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The city’s plan to redevelop a 122-acre stretch of Brooklyn waterfront into a new neighborhood has hit a familiar hitch: local opposition to new housing development. The Economic Development Corp. has floated a $3.1 billion plan that would erect up to 8,200 new apartments (including more than 2,600 for lower-income tenants) on part of the […]

A helicopter has crashed into the Hudson River, the New York Police Department said, the latest in a string of aviation incidents in the past few months. There’s been at least one fatality, while two people have been rescued and taken to a local hospital, according to a person with knowledge of the matter. Five

A helicopter has crashed into the Hudson River, the New York Police Department said, the latest in a string of aviation incidents in the past few months. All six people on board the helicopter Thursday afternoon were killed, law enforcement sources told ABC News. Onboard were a pilot, two adults and three children, according to

A Brooklyn-based real estate firm that’s drawn attention in recent months for its acquisition of several East Village staples, including Lucy’s dive bar and B&H Dairy Restaurant, is now changing things up by selling two SoHo condo units for almost $19 million, records show. Ryco Capital, which is headquartered in Gowanus, offloaded the retail and

A Canadian real estate investor could potentially lose an uptown apartment building. Aaron Drazin, the founder of Montreal-based Crest Realties, has been hit with a foreclosure lawsuit over 410 E. 88th St., a 5-story, 17-unit walkup in Yorkville. A joint venture led by lender Community Preservation Corp. has accused Drazin of allegedly being in default

Block Inc., the digital payments firm founded by billionaire Jack Dorsey, was fined $40 million by New York for alleged anti-money-laundering inadequacies and cryptocurrency compliance failures on its Cash App platform. The New York Department of Financial Services issued the fine after an investigation found Block had failed to conduct adequate due diligence on its

A passenger jet carrying at least five members of Congress was clipped by another commercial plane on the ground at Ronald Reagan Washington National Airport near Washington, DC. Rep. Nick LaLota, a Republican from New York on the House Appropriations Committee, said Thursday in a social-media post that another plane “bumped” into the wing while

Con Edison late Wednesday reported a slightly lower pay package for its CEO, two months after Gov. Kathy Hochul reacted to the utility’s request for a big rate increase by saying she would audit how top executives get compensated. In a securities filing, Con Ed said CEO Timothy Cawley was awarded a total of $15

A long-stalled Greenpoint lot is poised to be redeveloped into luxury condos, records show. Daniel Kaykov of Poise Property Group submitted plans to the Department of Buildings Thursday for a 5-story residential building with 21 units at 55 Eckford St., according to city records. The roughly 10,000-square-foot lot, between Engert and Driggs avenues, has been

A townhouse that once hosted TV stars and their parties is up for sale. The home on West 11th Street was last owned by TV writer and producer Eric Gilliland, who died in September. Gilliland was best known for his work on Roseanne, where he worked as a writer and eventually executive producer in the