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  • Articles from "new york"

    Real Estate

    They Wanted Bigger Space in a Smaller Building in Brooklyn. Friendly Neighbors a Plus. - The New York Times

    nytimes.com RealEstate New York

    A Brooklyn couple upgrades their apartment after facing challenges working from home during the pandemic, eventually purchasing a larger one-bedroom condo in a smaller building to accommodate their needs and family visits.

    Aby Rosen’s RFR Sells 522 Fifth Avenue to Amazon

    therealdeal.com RealEstate New York

    Aby Rosen's RFR sold 522 Fifth Avenue in New York City to Amazon for an undisclosed price, marking another significant deal for the real estate firm amidst recent financial challenges.

    Michael, Ed Ostad Sue Younger Brother Steve Over Rent-Stabilized Deals

    therealdeal.com RealEstate New York

    Two brothers are suing their younger sibling over a portfolio of underwater rental properties in New York City, highlighting the challenges faced by landlords under the 2019 rent law.

    Homes for Sale in Manhattan and Queens - The New York Times

    nytimes.com RealEstate New York

    The New York Times lists three properties for sale in Manhattan and Queens, highlighting their features, costs, pros, and cons.

    Compass Brokers Sue Triangle Equities for Tesla Lease Commission

    therealdeal.com RealEstate New York

    Two Compass brokers are suing Triangle Equities for nearly $6 million in unpaid commission for brokering a Tesla lease in Queens.

    Sunrise Mall in Massapequa to be demolished, owner seeks subdivision approval - Newsday

    newsday.com RealEstate New York

    The nearly vacant Sunrise Mall in Massapequa, New York, is slated for demolition, with the owner seeking approval to subdivide the property for future development.

    The Leaning Tower of New York | The New Yorker

    newyorker.com RealEstate New York

    The article details the construction and subsequent leaning of 1 Seaport, a luxury skyscraper in New York City, highlighting safety violations, a worker's death, and legal battles.

    NYC Top Real Estate Deals: Tuesday, June 3, 2025

    therealdeal.com RealEstate New York City

    New York City saw approximately 177 real estate deals totaling $262.4 million on June 3, 2025, with notable transactions in residential and commercial sectors.

    NYC Top Deals: Friday, May 23, 2025

    therealdeal.com RealEstate New York City

    New York City recorded approximately 211 real estate deals totaling about $381.2 million on May 23, 2025, with notable transactions including high-value residential and commercial sales.

    These Are the Week’s Biggest Real Estate Stories in New York

    therealdeal.com RealEstate New York

    This week's New York real estate news includes Ed Sheeran's Brooklyn Heights purchase, the indictment of real estate attorney Mark Nussbaum, and RXR's acquisition of 590 Madison Avenue.

    Empire Capital Buying 381 and 373 Park Avenue South

    therealdeal.com RealEstate New York

    Empire Capital, led by Josh Rahmani and Ebi Khalil, is purchasing two Midtown South office buildings for $130 million, adding to their recent string of office building acquisitions in New York City.

    New York City’s Top CRE Loans of April 2025

    therealdeal.com RealEstate New York

    New York City's top commercial real estate loans in April 2025 totaled over $2 billion, with significant investments in residential and retail projects.

    Conde Nast in Talks for 200K SF Sublease at 1 WTC

    therealdeal.com RealEstate New York

    Condé Nast is in negotiations to sublease 200,000 square feet of its space at 1 World Trade Center to BNY Mellon, as the latter renovates its headquarters.

    Silverstein Signs Insurance Company Starr to 49K SF Lease

    therealdeal.com RealEstate New York

    Starr Insurance signed a 49,000-square-foot lease at Silverstein Properties' 1177 Sixth Avenue in Midtown Manhattan, adding to its existing space at 399 Park Avenue.

    NYC Top Deals: Monday, May 19, 2025

    therealdeal.com RealEstate New York City

    New York City saw approximately $207.8 million in real estate deals on May 19, 2025, with significant transactions in both residential and commercial sectors.

    NYC Top Deals: Wednesday, May 21, 2025

    therealdeal.com RealEstate New York

    May 21, 2025's top New York City real estate deals totaled $280.2 million, highlighting luxury residential and commercial transactions across various neighborhoods.

    Serhant To Sell Five Units at 172 Madison Avenue

    therealdeal.com RealEstate New York

    Ryan Serhant's brokerage will sell five units at the troubled 172 Madison Avenue building in New York City following a bankruptcy case resolution.

    What’s Happening With The Hamptons’ Rental Market?

    therealdeal.com RealEstate New York

    The Hamptons rental market has drastically changed post-pandemic, shifting from longer-term stays to shorter rentals and impacting data reliability and market analysis.

