The New York Fed's Q1 report found household debt at $18.8 trillion and student loan delinquencies above 10%, with millions moved toward collections.

Rex Reed, the acerbic film critic and New York fixture, has died at 87. His barbed reviews and celebrity profiles leave a complicated, lasting mark.

A brake problem at Grand Central partly suspended No. 7 service between Queens and Manhattan this morning, forcing riders onto alternate lines and heavier transfers.

FXCollaborative and Sunlight Development unveiled renderings showing the Emmet Building at 95 Madison will become 65 condominiums with a restored limestone façade and new amenities.

The State Department barred 13 people tied to an India-based operation accused of shipping fentanyl-laced counterfeit pills, adding visa bans to sanctions and prosecutions.

RFR added two new tenants and two expansions at 475 Fifth Avenue totaling about 26,581 sq ft, lifting occupancy to roughly 92% at the Bryant Park tower.

Trump Mobile's updated preorder terms say a $100 deposit is only a "conditional opportunity" and the T1 handset "may never be commercially released," leaving hundreds of thousands waiting. Regulators and tech outlets are picking through filings and refunds.

MTA will shift weekday rush‑hour trips on the 2/3/4/5 lines starting next Monday to ease peak crowding for about 1.2 million riders.

City Hall has sued to shut 57 Star Beauty Shop, alleging undercover buys and online ads show a sex-for-pay operation near Billionaires' Row; the owner denies the claims.

Prosecutors say Joseph Makhani used forged deeds and shell companies to seize two Harlem brownstones, leaving at least one elderly owner displaced. The long-running case is now moving through state court.

Mayor Mamdani and NYCHA are rolling out ‘NYCHA in Your Neighborhood’ forums starting May 20 to let tenants raise repair and safety complaints and get on-site help.

Abe Foxman, former national director of the Anti‑Defamation League, has died at 86, New York officials said.

Léman Manhattan Prep secured a roughly 28% rent reduction at 25 Broadway after a years‑long dispute with the building’s owner. The amendment eases short‑term pressure on the school amid broader FiDi debt stress.