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Latest News

Montefiore reaches tentative contract agreement for 1,200 doctors after years of contentious negotiation

Doctors at Montefiore Medical Center have reached a tentative contract agreement with the facility after nearly two years of contentious negotiations. The tentative agreement, reached late on Monday between the hospital and members of Committee of Interns and Residents, the union representing the doctors, would improve pay, family and health benefits for 1,200 residents and […]

Montefiore reaches tentative contract agreement for 1,200 doctors after years of contentious negotiation Read More »

Rybak Development to acquire nonprofit’s Lenox Hill building for about $10M

Coney Island-based real estate firm Rybak Development is in contract to acquire a Lenox Hill building belonging to a nonprofit charity organization for just under $10 million, records show. Founded in 2007 by Sergey Rybak, the development company, which is focused heavily on ground-up condo and rental projects, inked a deal Feb. 12 with the

Rybak Development to acquire nonprofit’s Lenox Hill building for about $10M Read More »

Op-ed: What losing DEI initiatives can mean for nonprofits

Among the torrent of executive actions issued by President Trump in his first week was the widely condemned executive order eliminating DEI offices in government, and imploring federal employees to identify anyone doing DEI-related work. The impacts have ripple effects across multiple sectors. Target announced it would eliminate its DEI programs and discontinue expansion of

Op-ed: What losing DEI initiatives can mean for nonprofits Read More »

Deals of the Day: March 19

Leases Santander renews with Sage Address: 437 Madison Ave., ManhattanLandlord: SageTenant: Santander GroupLease size: 191,667 square feetLease length: Seven yearsAsset type: OfficeBrokers: Michael Lenchner and Jack Brennan represented the landlord in-house. A Savills team including Mitti Liebersohn, Arthur Mirante and Ana Erickson represented the tenant. Swim school opening new location on Upper West Side Address:

Deals of the Day: March 19 Read More »

MTA plans MetroCard retirement

The Metropolitan Transportation Authority plans to stop issuing and refilling its ubiquitous orange and blue MetroCards at the end of the year, relying on its tap-and-go OMNY system for fare payment in the subway and on city buses, transit officials told Crain’s. Riders with existing MetroCards will be able to use them into 2026, the

MTA plans MetroCard retirement Read More »

A pioneering Harlem shopping center is in trouble, analyst says. Its owner disagrees.

The 250,000 square-foot retail and entertainment complex known as Harlem USA was a milestone in the neighborhood’s 21st-century renaissance when it opened in 2000. The five-story, $65-milion development at the corner of West 125th Street and Frederick Douglass Boulevard spared residents the trek downtown to shop at Old Navy, work out at a New York

A pioneering Harlem shopping center is in trouble, analyst says. Its owner disagrees. Read More »

Flatiron women’s health startup opens door to raise additional financing

Health startup Evvy is opening the door to raise more capital as it expands its vaginal health offerings, moving from selling microbiome tests to offering prescriptions for common genital infections. The Flatiron-based company secured a convertible note offering up to $10 million in debt financing from undisclosed backers last week, according to a filing with

Flatiron women’s health startup opens door to raise additional financing Read More »

Flatiron women’s health startup secures $10M amid vaginal treatment expansion

Health startup Evvy took out a loan as it expands its vaginal health offerings, moving from selling microbiome tests to offering prescriptions for common genital infections. The Flatiron-based company raised $10 million in debt financing from undisclosed backers last week, according to a filing with the U.S. Securities and Exchange Commission. The financing brings the

Flatiron women’s health startup secures $10M amid vaginal treatment expansion Read More »