    Samsung Doubles Down at Vornado’s Penn 1

    therealdeal.com RealEstate New York

    Samsung has significantly expanded its office space at Vornado Realty Trust's Penn 1 building in Midtown Manhattan, leasing an additional 35,000 square feet and extending its existing lease.

    Texas Developer in Contract for $125M Adirondack Estate

    therealdeal.com RealEstate New York

    A Texas developer is purchasing a massive Adirondack estate for $125 million with plans for a luxury resort, sparking both excitement and environmental concerns.

    Brooklyn Townhouses Top Strong May Luxury Contracts

    therealdeal.com RealEstate New York

    A Park Slope townhouse sale led a surge in Brooklyn's luxury real estate market during the week of May 27-June 1, with a total contract volume reaching $87 million.

    Crown Acquisitions, Morgan Stanley Face Foreclosure in FiDi

    therealdeal.com RealEstate New York

    Deutsche Bank is foreclosing on Crown Acquisitions and Morgan Stanley's 170 Broadway retail property due to a defaulted $64 million mortgage, stemming from a dispute with tenant Gap.

    Hugh Jackman Splits West Side Penthouse With Estranged Wife

    therealdeal.com RealEstate New York

    Hugh Jackman and his estranged wife, Deborra-Lee Furness, have sold their West Side penthouse for $23.6 million amidst their ongoing divorce proceedings.

    NYC Top Real Estate Deals: Wednesday, June 4, 2025

    therealdeal.com RealEstate New York City

    A summary of high-value real estate transactions in New York City on June 4, 2025, highlighting top residential and commercial sales.

    Why NYC Bigwigs Invest In Hamptons Commercial and Retail

    therealdeal.com RealEstate New York

    New York City real estate moguls are increasingly investing in Hamptons commercial and retail properties, driven by both financial opportunities and personal connections to the area.

    Greek Revival Townhouse Leads Brooklyn Luxury Contracts

    therealdeal.com RealEstate New York

    A Greek Revival townhouse in Brooklyn, along with other luxury properties, fueled a surge in high-end real estate contracts last week.

    Pinterest Eyes 80K SF at SL Green, PGIM’s 11 Madison

    therealdeal.com RealEstate New York

    Pinterest is in negotiations to lease a significant amount of office space at 11 Madison Avenue in Midtown South, New York City.

    Vornado Selling West Chelsea Office Building for $200M

    therealdeal.com RealEstate New York

    Vornado Realty Trust and the Albanese Organization sold a West Chelsea office building for $205 million to Raghsa Real Estate, marking a significant transaction in Manhattan's Class A office market.

    How New York is Fixing Its Real Estate Problems, Or Not

    therealdeal.com RealEstate New York

    This article analyzes the multifaceted challenges facing New York City's real estate market, including low vacancy rates, stalled development projects, and political headwinds.

    These are the Top Real Estate Issues in the NY State Budget

    therealdeal.com RealEstate New York

    The 2025 New York State budget includes a new voucher program, makes it easier to convert rentals into condos under certain conditions, and allocates funds for mixed-income housing, while other areas like environmental review reform impact future housing development.

    Former Brooklyn Event Space Poised for Housing Pivot

    therealdeal.com RealEstate New York

    A former event space in Greenpoint, Brooklyn, is slated for conversion into a six-story mixed-use building with residential apartments and retail space.

    Condo at 1 John Street in Dumbo Tops Brooklyn Contracts

    therealdeal.com RealEstate New York

    A Dumbo condo tops Brooklyn's priciest contracts, highlighting a recent slowdown in the luxury market but still showcasing significant high-value sales.

    Benchmark Pawns Off East Hampton Prada Spot for $10M

    therealdeal.com RealEstate New York

    A Prada store's East Hampton location was sold for $10.25 million, marking a significant Hamptons retail transaction.

    What’s Happening In The Hamptons?

    therealdeal.com RealEstate New York

    The Hamptons luxury real estate market is booming, with record-high prices and increased demand, but faces challenges from new building restrictions and disputes over private listings.

    Investment Firm One William Street Expands to 45K SF at 299 Park Avenue – Commercial Observer

    commercialobserver.com RealEstate New York City

    One William Street Capital Management expanded its office space at 299 Park Avenue in New York City by 15,000 square feet, increasing its total footprint to 44,754 square feet.

    Politics

    Opinion | Good Cause Eviction Is a Landlord’s Worst Nightmare - The New York Times

    nytimes.com Politics New York

    A proposed 'Good Cause Eviction' bill in New York aims to protect tenants from arbitrary rent increases and lease terminations, addressing the state's high rents and limited tenant protections.

