New York’s robotaxi plan pulled in blow to Waymo expansion

CrainsNewYork.com (Real Estate) 2/19 5:53A Natalie Lung, Bloomberg

Gov. Kathy Hochul has pulled a proposal that would have allowed for commercial robotaxi services outside New York City, a blow to Alphabet's Waymo as it seeks to aggressively expand its driverless fleet this year. The proposal, which Hochul had...

Op-ed: Preparing New Yorkers for the AI economy

CrainsNewYork.com (Real Estate) 2/19 5:03A Julie Won, Carmen De La Rosa, Ca

Artificial Intelligence is transforming nearly every sector of our economy – as well as how companies are hiring, the skills that are in-demand, and what’s necessary to secure a quality job.  While AI holds tremendous potential, its rapid...

Hochul to restore millions in public health aid to the city after Cuomo cuts

CrainsNewYork.com (Real Estate) 2/18 11:33P Ethan Geringer-Sameth

Gov. Kathy Hochul plans to restore tens of millions of dollars in recurring public health aid to the city that was cut by her predecessor as part of a $1.5 billion infusion to help Mayor Zohran Mamdani fill the city’s two-year budget gap. The...

‘Go to hell’: A look at a legal standoff at the former Modell’s site in Bay Ridge

CrainsNewYork.com (Real Estate) 2/18 11:33P Julian Nazar

Sammy Alsidi, Launch Trampoline Park's New York City operator, says he never wanted to take his landlord to court. But he now finds himself at the center of a legal battle that is threatening to upend the entertainment destination's Bay Ridge...

Inside Mayor Zohran Mamdani's $127B preliminary budget

CrainsNewYork.com (Real Estate) 2/17 11:33P Jack Grieve, Ethan Geringer-Same

Call it a placeholder with teeth. Mayor Zohran Mamdani's preliminary 2027 budget leans on an unpopular property tax increase and reserve drawdowns. Nobody seems happy about it, not even the mayor himself, and the final version adopted in June...

On Politics: Six revenue strategies Mamdani's city budget overlooked

CrainsNewYork.com (Real Estate) 2/17 11:33P Ross Barkan

Mayor Zohran Mamdani’s bid to close a $5 billion budget gap through an income tax hike is understandable enough, if Gov. Kathy Hochul has indicated it probably won’t happen. Now Mamdani, with his $127 billion preliminary budget, is resorting to...

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...