New York's "City of Yes" Housing Plan Advances Amid Local Debate, Awaiting City Council's Determining Vote
Mayor Adams' "City of Yes" housing plan passed a City Planning Commission vote and faces City Council review amidst mixed reactions regarding zoning changes and parking mandates.
Struggle for Profitability in Queens Amid Soaring Costs and Gentrification, Property Owners and Residents Grapple with Housing Pressures
The article discusses the dilemma of maintaining affordable housing in Queens, NY, amid rising costs and gentrification, highlighting financial strains for property owners and displacement fears for tenants.
Four Seasons Hotel in Midtown Manhattan Reopens, Restores Status as NYC's Most Expensive Amid Increased Room Demand
The Four Seasons Hotel New York is reopening after a COVID-19 pandemic closure, adding 368 rooms to a tight hotel market and reaffirming its status as the city's priciest hotel.
Decline in Migrants Leads to NYC Shelter Closures, Hotel Industry Faces Reconversion Crossroads
NYC migrant shelters are closing as arrivals decrease, with more leaving than arriving. The city's shelter system may take two years to stabilize, and hotels are hesitating to convert into housing due to regulatory and financial hurdles.
Renters in NYC Face Rising Costs, New Law Shifts Broker Fees from Tenants to Landlords
The NYC housing market sees rising rents amidst a tight competition, with a new law passing to shift broker fees from tenants to landlords, causing uncertainty among real estate groups.
Stonehenge NYC Expands Upper East Side Portfolio with $128M Acquisition of The Hanley Luxury Building
Stonehenge NYC acquires The Hanley, a luxury rental building on the Upper East Side, for about $128 million from CIM Group, with Acore Capital financing the deal.
Brooklyn's Controversial Franklin Avenue High-Rise Nears Approval, Balancing Housing Needs With Botanic Garden's Environment Concerns
A proposed 10-story building near Brooklyn Botanic Garden is nearing approval after a seven-year debate, promising 355 apartments and some union-backed jobs.
Tech Maven Greg Carr Lists Historic $25M Flatiron Penthouse to Aid African Conservation Efforts
Tech entrepreneur Greg Carr has listed his historic Flatiron penthouse in New York for $25 million, planning to use the proceeds for his African conservation projects.
Chobani Envisions Community-Centric Corporate Future with New NoHo Global Headquarters
Chobani unveils plans for its new global headquarters, Chobani House, in Manhattan, blending business with community support through diverse spaces and local engagement.
DAZN and Ziff Davis Expand in Manhattan with New Park Avenue South Leases as Office Market Rebounds
DAZN leased a 10,000-square-foot office on Park Ave South while Ziff Davis secured 23,038 square feet at 360 Park Ave South, showing a revival in Manhattan's office market.
High-End Retailers Flock to Chicago's Gold Coast: Kith Secures Prime 17,600 Sq Ft Space for Fashion Expansion
Kith occupies a former Sprinkles Cupcakes location in Chicago's Gold Coast, signaling a trend of luxury retailers moving to the area. The lease was disclosed by Acadia Realty Trust.
Even Tech Earners Struggle With Soaring NYC Housing Costs as Affordable Housing Expands
A report notes that NYC tech workers earning average salaries struggle to afford most apartments, while the city offers new affordable housing for those earning under $40k.












