Firefighters were struggling to bring the blaze under control in a densely populated complex in the city’s northern Tai Po district hours after it started.
Kevin Hassett, a top White House economic adviser , is said to become the front-runner to lead the Federal Reserve, raising questions about its independence.
Readers have been sending me examples of bureaucratic city rules that waste time and money. Here’s one that has persisted for decades: HPD’s annual property registration. As the treasurer of a small condominium, I have been doing this annoying task for 30 years — and it still hasn’t been digitized. As multifamily owners and property managers know, the form is online and is populated with the information from the previous year, which is helpful. But here’s the problem: You have to print it, sign it and mail it in. What the heck? HPD’s technology is decades behind. In 1969, NASA […]
This article originally appeared on The Real Deal. Click here to read the full story.
There were 240 deals totaling $471 million recorded in New York City in the 24 hours before 4 p.m. on Tuesday, Nov. 25, 2025. 🏆 Residential: The top residential transaction recorded in New York was in Chelsea, where a triplex penthouse at 520 West 28th Street changed hands for $26.5 million. The seller was billionaire co-founder of Fortress Investment Group Wesley Edens, and the buyer was Chelsea 520 West LLC. Edens purchased the pad in 2020 for $20.2 million. The unit has more than 6,600 square feet of living space and another 2,500 square feet of outdoor space, including a […]
This article originally appeared on The Real Deal. Click here to read the full story.
Firefighters tried to douse the blaze at an apartment complex in the city’s northern Tai Po district, which killed at least four people.
Jared Bush is trying to make the heart of the media empire beat more consistently. “Zootopia 2” will be a test.
Companies said they managed tariff pressures in the latest quarter as consumers focused on discounts and high quality.
Rachel Reeves, the top economic official in an increasingly unpopular government, will appear in Parliament to present tax and spending plans.
A 46-person list includes billionaires and people he went on to appoint to positions of power.
Lenders poured billions into Manhattan office towers in October, originating almost $4 billion in CMBS debt. Five office towers landed the month’s largest financing deals, led by a pair of trophy towers owned by Brookfield Properties. Both loans — for 5 Manhattan West at Hudson Yards and 660 Fifth Avenue in Midtown — cleared the billion-dollar mark. Lenders leaned heavily on trophy assets with strong tenancy, recent renovations and deep-pocketed owners. Other deals ranged from CMBS loans backing Class A towers to an owner-originated loan that helped facilitate a major Midtown acquisition. Here are more details. Manhattan West windfall | […]
This article originally appeared on The Real Deal. Click here to read the full story.