FiDi Tower Scores $500M Lifeline As RXR Bets On 55 Broad Makeover
RXR is stepping in with about $500M to recapitalize 55 Broad, backing a major conversion bet in Manhattan’s Financial District. The investment is a test of demand for stabilized office-to-resi projects.
Downtown Flock Snaps Up $15 Million Chelsea Condo Spread
The Community Church of New York paid nearly $15M for about 20,500 sq ft of Chelsea condo space, giving the congregation a notable Manhattan footprint. The property had been a Stickley showroom.
Upper East Side Oil Spill Showdown: Jack Rosen Slaps Neighboring Condo Board With $40 Million Suit
Rosen Partners’ chairman has filed a $40M suit alleging a January fuel‑oil spill from a neighboring condo contaminated soil at his Upper East Side townhouse.
Gas-Price Revolt: 15 NY Senators Push Hochul For Pump Tax Timeout
Fifteen state senators led by Michelle Hinchey sent Gov. Kathy Hochul a March 31 letter asking for a temporary suspension of New York’s gas and diesel taxes amid a pump‑price spike. The request points to the 2022 tax pause as precedent.
Crews Tear Into 50‑Year‑Old Grasmere Gas Station To Keep Staten Island Warm
National Grid is rebuilding the decades‑old Grasmere gate station in a two‑phase project to modernize equipment and shore up gas reliability after a brutal winter. Work will continue into the summer with intermittent local impacts.












