Medical costs stall two-thirds of New Yorkers from buying a home, saving for retirement

CrainsNewYork.com (Real Estate) 4/19 12:33A Amanda D Ambrosio

Most New Yorkers contend with high medical costs. But those costs are getting in the way of people seeking to buy a home or put money in a retirement account. Sixty-two percent of New York City residents are concerned that their medical bills...

Tech workers are flocking to New York City

CrainsNewYork.com (Real Estate) 4/18 10:35A Jack Grieve

There is a lot of noise surrounding the fate of New York's tech sector. While venture capital investment remains slow, IPOs are starting to return . On Wall Street, the artificial-intelligence craze jolted equities to all-time highs, but money...

Walter Noel, who ran biggest feeder fund into Madoff, dies at 93

CrainsNewYork.com (Real Estate) 4/18 10:17A Katherine Burton, Bloomberg

Walter Noel, who ran the the largest fund to invest with Bernie Madoff and made more than $1 billion in resulting client fees for his firm, has died. He was 93.  He died on Dec. 15 at Yemanja, his family’s property on Mustique, a private...

New Tesla showroom to launch soon in Gowanus

CrainsNewYork.com (Real Estate) 4/18 8:01A Julianne Cuba

No hitting the brakes here. Electric automotive company Tesla is opening up its second showroom in Brooklyn and third in the city, amid layoffs at the Austin-based enterprise elsewhere across the globe, Crain's has learned. The maker of the...

New York's first electric skyscraper promises luxury with lower emissions

CrainsNewYork.com (Real Estate) 4/18 7:14A Kendra Pierre-Louis, Bloomberg

In a city that often feels stitched together by scaffolding, the development known as the Alloy Block — on a bustling street in downtown Brooklyn, across from the red-and-silver sign of the Brooklyn Academy of Music — long seemed like just...

New York outperforms most states in health equity, but gaps remain dismal

CrainsNewYork.com (Real Estate) 4/18 12:33A Jacqueline Neber

New York fares better than other states when it comes to addressing racial disparities in health care, but large gaps still exist within minority groups, according to a new health care equity report released by the Commonwealth Fund today. The...

City to open 16 school mental health clinics to ease youth mental health crisis

CrainsNewYork.com (Real Estate) 4/18 12:33A Amanda D Ambrosio

New York City will open 16 new school-based mental health clinics in Central Brooklyn and the Bronx, part of its efforts to increase the availability of mental health care in schools while scaling back its primary care offerings. Mayor Eric Adams...

Urban Climate Planning: The Case of the Hole and the Global Challenge of Equitable Resilience

CrainsNewYork.com (Real Estate) 4/17 3:56A https://www.crainsnewyork.com/co

The climate crisis has found a home in the Jewel Streets. This small community of 300 New Yorkers, more commonly known as the Hole, straddles the Brooklyn/Queens Border, four miles from Kennedy International Airport. As a recent Times article...

MTA struggles to fix the dead mall under New York City

CrainsNewYork.com (Real Estate) 4/17 12:48A Caroline Spivack

Descend into the 42nd Street station at the Port Authority Bus Terminal, walk the lengthy mezzanine under Eighth Avenue, and the first thing you’ll likely notice is the blight of more than a dozen shuttered shops. Shelves that once held items for...

H+H spent $55M settling injury or harm claims in FY23, comptroller report finds

CrainsNewYork.com (Real Estate) 4/17 12:33A Jacqueline Neber

New York City Health + Hospitals spent nearly $55 million settling 93 injury or harm claims in fiscal year 2023, a new report from city Comptroller Brad Lander has found. That’s a 34% decrease from fiscal year 2022, when the health system paid...

Lawmakers plot to postpone SUNY Downstate closure in final budget

CrainsNewYork.com (Real Estate) 4/17 12:33A Amanda D Ambrosio

Lawmakers are trying to pump the brakes on a state plan to close SUNY Downstate Medical Center as final budget negotiations ensue. Members of the state Senate and Assembly are pressing Gov. Kathy Hochul to halt her decision to shutter the...

Letter: Community boards must be open to change to truly serve their purpose

CrainsNewYork.com (Real Estate) 4/16 7:03A Michael Presser

The city's community boards are the most basic form of democracy that we can all experience up close. Made up of volunteers, primarily advisory, they still play a key role in relaying neighborhood opinions and emotions to our elected officials....

How geospatial technology is powering urban sustainability worldwide

CrainsNewYork.com (Real Estate) 4/16 6:03A https://www.crainsnewyork.com/co

On March 26th, Crain’s New York Business and Esri, a market leader in geographic information system (GIS) software, hosted a virtual event exploring pioneering applications of geospatial technologies for sustainability and climate initiatives....

What's City of Yes, and why does Eric Adams want it?

CrainsNewYork.com (Real Estate) 4/16 12:48A Nick Garber

New Yorkers would be forgiven if all the recent talk about “City of Yes” has begun blurring together in their minds. After all, the term refers to not one, but three different sets of reforms that Mayor Eric Adams is trying to get passed. All...

Rising chemo treatments, surgeries drive revenue growth at Memorial Sloan Kettering

CrainsNewYork.com (Real Estate) 4/16 12:33A Amanda D Ambrosio

Memorial Sloan Kettering Cancer Center posted more than $164 million in operating income last quarter, marking a recovery from last year’s losses due to increases in revenues from outpatient treatments, chemotherapy and surgeries. The Upper East...