A co-op once owned by the late socialite Lee Radziwill hit the market asking just under $17 million.  The duplex at 969 Fifth Avenue last traded more than two decades ago, when Suzanne von Liebig, the wife of the late inventor and philanthropist William von Liebig, purchased it for $7.6 million, according to the listing broker, Adam Modlin of the Modlin Group. Von Liebig renovated the apartment, which spans the fifth and sixth floors of the building between East 77th and East 78th streets, before moving in in early 2004. Modlin said she has “maintained it at a high level,” […]

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Elon Musk’s rocket company relies on federal contracts, but years of losses have most likely let it avoid paying federal income taxes, according to internal company documents.

Put money into low-cost stock and bond funds, but don’t forget the rest of the recipe: Leave your investments alone.

Strong corporate earnings, mostly stable tariff rates and the expectation of interest rate cuts have eased worries of a market reckoning.

Officials blamed U.S. “protectionism” for the dismal July data, but growth was likely held back by real estate and new policies aimed at slowing factory investments.

Oregon Health & Science University said the couple’s donation would be the largest single gift to a higher-learning institution in the United States.

The nonprofit will receive less revenue from its members, which are under pressure to make up for shortfalls of their own.

A former N.Y.P.D. detective, he rejuvenated properties on the Brooklyn waterfront and restored a historic village in upstate New York.

Kingston’s role as the Hudson Valley’s rent-control test case may prove to be short-lived.  A new city vacancy study found rates in buildings covered by the Emergency Tenant Protection Act at 7.04 percent this spring, above the 5 percent limit required to declare a “housing emergency” and keep rent caps in place, the Times Union reported. The results come less than two months after New York’s highest court upheld Kingston’s ETPA program, a decision hailed by tenant advocates as a landmark win.  The Court of Appeals rejected a challenge from the Hudson Valley Property Owners Association, which argued the city’s […]

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Midtown South is officially getting a makeover.  City Council on Thursday unanimously approved the Midtown South Mixed-Use Plan, which rezones 42 blocks in the Midtown neighborhood for housing development. The rezoning is expected to net 9,535 housing units, with 2,842 set aside as affordable, making it the city’s largest residential rezoning in 20 years.  “New Yorkers are facing a city-wide housing crisis,” said Council Speaker Adrienne Adams. “We must confront it by advancing housing solutions and creating more homes with a focus on affordability.”  The rezoning creates two new high-density residential districts that require Mandatory Inclusionary Housing and also allow […]

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