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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 […]

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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

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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

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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

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Top earners at Healthcare Association of New York State

The compensation data below highlights the highest-paid employees at a tax-exempt organization that filed a Form 990 for 2022. See the top earners at other New York health systems here. Notes: “Cash compensation” includes base compensation, bonus and incentive compensation, and other reportable compensation from the health system and related organizations. “Other compensation” includes nonreportable

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Editorial: Hochul’s strategic moves must now forge pathways for suburban housing development

Gov. Kathy Hochul is tuning into the public’s mood with acuity, addressing critical issues like affordability and public safety that resonate deeply with New Yorkers. Her State of the State proposals, geared toward tax cuts, bolstering subway safety and enhancing mental health care, demonstrate a keen awareness of the electorate’s immediate concerns as she steers

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State touts progress on home care overhaul amid industry pushback

Health officials are lauding early progress on the state’s overhaul of a growing Medicaid-funded home care program, pushing back against industry efforts to thwart the transition. The Department of Health last week kicked off a highly anticipated consolidation of the Consumer Directed Personal Assistance Program, or CDPAP, a home care program that allows people to

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Hochul announces cash infusion for safety-net hospital partnerships

Gov. Kathy Hochul has greenlit seven hospital partnerships across the state in an attempt to help struggling safety-nets turn around their finances. The initiative, first announced in last year’s state budget, is designed to incentivize financially stable institutions to help cash-strapped medical institutions to improve the quality of care and their financial sustainability.  For example,

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