Manhattan’s class-obsessed office landlords turn to building-grade inflation

CrainsNewYork.com (Real Estate) 9/17 12:33A Aaron Elstein

Behind the stolid facades of New York’s office towers lies a world seething with class envy. The jealousy stems from the pecking order that’s developed over the last four decades across Manhattan’s 600 million square feet of office space....

Our newest list ranks New York's largest residential real estate brokerages

CrainsNewYork.com (Real Estate) 9/16 12:48A Jack Grieve

Crain's first-ever list of the largest residential real estate brokerages in the New York area is here, and three companies with headquarters in Manhattan ranked well above the rest. Flatiron-based Compass took the top spot with $19.3 billion in...

Adams’ administration skips questioning about federal cuts for the second time

CrainsNewYork.com (Real Estate) 9/16 12:33A Ethan Geringer-Sameth

Representatives for Mayor Eric Adams skipped a City Council oversight hearing on Monday, the second time the administration has dodged questions from the body on how it is preparing New York for billions of dollars in cuts from the federal...

Adams' involuntary hospital transports often fail to meet admission criteria

CrainsNewYork.com (Real Estate) 9/12 12:33A Ethan Geringer-Sameth

The city’s co-response teams, designed to treat homeless individuals with mental health needs, sometimes take people to the hospital against their will, but they often do not meet the criteria for admission, according to the Adams administration....

An LIRR strike is looming. Here’s what to know

CrainsNewYork.com (Real Estate) 9/12 12:33A Caroline Spivack

A standoff on contract terms between some of the Long Island Rail Road’s unionized workers and the Metropolitan Transportation Authority could spur the railway’s first strike in nearly 30 years, threatening to upend the commutes of nearly 300,000...

Louis Vuitton’s plans for its new Plaza District flagship come into view

CrainsNewYork.com (Real Estate) 9/11 8:01A Julianne Cuba

French luxury goods company LVMH Moët Hennessy Louis Vuitton plans to replace its old 20-story flagship with an even glitzier 25-story building, records show. More commonly known as LVMH, the Paris-based conglomerate of retailers such as Givenchy...

Op-ed: How New York can make 3M pay more to clean up water supply

CrainsNewYork.com (Real Estate) 9/11 6:03A Jordan Andrews Cade

A hazardous group of chemicals known as per- and polyfluoroalkyl substances (PFAS) has become a billion-dollar problem for New York. State water suppliers and the Department of Defense (DoD) have already spent $436 million, with an additional $1...

Unlicensed marijuana club sues state over raids, dispensaries near schools

CrainsNewYork.com (Real Estate) 9/11 12:33A John Schroyer

A New York City chain of unlicensed marijuana shops has filed two new lawsuits against the state, one in federal court and one in state court, this time in a bid to force regulators to shut down 152 adult-use dispensaries that have been deemed...

Op-ed: City's emergency medical responders deserve better treatment

CrainsNewYork.com (Real Estate) 9/10 6:03A Oren Barzilay

FDNY’s world-class emergency medical responders are the front lines and face of the busiest medical first response organization in the Western Hemisphere. Despite their life-saving work, New York City’s emergency medical technicians (EMTs) and...

Cuomo sees two-person mayor’s race as business leaders hear plan

CrainsNewYork.com (Real Estate) 9/10 5:28A Amanda Gordon, Nacha Cattan and

Former New York Gov. Andrew Cuomo shrugged off concern over a crowded race for New York City mayor, saying there are only two viable candidates in the four-person field. "This is going to come down to a two-person race," Cuomo, who is running on...

New York surpasses $1B in legal marijuana sales, again

CrainsNewYork.com (Real Estate) 9/10 12:33A John Schroyer

As of this month, New York’s licensed marijuana shops surpassed $1 billion in cannabis sales for the second time this calendar year, and notched $2 billion in sales all-time since the adult-use market launched almost three years ago, regulators...

Four years in, Gowanus rezoning spurs apartment surge, canal cleanup momentum

CrainsNewYork.com (Real Estate) 9/10 12:33A Eddie Small

It's been about four years since the contentious process to rezone Gowanus took place, but the Brooklyn neighborhood's transformation in many ways is still just getting started. In the wake of the City Council's passing of the deal to make it...

City opens temporary housing for individuals leaving psych hospitalizations

CrainsNewYork.com (Real Estate) 9/10 12:33A Amanda D Ambrosio

A new city-run temporary housing facility to provide shelter and medical care to individuals after a psychiatric hospitalization will start to accept tenants this week, Mayor Eric Adams said Tuesday. The 46-unit building, located at 442 W. 36th...

Public hospital system advances $7.5B physician staffing contract

CrainsNewYork.com (Real Estate) 9/9 12:33A Amanda D Ambrosio

New York City Health + Hospitals is moving to renew a multibillion-dollar contract with a major staffing partner to attract new doctors and treat more patients. A committee within the public hospital system’s board of directors voted Monday to...

Inside Waymo’s push to bring self-driving taxis to NYC

CrainsNewYork.com (Real Estate) 9/9 12:33A Caroline Spivack

To a casual observer it might have seemed lightning-fast after Waymo announced in June that it had applied to the Adams administration for a permit to test its self-driving cars on New York streets, and then, two months later, it became the first...