    Hochul saves NYC & Penn Station: Amtrak can't seize Block 780 as we get a better rail depot and smarter Gateway

    nydailynews.com Politics New York

    Governor Hochul's rejection of Amtrak's plan to seize Block 780 in Manhattan and the subsequent firing of Amtrak's CEO creates an opportunity for New York to take control of Penn Station's future and improve the Gateway project.

    Who's Running for NYC Mayor in 2025? - The New York Times

    nytimes.com Politics New York City

    The 2025 New York City mayoral race is highly competitive, featuring a diverse field of Democratic candidates and an independent run by incumbent Mayor Eric Adams.

    Here’s who’s running for New York City mayor in 2025 - City & State New York

    cityandstateny.com Politics New York

    The 2025 New York City mayoral race features a diverse field of candidates with varying political ideologies and backgrounds, including the incumbent mayor running as an independent.

    Is NYC Ready for Mayor Zohran Mamdani? The Polls Say Maybe

    nymag.com Politics New York City

    This article analyzes Zohran Mamdani's New York City mayoral campaign, exploring his policy proposals, social media presence, and chances against formidable opponents like Andrew Cuomo.

    Justin Brannan’s Punk-Rock Past Also Comes With Unwanted Baggage - The New York Times

    nytimes.com Politics New York

    The article discusses New York City Council member Justin Brannan's past punk rock career and resurfaced online messages containing insensitive and homophobic language, creating controversy in his current campaign for city comptroller.

    Mysterious Landlord Hardship Program Cited by Zohran Mamdani

    therealdeal.com Politics New York

    A New York City mayoral candidate's claim about a landlord hardship program is challenged by a building owner who can't find such a program, highlighting the struggles of rent-stabilized building owners.

    Exclusive | Lefty NY pols take free trip to Vienna to push 'social housing'

    nypost.com Politics New York

    New York leftist politicians took a sponsored trip to Vienna to study the city's social housing model, sparking debate about the trip's cost and potential impact on housing policy.

    Status of the Elizabeth Street Garden Project

    therealdeal.com Politics New York

    The future of the Elizabeth Street Garden project in New York City remains uncertain, with the mayor's administration pausing the affordable housing development despite winning legal battles to evict the existing garden.

    Open Primaries May Elect More Real Estate-Friendly Candidates

    therealdeal.com Politics New York

    A proposed change to New York City's election system, open primaries, could lead to the election of candidates more favorable to the real estate industry.

    NYAA Throws Financial Weight Behind Cuomo Campaign

    therealdeal.com Politics New York

    The New York Apartment Association is spending $2.5 million to support Andrew Cuomo's New York City mayoral campaign, making it the largest single donor in the race.

    TRD Asks Mayoral Candidate Brad Lander About Real Estate

    therealdeal.com Politics New York City

    This article presents a Q&A with mayoral candidate Brad Lander, focusing on his housing plan, views on the real estate industry, and his approach to addressing New York City's housing crisis.

    Don Peebles, Andrew Yang, Marc Norman Talk NYC Mayoral Race

    therealdeal.com Politics New York

    Don Peebles, Andrew Yang, and Marc Norman discussed the upcoming NYC mayoral race, focusing on the candidates' approaches to housing, labor relations, and the influence of special interest groups.

    Lander, Adams and Stringer Talk Housing at Mayoral Debate

    therealdeal.com Politics New York

    Three New York City mayoral candidates debated housing policies at a recent forum, focusing on rent regulation, mayoral influence over the Rent Guidelines Board, and the potential impact of federal funding cuts.

    NYC Mayoral Candidates Support New Homes Over Statue Garden

    therealdeal.com Politics New York

    The New York City mayoral race features a clash between candidates supporting affordable housing development and those opposing the removal of a community garden to make way for a senior housing project.

    Andrew Cuomo Creating Real Estate Ripples in Mayoral Race

    therealdeal.com Politics New York

    Andrew Cuomo's mayoral campaign and housing plan are creating significant ripples in New York City's real estate market, sparking both financial contributions and criticism from rival candidates.

    Mamdani, Myrie, Lander and Adams Bash Cuomo’s Housing Plan

    therealdeal.com Politics New York

    Four New York City mayoral candidates criticized Andrew Cuomo's housing plan and his ties to the real estate industry, highlighting his campaign's substantial funding from real estate donors.

    Mapping Where NYC’s Mayoral Candidates Live

    therealdeal.com Politics New York

    This article details the residential locations of New York City mayoral candidates, highlighting the diversity of housing situations among them.

