing to mobilize against the proposal. The plan, released last month by Mayor Eric

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At a Glance: May 5

RACCOON SEASON: The city Health Department is undertaking a new vaccination campaign among raccoons living Brooklyn and Queens. The rapscallions are being inoculated for rabies ahead of schedule to try to curb a growing outbreak in previously hit neighborhoods and new sites in southern Brooklyn. As of the end of April, 11 raccoons in Queens,

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AG warns of ‘devastating’ reproductive health outcomes amid Title X funding freeze

New York could face more unintended pregnancies, sexually-transmitted infections and cervical cancer cases after the Trump administration moved to cut its Title X funding in half during the upcoming fiscal year, according to Attorney General Letitia James. James and 20 attorneys general from other states sent a letter to U.S. Health Secretary Robert F. Kennedy

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Adams’ executive budget adds one-time funding for signature health programs

Mayor Eric Adams’ new executive budget proposal boosts Health Department funding from initial figures in his preliminary spending plan for just one year in many cases, leaving several signature health programs without the additional funding in future years. Adams released his $115.1 billion executive budget proposal on Friday with $2.3 billion for the Department of

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Multifamily buildings aren’t the surefire investment they used to be

As tenants and landlords clash in their annual battle over how much the city should raise regulated rents, one fact seems to be looming over the contentious proceedings this year: Multifamily buildings aren’t the surefire money-makers they used to be. Even as indicators point to a bit of rebound in the office sector, rental buildings,

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7-story apartment building planned for Greenwich Village historic district

A 7-story mixed-use building with nearly 40 apartments is poised to replace a pair of existing low-rise, vacant structures in Greenwich Village, records show. Alexey Polyakov, who is listed as the manager of the entity that owns the proposed development site, filed plans with the Department of Buildings last week to erect the 39-unit project

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World Trade Center director works to make the commuter hub a community destination

Jolene Yates can pinpoint the moment she began to fall in love with transportation. As a 5-year-old, she was wonderstruck by the cutting-edge tech at the 1986 world’s fair that her family visited in Vancouver, the city where she grew up. The expo featured a sleek, fully-automated elevated rail system that became the basis of

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