Casino finalists face a blind bidding war over tax rates

CrainsNewYork.com (Retail & Apparel) 10/13 9:21A Nick Garber

The four surviving bidders for a New York City-area casino face a crucial decision this week: deciding how much they're willing to pay in taxes without knowing what their rivals are offering, a blind bidding war that could push rates far above...

Congestion pricing brings in $365M for MTA through August

CrainsNewYork.com (Retail & Apparel) 10/13 8:47A Caroline Spivack

New York City's congestion pricing program is on track to hit its $500 million revenue target by year-end while dramatically reducing Manhattan traffic — bolstering the MTA's defense of the toll as the Trump administration battles to shut it...

On Politics: Cuomo’s in a bind as Election Day nears

CrainsNewYork.com (Retail & Apparel) 10/13 8:00A Ross Barkan

Is there any hope left for Andrew Cuomo? A recent Quinnipiac poll gave Cuomo and the anti-Zohran Mamdani forces some reason for optimism: Eric Adams’ decision to drop out had boosted the former governor by 10 points. The race stood at 46-33% in...

Nor'easter halts LaGuardia arrivals as storm snarls travel across local airports

CrainsNewYork.com (Retail & Apparel) 10/13 6:20A Caroline Spivack

Fliers at regional airports, especially LaGuardia, are facing delays of up to four hours due to high winds and rain from the nor’easter sweeping the East Coast. The travel headaches are here to stay until at least early Tuesday, according to air...

Life sciences real estate vacancies persist as venture capital investments drop

CrainsNewYork.com (Retail & Apparel) 10/13 12:33A Amanda D Ambrosio

New York's life sciences market is struggling to attract tenants, with nearly a third of lab space sitting empty as venture capital funding declined in 2025. Approximately 30.8% of lab space in the city was vacant between July and September,...

City Council bill would make outdoor dining year-round, more businesses eligible

CrainsNewYork.com (Retail & Apparel) 10/10 12:33A Caroline Spivack

More than 80% of restaurants that once offered outdoor dining abandoned the practice under the Adams administration's seasonal restrictions, but a new City Council bill aims to restore year-round street dining and expand which businesses can...

Emergency room visits drive up city spending on health benefits, data shows

CrainsNewYork.com (Retail & Apparel) 10/10 12:33A Amanda D Ambrosio

Hefty prices for emergency room visits contributed to the city’s rising spending on health benefits for municipal workers last year, new data shows. The city spent roughly $9.1 billion on health care benefits for employees, retirees and dependents...

Council set to pass bill increasing Legionella testing after deadly Harlem outbreak

CrainsNewYork.com (Retail & Apparel) 10/9 12:33A Ethan Geringer-Sameth

The City Council is advancing legislation to require landlords to test more frequently for Legionella, the bacteria that causes Legionnaires’ disease, after the deadly outbreak in Harlem this summer. The body’s Committee on Health will consider a...

Mamdani comforts execs, Cuomo vows to woo businesses at Crain’s forum

CrainsNewYork.com (Retail & Apparel) 10/8 11:41A Nick Garber

Zohran Mamdani has a habit of quoting famous figures: Nelson Mandela, Franklin D. Roosevelt, Martin Luther King. But when the democratic socialist mayoral front-runner stepped onstage Wednesday before a skeptical audience at a Crain’s New York...

Trump says he'll cut funding if Mamdani wins. The frontrunner plans to fight back

CrainsNewYork.com (Retail & Apparel) 10/8 9:27A Jack Grieve

Zohran Mamdani says he will take a two-pronged approach to addressing Donald Trump's promise of federal funding cuts for New York City if the Democratic candidate is to take office in January. "The first thing is to actually interrogate the...

Mamdani says he’d help landlords foot the bill for Local Law 97 building retrofits

CrainsNewYork.com (Retail & Apparel) 10/8 9:19A Caroline Spivack

Mayoral candidate Zohran Mamdani wants the city to become a bulk buyer of heat pumps and other climate-friendly building tech and distribute the gear to property owners struggling to comply with Local Law 97's carbon emissions caps, he told the...

Saks sues Puck News, claiming outlet ran ‘hit pieces’ — despite reporter’s ‘conflict of interest’

NYPost.com (Fashion) 10/8 7:11A Lisa Fickenscher

The suit referenced a 2007 interview with The Wall Street Journal, in which Cohan said Lazard was “full of incredibly bright and ambitious people who have their morality completely intact when they enter,” but added that “To succeed in a place...

Cuomo says he wants to rebuild Rikers Island into a 'state-of-the-art' new jail

CrainsNewYork.com (Retail & Apparel) 10/8 6:20A Jack Grieve

Andrew Cuomo said during Crain's mayoral forum Wednesday morning that he wants to rebuild — not close, as is planned — the dysfunctional Rikers Island jail complex. During his prepared opening remarks, the former governor cast the effort to build...

Wall Street still confident in the city’s finances despite Adams’ troubled tenure

CrainsNewYork.com (Retail & Apparel) 10/7 9:16A Aaron Elstein

Mayor Eric Adams doesn’t have many supporters left as he winds down his single term in office, but he still wows the Wall Street crowd. In the last few days credit-rating agencies Moody’s, S&P Global, Fitch Ratings and KBRA have praised the...

Subway cell service comes to the 4 and 5 tunnel linking Manhattan and Brooklyn

CrainsNewYork.com (Retail & Apparel) 10/7 8:47A Caroline Spivack

Subway riders can finally make phone calls and send texts while traveling between Manhattan and Brooklyn on the 4 and 5 lines — a milestone in the Metropolitan Transportation Authority’s efforts to end one of New York City’s last cellular dead...