    Anthony Weiner: City Council Has “Never Been Less Serious”

    therealdeal.com Politics New York City

    Anthony Weiner's City Council campaign in New York City focuses on honesty and pragmatism, contrasting with what he sees as the unseriousness of current politics.

    TRD Interviews Zellnor Myrie About Real Estate

    therealdeal.com Politics New York

    This article features an interview with New York City mayoral candidate Zellnor Myrie, focusing on his housing plan and his views on the real estate industry's role in shaping policy.

    Real Estate Donated to These NYC Mayoral Candidates

    therealdeal.com Politics New York

    Real estate industry donations heavily favored Andrew Cuomo's New York mayoral campaign, while other candidates received smaller contributions.

    NYC Mayoral Candidate Zohran Mamdani’s Housing Plan

    therealdeal.com Politics New York

    This article critiques New York City mayoral candidate Zohran Mamdani's housing plan, arguing that its proposals are unrealistic and financially unfeasible.

    Far-left Group Launches as New York State Tenant Bloc

    therealdeal.com Politics New York

    A new statewide tenant advocacy group, the New York State Tenant Bloc, is launching to counter the real estate industry's influence on elections and advocate for rent stabilization.

    Yimby’s Big Year: New York’s Housing Policy Wins of 2024

    therealdeal.com Politics New York

    New York's 2024 housing policy wins, influenced by the mayoral race and presidential election, are analyzed alongside the indictment of Mayor Eric Adams and its potential impact on future elections.

    Legislation Threatens Columbia, NYU’s Massive Property Tax Breaks

    therealdeal.com Politics New York

    Proposed New York legislation aims to revoke property tax exemptions for Columbia and NYU, potentially generating millions in revenue for the city.

    These are the Real Estate Records of Mayoral Candidates

    therealdeal.com Politics New York

    This article examines the real estate records and housing policy stances of potential mayoral candidates in New York City following Mayor Eric Adams' indictment.

    It’s Looking More and More like Cuomo vs. Mamdani for Mayor

    nymag.com Politics New York

    With early voting underway, the New York City mayoral race appears to be tightening between former Governor Andrew Cuomo and Assemblyman Zohran Mamdani, according to recent polls and endorsements.

    Transportation

    Long Island Bus - Wikipedia, the free encyclopedia

    web.archive.org Transportation New York

    The MTA Long Island Bus, serving Nassau County and parts of Suffolk County and Queens, underwent significant changes including privatization and a name change to NICE in 2012.

    LI Bus changes its stripes - Newsday

    newsday.com Transportation New York

    Long Island Bus is switching from painting blue stripes on its buses to using vinyl decals, saving the MTA an estimated $375,000 annually and improving environmental friendliness.

    Long Island Rail Road Ends Service to Belmont Park - The New York Times

    nytimes.com Transportation New York

    The Long Island Rail Road's discontinuation of direct train service to Belmont Park significantly impacts the racetrack's attendance and revenue, highlighting broader public transportation cuts in the New York region.

    Gov. Hochul can finally fix Penn Station mess

    nydailynews.com Transportation New York

    Governor Hochul's halting of a Penn Station expansion plan presents an opportunity to address the station's underlying management issues, which stem from a lack of unified control among multiple agencies.

    Overhead LIRR electrification a cheaper alternative, study says - Newsday

    newsday.com Transportation New York

    A new study proposes a cheaper method to electrify the Long Island Rail Road using overhead wires instead of a third rail, potentially saving billions of dollars but requiring a new train fleet.

    MTA: Long Island Bus faces deepest cuts - Newsday

    newsday.com Transportation New York

    Facing a $26 million funding shortfall, the Long Island Bus system is slated for drastic service cuts this spring, potentially halving its routes and impacting 100,000 daily riders.

    Crime

    Gilgo Case - Timeline

    gilgocase.com Crime New York

    This article presents a detailed chronological account of the Gilgo Beach murders investigation, highlighting key events, victim discoveries, and the eventual arrest and indictment of Rex Heuermann.

    2 Guards Charged With Murder in Beating Death of Prisoner in New York - The New York Times

    nytimes.com Crime New York

    Two New York corrections officers face murder charges, and eight others face related charges, in the death of an inmate who was allegedly beaten by guards.

    Accused killer of beloved Queens EMS lieutenant denies stabbing her to death

    nydailynews.com Crime New York

    The man accused of murdering EMS Lt. Alison Russo denies stabbing her to death, claiming he was asleep at the time of the attack.

