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

CrainsNewYork.com (Education) 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...

Japanese firm buys SoHo luxury rental building

CrainsNewYork.com (Education) 11/24 10:09A Eddie Small

Another Japanese firm has scooped up a multifamily property in Manhattan as the country's renewed surge of interest in the New York asset class continues. Hanshin Juken, a real estate firm based in Fukushima, has purchased 212 Lafayette St. in...

Upper East Side co-op bounces from one real estate clan to another

CrainsNewYork.com (Education) 11/19 8:41A C. J. Hughes

An Upper East Side spread has passed from one real estate family to another.   The estate of Christiane MacArthur, a French former model whose in-laws owned Midtown office towers and much of Florida, sold a 3,500-square-foot co-op on Fifth Avenue...

Japanese firm scoops up Kips Bay apartment building for $10.4M

CrainsNewYork.com (Education) 11/19 7:15A Eddie Small

A Tokyo-based real estate firm purchased a multifamily building in Kips Bay for $10.4 million, showcasing Japanese companies' continued interest in New York properties and the strength of the city's market-rate residential developments. Norbil...

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

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

Billy Joel sells lower Manhattan pad to his daughter

CrainsNewYork.com (Education) 11/18 6:35A C. J. Hughes

The Piano Man has unloaded a NoLita home to a familiar face. Pop music icon Billy Joel sold his 1,600-square-foot condo on Elizabeth Street to his daughter Alexa Ray Joel, also a singer-songwriter, for $4.5 million, according to a deed that...

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

CrainsNewYork.com (Education) 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”...

Medical scrubs brand Figs to open first New York store on Upper East Side

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

The medical apparel brand Figs is slated to open its first brick-and-mortar location in New York on Manhattan's Upper East Side on Saturday.   Founded in California in 2013, Figs started as a digital-only direct-to-consumer brand and opened its...

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...