JPMorgan promoted Doug Petno and Troy Rohrbaugh to co‑presidents as Marianne Lake retires, and the board paired the moves with multi‑year retention awards tied to profit targets. The shakeup tightens the bank’s succession picture.

Adirondack Capital Partners’ Q1 report finds SoHo captured about 43% of U.S. trophy retail trades, driven by record per‑square‑foot storefront sales and tight vacancy.

Mitchell Modell relaunched an online shop and teases a Manhattan flagship by 2030, tapping Knicks championship fervor to test demand.

Parisian cashmere label Kujten leased a 2,567-square-foot SoHo storefront at 92 Greene Street, expanding after its Madison Avenue debut.

New York state moved to seize the Dimes Square Greek restaurant Kiki’s after a state warrant showed more than $1 million owed, the owner confirmed. The enforcement briefly interrupted the neighborhood favorite.

Christie’s seeks to open a 500‑sq‑ft wine boutique at Rockefeller Center after a narrow Albany law allowed a Bronx‑to‑Midtown license move.

Sinkers Lounge in downtown Manhattan announced a shutdown after a June 5 Facebook post by the venue’s former general manager. The closure comes as the company navigates legal and financial disputes tied to its parent company.

Authentic Brands is weighing a return to Barneys’ Madison Avenue flagship, but experts say the store’s scale, costs and need for top merchants make a comeback risky.

New Fortress Energy's PlanCos asked a New York court to recognize a U.K. creditor-led restructuring that would convert most debt to equity. The move shines a spotlight on Bucks co-owner Wes Edens.

Baird Medical has relocated its global headquarters to New York as it accelerates U.S. commercialization under newly appointed U.S. CEO Mark Saxton.

Abercrombie returned to SoHo with a three‑floor flagship at 520 Broadway, debuting a 'Heritage Meets Modern' design and a new accessories department. The opening follows a planned lease of the former Lululemon footprint.

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.

A new comptroller analysis finds roughly 15,700 vacant storefronts in New York City, with the highest vacancy rates clustered in Lower Manhattan, North Brooklyn and parts of Queens.