Editorial: Hochul’s agenda now meets Albany’s math

CrainsNewYork.com (Arts) 1/15 11:33P https://www.crainsnewyork.com/ed

New York’s CEOs and business leaders have many reasons to watch Albany closely. Gov. Kathy Hochul’s sweeping State of the State address outlined major commitments — from child care to housing to infrastructure — that could reshape the state’s...

Eric Adams says he did not profit from launch of NYC memecoin

CrainsNewYork.com (Arts) 1/15 11:33P Muyao Shen, Bloomberg

Eric Adams said he did not profit from the launch of the NYC Token memecoin he is promoting, which initially soared in value before crashing following its debut on Monday, prompting crypto market observers to draw parallels to a “rug pull.” The...

Ground leases emerge as hidden risk for New York apartment buyers

CrainsNewYork.com (Arts) 1/15 11:33P Aaron Elstein

If you’re looking to buy a New York City apartment, you’ll surely consider the building’s location and condition. You should also ask a new question: Does the building own its dirt underneath? “This was something most people never bothered to...

Mamdani administration sues delivery app and its CEO, alleging theft

CrainsNewYork.com (Hospitality and Tourism) 1/15 8:29A Nick Garber

The city sued a food-delivery company accused of stealing money from its workers Thursday — the first significant enforcement move that the city’s worker-protection agency has made under new Mayor Zohran Mamdani, who has vowed to aggressively...

Op-ed: Housing growth and public realm planning must go hand in hand

CrainsNewYork.com (Hospitality and Tourism) 1/15 5:03A Regina Myer

New York City just welcomed a new administration with a clear mandate to lower housing costs and drive new construction throughout the entire city. With new policies and a renewed drive promising to unlock significant growth across all five...

Letter to the editor: Crain's reporting mischaracterizes Chelsea houses financing

CrainsNewYork.com (Arts) 1/14 5:03A Jessica Katz

The recent article on the Chelsea NYCHA redevelopment gets the economics wrong and mischaracterizes the actual risk for public housing residents [" New public housing in Chelsea to cost $1.2M per apartment ," Dec. 10]. The $1.2 million-per-unit...

Less red tape, more child care money and the same tax rates: 3 takeaways from Gov. Kathy Hochul’s...

CrainsNewYork.com (Hospitality and Tourism) 1/13 11:33P C. J. Hughes, Ethan Geringer-Sam

When it comes to the city’s business community, Gov. Kathy Hochul seemed to channel her inner Goldilocks Tuesday in her State of the State address. Her wish list of policies promises not to be too tough on real estate investors and high earners....

Meet the Bigfoot hunters of the Hudson Valley — they’ve investigated hundreds of sightings,...

NYPost.com (Living) 1/13 5:55A Ben Cost

Gayle Beatty and her band of researchers are convinced that the hairy beast is alive, well and living just two hours north of New York City.

Kathy Wylde’s exit interview: her career, her successor and why she voted for Mamdani

CrainsNewYork.com (Arts) 1/11 11:33P Nick Garber

For a quarter century, any politician pushing to restrain or regulate New York City’s big businesses could count on receiving a call from Kathryn Wylde. Executives looking to influence local government have called on her for advice. After Friday,...

Free Museum Days (and Always-Free Museums) in NYC

Mommy Poppins 1/9 2:07A Anna Fader

When it comes to saving money on culture, there are tons of free museum days and free admission hours offered at a wide variety of New York City's top museums, zoos, gardens, and cultural institutions. Many of these local cultural hubs offer free...

Prolific hotel investor strikes again, this time in Hell’s Kitchen

CrainsNewYork.com (Hospitality and Tourism) 1/8 11:33P C. J. Hughes

A low-key but prolific investor in chain hotels has snapped up yet another property amid continuing signs of improvement for the hospitality sector. Mahesh Ratanji recently purchased a Holiday Inn Express at 538 W. 48th St., an 11-story, 177-room...

More med spa licenses revoked after sweeping investigation into unsafe medical practices

CrainsNewYork.com (Hospitality and Tourism) 1/8 11:33P Ethan Geringer-Sameth

The New York Department of State issued citations to 87 "med spa" businesses for operating without licenses or failing to have proper safety protocols in place following a sweeping statewide investigation into the industry. In the city, the...

Four safety-net hospitals reach labor deals with nurses, but strike threat remains

CrainsNewYork.com (Arts) 1/8 9:16A Amanda D Ambrosio

Four safety-net hospitals in Brooklyn and Queens reached tentative labor deals with the nurses’ union late Wednesday on staffing and workplace protections — but the nurses’ wage increases remain contingent on negotiations with major academic...

Op-ed: How Mamdani can make NYC green AND affordable

CrainsNewYork.com (Hospitality and Tourism) 1/8 5:03A Carter Strickland , John Surico

Floods in October claimed the lives of two more basement residents, a visceral reminder that poor New Yorkers suffer the most from extreme weather and that housing is intertwined with climate. Coming just weeks before an election in which climate...

Hochul to expand free child care in New York City, handing a win to Mamdani

CrainsNewYork.com (Hospitality and Tourism) 1/8 3:51A Nick Garber

Gov. Kathy Hochul announced plans Thursday to significantly expand free child care across the state, including new efforts in New York City — handing a major, if partial, victory to Mayor Zohran Mamdani, who campaigned on a promise of universal...