Op-ed: City's new comptroller, pension trustees must lead on climate

CrainsNewYork.com (Real Estate) 2/12 5:03A Loren Blackford

Three of New York City’s pension funds are now weighing whether to move tens of billions of dollars from BlackRock over concerns about the asset manager’s climate risk management and decarbonization plans. This decision could be a wake-up call...

Mamdani names entrepreneur, Obama admin alum to city's chief tech role

CrainsNewYork.com (Real Estate) 2/10 11:33P Jack Grieve

An Obama administration alum and veteran computer scientist who helped create GIF technology and launch Hulu is set to become New York City's next chief technology officer. Mayor Zohran Mamdani said Tuesday afternoon that Lisa Gelobter, current...

Mamdani taps public hospital system veteran to lead aging services

CrainsNewYork.com (Real Estate) 2/10 9:46A Amanda D Ambrosio

Mayor Zohran Mamdani appointed Lisa Scott-McKenzie as the city’s next commissioner of the Department for the Aging, tapping the public hospital system veteran on Tuesday to oversee hundreds of health and social service programs for older adults....

Mejia rival concedes in special NJ House Democratic primary

CrainsNewYork.com (Real Estate) 2/10 9:25A Nacha Cattan, Bloomberg

Political organizer Analilia Mejia won the special Democratic primary in New Jersey's 11th Congressional District, according to her rival, former Rep. Tom Malinowski. "I congratulate Analilia Mejia on her hard won victory," Malinowski said Tuesday...

Op-ed: Universal child care must include home-based care

CrainsNewYork.com (Real Estate) 2/10 5:03A Davon Russell

Across the state of New York, home-based childcare programs outnumber center-based by more than two to one. They are a vital part of the childcare sector—trusted neighbors who care for children in their own homes, offering flexibility, cultural...

New York City Republicans risk losing lone GOP voice in Congress

CrainsNewYork.com (Real Estate) 2/10 4:41A Brandon Sapienza, Bloomberg

Staten Island stands apart from the rest of New York City in more ways than one. But its status as a Republican redoubt in a Democratic stronghold is under threat. In January, a state court judge ruled that New York's 11th Congressional District,...

Op-ed: A democratic socialist mayor could have the credibility to tame government

CrainsNewYork.com (Real Estate) 2/8 11:33P Andrew Rein

Mayor Zohran Mamdani agreeing with Comptroller Mark Levine that New York City faces a massive budget shortfall evokes "Casablanca’s" famous line: "I'm shocked, shocked, to find that gambling is going on in here!” The daunting gap should not be a...

Developer scoops up Gowanus site for $19M

CrainsNewYork.com (Real Estate) 2/5 7:34A Julian Nazar

Real estate executive Zelig Weiss has purchased a development site in Brooklyn's red-hot Gowanus neighborhood for $19 million, according to sources familiar with the matter. Weiss intends to build a six-story, approximately 95,200-square-foot...

Mamdani backs Hochul’s reelection bid

CrainsNewYork.com (Real Estate) 2/5 5:23A Nacha Cattan and Laura Nahmias,

New York City Mayor Zohran Mamdani has backed the state’s governor, Kathy Hochul, in her reelection bid, a key endorsement from one of the most influential progressive voices in the nation.  Mamdani  made the announcement  in a column in The...

Op-ed: Layoffs have become routine. New York employers can lead better.

CrainsNewYork.com (Real Estate) 2/5 5:03A Amy Bloustine

New York City is no stranger to economic cycles, but the wave of layoffs hitting workers in 2026 seems different — deeper, broader and more destabilizing. Already this January, major employers announced cuts of staggering scale: Dow is...

New York’s pension funds scrutinize Palantir over ICE contract

CrainsNewYork.com (Real Estate) 2/5 4:23A Laura Nahmias and Nacha Cattan,

New York’s pension funds are questioning Palantir Technologies Inc., a software company, over its business dealings with U.S. Immigration and Customs Enforcement and the Department of Homeland Security.  Both the city and state pension funds are...

Top New York hotels aim to double rates for World Cup

CrainsNewYork.com (Real Estate) 2/2 6:59A Aaron Elstein

The World Cup is four months away, but one group of excited fans is already preparing a victory dance: New York’s hoteliers.  Average rates at top Manhattan hotels are expected to double during the tournament, according to a new report from Bank...

MTA unveils $12B push to replace aging trains, buses

CrainsNewYork.com (Real Estate) 2/2 5:25A Michelle Kaske, Bloomberg

New York City’s transit system, the largest in the U.S., is creating a new unit to steer a $12 billion effort to replace decades-old trains and modernize its bus fleet.  Jessie Lazarus, who led the Metropolitan Transportation Authority’s shift...

City reiterates hospital shelter guidance after 10 died during cold weather emergency

CrainsNewYork.com (Real Estate) 1/29 11:33P Amanda D Ambrosio

The city urged local hospitals this week to allow homeless New Yorkers to seek refuge in their facilities during freezing temperatures, reiterating longstanding guidance after 10 people died outdoors during the cold weather emergency. The...

Hotelier loses two Midtown sites after pandemic and legal struggles

CrainsNewYork.com (Real Estate) 1/28 11:33P C. J. Hughes

An Indian-American investor has lost two Midtown hotels-turned-shelters following troubles with Covid travel restrictions, infighting among the owners and lawsuits from lenders. The two properties are 59 W. 46th St., known as the Hotel at Times...