Hairstylist to the stars lists SoHo home for $5.3 million

CrainsNewYork.com (Real Estate) 5/14 7:51A C. J. Hughes

Celebrity hairstylist Laurent Dufourg wants to cut ties with his SoHo apartment. The salon owner best known as “Laurent D” has listed a 2,700-square-foot full-floor unit on Prince Street for $5.3 million, according to a listing that appeared...

Op-ed: Want an “abundant” New York? Let’s be bold at the Brooklyn Marine Terminal

CrainsNewYork.com (Real Estate) 5/14 7:03A Carlo A. Scissura

When my parents arrived in Brooklyn from Sicily in the 1960s, the bustling waterfronts were a symbol of the unbound opportunity that New York City offered to immigrants from around the world. Many of their fellow Italians worked as longshoremen,...

9 W. 57th landlord pitches equity bet for its Manhattan casino plan

CrainsNewYork.com (Real Estate) 5/14 5:36A Nacha Cattan, Bloomberg

Soloviev Group, the real estate developer that owns a major office tower at 9 West 57th St. in Manhattan, is proposing a way for New York City residents to benefit from its potential casino project. Soloviev and its partner, Mohegan, aim to...

Real estate money pours into two Brooklyn council races

CrainsNewYork.com (Real Estate) 5/13 12:48A Nick Garber

Deep-pocketed donors are pouring money into two unusually competitive City Council primary races in Brooklyn, in hopes of unseating progressive incumbents in next-door districts. Real estate developers and financiers are funding outside PACs that...

Bellevue Hospital’s new CEO does his best work under pressure

CrainsNewYork.com (Real Estate) 5/13 12:33A Amanda D Ambrosio

When New York City Health + Hospitals needs a fixer, it looks to Dr. Eric Wei. He was the temporary CEO at Elmhurst Hospital after it was ravaged by Covid-19. He briefly took the helm at Harlem Hospital as employees left in droves over Covid...

Op-ed: Proposed Medicaid cuts will devastate New York

CrainsNewYork.com (Real Estate) 5/12 7:14A Richard Buery

In 1975, New York City was in financial turmoil, and a now-famous headline described President Ford’s federal response: "Ford to City: Drop Dead." Since then, we’ve overcome threats from 9/11 to market crashes to hurricanes to a global pandemic....

Cuomo campaign docked $600K for alleged coordination with super PAC

CrainsNewYork.com (Real Estate) 5/12 6:43A Nick Garber

Andrew Cuomo’s mayoral campaign may have improperly coordinated with an outside super PAC spending heavily on his behalf, according to the city’s campaign finance regulators, who announced Monday that they would withhold $622,000 in public money...

On Politics: What's missing in this mayoral race is a Kathryn Garcia-like centrist

CrainsNewYork.com (Real Estate) 5/12 6:19A Ross Barkan

Soon, with fresh polling, we will know where the Democratic primary for New York City mayor stands. Perhaps the vaunted frontrunner, Andrew Cuomo, will have wobbled since the last polls were released a month ago, and another candidate will have...

Editorial: Competitive campaigns bring bold housing ideas

CrainsNewYork.com (Real Estate) 5/9 12:45A https://www.crainsnewyork.com/ed

Elections are more than a referendum on the past — they’re a chance to surface new solutions to persistent problems. And few issues loom as large in New York City as the lack of affordable housing. To meet projected job and population growth, the...

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

CrainsNewYork.com (Real Estate) 5/8 5:10A Jack Grieve

New York is home to the busiest commercial real estate market in the world, so it's no surprise that some big names in the business topped Crain's new list of the largest local brokerages. In the inaugural edition of the rankings — based on the...

Desperate to beat Cuomo, mayoral candidates spend heavily to get on the airwaves

CrainsNewYork.com (Real Estate) 5/7 9:08A Nick Garber

Conventional wisdom holds that New York City mayoral races do not really begin until candidates start airing television ads. By that standard, this year’s campaign season is finally underway — giving candidates their best hope yet of taking down...

Big affordable-housing portfolio faces financial reckoning

CrainsNewYork.com (Real Estate) 5/7 8:57A Aaron Elstein

Ten years ago, developer A&E Real Estate bet big on affordable housing in New York. Over a two-year period the Midtown-based firm acquired 3,500 apartments across the city for nearly $800 million and invested another $130 million fixing up the...

City hospital system plans $46M ER upgrade to prep for delayed unit for Rikers detainees

CrainsNewYork.com (Real Estate) 5/6 12:33A Amanda D Ambrosio

North Central Bronx Hospital is planning a $46 million renovation of its emergency department to make space to build a medical unit for Rikers detainees that’s years behind schedule. The Norwood public hospital is seeking to restructure its...

Occupancy falls at New York Hilton Midtown

CrainsNewYork.com (Real Estate) 5/5 8:27A Aaron Elstein

Fewer travelers checked in last quarter at the New York Hilton Midtown, one of the city’s biggest hotels, and the property’s owner could turn unprofitable this year due to a decline in overseas guests. “We’ve got tremendous uncertainty now for...

City’s warehouse crackdown will shift jobs to New Jersey, worsen truck traffic, REBNY says

CrainsNewYork.com (Real Estate) 5/5 7:29A Nick Garber

A city plan to make it harder to build package-delivery hubs would cost New York jobs and tax revenue, while pushing the growing industry to New Jersey, according to an analysis by the Real Estate Board of New York. REBNY is preparing to mobilize...