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At a Glance: June 25

CrainsNewYork.com (Retail & Apparel) 6/25 12:33A Amanda D Ambrosio
CRISIS RESPITE SERVICES: The New York City Department of Health and Mental Hygiene awarded a $9.5 million contract to the Riverdale Mental Health Association to operate a crisis respite center for individuals with severe mental illnesses,...

City begins review of two major Kips Bay life sciences developments

CrainsNewYork.com (Retail & Apparel) 6/25 12:33A Amanda D Ambrosio
The clock has started ticking on the city’s review of two major life sciences developments planned for Kips Bay, nearly two years after Mayor Eric Adams committed to building a life sciences hub in the neighborhood. Dubbed the Science Park and...

Ex-'Village Voice' publisher lists Greenwich Village penthouse for $32M

CrainsNewYork.com (Retail & Apparel) 6/24 8:26A C. J. Hughes
No Village Voice , no Village home. Peter Barbey, a billionaire apparel mogul who led a failed effort to revive the storied Village Voice newspaper in the mid-2010s, is looking to say goodbye to the neighborhood in the publication’s name. Barbey...

Key funding questions separate Adams, council as city budget deadline nears

CrainsNewYork.com (Retail & Apparel) 6/21 8:26A Nick Garber
New York City’s improving fiscal situation seemed to foretell an easier path to passing the coming year’s budget, but the City Council and Mayor Eric Adams still disagree on key issues with days left before the deadline to reach a deal. The...

City cannabis fund to dole out millions in loans to social equity companies

CrainsNewYork.com (Retail & Apparel) 6/21 8:03A John Schroyer, Green Market Repo
A New York City-specific fund for financially troubled marijuana companies is slated to a begin awarding loans to businesses as soon as this summer. The Cannabis NYC Loan Fund, which is flush with $2.4 million in city money, plans to award loans...

Third Avenue office tower changing hands for $178M

CrainsNewYork.com (Retail & Apparel) 6/21 7:01A Eddie Small
Midtown-based real estate firm Sovereign Partners is scooping up another Manhattan office building amid the toughest market for the sector in recent memory. The company, led by the Sakhai family, is purchasing 780 Third Ave. for $178 million from...

New York warns residents of extreme heat and poor air but offers few solutions

CrainsNewYork.com (Retail & Apparel) 6/21 12:33A Ethan Geringer-Sameth
Facing parallel plagues of extreme heat and poor air quality, New York city and state officials are encouraging residents to devise a plan for dealing with the worst nature has to offer. But there appear to be few interventions offered beyond...

Springsteen's New Jersey town fears 'disaster' from Kushner housing plan

CrainsNewYork.com (Retail & Apparel) 6/20 10:34A Nacha Cattan, Bloomberg
Marianne Cucolo knows she’s a rabble-rouser. For years she’s tried to stop the Kushners from building hundreds of homes in Colts Neck, New Jersey. “When I see something is wrong I don’t go with the flow,” she said. “I fight it.” But for all her...

New York firms focus on inclusion by offering equal benefits to all

CrainsNewYork.com (Retail & Apparel) 6/20 12:48A Judy Messina
Nearly 15 years ago, a Supreme Court decision made same-sex marriage legal in the United States, and in 2020 the court affirmed that Title VII of the Civil Rights Act applies to discrimination based on sexual orientation and gender identity.  Yet...

At a Glance: June 20

CrainsNewYork.com (Retail & Apparel) 6/20 12:33A Amanda D Ambrosio
NEW PSYCH UNIT: Bronx-based SBH Health System is set to open a new medical psychiatric unit at its flagship St. Barnabas Hospital today. The 1,860-square-foot unit, which will have eight beds for individuals with acute medical illnesses and...

City health department doles out $10.3M for supportive housing

CrainsNewYork.com (Retail & Apparel) 6/20 12:33A Ethan Geringer-Sameth
The New York City Department of Health and Mental Hygiene awarded more than $10 million to two housing and human services providers to expand the city’s network of supportive housing for people experiencing or at risk of homelessness. The...

MTA halts Second Avenue subway extension

CrainsNewYork.com (Retail & Apparel) 6/19 7:49A Caroline Spivack
The MTA has halted construction on a long-anticipated expansion of the Second Avenue subway. The high-profile project is among nearly 100 transit upgrades relying on $10 billion in federal dollars that the state must locally match — a funding...

Charges dropped against man in straw-donor scheme to Adams campaign

CrainsNewYork.com (Retail & Apparel) 6/18 11:53A Nick Garber
Prosecutors dropped charges on Tuesday against one of the six people indicted last year for orchestrating an illegal donation scheme to Eric Adams’ mayoral campaign in hopes of winning favors from his administration. Ronald Peek, 66, had been...
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