A dilapidated Chelsea building that was once home to a boutique hotel is gearing up for demolition, city records show. The 5-story property at 131 W. 23rd St., formerly occupied by the Townhouse Inn of Chelsea until it shuttered during the pandemic, is seeking to be razed, according to permits filed with the Department of […]
Chelsea’s former Townhouse hotel site seeks OK for demolition Read More »
A tower that for decades was considered one of the city’s premier corporate addresses may be acknowledging that it’s no longer the only game in town. The high-rise 9 W. 57th St., a 50-year-old, slope-faced Plaza District tower that’s also known as the Solow Building, has added a tenants-only restaurant from the trendy Kent Hospitality
Leases Federal agency group inks 1 Aviation Plaza lease Address: 159-30 Rockaway Blvd., QueensLandlord: Edward J. Minskoff EquitiesTenant: General Services Administration for Customs and Border ProtectionLease size: 139,377 square feetAsset type: OfficeBrokers: JLL’s Joe Brennan and Chloe Edwards represented the landlord, along with Jeffrey Sussman in-house. CBRE’s Vincent LaManna, Richard Freel, Maria Kobe and Ralph
Deals of the Day: Jan. 9 Read More »
Gov. Kathy Hochul announced a slew of housing affordability proposals Thursday morning, indicating that the issue will remain a major part of her 2025 agenda after being at the center of contentious legislative negotiations over the past two years. Hochul’s priorities for the year include making it harder and less attractive for institutional investors like
Hochul’s 2025 housing agenda includes crackdown on private equity homebuyers Read More »
In 2019, New York City took a bold step toward climate action with Local Law 97, one of the most ambitious building decarbonization laws in the country. The law’s first year of implementation in 2024 has placed significant pressure on building owners to take meaningful steps in addressing emissions and improving reporting practices. With over
Op-ed: Local law 97 progress and pain points, one year in Read More »
Broadway had a strong holiday season even without the tens of thousands of theatergoers who descended on the Gershwin Theatre. But if it weren’t for “Wicked,” we couldn’t be so blunt: Broadway just had its best week in six years. The Tony-winning musical ushered in the new year by becoming the first Broadway show to
‘Wicked’ leads Broadway to second-highest grossing week ever Read More »
As 2025 begins with wildfires wreaking devastation across Los Angeles, it’s now clear that insured losses from natural catastrophes last year soared to the highest since 2017. At $140 billion, insured losses globally were more than double the 30-year average of roughly $60 billion, according to industry data compiled by Munich Re and published in
Catastrophic weather drives insured losses to highest since 2017 Read More »
The median rent price in Manhattan rose annually for the third month in a row to close out 2024, a trend that seems likely to continue moving into the new year, according to the latest report from Douglas Elliman and Miller Samuel. The borough’s median rent for December was $4,334, up both month over month
Manhattan rents rise for third straight month with more increases expected Read More »
Josh Isay, a veteran Democratic strategist who co-founded the leading consulting firm SKDK, has been hired by one of the company’s longtime rivals: Orchestra, the parent company of BerlinRosen. Isay, who stepped down as SKDK’s CEO in 2022, will join Orchestra as a partner effective Jan. 13. He had recently worked as a consultant for
Founder of top political consultant SKDK hired by rival BerlinRosen Read More »
CDPAP HOLDUP: A state judge on Tuesday temporarily blocked the Department of Health from transferring patient data from one of the agencies that administers the Consumer Directed Personal Assistance Program to a contractor that is taking over the home care program. Judge Kevin Van Allen in Livingston County Supreme Court issued a temporary restraining order
At a Glance: Jan. 9 Read More »
