Latest News

NY offshore wind developers brace for billions in losses on heels of executive order

Developers behind New York’s offshore wind projects are grappling with the prospect of billions of dollars in potentially lost value for renewable energy farms off the coast of Long Island. The downturn comes on the heels of a Monday executive order signed by President Donald Trump that suspends new federal offshore wind leasing and scrutinizes […]

NY offshore wind developers brace for billions in losses on heels of executive order Read More »

Overtime inflated pay across our list of New York’s highest paid public employees

A few unusual suspects were the highest-paid city employees in the city, namely four steam fitters who cashed in thanks to overtime pay. Meanwhile, public university workers were among the top-earning state employees in New York. Crain’s two lists of highest-paid city employees and highest-paid state employees in New York each rank 25 public workers

Overtime inflated pay across our list of New York’s highest paid public employees Read More »

JPM 2025: 10 takeaways from the San Francisco conference

The 43rd annual J.P. Morgan Healthcare Conference wrapped on Thursday after four days of company presentations, networking and meetings across San Francisco’s Financial District. The conference drew roughly 8,000 attendees and featured presentations from more than 500 private and public companies discussing hot topics across the industry, including artificial intelligence, expansion strategies, dealmaking opportunities and

JPM 2025: 10 takeaways from the San Francisco conference Read More »

Midtown development firm buys Greenpoint industrial lot for about $17M

A local developer who years ago acquired several former Jehovah’s Witnesses properties that were later transformed into luxury residential buildings has scooped up an industrial site in Greenpoint for just over $17 million, records show. Shelly Listokin of Midtown-based Urban Realty Partners purchased the corner lot at 168 Banker St. for $17.3 million, according to

Midtown development firm buys Greenpoint industrial lot for about $17M Read More »

Stellar Management completes Astoria office project, secures anchor tenant

Stellar Management has completed its first real estate project since founder Laurence “Larry” Gluck passed away in June. The developer announced Tuesday morning that it has finished work on Astoria Pointe and landed the coworking firm IWG as its anchor tenant. The mixed-use office project at 35-01 36th Ave. in Queens stands 9 stories tall

Stellar Management completes Astoria office project, secures anchor tenant Read More »

Hochul’s $252B budget: Extended millionaire’s tax, more Medicaid money

Gov. Kathy Hochul proposed a $252 billion budget on Tuesday that calls for extending a tax hike on millionaires and increasing spending on Medicaid. But her plan omits specifics about how she will work with lawmakers to shore up the finances of the Metropolitan Transportation Authority and declines to send the city any new funding

Hochul’s $252B budget: Extended millionaire’s tax, more Medicaid money Read More »

Op-ed: Why Queensbridge deserves better amid Long Island City’s housing divide

Hunters Point, Court Square and Queens Plaza are vibrant places to live, work and play. There are Class A office buildings, restaurants and cafes reflective of Queens’ cultural diversity, and an array of retail, from mom-and-pop shops to national brands. There are schools for students of all ages and a world-class waterfront park.  Against the

Op-ed: Why Queensbridge deserves better amid Long Island City’s housing divide Read More »

Deals of the Day: Jan. 21

Leases SL Green lands new Sixth Avenue tenant Address: 1185 Sixth Ave., ManhattanLandlord: SL GreenTenant: Hartree PartnersLease size: 54,250 square feetLease length: 12 yearsAsset type: OfficeBrokers: CBRE’s Ben Friedland, Munish Viralam and Gary Davies represented the tenant. Newmark’s Brian Waterman, Scott Klau, Brent Ozarowski, David Waterman and Kevin Sullivan represented the landlord. Law firm renews

Deals of the Day: Jan. 21 Read More »