H+H names new CEO to lead Maimonides after state-backed merger closes

CrainsNewYork.com (Media & Entertainment) 2/19 11:33P Amanda D Ambrosio

New York City Health + Hospitals tapped longtime hospital executive Svetlana Lipyanskaya to lead Maimonides Health on Thursday, selecting her to take over once the city’s pending acquisition of the Brooklyn safety-net system is approved.  ...

Mamdani's team brings on a second press aide from Chicago

CrainsNewYork.com (Media & Entertainment) 2/19 11:33P Jack Grieve

Cassio Mendoza, the press secretary for Chicago Mayor Brandon Johnson, is leaving his role in the country's third-largest city to become a deputy press secretary for Mayor Zohran Mamdani. Part of what makes Mendoza's move to New York interesting...

Vanbarton seeks to alter public space at whimsical FiDi building under conversion plan

CrainsNewYork.com (Media & Entertainment) 2/19 8:47A C. J. Hughes

Developer Vanbarton Group is seeking to do away with a pair of longtime fixtures at one of the city’s quirkiest office buildings as part of its planned residential conversion. The plaza at 77 Water St. in the Financial District would lose two...

Domo Hospitality Group to open its first Brooklyn restaurant

CrainsNewYork.com (Media & Entertainment) 2/19 8:41A Julian Nazar

Domo Hospitality Group will open its first restaurant in Brooklyn this year. Konya by Konban will occupy a 1,850-square-foot, ground-floor space at 235 Kent Ave. that also includes an outdoor patio. American restaurant Field Guide previously...

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

CrainsNewYork.com (Arts) 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 (Arts) 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 (Hospitality and Tourism) 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 (Hospitality and Tourism) 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...

Mamdani's promise to freeze the rent seemed out of reach. Not anymore.

CrainsNewYork.com (Hospitality and Tourism) 2/18 9:27A Jack Grieve

In his final weeks as mayor, Eric Adams stacked the Rent Guidelines Board with loyalists, seeming to ensure that Zohran Mamdani's proposed rent freeze would not manifest in his first year in office. Two months later, Mamdani is poised to deliver...

Ritz-Carlton New York officially changes hands for $269.7M

CrainsNewYork.com (Hospitality and Tourism) 2/18 9:23A Julianne Cuba

The Ritz-Carlton New York has officially sold for $269.7 million, records show. Miami-based investment firm Gencom acquired the luxury hotel at 50 Central Park South in two separate transactions that hit the city register Wednesday. Tom Bezold,...

Op-ed: These small businesses hold the key to child care for New Yorkers

CrainsNewYork.com (Hospitality and Tourism) 2/18 5:03A Erica Phillips, Reshma Saujani

For too long, New York City has asked working families to do the impossible: stay afloat in one of the most expensive cities in the country while piecing together child care that is unaffordable, unreliable, or unavailable.  It has also asked the...

Inside Mayor Zohran Mamdani's $127B preliminary budget

CrainsNewYork.com (Arts) 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 (Arts) 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...

Mamdani plans to hike NYC property tax to fill $5B hole

CrainsNewYork.com (Hospitality and Tourism) 2/17 6:54A Laura Nahmias, Bloomberg

New York City Mayor Zohran Mamdani is proposing raising New York City’s property taxes for the first time in more than two decades and is looking to raid the city’s reserve funds to fill a roughly $5 billion budget gap. “He’s put a pretty extreme...

Op-ed: Small businesses need room to breathe, not economic justice

CrainsNewYork.com (Hospitality and Tourism) 2/17 6:03A Matt Coleman

New York City’s ecosystem of 183,000 small businesses are not social experiments. From Main Street staples to bodegas, job creators fight every day to survive a rough city climate: skyrocketing rents, rising labor costs, and complex local taxes....