Map: See where the city’s newly popular 99-unit buildings are going

CrainsNewYork.com (Sports) 11/30 11:33P Eddie Small

New York developers learned a new favorite number this year: 99. The amount of buildings real estate firms planned with exactly 99 units skyrocketed in 2025 as companies attempted to navigate the rules and requirements of the 485-x affordable...

H&M to close two Manhattan stores in January

CrainsNewYork.com (Sports) 11/25 7:47A C. J. Hughes

Retail chain H&M will shutter two Manhattan locations in late January and lay off 62 employees from the stores, according to state layoff filings. The stores, located in the Upper East Side and Financial District, were underperforming, an H&M...

Memorial Sloan Kettering posts $62M loss as Epic system costs mount

CrainsNewYork.com (Sports) 11/21 9:21A Amanda D Ambrosio

Memorial Sloan Kettering reported yet another deficit in the third quarter as increased labor costs and the rollout of a new electronic medical record system weighed on its financial performance, according to a new filing. The Upper East Side...

Hackensack Meridian, Johns Hopkins target drug-resistant fungal infections with $35M accelerator

CrainsNewYork.com (Sports) 11/18 11:33P Ethan Geringer-Sameth

Hackensack Meridian Health and Johns Hopkins University are launching a consortium with big pharma to expedite the development of treatments for drug-resistant fungal infections. The group received a grant from the National Institutes of Health...

Former NY Gov. Spitzer pitches luxury Upper East Side tower

CrainsNewYork.com (Sports) 11/18 11:33P Julianne Cuba

One of New York's disgraced former governors made a rare public appearance Tuesday when he made the case for his new luxury development on the Upper East side. Eliot Spitzer resigned from office in 2008 after getting caught in a prostitution...

Chetrit's felony case for tenant harassment highlights rent-stabilized tensions

CrainsNewYork.com (Sports) 11/12 11:33P Aaron Elstein

In 2000 real estate investor Meyer Chetrit and a partner bought Park West Village, an 850-apartment complex on the Upper West Side. The seller was Leona Helmsley, New York’s “Queen of Mean,” who famously said “Only the little people pay taxes”...

JFK’s grandson joins race to replace Nadler

CrainsNewYork.com (Sports) 11/12 9:44A Nacha Cattan, Bloomberg

Jack Schlossberg, the 32-year-old grandson of former President John F. Kennedy, announced his bid for Congress, entering the race for a seat being vacated by veteran Manhattan lawmaker Jerry Nadler. Schlossberg will seek the Democratic nomination...

On Politics: Mamdani’s first big test is the City Council speaker race

CrainsNewYork.com (Sports) 11/10 7:06A Ross Barkan

One of the early political questions of the Zohran Mamdani era is what the mayor-elect will do about the City Council. Mamdani, fresh off his triumph over Andrew Cuomo, must decide on how much he’ll weigh in on the fight to replace the...

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...