Kingsbridge commercial sites sell for first time in more than 50 years

CrainsNewYork.com (Hospitality and Tourism) 11/6 6:26A Eddie Small

Three properties in the Bronx's Kingsbridge neighborhood have sold for more than $17 million, marking the first time since the mid-1970s that the sites will have a new owner. Brooklyn-based developer Leonid Yevdayev has purchased 5760 Broadway,...

Outgoing FIT president sells Upper West Side co-op for about $3M

CrainsNewYork.com (Hospitality and Tourism) 11/4 11:33P C. J. Hughes

Dr. Joyce Brown, who will step down from the presidency of the Fashion Institute of Technology next month after a 27-year tenure, has already unloaded an Upper West Side property. Brown and her husband, onetime Democratic gubernatorial candidate...

New York-Presbyterian plans $24M cancer treatment center in Flushing

CrainsNewYork.com (Arts) 10/31 8:36A Amanda D Ambrosio

New York-Presbyterian filed plans Thursday to construct a new oncology infusion suite at its Queens hospital, becoming the latest health system to build out services for cancer patients. The Flushing hospital, which has 535 beds, is seeking...

Adams cements housing legacy with 4 neighborhood rezonings — and one more to go

CrainsNewYork.com (Hospitality and Tourism) 10/30 11:33P Eddie Small

Increasing the city's housing supply has been one of the driving goals of Mayor Eric Adams' administration, and with the City Council's Wednesday passage of the rezoning of Jamaica, Queens, to allow for more residential development and its likely...

Jamaica site with potential for over 1,800 homes hits market following rezoning

CrainsNewYork.com (Media & Entertainment) 10/30 6:59A Eddie Small

A massive development site in Jamaica that could house a project with almost 2,000 apartments has hit the market following the neighborhood's recent rezoning. Manhattan-based real estate investment firm Radix Capital and Queens-based developer DL...

Huge Long Island City rezoning poised for approval after $1.5B deal

CrainsNewYork.com (Hospitality and Tourism) 10/29 9:05A Nick Garber

A 54-block rezoning of Long Island City advanced in the City Council on Wednesday after lawmakers struck a deal with Mayor Eric Adams’ administration to lower some building heights and dole out millions of dollars in neighborhood improvements....

Real estate execs slam new affordable housing tax break at Crain’s, REBNY event

CrainsNewYork.com (Hospitality and Tourism) 10/29 7:58A Eddie Small

After the popular affordable housing tax break 421-a expired in 2022, the real estate industry spent nearly two years clamoring for a replacement. But they are not too happy with the one that finally came. "The program that we rely upon as...

Jamaica practice plans $92M revamp into full-scale ambulatory medical center

CrainsNewYork.com (Arts) 10/27 11:33P Ethan Geringer-Sameth

A Jamaica health clinic serving predominantly low-income patients has filed plans for a $92.6 million expansion that would expand its footprint and add an ambulatory surgery center to the neighborhood. The new Hillside Polymedic Diagnostic and...

City officials say revamped housing tax break is working, contradicting doubters

CrainsNewYork.com (Arts) 10/23 9:45A Nick Garber

The controversial 485-x tax break for housing construction is working well, city officials asserted Thursday — contradicting widespread criticism that the program has faced from developers and even other members of Mayor Eric Adams’...

$200+ million, 425-unit mixed-use affordable housing development heading to Jamaica

CrainsNewYork.com (Hospitality and Tourism) 10/22 11:35P Eddie Small

Jamaica is poised to get a rare new condominium project as part of a more than $200 million, 425-unit mixed-use affordable housing development, further transforming the bustling Queens neighborhood as it awaits a rezoning meant to turbocharge its...

Autism nonprofit inks major office lease in Jamaica

CrainsNewYork.com (Hospitality and Tourism) 10/19 11:33P Eddie Small

A storied New York nonprofit focused on supporting children and adults with autism is opening a new center in Jamaica . Quality Services for the Autism Community has inked a lease for roughly 42,000 square feet at 222-25 Jamaica Ave. in the...

Council takes fight against housing ballot questions straight to voters

CrainsNewYork.com (Hospitality and Tourism) 10/14 11:33P Nick Garber

City Council Speaker Adrienne Adams has taken lately to calling her branch of government “the most pro-housing council in a generation.” But in their crusade against the ballot questions that would strip them of some power over land use, council...

Jamaica to receive nearly $100M to expand health care in city’s rezoning plan

CrainsNewYork.com (Hospitality and Tourism) 10/13 11:33P Amanda D Ambrosio

The Jamaica neighborhood of Queens is slated to get nearly $100 million to expand health care infrastructure as part of a sweeping rezoning plan that advanced in the City Council last week. A key council committee approved the Jamaica...

Casino finalists face a blind bidding war over tax rates

CrainsNewYork.com (Arts) 10/13 8:21A Nick Garber

The four surviving bidders for a New York City-area casino face a crucial decision this week: deciding how much they're willing to pay in taxes without knowing what their rivals are offering, a blind bidding war that could push rates far above...

Government shutdown removes report on elder abuse at St. Albans VA facility

CrainsNewYork.com (Arts) 10/2 11:33P Ethan Geringer-Sameth

A now-removed report from the Veterans Affairs Office of the Inspector General documented the government’s failure to protect elderly patients from abuse at St. Albans VA Medical Center in Jamaica. The report, which was removed when the federal...