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"Blindsided" with no backup plan and rents closing in: Laid-off NYC restaurant workers describe how their lives have changed as their industry collapses around them
Jeenah Moon/Getty Images New York City's restaurant industry makes about $50 billion in sales each year and employs 167,000 p.....»»
Uber-rich push NYC apt. prices sky high
Despite fewer home sales, the average price of a New York City apartment has been pushed up by very wealthy buyers. Sales like the $92 million apartment at 220 Central Park South last December have ske.....»»
Apartment building sales plunge after new rent law dents values
Sales of New York City tumbled to near-decade lows last year, after  scared investors away from . By every measure, it was a terrible 2019 for those in the business of owning and selling... To view the full story, click the title link......»»
Bichotte elected to lead Brooklyn Democratic Party
Sen. stood at the finish line of a half-marathon in New York City, slapping high-fives. Then he was off to Washington for a meeting about the of President Donald Trump. By the end of the night, he... To view the full story, click the title link......»»
Westchester homeowners turn to discounts to drive higher sales
sellers…; discounted their way to a strong fourth quarter, whittling pricing to levels that even found appealing. Owners in the suburbs north of New York City cut an average of 4.1% from their last... To view the full story, click the title link......»»
WHO’S NEWS:HR&A Advisors announces Eric Rothman as new CEO
JLL has announced Caroline Gadaleta will lead the firm’s property management business in the New York Tri-State region. Based in New York City, Gadaleta will oversee strategy and operations of.....»»
The Ratings Game: Walgreens is missing out on sales opportunities in beauty, analyst says
Walgreens said that beauty products were among the big Black Friday categories, a category for growth that GlobalData Retail says the company is missing out on......»»
Car-free streets could become common in major cities
San Francisco is the latest city to declare cars off-limits on a major city street, following the lead of New York. The city by the bay will soon close Market.....»»
The 50 biggest NYC office sales of 2019
2019 turned into a pretty good year for New York City’s investment sales sector. Rising rents stoked investors appetite not only in Manhattan, but in Brooklyn, Queens and the Bronx. And tech giants Amazon, Google and Facebo.....»»
‘Trump’ unit sales take bigger hit than other luxe listings
In the three years since Donald Trump won the presidential election, the typical “Trump†branded condo (excluding those in New York City, where.....»»
Auditor slams city"s oversight of special taxing districts, which can lead to 11.7% sales tax rate
Auditor slams city"s oversight of special taxing districts, which can lead to 11.7% sales tax rate.....»»
New York cabs shouldn’t get a government bailout
Bad ideas tend to naturally follow from bad investments. The latest example: Bailing out people who overpaid for taxi medallions, the city license that allows drivers to pick up riders who hail them... To view the full story, click the title link......»»
Taxi Medallion Owners Demand a Bailout
Bad ideas tend to naturally follow from bad investments. The latest example: Bailing out people who overpaid for taxi medallions, the city license that allows drivers to pick up riders who hail them on the streets of New York. This came.....»»
City sues online e-cigarette vendors over sales to under-21s
New York City has filed a federal lawsuit against 22 online e-cigarette sellers, accusing them of selling their products to residents under the age of 21, Mayor Bill de Blasio announced... To view the full story, click the title link......»»
Mansion tax had a big bearing on Q3 home sales: Douglas Elliman CEO
CNBC's "Squawk Box" team break down New York City's real estate glut with Steven James, president and CEO of Douglas Elliman NYC, and CNBC's Robert Frank......»»
Walgreens, Postmates team up on deliveries in New York City
Walgreens Boot.....»»
Japanese real estate firm seeks to exit New York market
The Japanese investment firm Unizo Holdings Co. is selling off the last vestiges of its New York City real estate portfolio and is looking to shed two Washington, D.C. office properties as... To view the full story, click the title link......»»
City widens lead over London as world"s financial capital: report
It may be a so far on Wall Street, but New York remains the top spot on the planet to work in finance—and is growing its lead on Z/Yen, a London-based think tank and venture firm, released... To view the full story, click the title link......»»
Four indicted in alleged $99M pharmacy fraud scheme
Authorities say a $99 million fraud scheme involving pharmacies in New York and New Jersey has led to the indictment of four people. The four owned or worked for pharmacies in Union City, New... To view the full story, click the title link......»»
City looks to repeal "gay conversion therapy" ban
A New York City law banning so-called gay conversion therapy would be repealed under legislation introduced Thursday over concerns that a pending federal lawsuit could lead to a decision unfavorable... To view the full story, click the title link......»»