Katherine Maher has taken an unyielding approach to NPR’s biggest battles — which has sometimes put her at odds with her colleagues in public media.

Chinese panels are now so affordable that businesses and families are snapping them up, slashing their bills and challenging utilities.

Marquee names all, they found international fame in the arts, politics, the sciences and beyond.

Avdoo is looking to capitalize on a rising corner of Lower Manhattan.  Shlomi Avdoo’s firm paid $63 million for a 12,500-square-foot lot on the corner of King and Varick streets in the Hudson Square neighborhood. Valley National Bank financed the purchase with a $40 million loan.  The site has over 125,000 square feet of development rights. Avdoo plans to pursue additional floor area through air-rights deals and a transit-related bonus tied to infrastructure improvements. The final shape of the project will depend on the additional development rights Avdoo secures, but the developer said he is targeting high-end residential spanning more […]

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Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business toward consulting and services.

In the final days of the Adams administration, officials are dangling an alternative development site in front of the team jettisoned from building housing at the Elizabeth Street Garden.  First Deputy Mayor Randy Mastro gave Pennrose, Riseboro and Habitat for Humanity New York City and Westchester an ultimatum last week: If they want to develop 22 Suffolk Street, they must drop their lawsuit against the city. The city-owned site is being offered in exchange for the development team abandoning its legal fight over the Elizabeth Street Garden. The city tapped the developers in 2017 to build 123 units of senior […]

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An auction of Pinnacle Group’s portfolio of thousands of bankrupt, largely rent-stabilized units is days away. But a stalking horse bidder has put a floor on what will be a fascinating look on how stabilized units are valued under the Mamdani administration. Summit Properties USA reached a deal to acquire Joel Wiener’s portfolio of bankrupt buildings for $451 million, Bloomberg reported. The deal, disclosed in a bankruptcy court filing, is subject to being boxed out by better offers at the Jan. 8 auction. The price point isn’t locked in for Summit, either. The firm’s purchase price could drop to $420 […]

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SoftBank said Monday it has agreed to acquire DigitalBridge in an all-cash transaction valued at about $4B.
The acquisition underscores SoftBank’s push into infrastructure that supports artificial intelligence, as investors increasingly back data centers and other long-duration assets.
DigitalBridge shares rose about 10% in early trading following the announcement, according to CNBC.
“DigitalBridge is a leader in digital infrastructure, and this acquisition will strengthen the foundation for next-generation AI data centers, advance our vision to become a leading ASI platform provider, and help unlock breakthroughs that move humanity forward,” SoftBank CEO and Chairman Masayoshi Son said in a statement. 
SoftBank is laser-focused on data center…

Jeff Sutton is going for the jugular in his fight against his lender on a struggling Herald Square property. The retail titan and head of Wharton Properties fired back against the German bank Helaba after the lender initiated a foreclosure on his property at 27-29 West 34th Street earlier this year. Sutton’s lawyers, Darren and Terrence Oved of Oved & Oved, are now seeking sanctions and attorney fees from the lender Landesbank Hessen-Thüringen, also known as Helaba, claiming the lender’s move to pursue Sutton was a “transparent, orchestrated attempt to tarnish” his reputation. Helaba initially provided a $50 million loan […]

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Copper prices are on track for their largest annual increase in more than a decade, intensifying cost pressures across construction and development just months after the Trump administration imposed a 50% tariff on finished copper products used in U.S. building projects.
Copper prices surged more than 30% in 2025, briefly topping $12,000 per metric ton in December — the biggest yearly rise since 2009, according to the Financial Times. 
Analysts at StoneX, Marex, Benchmark Mineral Intelligence and Macquarie said copper’s rally reflects a convergence of mine supply disruptions, tariff-driven trade distortions and rising fears of a structural deficit emerging later this decade…