News Summary Jim Whelan, president of the Real Estate Board of New York, expresses willingness to work with Democratic socialist mayoral candidate Zohran Mamdani. Despite
News Summary New York City is confronting challenges in its homelessness and mental health crisis, despite significant investments and strategic measures. Mayor Eric Adams’ administration
News Summary The New York City Council has successfully overridden Mayor Eric Adams’ vetoes to implement essential legislation for grocery delivery workers. The new law
News Summary New York City is witnessing a significant surge in construction with 945 new building permits filed in the first half of 2025, totaling
News Summary New York State has announced a $300 million investment to create the Quantum Research and Innovation Hub at Stony Brook University. This hub
News Summary Rithm Capital Corp. has agreed to acquire Paramount Group for approximately $1.6 billion in cash, pricing each share at $6.60. This acquisition reflects
News Summary Yechiel Newhouse has purchased a rent-stabilized portfolio in the South Bronx, acquiring nine buildings and 249 units for $19.6 million. This notable investment
News Summary President Trump has launched a $15 billion defamation lawsuit against The New York Times and several reporters, alleging malicious defamation. The legal action
News Summary Roland Foods, a New York-based food importer, is set to open a new 112,000 square foot facility in Plant City, Florida. This facility,
News Summary Memorial Sloan Kettering (MSK) plans to lay off nearly 420 employees, impacting about 2% of its workforce, as part of efforts to address
