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The U.S. unit of Tokyo-based Nomura Holdings is in talks for new offices on the West Side of Manhattan, according to people familiar with the matter.  Nomura is discussing a lease with Vornado Realty Trust for space at its Penn 2 tower, said the people, who asked not to be named because the matter is […]

A group of conservative lawmakers and neighborhood groups filed suit on Wednesday to try to overturn New York’s landmark City of Yes zoning reforms, arguing that Mayor Eric Adams’ administration failed to do full environmental reviews and improperly broke the policies into three parts. But several attorneys told Crain’s that the long-expected legal challenge relies

A group of conservative lawmakers and neighborhood groups filed suit on Wednesday to try to overturn New York’s landmark City of Yes zoning reforms, arguing that Mayor Eric Adams’ administration failed to do full environmental reviews and improperly broke the policies into three parts. But several attorneys told Crain’s that the long-expected legal challenge relies

A federal judge appointed a receiver to manage two market-rate apartment buildings in Queens after their owner, Meyer Chetrit, fell behind on nearly $2 million in utility bills and risks putting thousands of residents in the dark. The appointment is another setback for Chetrit and his older brother Joseph. They together own 16 million square-feet of

Marat Zein, HR Manager of Li-Lac Chocolates, has experienced firsthand how the childcare crisis impacts working families and small businesses alike. Like many families, the lack of affordable, reliable childcare prompted his partner to step away from the workforce for four years. He sees similar struggles among his chocolate factory employees—many of whom live in

Leases Garment District tower welcomes woman-led tech firm Address: 505 Eighth Ave., ManhattanLandlord: GFP Real EstateTenant: BlackHawk DataLease size: 4,632 square feetLease length: Three yearsAsset type: OfficeBrokers: Allen Gurevich represented the landlord in-house and the tenant. Sales Sabetfard family acquires East Village home of bar Mona’s Address: 244 Ave. B, ManhattanSeller: Herbert HirschBuyer: The Sabet

Here’s one more reason to cling to a steady job: It pays to stay. Typically workers who snag a new position see higher pay bumps than those holding down the same job. But in February, median wage growth of 4.4% for job stayers surpassed a 4.2% gain for job switchers, according to data from the

The City Council on Wednesday will approve a package of five bills intended to cut back on the number of scaffolds — known as sidewalk sheds — that have long darkened New York’s streets, and improve the aesthetics of the ones that must remain up. Several of the bills chip away at Local Law 11,

The state attorney general is urging customers of 23AndMe to have their genetic data deleted after the DNA testing company declared bankruptcy this week. The company, which provides over-the-counter genetic testing to help customers map their ancestry or check for potential health dispositions, has struggled financially for years and recently laid off a sizable portion

The home of one of the East Village’s oldest dive bars has a new owner. The building, 224 Ave. B, where Mona’s has served drinks to jukebox-grooving and pool-playing patrons since the early 1990s, was sold by Herbert Hirsch to The Sabet Group for $13 million, according to a deed that appeared in the city