Rising funding costs are pinching the mechanics behind the U.S. stock rally, with leveraged ETFs and dealer repo exposure at the center of the squeeze.

At PS/IS 187, a proposed blacktop addition to meet New York’s class‑size caps has parents worrying about lost play space while teachers welcome smaller classes. The fight exposes tough local tradeoffs behind a citywide policy push.

Two pre‑dawn shootings in Inwood left two men in critical condition at Harlem Hospital; detectives are investigating and no arrests have been announced.

The SEC filed a civil complaint accusing Giovanni Pennetta of a $10.5M pre‑IPO scheme tied to Anduril; he pleaded guilty and was sentenced to prison in June.

Gov. Kathy Hochul opened a $45.9M ESSHI round on June 26, 2026 to fund services for hundreds of supportive housing units statewide. OMH will award operating dollars to projects that pair homes with services.

Upside Pizza has signed a lease at 1501 Second Avenue for its first Upper East Side location, expanding the sourdough-focused chain across Manhattan. The company has not yet announced an opening date.

The Pashalis family plans Novah, a Mediterranean restaurant, at the long‑troubled Seven Seas corner in Great Neck, aiming to open by November 2026. Chef Efi Naon will oversee the kitchen.

Dense fog this morning with highs near 81°F today. A dangerous midweek heat spike is likely July 1–3; find cooling centers and tips inside.

Public filings show Manhattan DA Alvin Bragg attended 20 comped galas in 2025, raising fresh questions about optics even as city crime figures decline.

A planned City Hall budget handshake was called off after Speaker Julie Menin demanded $300M a year to expand CityFHEPS, setting up a tense final week before the June 30 vote.

Hoboken police warn of waterfront donation scams: scammers borrow phones to move money through Venmo or Zelle, leaving victims out thousands.

A 40-foot humpback washed ashore at Montauk's Ditch Plains early Friday; AMSEAS and state crews are coordinating response and assessing the carcass.

Residents at 907 Fifth Avenue have sued their co‑op, alleging forged audit papers and years of opaque accounting after a protracted plumbing dispute. The complaint seeks damages and a retroactive accounting to 2019.