News Summary UBS International has appointed Adelino Dias as a Financial Advisor in New York, enhancing their team with his extensive wealth management experience. Previously a Director at Citi Private...
News Summary As the deadline for tax incentives approaches, New York City’s real estate groups are ramping up efforts to extend tax breaks for office rentals. With concerns over job...
News Summary A recent survey by the Federal Reserve Bank of New York reveals that businesses in the region are passing higher tariff costs onto consumers. Manufacturers report average tariff...
News Summary New York State leaders are sounding alarms over proposed Medicaid cuts that could jeopardize the Essential Plan health coverage for low-income residents. Recent warnings indicate that the bill...
News Summary In a recent gathering in New York City, OpenAI CEO Sam Altman addressed the future of artificial intelligence and its economic implications for the city. Attended by influential...
News Summary New York City’s real estate market is experiencing a dynamic shift with significant transactions across various sectors. Notable leases include Tom Ford Fashion’s 11,118 square feet at 500...
News Summary A recent study by Simplify LLC reveals that New York is ranked as the second most expensive state to start a business, following California. High labor costs, increased...
News Summary Oswego County has opened two new cannabis dispensaries, Leafy Wonders in Fulton and FlynnStoned in Oswego. This marks a significant expansion in New York’s legal cannabis market, which...
News Summary New York City faces a sharp decline in international tourism, with spending expected to drop by $12.5 billion this year. Concerns over entry policies and political rhetoric are...
News Summary A significant real estate transaction occurred in the Kingsbridge neighborhood of the Bronx, where a property at 205 W. 230th St. was sold for $11.5 million. The buyer...
News Summary New York State has unveiled two major rehabilitation projects for Interstate 88, totaling $42 million, aimed at improving roadway safety and supporting economic growth. The first project involves...
News Summary BXP has announced plans to construct a new 46-story office tower at 343 Madison Avenue in New York City, estimated at $2 billion. The speculative project reflects strong...
News Summary McFarland Johnson, an engineering firm based in Binghamton, has opened a new office in Brownsville, Texas, to support infrastructure development in the region. This expansion is part of...
News Summary Memorial Sloan Kettering has announced a reduction in the height of its new hospital tower on East 67th Street, decreasing it from 557 feet to 481 feet. This...
News Summary The super PAC ‘Fix the City,’ backing Andrew Cuomo in the NYC mayoral race, has raised $10 million, making it the largest outside spending force in the city’s...
News Summary Williams Companies is proceeding with plans to construct two natural gas pipelines, the Constitution and Northeast Supply Enhancement, in New York. This decision marks a shift after previous...
News Summary Contemporary Amperex Technology Ltd. (CATL) saw a remarkable 16% rise in shares on its Hong Kong debut, marking the largest IPO of the year. With approximately HK$35.7 billion...
News Summary Business groups in New York are alerting lawmakers about the potential negative impact of the 21st Century Antitrust Act on the economy. Proposed updates to antitrust laws might...
News Summary A significant real estate transaction occurred in the Kingsbridge neighborhood of the Bronx, where a property at 205 W. 230th St. was sold for $11.5 million. The buyer...
News Summary As the deadline for tax incentives approaches, New York City’s real estate groups are ramping up efforts to extend tax breaks for office rentals. With concerns over job...
News Summary New York City has introduced the Fairness in Apartment Rental Expenses (FARE) Act, abolishing upfront broker fees for renters. Effective June 11, 2025, the legislation mandates that broker...
News Summary New York City’s real estate market is experiencing a dynamic shift with significant transactions across various sectors. Notable leases include Tom Ford Fashion’s 11,118 square feet at 500...
News Summary BXP has announced plans to construct a new 46-story office tower at 343 Madison Avenue in New York City, estimated at $2 billion. The speculative project reflects strong...
News Summary Gainsborough Studios has filed a lawsuit against Vornado Realty Trust, claiming over $1.5 million in damages from ongoing construction at a nearby luxury project. The historic co-op alleges...
News Summary New York City has launched a new Business Improvement District (BID) along East 125th Street in East Harlem to enhance local businesses and improve community safety. Unanimously approved...
News Summary The Chrysler Building in New York City is now under Cooper Union’s control after RFR Realty defaulted on a $21 million rent payment. Cooper Union terminated RFR’s lease...
News Summary New York City is witnessing a notable increase in commercial real estate transactions, particularly in office space and hospitality. Key developments include leases signed by legal firms and...
News Summary Boyd Artesian Well Company, a family-owned business serving Putnam, Dutchess, and Westchester counties for over 50 years, has been inducted into the New York State Historic Business Preservation...
News Summary The 2025 Digiday Content Marketing Awards showcased remarkable achievements in video content and branded campaigns. With a focus on storytelling, brands like L’Oréal and e.l.f. Cosmetics exemplified innovation,...