Joseph Chetrit, one of New York’s biggest dealmakers, was indicted Wednesday on felony charges of tenant harassment.  He joins his brother Meyer Chetrit, who was indicted last month, as a codefendant in the case. The district attorney has accused the Chetrits of harassing two septuagenarian tenants in a Chelsea loft building. He pleaded not guilty.  Joseph is now one of the biggest names in the New York real estate industry to face criminal charges. The indictment underscores the Manhattan district attorney’s focus on prosecuting housing and real estate-related crimes.  The Chetrits allegedly left the two senior tenants at 111-117 West […]

This article originally appeared on The Real Deal. Click here to read the full story.

The president signaled he would discuss the sale of Nvidia’s Blackwell chips in a summit on Thursday, a move U.S. officials warned would be a “massive” national security mistake.

Post Content

The move benefits the Serbian politician Milorad Dodik, who had received support from Rudolph W. Giuliani, Michael T. Flynn, Laura Loomer and high-priced lobbyists.

The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars.

A&E Real Estate, one of New York City’s largest private landlords, is facing foreclosure at 1080 Amsterdam Avenue, near Columbia University, after allegedly defaulting on a $29 million loan.  Apex Bank filed suit in Manhattan Supreme Court this week, accusing A&E of missing three months of payments on the mortgage and violating other loan terms, Crain’s reported. Apex is seeking to seize and sell the 20-story, 96-unit tower to recover the $28.3 million still owed, plus interest and fees.  A&E could also be liable for any shortfall if the property’s sale doesn’t cover the debt. The landlord, led by co-founder […]

This article originally appeared on The Real Deal. Click here to read the full story.

The City Council on Wednesday advanced the Long Island City rezoning, which is expected to create 14,700 new homes over the next decade.  The City Council Committee on Land Use and the Subcommittee on Zoning and Franchises voted in favor of the rezoning after the Adams administration promised to invest $1.5 billion in the neighborhood. The project is expected to net 4,300 affordable apartments and 3.5 million square feet of new commercial space.  The Long Island City proposal now heads back to City Planning for review before going to the full Council for a final vote.  The Council made a […]

This article originally appeared on The Real Deal. Click here to read the full story.

A new production company wants to make as many video podcasts and newsletters as films and television shows.

The U.S. central bank is widely expected to cut interest rates for the second meeting in a row even though the government shutdown is obscuring officials’ view of the economy.

His firm, 1789 Capital, has been investing in artificial intelligence and defense technology — and, he said, it has an “understanding” of President Trump’s plans.