A magazine writer went looking for an economist to bless Zohran Mamdani’s policies and found one in Massachusetts: Isabella M. Weber. Unfortunately, Weber overlooked some important facts that someone more familiar with New York would know. But even as an outsider, she should have known better. Take her argument that Mamdani’s rent freeze is okay, […]
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A couple of months ago, WeWork chief executive officer John Santora said that for the “right building in the right markets, we’ll take a new lease.” That includes New York City, a longtime key for the co-working company’s ambitions. WeWork signed a lease for 60,000 square feet at AmTrust RE’s 250 Broadway in Lower Manhattan, […]
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The president noted that U.S. negotiators remained open to offers from trading partners, suggesting that tariffs could be reduced by — or even after — the deadline on Aug. 1.
A partner at Sequoia, the venture capital giant drew criticism for calling the Democratic mayoral candidate for New York an “Islamist.”
For years, housing groups have pushed for the expansion of a key source of funding for affordable housing. On Friday, they got it, but potential housing cuts are on the horizon and threaten to undercut the long-sought policy change. The massive domestic policy bill signed into law on Friday gutted social safety net programs and […]
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There were 203 deals recorded, totaling about $528 million, in New York City on Monday, July 7. 🏆 Residential: The top residential sale recorded was for a co-op owned by the estate of philanthropist Joyce Linde, who died last year. Linde was the wife of Boston Properties co-founder Edward Linde. The unit that sold, at […]
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Despite a slow holiday week, the top two contracts in Brooklyn went to a record-seeking townhouse in Williamsburg and a Cobble Hill townhouse sold by one half of a rap duo. The Williamsburg home, which has addresses at 101 South Second Street and 276 Berry Street, scored the top contract in Brooklyn with an asking […]
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Charles Cohen’s tough year continues. Cohen’s 750 Lexington Avenue is headed for foreclosure after its special servicer won a summary judgment last week. The owner had personally guaranteed the $130 million loan connected to the 31-story office building. The loss follows Cohen’s defeat in his down-and-out battle with Fortress Credit over a $187 million personal […]
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Tokyo had expected smooth tariff negotiations but is experiencing whiplash, becoming a central target of President Trump’s trade frustrations.
Many countries thought they were negotiating in good faith. The White House renewed its “reciprocal” tariff plan anyway, giving countries until Aug. 1 to make offers.