JPMorgan disputes tax bills at four Manhattan properties

CrainsNewYork.com (Education) 10/13 10:18A Aaron Elstein

JPMorgan says its tax bill is too high at four Manhattan properties and is fighting the city in court for a reduction. The global banking giant joins a long line of New Yorkers complaining about the city’s property-tax system, which is riddled...

The Met sells pair of UES townhouses for more than asking

CrainsNewYork.com (Education) 10/13 8:22A Julianne Cuba

The Metropolitan Museum of Art has sold two Upper East Side townhouses on the market for the first time in nearly 50 years reportedly for more than asking. Following a bidding war, a private buyer is in contract to scoop up the pair of 5-story...

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

CrainsNewYork.com (Education) 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 (Education) 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...

Ayah and 5 other restaurants to try in October

CrainsNewYork.com (Education) 10/3 12:33A Julianne Cuba

French restaurateurs Theliau Probst and Thibaut Castet have opened a Moroccan restaurant in SoHo as a love letter to a country close to their hearts. The pair did not know each other before they moved to New York more than 10 years ago, but they...

Four Madison Avenue buildings could get a makeover

CrainsNewYork.com (Education) 10/2 12:33A Julianne Cuba

A 6-story residential-and-commercial building on Madison Avenue on the Upper East Side could be demolished and rebuilt to stand 16 stories tall, records show. Ward Dennis, a historic preservation consultant at Higgins Quasebarth & Partners, based...

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

CrainsNewYork.com (Education) 9/29 12:33A 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...

Architectural designer picks up a Fifth Avenue co-op for about $10M

CrainsNewYork.com (Education) 9/23 12:33A C. J. Hughes

The longtime partner of billionaire cosmetics executive William Lauder has a new home. Architectural designer and philanthropist Lori Tritsch has snapped up a two-bedroom co-op on Fifth Avenue for about $10 million, according to a tax record that...

Investor keen on rent-stabilized Bronx properties picks up nine more for about $20M

CrainsNewYork.com (Education) 9/18 12:33A C. J. Hughes

A landlord with an appetite for rent-stabilized housing has gobbled up more properties. Investor Yechiel Newhouse has purchased a nine-building, 249-unit portfolio in the South Bronx for $19.6 million, according to deeds that appeared in the city...

Memorial Sloan Kettering to lay off 2% of its workforce due to financial challenges

CrainsNewYork.com (Education) 9/16 5:27A Amanda D Ambrosio

Memorial Sloan Kettering is conducting a wave of layoffs before the end of the year in an attempt to fend off looming financial challenges. The Upper East Side oncology center is planning to terminate nearly 2% of its staffed positions, CEO and...

Boutique Noho building sells for almost $50 million

CrainsNewYork.com (Education) 9/12 12:33A Julianne Cuba

A boutique residential and retail building in NoHo has traded hands for almost $50 million, records show. Jason Blacksberg, executive vice president and chief legal officer at Westchester-based firm Acadia Realty Trust, signed the documents...

Former employees sue Mount Sinai for allegedly shortchanging their pay

CrainsNewYork.com (Education) 9/12 12:33A Amanda D Ambrosio

Health care workers are suing Mount Sinai Health System for allegedly shortchanging them, a new court filing shows. Two former patient care associates, Juliette Mitto and David Gervais, filed a class-action lawsuit in Manhattan federal court on...

A New Addition to Our Lower School Program

The Browning School 9/11 11:25P Jeremy Katz

Beginning in the 2026-2027 school year, Browning is introducing KinderFirst, a small-group program designed for the select cohort of older boys (born between May 1 and October 31, 2020) who can learn...

Mexican developer snaps up Fifth Avenue co-op from Singer sewing machine heir

CrainsNewYork.com (Education) 9/11 8:33A C. J. Hughes

A 6,000-square-foot Upper East Side spread with ties to one of the oldest luxury builders in New York is now in the hands of an upscale real estate developer from Mexico. The apartment, a seven-bedroom, five-full- and two-half-bath co-op at Fifth...

Chetrit Group, facing legal woes, has sold Queens property to prolific developer

CrainsNewYork.com (Education) 9/11 7:56A Eddie Small

An active real estate firm in the city has picked up its latest development site from the Chetrit Group. ZD Jasper has purchased 64-11 Queens Blvd. in Woodside from the Meyer Chetrit-led company for about $18.6 million, property records show. The...