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Food & Drinks in ...
After 35 years, Duane Park Patisserie will close its storefront on June 14 amid a rent fight that ended in a judge’s lease termination. The owner is exploring options to keep parts of the business alive.
Real Estate & Development in ...
Derby Copeland Capital funded a $54M refinance for 660 Lexington as the Midtown East condo wraps construction and begins sales. The loan replaces earlier debt as the project moves into sellout.
Retail & Industry in ...
A Manhattan judge allowed a class-action accusing Abbott’s PediaSure of overstating its “clinically proven” growth benefits to proceed, citing packaging and ads that could imply height gains.
Science, Tech & Medicine in ...
Flourish surfaced from stealth with $500M and a $2.5B valuation, backed by Bezos and top VCs, promising a low‑power 'Cortex AI' that blends neuroscience and machine learning.
eBay is moving its NYC office into a Microsoft‑anchored Flatiron landmark, signing an eight‑year lease for about 27,902 square feet. The deal fills out the renovated 122 Fifth Avenue.
Crime & Emergencies in ...
A vehicle pursuit on I-95 ended near Trinity Elementary during a kindergarten Field Day; the driver was arrested and school officials say no students were harmed.
Politics & Govt in ...
A Nassau County agency missed a roughly $36M principal payment due June 1, marking the first default in the municipal tobacco‑bond market and exposing risks from falling smoking rates.
Targo Capital paid $81M for a seven‑building Lower Manhattan portfolio, adding at least one Lower East Side property.
A 36-year-old man was stabbed early Thursday near South 2nd and Hooper in Williamsburg and taken to Woodhull; police say he will recover. Detectives are asking anyone with information to come forward.
Omnia Properties has bought 108 E. 16th Street near Union Square. Recent Department of Buildings filings point to a roughly $1.4M renovation permit.
A Brooklyn man was charged after allegedly posting detailed threats to kill President Trump through the White House website; prosecutors say he admitted the messages and was ordered held.
Community & Society in ...
Mainchance, a long-running 24-hour Midtown drop-in, will close June 30 after the city declined to renew its DHS contract, leaving clients with fewer places to turn.
Asset CRG arranged an $18.1M ground lease at 358 Flatbush Ave., assembling air rights to clear the way for an 11‑story, 65‑unit mixed‑use project near Grand Army Plaza.
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