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

CrainsNewYork.com (Education) 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...

Three strong weeks of luxury sales could undercut claims of “Mamdani effect”

CrainsNewYork.com (Education) 11/3 8:27A C. J. Hughes

What Mamdani effect? Despite pronouncements that the possibility of the election of mayoral frontrunner and democratic socialist Zohran Mamdani has sent New York’s elite fleeing to other pastures , the opposite may in fact be happening. Last...

‘Shark Tank’ star scoops up new Fifth Avenue penthouse for $16M

CrainsNewYork.com (Education) 10/28 11:33P Julianne Cuba

Residential realty mogul and television personality Barbara Corcoran has traded in her old digs for a new, pricier pad, records show. The founder of Corcoran Group and a celebrity investor on ABC's Shark Tank has dropped $16 million on a...

Nonprofit merger creates new $15M cancer research institute

CrainsNewYork.com (Education) 10/28 11:33P Ethan Geringer-Sameth

A new oncology research institute focused on the relationship between cancer and the aging body has launched out of the pending merger of two major nonprofit players in the field. The Midtown-based Mark Foundation for Cancer Research is acquiring...

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

CrainsNewYork.com (Education) 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...

Chinese billionaire businesswoman buys $63M UES site for luxury condo development

CrainsNewYork.com (Education) 10/22 7:23A Julianne Cuba

Chinese property tycoon Zhang Xin has paid $63 million in cash for five Upper East Side buildings that she plans to demolish for a luxury condominium project, marking her first ground-up residential development in Manhattan. Xin, a billionaire...

Race to succeed Nadler gets another high-profile candidate

CrainsNewYork.com (Education) 10/20 5:25A Nick Garber

Manhattan Assemblyman Alex Bores will run for Congress to succeed the retiring Jerry Nadler, becoming the third major candidate to announce a bid for the high-profile seat. Bores, 34, has represented parts of Midtown and the Upper East Side in...

Coney Island firm plans 20-story luxury residential tower in Lenox Hill

CrainsNewYork.com (Education) 10/17 7:17A Julianne Cuba

Coney Island-based real estate firm Rybak Development is planning to demolish a low-rise Lenox Hill building, formerly home to a religious nonprofit, and put up a 20-story luxury apartment complex in its place. Sergey Rybak, founder and principal...

JPMorgan disputes tax bills at four Manhattan properties

CrainsNewYork.com (Education) 10/13 9:18A 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 7:22A 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) 10/9 11:33P 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) 10/9 11:33P 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) 10/2 11:33P 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) 10/1 11:33P 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) 9/28 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...