On Politics: Cuomo should quit while he’s behind

CrainsNewYork.com (Real Estate) 7/8 8:40A Ross Barkan

Andrew Cuomo’s path to becoming mayor of New York, these days, is exceedingly narrow. The former governor, who was beaten by 12 points in the Democratic primary, is still entertaining campaigning as an independent candidate. He’s got a ballot...

Property broker Douglas Elliman tries to shed party-hard label

CrainsNewYork.com (Real Estate) 7/8 6:38A Jennifer Epstein, Paulina Cacher

Douglas Elliman Inc.’s stock wilted under the weight of the property broker’s persistent losses and departing agents. Then came the brazen disrespect. As rival Compass Inc. celebrated share gains by ringing the New York Stock Exchange’s opening...

New York faces dual threats of flash floods and extreme heat today

CrainsNewYork.com (Real Estate) 7/8 5:53A Josh Saul, Bloomberg

New Yorkers will struggle through intense heat throughout the day Tuesday, along with thunderstorms in the afternoon that pose the risk of dangerous flash flooding.  A heat advisory is in effect for New York City and much of the surrounding area...

WeWork signs new lease in Lower Manhattan, expanding its bet on the city

CrainsNewYork.com (Real Estate) 7/8 5:42A Natalie Wong, Bloomberg

WeWork has signed a lease in Lower Manhattan as coworking demand in the city rises. The firm is taking a 60,000-square-foot space at 250 Broadway, according to a statement Monday. The new location, which spans five floors, is expected to open in...

City's Fourth of July fireworks under heightened U.S. terror alert

CrainsNewYork.com (Real Estate) 7/3 12:33A Myles Miller, Bloomberg

New York City’s Fourth of July fireworks celebration could face security threats from extremist actors, including lone attackers and terrorist sympathizers, as tensions remain high following months of conflict in the Middle East, U.S. officials...

Mounting lawsuits over cannabis real estate may force regulatory changes

CrainsNewYork.com (Real Estate) 7/3 12:33A John Schroyer

Anyone who thinks New York’s recreational marijuana market rollout has been bumpy to date had better buckle up. The ride is going to get even tougher to navigate, due in large part to at least four ongoing lawsuits — and a fifth that’s already...

Op-ed: Ending subminimum wage for disabled workers

CrainsNewYork.com (Real Estate) 7/2 7:03A Mihir Kakara

While national headlines have dominated recent news cycles, a quiet but significant shift is taking place in New York. State lawmakers are pushing to eliminate a controversial 86-year-old policy that allows certain employers to pay people with...

Charter commission proposes fast-tracking affordable housing, reducing council veto power

CrainsNewYork.com (Real Estate) 7/1 7:09A Nick Garber

New York City voters will be asked to vote this fall on major reforms to the ways housing gets approved, including changes that would reduce the City Council’s final say on new development and fast-track smaller and affordable projects. The...

Turnbridge Equities signs sizable lease with bus company in Gravesend

CrainsNewYork.com (Real Estate) 6/30 12:33A Julianne Cuba

Manhattan-based developer Turnbridge Equities has inked a long-term lease with one of the largest transportation companies in the country to take over what's now a massive vacant lot in southern Brooklyn, the real estate firm announced Friday....

Mamdani’s win shows how much tide has turned toward tenants

CrainsNewYork.com (Real Estate) 6/30 12:33A C. J. Hughes

Many landlords make no secret of their disdain for the pro-renter reforms enacted in the past few years. But among affordable-housing advocates, local leaders and the general public, laws focused on curbing housing costs seem more popular than...

Extreme heat complicates homeless outreach

CrainsNewYork.com (Real Estate) 6/30 12:33A Ethan Geringer-Sameth

With temperatures rising over 100 degrees last week, heat-related illness among the city’s street homeless became a serious concern for outreach workers toiling under the same conditions. People living unsheltered are at particular risk of...

Op-ed: A rare lease cycle convergence will reshape New York's real estate market

CrainsNewYork.com (Real Estate) 6/27 7:03A Erin Saven

Crain’s New York Business recently reported that leasing rates in April fell 26% from the previous month, while the overall office vacancy rate dropped to its lowest level since February 2021. Don’t let one quiet month distract from the bigger...

Editorial: Congestion pricing is good news all around — if we can keep it

CrainsNewYork.com (Real Estate) 6/27 12:48A https://www.crainsnewyork.com/ed

Every new report on New York City’s congestion pricing program seems to tell the same story: It’s working. And the latest analysis from the Regional Plan Association shows it’s working even better than expected — not just for Manhattan, but for...

Op-ed: The city’s rushed plan for the Brooklyn Marine Terminal is setting up the community for...

CrainsNewYork.com (Real Estate) 6/26 8:03A Beth Bingham, Juan J. Rivero, Pr

Jobs, neighborhood stability, climate adaptation and economic resilience— these are the stakes in the redevelopment of the Brooklyn Marine Terminal, a 122-acre, publicly-owned stretch of working waterfront in Red Hook. But you would not suspect...

Meet three more Notable Leaders in Philanthropy

CrainsNewYork.com (Real Estate) 6/25 12:33A Crain s staff

Crain's honored 62 individuals who are core to the city's philanthropic efforts. In their various roles — executives and board members, directors and founders — the people presented in our 2025 list of Notable Leaders in Philanthropy are toiling...