Real Estate

NYC’s outdoor dining program will become permanent

The Real Deal 9/25 6:51A By Sasha Jones
UPDATED, Sept. 25 2020, 1:21 p.m.: After months of waffling on whether to continue the city’s popular Open Restaurants program, Mayor Bill de Blasio has finally decided that initiative — and thus, year-round outdoor dining — will become a...

Outdoor dining to become permanent year-round (Real Estate) 9/25 6:38A Lizeth Beltran
New York City will make the Open Restaurants initiative permanent year-round, Mayor Bill de Blasio announced Friday morning. The program, which launched June 22, has allowed struggling restaurants... To view the full story, click the title link.

Business owners request Open Restaurant plan for retail

The Real Deal 9/25 3:45A Staff
Businesses are asking Mayor Bill de Blasio for small retailers to get sidewalk rights like restaurants have. The New York City Business Improvement District Association, which is made up of commercial tenants and property owners, asked the mayor...

The Closing: Carl Weisbrod

The Real Deal 9/25 1:30A By Kathryn Brenzel
Carl Weisbrod has been a fixture in city government for more than four decades. He joined the administration of New York City Mayor John Lindsay as an attorney with the Department of Relocation in 1970 and was later tapped to spearhead the...

Here’s how Industry City’s controversial rezoning unraveled

The Real Deal 9/25 1:00A By Kathryn Brenzel
Industry City was once set to become one of the biggest manufacturing hubs — and, with any luck, job creators — in Brooklyn. Now, it’s the latest example of a major development that couldn’t get past New York City’s political gauntlet. This week...

Taylor grand jury decision spurs city protests (Real Estate) 9/24 9:42A Bloomberg
Demonstrators packed a New York City plaza Wednesday night to protest a Kentucky grand jury's decision not to indict any police officers for the fatal shooting of Breonna Taylor. Chanting “Say her... To view the full story, click the title link.

SL Green, Chetrit settle lawsuit over Daily News building

The Real Deal 9/24 9:00A By Rich Bockmann
SL Green Realty and Jacob Chetrit have resolved their dispute over the busted deal for the Daily News Building, one of the biggest property deals to disintegrate as the coronavirus pandemic froze the debt markets. The real estate investment...

Johnson drops out of mayoral race (Real Estate) 9/24 7:13A Gwen Everett
Corey Johnson has dropped out of the race to be New York City's next mayor, citing his battle with depression. "I have made the difficult decision not to run," Johnson said in a statement. "This... To view the full story, click the title link.

NYC’s multifamily lenders see shares tumble in 2020

The Real Deal 9/24 5:40A Staff
Despite assurances that rent collections have remained strong, share prices for community banks in New York have plummeted. Since the beginning of the year, New York Community Bank, Signature Bank and M&T Bank have seen their shares fall 30, 39,...

10 NYC apartments you can buy for under $600K 9/24 4:30A Devin Gannon
For roughly $600,000, would you prefer a two-bedroom in a pre-war building located across from a park in south Brooklyn or a studio on a high floor of a Park Avenue co-op in Murray Hill? A recently...

Virus uptick in Hasidic NYC neighborhoods causes concern (Real Estate) 9/24 3:28A Associated Press
A spike in COVID-19 cases in a handful of Brooklyn and Queens neighborhoods with large Orthodox Jewish populations is raising alarm bells even as New York City's overall infection rate remains low,... To view the full story, click the title link.

Bill de Blasio’s Plan to Close Rikers Is Crumbling

Curbed NY 9/23 9:30A Caroline Spivack
A jail on Rikers Island. | Erik Pendzich/Shutterstock A judge’s ruling is the latest bad news for the mayor. A lawsuit has landed a decisive blow to Bill de Blasio’s plan to replace Rikers Island with...
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