The closure was made possible by the City’s jail population, which fell below 9,000 for the month of December, a record-low figure last reported in 1982.
The Raine Group, known for its deals in the world of sports and media, inked a deal of its own, signing a 15-year lease for two floors at Park Avenue Tower.
One hundred years later, Cushman & Wakefield remains committed to customer service and focused on the future. Heading into year 101, a possible IPO looms.
About 60,000 New Yorkers will spend this Christmas in a shelter and many more will sleep on the street as homelessness reaches Great Depression levels.
After a fraud conviction in October earned him a year on Rikers Island, one of the city’s most notorious landlords has agreed to pay a record $8 million in restitution to settle a civil suit brought against him by the state for tenant harassment. Steven Croman, who earned the nickname...
The president of the city’s biggest real estate lobby has criticized politicians and NIMBYism, saying the efforts to stall development are keeping much-needed housing from being developed. In a column for Real Estate Weekly this week, REBNY president John Banks said opposition to development in neighborhoods like the Lower East...