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With the economy evolving rapidly, many job-creating middle-market companies are adjusting their strategies to seize new opportunities and position themselves for growth. Industry leaders will gather for a panel discussion on how they are repositioning their firms at “Shifting Landscapes: How Middle-Market Leaders Are Preparing for Change,” a live event presented by Crain’s Content Studio […]

Mayor Eric Adams announced four new deputy mayors on Friday to replace the four respected aides whose planned resignations have destabilized his administration. Adolfo Carrión, Jr., Kaz Daughtry, Suzanne Miles-Gustave and Jeffrey D. Roth will replace Maria Torres-Springer, Chauncey Parker, Anne Williams-Isom and Meera Joshi in their respective roles, the mayor said — although no

The Metropolitan Transportation Authority is spending up to $1,900 each for stainless-steel, waist-high gates it erects at subway stations, meaning the structures at a station such as First Avenue on the L line, with 62 barriers, cost roughly $100,000 for materials. Transit officials say the MTA will bolt down the barricades at 100 stations to

BABY BOXES: The city is launching a goody-bag program to provide new parents supplies for newborns when they leave the hospital. Known as “baby boxes,” the resources, including diapers, clothing and supplies for eating and bathing, will be available to all families giving birth at four public hospitals beginning later this year, Mayor Eric Adams

The city’s public hospital system is bracing for potential losses in the next few years amid looming federal budget cuts, which could force it to reduce services, its chief executive said. New York City Health + Hospitals, which operates 11 hospitals and dozens of other facilities citywide, is preparing for a significant loss in Medicaid

A Midtown-based diagnostics company raised capital in a deal to advance its novel approach to screening for the risk factors of esophageal cancer, a highly deadly cancer for which a diagnosis is usually a death sentence. Publicly-traded Lucid Diagnostics brought in more than $15 million in a type of deal known as a registered direct

A state board that oversees more than $2.5 billion in opioid settlement funds sent a letter criticizing the office that oversees their allocation for refusing to spend money on the city’s supervised drug use sites for the third year in a row. The opioid settlement fund advisory board asked Dr. Chinazo Cunningham, commissioner of the

Anthony Marrone, former head of construction at the now-defunct luxury condo developer HFZ Capital Group, has pleaded guilty to charges of attempted grand larceny and falsifying business records in the sprawling fraud case against executives at the firm. Marrone pleaded guilty Wednesday to one count of attempted grand larceny in the third degree and 14

A Billionaires Row condo has been sold for the second time in two years — this time for $82.5 million, records show. The mysterious buyer acquired the 3,100-square-foot home in Vornado Realty Trust’s 70-story 220 Central Park South tower through the limited liability company HSH CPS, according to a deed that hit city records Thursday.

A group of Midtown politicians is backing a new plan for high-rise housing around Penn Station, urging Gov. Kathy Hochul to finally ditch the stalled megaproject that would rely on office towers built by Vornado Realty Trust. The proposal by Assemblyman Tony Simone would scrap the existing plan — which would allow for 10 skyscrapers