    What we know about the high school lacrosse hazing scandal in Syracuse, New York | CNN

    cnn.com Crime New York

    Eleven high school lacrosse players in Syracuse, New York, face felony kidnapping charges for a hazing incident that involved kidnapping a younger teammate.

    Pair of phony cops pull off hot dog heist from Times Square vendor

    nydailynews.com Crime New York City

    Two men posing as police officers stole hot dogs from a Times Square vendor at knifepoint, marking the latest in a series of attacks targeting street vendors.

    Business

    Joel Wiener | Pinnacle Group

    therealdeal.com Business New York City

    Joel Wiener, head of Pinnacle Group, amassed a $1 billion fortune through New York City real estate acquisitions, despite facing criticism for allegedly exploiting renters.

    Troubled Sunrise Mall not renewing tenants' leases - Newsday

    newsday.com Business New York

    Sunrise Mall in Massapequa, New York, is facing redevelopment, leading to the non-renewal of tenants' leases and uncertainty about the mall's future.

    Domenico's Restaurant closing in Levittown after 58 years - Newsday

    newsday.com Business New York

    Domenico's Restaurant in Levittown, New York, is closing its doors after 58 years of serving the community, leaving behind a legacy of delicious food and cherished memories.

    Uncle Giuseppe's to open store in Levittown - Newsday

    newsday.com Business New York

    Uncle Giuseppe's Marketplace, an Italian specialty grocer, will open a new 50,000-square-foot store in Levittown, New York, in late 2026, marking its continued expansion and leveraging vacated supermarket spaces.

    Accident

    Transit

    Ending Free Student Rides and Other M.T.A. Cuts Draw Fire - The New York Times

    nytimes.com Transit New York

    The Metropolitan Transportation Authority's proposed budget cuts, including ending free student rides, face significant backlash from city officials and advocates.

    Amtrak’s Very Expensive Penn Station Expansion Plan

    curbed.com Transit New York

    Amtrak's proposed $16.7 billion expansion of Penn Station is facing criticism for its exorbitant cost and lack of consideration for alternative, more cost-effective solutions.

    What's in a Symbol? A Lot, the M.T.A. Is Betting - The New York Times

    nytimes.com Transit New York

    The MTA is investing $3 million in a rebranding effort to unify its image and improve rider understanding of its diverse transportation services.

    M.T.A. Warns of Doomsday Subway Cuts Without $12 Billion in Federal Aid - The New York Times

    nytimes.com Transit New York City

    The Metropolitan Transportation Authority (MTA) threatens significant New York City subway and bus service cuts without $12 billion in federal aid to address a massive budget deficit caused by the pandemic.

    News

    Watch Live: 1 dead when helicopter crashes into the Hudson River - CBS New York

    cbsnews.com News New York

    A helicopter crash in the Hudson River near Jersey City resulted in one fatality and at least two people pulled from the water.

    Conclusions in conflict: State says Aurelius church fire was intentionally set, but county disagrees

    auburnpub.com News New York

    Conflicting conclusions arise from state and county investigations into a fire that destroyed the Half Acre Union Church in Aurelius, New York, with the state deeming it arson while the county remains undecided.

    Bronx FDNY ambulance crew runs into unconscious road rage victim, leaves without helping: NYPD sources

    nydailynews.com News New York

    An FDNY ambulance accidentally struck an unconscious road rage victim in the Bronx and left the scene without providing aid, prompting an investigation.

    Housing

    COPING; Not Exactly a Landlord's Dream Tenant - The New York Times

    nytimes.com Housing New York

    A New York Times article details the experiences of tenants in a Bronx apartment building, highlighting the impact of a new, assertive tenant on improving living conditions.

    Page Reader AI | COPING; Not Exactly a Landlord's Dream Tenant - The New York Times

    page.ke Housing New York

    A New York Times article details the poor living conditions faced by tenants in a Bronx apartment building, highlighting issues of fear, neglect, and substandard housing.

    HPD-Owned Vacant Tax Lots

    nyc.gov Housing New York City

    The New York City Housing Preservation and Development (HPD) has significantly reduced the number of vacant lots in its jurisdiction while increasing the number of lots designated for affordable housing development.

    Lifestyle

    The West Village Girls Are Changing How the World Sees NYC

    thecut.com Lifestyle New York City

    This article explores how a new generation of young women influencers in New York City's West Village are shaping the neighborhood's culture and image.

    The Things All New Yorkers Should Know (But Most Don’t)

    curbed.com Lifestyle New York

    This article provides insider tips and tricks for navigating life in New York City, covering everything from finding affordable groceries and entertainment to dealing with traffic tickets and emergency situations.