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Unpopular mayor lines up allies in hopes of an unlikely comeback

CrainsNewYork.com (Sports) 1/16 11:48P Nick Garber
If there were any lingering doubts that Eric Adams was serious about running for re-election while up against a federal prosecution, dismal approval ratings and a growing list of serious challengers, they weren’t on display earlier this month at...

City apartment values expected to jump 7.3%

CrainsNewYork.com (Sports) 1/15 8:34A Martin Z. Braun, Bloomberg
Residential real estate is poised to lead a comeback in New York City property values amid a housing shortage and still high interest rates capping sales.  The market value of the city’s more than 1 million properties is projected to rise 5.7% to...

Bellevue Hospital gets $2M to develop bird flu protocols

CrainsNewYork.com (Sports) 1/13 11:33P Amanda D Ambrosio
Federal money has started flowing to the city’s public hospital system to prepare for a potential bird flu outbreak among humans as the virus continues to impact dairy cow herds and bird flocks across the U.S. New York City Health +...

REBNY 129th Annual Civic Leaders

CrainsNewYork.com (Sports) 1/12 11:03P https://www.crainsnewyork.com/co
The annual gathering of The Real Estate Board of New York serves as a convergence point for prominent developers, owners, brokers, and key public figures to foster connections, share perspectives, and acknowledge the significant impact they...

Macy's will close 5 stores in New York City

CrainsNewYork.com (Sports) 1/10 7:12A Jack Grieve
Macy's will shutter five of its nine New York City locations this year as the retail chain moves to massively reduce its brick-and-mortar footprint. The closures will hit Macy's stores in Downtown Brooklyn and the Queens Center Mall, its discount...

Lawmaker wants to require MTA to install subway platform barriers

CrainsNewYork.com (Sports) 1/7 10:32A Caroline Spivack
State lawmakers want subway officials to install fixed platform barriers or invest in high-tech gates at all 472 subway stations after a recent, high-profile attack where a man in Chelsea was shoved in front of an oncoming train.  West side...

Hudson Yards tower owners to pocket $1 billion from refinancing

CrainsNewYork.com (Sports) 1/7 6:50A Aaron Elstein
Tishman Speyer Properties and a partner will collect nearly $1 billion in cash from The Spiral when the Hudson Yards tower’s mortgage is refinanced later this month. It’s an extraordinary return considering The Spiral opened only three years ago,...

Deals of the Day: Jan. 7

CrainsNewYork.com (Sports) 1/7 6:39A Julianne Cuba, C. J. Hughes, Edd
Leases Home furnishings firm inks Midtown South lease Address: 20 W. 33rd St., Manhattan Landlord: JLA Home Tenant: Vanderbilt Home Collections Lease Size: 14,000 square feet Asset Type: Office Brokers: LSL Advisors represented the tenant....

MTA leans on metal barriers to defend riders from subway shovers

CrainsNewYork.com (Sports) 1/2 11:48P Caroline Spivack
The Metropolitan Transportation Authority is leaning into the low-tech upgrade of lining subway platforms with metal barriers to address one of the system’s most intractable problems: the dozens of people each year who are struck by trains after...
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