
Real Estate Market Transactions Highlight Activity in New York City
News Summary New York City’s real estate market is buzzing with recent significant activities, showcased by major transactions including Jorge Madruga’s $30 million purchase in

News Summary New York City’s real estate market is buzzing with recent significant activities, showcased by major transactions including Jorge Madruga’s $30 million purchase in

News Summary On May 9, Governor Kathy Hochul signed into law the $254 billion FY2026 New York State Budget, focusing on infrastructure, healthcare, and economic

News Summary CBRE has announced it will establish a financial headquarters at Lever House in New York City, reinforcing its status as the largest commercial

News Summary Jim King, the co-founder and longtime executive director of the New York Small Business Development Center (NYSBDC), has passed away at the age

News Summary Executives from major publishing firms, including BuzzFeed and The New York Times, addressed economic uncertainties in recent earnings calls, reassuring shareholders about ongoing

News Summary New York City lawmakers have enacted a significant payroll tax hike as part of the state budget to fund the $68 billion MTA

News Summary Rite Aid has declared Chapter 11 bankruptcy for the second time in under two years, leading to the closure of all 178 stores

News Summary New York State has announced a plan to allocate over $6 billion from its reserves to settle its unemployment insurance debt accrued during

News Summary New York City is experiencing a significant uptick in commercial real estate transactions, with several new leases, sales, and financings showcasing the market’s

News Summary Rite Aid is set to close over 175 pharmacies across New York as part of its Chapter 11 bankruptcy filing. The move follows