Casino investor lists Upper East Side townhouse for about $13M

CrainsNewYork.com (Sports) 11/5 7:32A C. J. Hughes

A casino investor is betting that a buyer will take an Upper East Side townhouse off his hands amid some financial setbacks. Jason Ader, CEO of the hedge fund Spring Owl Technology Partners, which is tied to a bankruptcy case over a collapsed...

Prolific developer adding small Williamsburg resi project to growing portfolio

CrainsNewYork.com (Sports) 11/4 11:33P Julianne Cuba

A Brooklyn developer with projects on both sides of the East River has now filed plans for one in Williamsburg. Cheskel Schwimmer of the real estate firm Chess Builders submitted permits last week to the Department of Buildings to erect a 6-story...

Miami firm buys shuttered Long Island City hotel property for $13.9 million

CrainsNewYork.com (Sports) 10/27 11:33P Eddie Small

A Miami-based investment firm known for buying troubled properties in the city has acquired the site of a shuttered Long Island City hotel. Rialto Capital Advisors recently purchased 29-11 39th Ave. in the Queens neighborhood for about $13.9...

Manhattan luxury home sales maintain momentum with back-to-back strong weeks

CrainsNewYork.com (Sports) 10/27 7:25A C. J. Hughes

High-end properties seem to be enjoying a hot streak. Buyers last week snapped up 31 Manhattan homes listed at $4 million and above, one more deal than the previous week, according to Olshan Realty’s latest round-up of luxury condo, co-op and...

Manhattan developer parts with two Park Slope lots as it plans new projects nearby

CrainsNewYork.com (Sports) 10/27 7:10A Julianne Cuba

In an apparent pivot from its recent spate of acquisitions and new projects, Manhattan-based real estate firm Avdoo & Partners Development has parted with a pair of Park Slope lots. Shlomi Avdoo, founder and CEO of his namesake company, signed...

Medicare costs in New York among highest in U.S. while outcomes lag

CrainsNewYork.com (Sports) 10/15 11:33P Amanda D Ambrosio

New York ranked 35th nationally for Medicare health care quality, reflecting higher costs and worse health outcomes, new data shows. The Medicare program paid an average of $12,606 for each New York enrollee in 2023, the sixth most expensive...

Lenox Hill Hospital plans to lay off ambulance workers, cut emergency services

CrainsNewYork.com (Sports) 10/10 11:42A Amanda D Ambrosio

Lenox Hill Hospital is planning to lay off more than a dozen EMTs and paramedics as it cuts back ambulance services in Upper Manhattan, according to the workers’ union. The Upper East Side hospital, which is part of Northwell Health, notified the...

Prime Manhattan, Brooklyn retail portfolio hits market seeking $60M

CrainsNewYork.com (Sports) 10/10 6:03A Eddie Small

A major New York development team is hoping to take advantage of interest in the city's red-hot retail market by selling a portfolio of six storefronts across Manhattan and Brooklyn for $60 million. CBSK Ironstate is putting the retail portions of...

Eight-building Manhattan multifamily portfolio seeks $90M buyer

CrainsNewYork.com (Sports) 10/9 6:47A Eddie Small

A Long Island-based real estate firm is seeking more than $90 million for a portfolio of eight Manhattan residential buildings it has owned for decades. S&H Equities is looking to part with its buildings at 38-40 Carmine St., 90 Rivington St., 96...

Mount Sinai to study Alzheimer’s risk among Chinese Americans with federal backing

CrainsNewYork.com (Sports) 10/7 11:33P Ethan Geringer-Sameth

Mount Sinai is planning to close a gap in clinical research on Alzheimer’s disease in Chinese communities with backing from the federal government. Researchers at the Icahn School of Medicine last month received a $25 million grant to study the...

Sotheby’s sells Manhattan office to Weill Cornell for $510M

CrainsNewYork.com (Sports) 10/2 6:49A Natalie Wong, Bloomberg

Sotheby's sold its former headquarters on Manhattan's Upper East Side to Weill Cornell Medicine.  The auction house sold the property for $510 million, according to people familiar with the matter. The building, located one block from the East...

22-story residential project planned for Upper East Side

CrainsNewYork.com (Sports) 10/2 5:28A Eddie Small

A busy developer's plans for an Upper East Side site are coming into focus. Manhattan-based real estate firm Avdoo has filed plans with the Department of Buildings to construct a 22-story, 50-unit residential project at 242 E. 71st St., located...

Luxury co-ops relax decades-old rules to attract buyers in competitive market

CrainsNewYork.com (Sports) 9/29 11:33P C. J. Hughes

Co-op buildings, especially at the more expensive end of the real estate market, are trying to shake off their stodgy image. Building on past moves, the elite, often Upper East Side residences, which are essentially private companies in which...

Northwell consolidates women’s cancer care in new $14M center

CrainsNewYork.com (Sports) 9/28 11:33P Ethan Geringer-Sameth

Northwell Health is opening a new facility dedicated to women’s cancer in Lake Success, the latest in a series of new oncology programs in the works in recent years. The system will announce a new $14 million outpatient facility, known as the...

New York Blood Center faces lawsuits after data breach exposed 194K donors

CrainsNewYork.com (Sports) 9/25 11:33P Amanda D Ambrosio

Blood donors from other states are suing the New York Blood Center for failing to promptly notify them about a cyberattack that compromised their records earlier this year, exposing thousands to identity theft and financial harm, legal documents...