Mamdani wants to simplify permits, cut red tape before World Cup

CrainsNewYork.com (Real Estate) 10/27 12:33A Laura Nahmias, Bloomberg

Zohran Mamdani, the frontrunner for New York mayor in next month's election, wants to simplify the city's permitting process to make it easier for organizations to host street events — a tightly regulated process under current rules that...

MTA to sell $230M of debt amid tolling plan legal fight

CrainsNewYork.com (Real Estate) 10/23 5:16A Michelle Kaske, Bloomberg

New York City’s transit network is seeking to raise $230 million in short-term debt to finance needed infrastructure for its congestion toll plan implemented earlier this year. Congestion pricing charges motorists to drive on Manhattan’s busiest...

Cuomo’s former business donors sit on sidelines as Mamdani leads

CrainsNewYork.com (Real Estate) 10/22 9:26A Nick Garber

Andrew Cuomo’s mayoral campaign has gotten a seven-figure boost in recent days from an influx of super-PAC donations by wealthy business people. But many other prominent executives and firms that propped up Cuomo’s primary bid are staying on the...

​Amtrak to seek Penn Station redesign proposals this month

CrainsNewYork.com (Real Estate) 10/22 8:39A Caroline Spivack

Amtrak will begin accepting proposals from developers seeking to redesign Penn Station by the end of the month, kicking off an aggressive timeline to select a master plan and break ground on it by 2027 under a mandate from President Donald...

City erases $135M in medical debt, inching towards $2B relief goal

CrainsNewYork.com (Real Estate) 10/22 12:33A Amanda D Ambrosio

The city has wiped $135 million worth of medical debt for 75,000 individuals, inching towards its goal of erasing billions in unpaid medical bills and reducing New Yorkers’ financial stressors in the next few years, Mayor Eric Adams plans to...

The data behind New York City's subway delays

CrainsNewYork.com (Real Estate) 10/21 12:33A https://www.crainsnewyork.com/tr

Big Law in New York keeps getting bigger. See the 50 largest firms.

CrainsNewYork.com (Real Estate) 10/20 12:48A Jack Grieve

Crain's today released its latest list of the largest law firms in the New York area , and the data shows the biggest players in town are expanding — including one heavyweight that has nearly tripled its local lawyer headcount over the past...

Wealthier NYC households gain $1B from lifted SALT cap, study finds

CrainsNewYork.com (Real Estate) 10/17 8:29A Nick Garber

New York City taxpayers will save billions of dollars from the tax provisions in President Donald Trump’s signature domestic policy law, but the benefits will be skewed toward wealthier residents, according to a new report by the city’s...

Trump admin threatens more NYC funds, this time over 34th Street busway

CrainsNewYork.com (Real Estate) 10/17 6:57A Caroline Spivack

The 34th Street busway is the latest city project the Trump administration is demanding transit officials hit the brakes on or risk losing federal funds and project approvals for other projects.  In a Thursday letter reviewed by Crain’s , Federal...

Maimonides, H+H to partner under state grant to bolster safety-net hospitals

CrainsNewYork.com (Real Estate) 10/17 6:49A Amanda D Ambrosio

Maimonides Medical Center is forging a new clinical partnership with New York City Health + Hospitals as part of a state program to bolster struggling safety nets, Gov. Kathy Hochul announced Thursday. The agreement is one of six deals announced...

NYC Health + Hospitals seeks to boost budget for temporary shelter beds

CrainsNewYork.com (Real Estate) 10/17 12:33A Amanda D Ambrosio

New York City Health + Hospitals is planning to increase its budget for temporary shelter beds for homeless patients as part of a plan to grow its housing program while securing millions in patient revenue. The city’s public hospital system...

Op-ed: Battery storage is the safe energy solution we need

CrainsNewYork.com (Real Estate) 10/16 6:03A Julie Tighe

Roughly a quarter of the state’s fossil-based generators are more than 50 years old. In New York City, the most polluting peaker plants, long past their intended lifespan and continuing to harm the health of nearby communities, are finally...

Next mayor must craft a new housing tax break, EDC chief says

CrainsNewYork.com (Real Estate) 10/15 8:38A Nick Garber

The next mayor’s top priority should be to propose a new tax incentive for housing construction to replace the underwhelming 485-x program, New York’s economic development chief said at a Crain’s New York Business event on Wednesday. The comments...

Michelin just endorsed 12 New York City restaurants

CrainsNewYork.com (Real Estate) 10/15 8:38A Jack Grieve

Twelve New York City restaurants that opened within the last two years just earned Michelin's stamp of approval — and could be in the running for stars come November. The French tire company added nine spots in Manhattan and three in Brooklyn to...

Billionaire Bill Ackman donates $1M to anti-Mamdani PAC

CrainsNewYork.com (Real Estate) 10/15 8:27A Laura Nahmias and Amanda Gordon,

Hedge fund billionaire Bill Ackman gave $1 million Tuesday to a super PAC opposing Zohran Mamdani’s New York City mayoral campaign, state campaign finance records show. The donation to Defend NYC is the latest major cash infusion ahead of the Nov....