Sephora lands huge rent reduction at Midtown store

CrainsNewYork.com (Media & Entertainment) 7/26 8:19A Aaron Elstein

Sephora just scored a huge discount on its rent for a Madison Avenue store. The chain rated one of teens’ favorite beauty retailers last year is now paying $156 a square foot for space at 520 Madison Ave., a steep 66% markdown from its old lease...

Op-ed: A call to transform gun violence prevention in New York

CrainsNewYork.com (Media & Entertainment) 7/26 7:03A Erica Ford

In recent years, the United States has grappled with the devastating impact of gun violence, which continues to plague communities across the nation. As the founder of LIFE Camp and a dedicated advocate for peace, I have been at the forefront of...

Bronx hospital's Olympics ad connects breakdancing to early cancer detection

CrainsNewYork.com (Hospitality and Tourism) 7/26 4:57A Jon Springer, Ad Age

As breakdancing gets its moment in the world’s spotlight debuting as an Olympic sport in Paris, a hospital in the Bronx is flashing back to its hardscrabble origins with a new ad. “Spot it Early,” Montefiore Einstein’s message about early cancer...

VC funding for New York startups on pace to exceed 2023

CrainsNewYork.com (Media & Entertainment) 7/26 1:03A Jack Grieve

Venture capital investment in New York startups is on the rise and will outpace the uncharacteristically low levels of 2023 if it remains on the current trajectory. That's according to the latest monthly economic snapshot from the New York City...

At a Glance: July 26

CrainsNewYork.com (Hospitality and Tourism) 7/26 12:33A Amanda D Ambrosio, Ethan Geringe

DRUG WARNING: The New York City Department of Health and Mental Hygiene has identified the powerful synthetic opioid, carfentanil, and the non-opioid anesthetic, medetomidine, in the city’s drug supply. In a warning issued Thursday, the city is...

Congestion pricing advocates sue Hochul

CrainsNewYork.com (Hospitality and Tourism) 7/25 11:59A Caroline Spivack

Congestion pricing supporters filed a pair of lawsuits Thursday in Manhattan Supreme Court against Governor Kathy Hochul and state agencies including the Department of Transportation, claiming Hochul’s reversal on the tolls violates state law....

State approves Beth Israel's closure

CrainsNewYork.com (Arts) 7/25 9:45A Amanda D Ambrosio, Amanda Glodow

The state Department of Health has approved Beth Israel’s closure plan with some conditions. The state says Mount Sinai must operate a new urgent care center nearby the site of the Lower East Side hospital for at least three months and develop an...

Home care industry sues Health Department for payment rate overhaul

CrainsNewYork.com (Arts) 7/25 12:33A Amanda D Ambrosio

A group of businesses that administer a popular state-run home care program is taking legal action against the state Health Department over a payment overhaul it says could worsen a shortage of home care workers in New York. The industry group...

At a Glance: July 25

CrainsNewYork.com (Arts) 7/25 12:33A Ethan Geringer-Sameth

CORONA HEALTH CENTER: The New York City Department of Design and Construction and the Department of Health and Mental Hygiene broke ground Wednesday on a $10.5 million renovation of Corona Health Center in Queens. The project will focus on the...

Menendez resigns from Senate effective Aug. 20 after conviction

CrainsNewYork.com (Hospitality and Tourism) 7/24 10:26A Jonathan Tamari and Steven T. De

Sen. Bob Menendez of New Jersey resigned effective Aug. 20, giving in to fellow Democrats’ demands he step down following his conviction on federal corruption charges in New York last week. Menendez’s political support collapsed after a jury...

Why these 3 boroughs are among the toughest markets for renters

CrainsNewYork.com (Hospitality and Tourism) 7/24 10:09A Jack Grieve

It's no secret renters in New York pay more for less. Prices are the highest in the country, yet apartments are some of the smallest and continue to shrink. Three boroughs in particular, though, are among the worst regions for renters in the U.S.,...

New York-Presbyterian plans to close rehab unit at Columbia

CrainsNewYork.com (Hospitality and Tourism) 7/24 10:06A Amanda D Ambrosio

New York-Presbyterian is planning to close a rehabilitation unit at Columbia University Irving Medical Center for patients recovering from serious injuries. The health system has requested approval from the state Department of Health to transition...

NYC Ferry fare hike coming this fall

CrainsNewYork.com (Hospitality and Tourism) 7/24 9:58A Caroline Spivack

NYC Ferry travelers will have to pay 50 cents more per trip this fall, a 12.5% fare increase, as the city seeks to rein in a heavy subsidy for the service. Starting Sept. 9, the city’s Economic Development Corp. will boost the price of a...

At a Glance: July 24

CrainsNewYork.com (Hospitality and Tourism) 7/24 12:33A Amanda D Ambrosio, Ethan Geringe

STARTUP EXPANSION: Mental health startup Headway, which provides a billing and scheduling platform for therapists and connects patients to care, is expanding to Medicare Advantage and Medicaid plans, the company said Tuesday. The expansion comes...

Midtown workers are about to get a major lunch upgrade

CrainsNewYork.com (Arts) 7/23 10:52A Kate Krader, Bloomberg

As return-to-office numbers hit almost 80% of prepandemic levels, lunch options in midtown New York keep proliferating — whether it’s the standard $17 takeout salad or a $34 Gruyère cheeseburger at the splashy new Four Twenty Five . Now there’s...