Climbing gym investor ropes in Lower East Side property for $34M

CrainsNewYork.com (Nonprofits) 2/24 7:05A C. J. Hughes

A Midwestern investor in leisure-time spaces has snapped up another city climbing gym, a portion of which rises from one of New York’s now-shuttered food halls. Kansas City-based EPR Properties has purchased the three commercial condos at 180...

Cancer treatment costs drop up to 8% when hospitals publish full prices, study shows

CrainsNewYork.com (Advertising & Marketing) 2/23 11:33P Amanda D Ambrosio

Cancer treatment costs declined as much as 8.2% in cities where most hospitals published complete pricing data for oncology services, new research shows, indicating that federal price transparency rules may be succeeding in driving down costs....

Upper East Side penthouse under contract for record $89.5M

CrainsNewYork.com (Health Care) 2/23 10:25A Julianne Cuba

A condo on the Upper East Side is poised to sell for a neighborhood record in one of the city's priciest residential deals so far this year. A seven-bedroom, seven-and-a-half-bathroom penthouse at 1122 Madison Ave. has gone under contract with an...

Ex-EDC president and hedge fund exec lists Central Park penthouse for $20M

CrainsNewYork.com (International) 2/22 11:33P C. J. Hughes

A former head of the city’s Economic Development Corporation is looking to part with his Central Park penthouse. Clay Lifflander, who ran the quasi-public agency in the mid-1990s when the makeover of Times Square was a major priority, listed his...

‘New Republic’ owner gets new Upper East Side residence

CrainsNewYork.com (Nonprofits) 2/19 11:33P C. J. Hughes

A publishing executive is starting a new chapter on the Upper East Side. Win McCormack, the owner and editor-in-chief of storied political magazine The New Republic, has purchased a townhouse-style condo unit with his longtime partner, Democratic...

Belgian absinthe heir scores Upper East Side co-op

CrainsNewYork.com (Advertising & Marketing) 2/18 7:19A C. J. Hughes

A Belgian power couple has purchased an Upper East Side home. Ian Gallienne, the current chair of the board of directors of Belgium-based conglomerate Groupe Bruxelles Lambert, and his wife, Segolene, also a director, bought the three-bedroom,...

Lenox Hill Hospital seeks $41M upgrade to cancer center under construction

CrainsNewYork.com (Nonprofits) 2/16 11:33P Amanda D Ambrosio

Lenox Hill Hospital is seeking to add minimally-invasive services to its massive outpatient cancer center under construction on the Upper East Side, making a $41 million upgrade to the project. The hospital, part of Northwell Health, proposed...

Chess Builders buys Williamsburg development site for almost $20M

CrainsNewYork.com (Nonprofits) 2/12 9:40A Julianne Cuba

A Brooklyn developer with projects on both sides of the East River has acquired three adjacent lots in Williamsburg for a combined $19.6 million, records show. Cheskel Schwimmer of the real estate firm Chess Builders purchased 56 Meserole St. and...

Naftali Group parts with quartet of Madison Avenue sites

CrainsNewYork.com (Transportation) 2/11 7:04A C. J. Hughes

An investor with a focus on retail spaces has successfully shopped for more Manhattan sites amid an active stretch. Acadia Realty Trust has purchased four Upper East Side storefronts from developer Naftali Group for $20.7 million, according to...

City's private school tuition breaks $70,000 milestone for fall

CrainsNewYork.com (Banking) 2/9 3:48A Erin Hudson and Amanda Gordon, B

The top private schools in New York plan to charge more than $70,000 this year for tuition, an amount exceeding that of many elite colleges, as they pass on the costs of soaring expenses including teacher salaries. Spence School , Dalton School...

Hedge fund trailblazer unloads Upper East Side townhouse to financial executive

CrainsNewYork.com (Advertising & Marketing) 2/8 11:33P C. J. Hughes

The head of a Singapore-based online stock trading platform has snapped up an Upper East Side townhouse from a hedge fund pioneer. Junli Yang, the chair of TOP Financial Group, and her husband, Huaixi Yang, bought the 7,000-square-foot abode on...

Filipino real estate mogul lists longtime Upper East Side home for $25M

CrainsNewYork.com (Health Care) 2/4 11:33P C. J. Hughes

A Filipino real estate mogul is looking to part with his longtime home at a Park Avenue power address. Jorge Araneta, the CEO of Araneta Group, a conglomerate that owns hotels, fast-food restaurants and the stadium that hosted the famed 1975...

City's outdoor death toll hits 17 as frigid temperatures linger

CrainsNewYork.com (Health Care) 2/4 11:33P Laura Nahmias, Bloomberg

Seventeen people have died outside in New York since Jan. 19, as the region experiences an unusually long stretch of ultra-cold temperatures. At least 13 of the deaths were likely caused by hypothermia, Mayor Zohran Mamdani said on Wednesday....

Antiques dealer’s antiques-filled penthouse trades for about $4M

CrainsNewYork.com (International) 2/3 7:10A C. J. Hughes

The home of the late Mindy Papp, whose longtime Upper East Side antique store Florian Papp was considered among the oldest in the country, has found a buyer. The 2,000-square-foot penthouse co-op on East 79th Street — awash in 19th-century...

Legion Investment nabs $191M construction loan for new Greenwich Village project

CrainsNewYork.com (Banking) 2/2 6:36A C. J. Hughes

A developer juggling several high-end projects has scored a major construction loan for its latest endeavor, a new tower in Greenwich Village. Victor Sigoura’s Legion Investment Group closed on a $191.1 million financing package for 11 W. 13th...