Credit-rating agency KBRA today backed off a report it issued last week noting that Fox Corp. was planning to leave behind a quarter of its office space at 1211 Sixth Ave., the Midtown tower where Rupert Murdoch’s media empire leases more than 1.1 million square feet. “The tenant is expected to remain in place,” KBRA […]
Analyst retracts report that Fox plans to vacate space at Midtown HQ Read More »
State lawmakers are urging their peers in Albany to pass a bill that would force chronically reckless drivers to install speed-limiting devices in their vehicles after an unlicensed driver fatally struck a mother and her two children as they crossed a Midwood intersection on Saturday. Brooklyn State Sen. Andrew Gounardes and Assembly member Emily Gallagher
Lawmakers push for speed-limiting devices after fatal Brooklyn crash Read More »
It was a record week for luxury real estate sales. There were 45 contracts signed for properties costing more than $4 million during the week of March 24 to 30, the most since Dec. 13 to 19, 2021, according to Olshan Realty’s weekly luxury market report. Twelve of the week’s deals were for over $10
Luxury real estate sales market sees most prolific week since 2021 Read More »
In a bid to fend off last call for Bryant Park Grill, which is set to close at the end of April, the restaurant late last week filed a spicy lawsuit accusing landlord Bryant Park Corp. of tilting the tables in favor of a new restaurant operator who will pay the park less in rent.
Bryant Park Grill owner sues landlord to keep restaurant open Read More »
David Childs, the star architect who helped shape New York City’s skyline and designed 1 World Trade Center, has died at 83. The cause was Lewy body dementia, his wife told The New York Times. Childs’ impact on New York was transformative, designing some of the city’s most notable structures across decades. He was known
1 World Trade designer David Childs dead at 83 Read More »
The New York City Fire Museum is still fuming over the construction of the new Disney headquarters across the street. The city-owned organization filed a summons in Manhattan state Supreme Court Friday alleging that Disney and its contractors caused excessive vibrations when building the recently opened 7 Hudson Square complex and as a result have
Fire museum claims Disney caused about $6M in damages to its Hudson Square home Read More »
Sales Flushing sites with Irish bar and other retailers changes hands Address: 214-11 and 214-17 41st Ave., QueensSeller: Jia LinBuyer: Lian Ping ChenSale price: $4.4 millionAsset types: Mixed use Inwood rental building trades in court-ordered foreclosure sale Address: 152 Sherman Ave., ManhattanSeller: Christy Demelfi, refereeBuyer: Yitzchok WeinbergSale price: $3.6 millionAsset type: Multifamily Financings Site of
Deals of the Day: March 31 Read More »
Assaults on subway and bus workers in the city dropped by 31% last year, a statistic cited by transit officials in a letter to the Transportation Department in a bid to stave off threatened federal funding cuts. Janno Lieber, the Metropolitan Transportation Authority’s chief executive officer, sent the 22-page response Sunday to a request from
Transit assaults down as officials seek federal funds Read More »
What happened to Lee Zeldin? When the Republican first entered Congress, he was a relative moderate. He had, in 2014, defeated a longtime Democratic incumbent, Tim Bishop, and his record on environmental issues was fairly liberal. He joined a bipartisan caucus to address climate change, supported solar energy and offshore wind, and even voted to
On Politics: How New York propelled Lee Zeldin to MAGA royalty Read More »
New York City’s cannabis czar, Dasheeda Dawson, formally stepped down from her role at Cannabis NYC last week, in order to get some rest and relaxation before she takes on her next project, Dawson told Green Market Report on Friday. Dawson formally left Cannabis NYC on Tuesday, March 25, after joining the agency – a
City cannabis czar resigns to prep for next advocacy role Read More »
