Two Volkswagen engineers were indicted in Manhattan for allegedly trading on confidential Rivian‑VW joint venture talks, generating more than $300,000 in alleged profits.

The founder of a Manhattan private equity firm pleaded guilty after prosecutors say he diverted over $50M from investors who expected funds to back wellness startups.

A hush‑hush townhouse sale on East 55th surfaced near Extell’s big Midtown buys, raising questions about whether it’s part of a larger assemblage. Public filings remain thin.

Mayor Mamdani is directing $43 million to expand the city’s Bureau of Coastal Resilience, hiring engineers and crews to operate flood gates and shore protections. The initial FY27 funding aims to turn planning work into maintained defenses.

Jon Bon Jovi halted his July 23 Madison Square Garden performance early, citing health issues and asking fans to hold onto tickets for a rescheduled date.

UK fandom retailer House of Spells will open a 20,000‑sq‑ft Times Square flagship on July 29, promising immersive sets, late hours and rare collectibles.

M&T Realty Capital provided a $141.4M bridge loan to refinance Anagram Turtle Bay at 300 E. 50th St. The three‑year loan gives sponsors runway to finish lease‑up.

Two men were shot Thursday night in Chelsea and remain hospitalized in stable condition. The NYPD says the shooting occurred near West 25th Street and detectives are investigating.

A German bank quietly assigned a $50M mortgage on 29 West 34th Street and stepped out of a foreclosure chase, handing the debt to entities tied to an SL Green executive.

Kings Capital paid roughly $30.1M for a long‑vacant FiDi tower and has filed to convert the 17‑story shell into 108 market‑rate apartments and retail. The developer is lining up construction financing and plans a rooftop amenity with East River views.

NYPD Crime Stoppers posted a wanted alert after a 19-year-old was assaulted aboard a northbound 5 train near Brooklyn Bridge 6City Hall; tips may qualify for a reward.

After months of care, two Long Island City dogs tied to a car in January have recovered and are being cleared for adoption.

Sonesta secured a $291M senior loan from Fortress to refinance and reposition four Midtown Manhattan hotels totaling 917 rooms. The financing could fund upgrades and stabilize operations across the portfolio.