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A lender has sued developers Joseph and Meyer Chetrit over what it claims are hundreds of millions of dollars in unpaid loans linked to an infamous Times Square hotel, the latest bump in a rough stretch for the prominent real estate family. Mack Real Estate Credit Strategies alleges that the brothers, co-principals of the firm […]

In 2024 the city’s retail market had its best year in almost a decade — and certainly since the pandemic threw a wrench in the industry nearly five years ago — according to data from JLL. The amount of available retail space in Manhattan fell to 15.1% in 2024, its lowest level since the brokerage

In 2024 the city’s retail market had its best year in almost a decade — and certainly since the pandemic threw a wrench in the industry nearly five years ago — according to data from JLL. The amount of available retail space in Manhattan fell to 15.1% in 2024, its lowest level since the brokerage

Norovirus cases in the city exploded this winter, trouncing rates of the stomach flu in previous years, new data shows. December saw 1,264 recorded cases of the virus in the five boroughs, a more than 250% increase over the same period in 2023 and 2022, when just 488 and 470 cases, respectively, were reported, according

A Manhattan community board rejected the zoning changes needed for the Related Cos. to build its Hudson Yards casino complex — a symbolic setback that points to the potentially fatal neighborhood opposition that the megaproject faces. In a unanimous vote on Monday, Community Board 4 recommended that the city reject Related’s three-skyscraper proposal for the

Mark Zuckerberg wore a rare Swiss watch worth about $900,000 in a video explaining his company’s decision to end third-party fact checking on its social media platforms in the U.S. The Meta Platforms chairman sports a Greubel Forsey Hand Made 1 on his left wrist in the video posted to Facebook on Tuesday unveiling the

Drivers in New York cheat their way out of paying millions of dollars in local tolls each year, and with the launch of congestion pricing they have fresh motivation to get creative with toll dodging. But the city is advancing new rules officials say would make it easier to crackdown on scofflaw drivers who obscure

Tishman Speyer Properties and a partner will collect nearly $1 billion in cash from The Spiral when the Hudson Yards tower’s mortgage is refinanced later this month. It’s an extraordinary return considering The Spiral opened only three years ago, four years after Tishman and Chicago-based Henry Crown began developing the 2.7 million square-foot building on

Leases Home furnishings firm inks Midtown South lease Address: 20 W. 33rd St., ManhattanLandlord: JLA HomeTenant: Vanderbilt Home CollectionsLease Size: 14,000 square feetAsset Type: OfficeBrokers: LSL Advisors represented the tenant. Lincoln Property Co.’s Jeffrey Rosenblatt and Christina De Jesus represented the landlord Sales Japanese firm flips Hell’s Kitchen site to Japanese company Address: 314 W.

Nearly 1,000 doctors who planned to go on strike at four public hospitals next Monday have agreed to delay their walkout in hopes of reaching a pay deal with their employer. Physicians represented by Doctors Council SEIU had been planning to strike on Jan. 13 if they did not reach a deal that includes higher