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H+H proposes $40M cut with few details as part of Mamdani’s savings plan
Crain's New York Business 1 week ago

H+H proposes $40M cut with few details as part of Mamdani’s savings plan

The city’s public hospital system says it will reduce spending by in-sourcing jobs, cutting overtime and improving revenue collection.

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New York City sues to ban ‘unlawful’ Empower ridehail app
Crain's New York Business 5 days ago

New York City sues to ban ‘unlawful’ Empower ridehail app

The city alleges the company has been operating unlawfully without a license the past few years even as it gained popularity with its cheap fares.

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Teachers’ union warns members could lose New York-Presbyterian coverage amid ongoing insurance dispute
Crain's New York Business 1 day ago

Teachers’ union warns members could lose New York-Presbyterian coverage amid ongoing insurance dispute

The union warned members as the health system continues a drawn-out battle with insurer EmblemHealth over rates.

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Luxury new development deals climb to 10-year high
The Real Deal 1 day ago

Luxury new development deals climb to 10-year high

In the first quarter of 2026, activity in New York City’s new development market followed the trajectory of the rest of the economy: big spending from wealthy buyers and fits and starts from the rest of the market.  Contracts signed for new condos...

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Despite sluggish start, Manhattan office leasing rallies to strong quarter
The Real Deal 1 day ago

Despite sluggish start, Manhattan office leasing rallies to strong quarter

The Manhattan office market came back from an early slowdown to reach a solid quarter of growth.  Firms inked leases for about 11.8 million square feet of Manhattan office space in the first quarter of 2026, according to a new report from Colliers. ...

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Moinian pursues major rezoning for Upper East Side project
The Real Deal 21 hours ago

Moinian pursues major rezoning for Upper East Side project

Queensboro Bridge commuters could soon be driving towards a 354-unit complex on the Manhattan side of the road. The Moinian Group filed a rezoning application with the Department of City Planning for 1097 First Avenue, Crain’s reported. The zoning ...

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Scott Rechler’s RXR leading $500M recap of 55 Broad office conversion
The Real Deal 19 hours ago

Scott Rechler’s RXR leading $500M recap of 55 Broad office conversion

Scott Rechler’s RXR is leading a $500 million recapitalization of 55 Broad Street — one of the first big office-to-residential projects of the recent conversion craze. RXR has entered an agreement to form a joint venture with developers Silverste...

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The Real Deal 2 hours ago

Test Real Deal Article

Test excerpt about construction and rezoning in NYC

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Long-stalled Chelsea development site to sell for $33.5M
Crain's New York Business 1 week ago

Long-stalled Chelsea development site to sell for $33.5M

PPHE Hotel Group is in contract to sell the site to T&E Development.

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Trouble at Kaufman Astoria Studios tests New York’s film ambitions
Crain's New York Business 4 days ago

Trouble at Kaufman Astoria Studios tests New York’s film ambitions

A joint venture including Hackman Capital Partners has allegedly defaulted on a $340 million loan tied to Kaufman Astoria Studios.

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SK Development plans 13-story mixed-use building for East Village
Crain's New York Business 1 day ago

SK Development plans 13-story mixed-use building for East Village

SK Development has filed plans for a 13-story, mixed-use building at 122 E. 11th St. in the East Village.

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Multimedia artist unloads Tribeca townhouse for $8M
Crain's New York Business 19 hours ago

Multimedia artist unloads Tribeca townhouse for $8M

Meredith James sold the Harrison Street landmark to an M&A lawyer after about four months of marketing.

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