Queens site where Chetrit Group once planned massive mixed-use project sells for $17M

CrainsNewYork.com (Banking) 3/6 8:03A Julianne Cuba

A Queens development site where members of the troubled Chetrit family had once planned a massive mixed-use project has now traded hands for $17 million, records show. Developers Peter Kulka and the Chetrit Group, through the entity Archer 147...

Bally’s scores the Bronx parkland needed for its new casino in $157M deal

CrainsNewYork.com (Politics) 2/27 8:50A C. J. Hughes

Bally’s, which emerged victorious from last year’s cutthroat competition for a downstate casino license, has taken a major step toward developing its winning proposal. The gaming company has purchased nearly 20 acres of East River-adjacent public...

Charter school network buys prime South Bronx site for more than $25M

CrainsNewYork.com (International) 2/26 8:32A Julian Nazar

A prominent New York charter school network has purchased a prime development site in Mott Haven for more than $25 million. Located at 261 Walton Ave., the parcel spans about 25,000 square feet and can accommodate a roughly 181,000-square-foot...

Developer flips Queens industrial building for $92M, nearly triple what he paid last year

CrainsNewYork.com (Transportation) 2/20 12:16A Julianne Cuba

A sprawling industrial distribution building in Queens has sold for nearly three times what it traded for just one year ago. Adam Gordon, managing partner at the Chelsea-based development firm Wildflower Ltd., offloaded the 313,496-square-foot...

Medicare call center operator laying off 44-member FiDi staff

CrainsNewYork.com (Wall Street) 2/10 8:29A C. J. Hughes

A federal contractor that operates state call centers for Medicare and Medicaid recipients appears to be calling it quits in the Financial District. Maximus will lay off all 44 workers in its offices at 30 Broad St. by March 31, according to a...

Gyro City and 5 other bars and restaurants to try this winter

CrainsNewYork.com (Politics) 2/6 12:33A Julianne Cuba

The team behind a new fast-casual Greek restaurant in Manhattan is not trying to reinvent the gyro — just perfect it. Whether you pronounce it the authentic Greek way — gh-ee-ro — or the American way — g-eye-ro — the owners of Gyro City, which...

Mother Cabrini awards $142M for food access, maternal care amid federal cuts

CrainsNewYork.com (Nonprofits) 1/28 12:33A Amanda D Ambrosio

The Mother Cabrini Health Foundation awarded 399 grants to programs around the state that aim to improve childhood nutrition, address maternal health inequities and reduce health care workforce shortages — areas that could be susceptible to...

Developer secures $303 million for 400-unit Jamaica apartment project

CrainsNewYork.com (Nonprofits) 1/28 12:33A Julianne Cuba

The developer slated to build hundreds of new apartments in Jamaica as part of a massive mixed-use project in the Queens neighborhood announced Tuesday that it has secured $303 million in financing to break ground. Midtown-based developer BRP...

Brooklyn church buys $20.6 million development site, bucking trend to sell

CrainsNewYork.com (Politics) 1/27 12:33A Julianne Cuba

A Brooklyn church has purchased a roughly 116,000-square-foot development site in Mill Basin for just over $20 million—a sharp departure from the citywide trend of houses of worship unloading their real estate. Salvation Church of God, which...

On Politics: Hochul might be NYC transit's best ally in a century

CrainsNewYork.com (Technology) 1/20 9:12A Ross Barkan

Kathy Hochul’s tenure as governor has not always been smooth. Her approval ratings, at times, have been middling, and she barely survived a re-election challenge from a Trump Republican. Yet it’s becoming clear, more than four years after she...

Editorial: Hochul’s agenda now meets Albany’s math

CrainsNewYork.com (Nonprofits) 1/16 12:33A https://www.crainsnewyork.com/ed

New York’s CEOs and business leaders have many reasons to watch Albany closely. Gov. Kathy Hochul’s sweeping State of the State address outlined major commitments — from child care to housing to infrastructure — that could reshape the state’s...

Hochul’s 2026 agenda: Speed housing approvals, curb ICE, make data centers pay

CrainsNewYork.com (Transportation) 1/13 8:27A Nick Garber

Gov. Kathy Hochul will propose loosening a landmark environmental law in order to build more housing, expanding mental-health teams on the city’s subway system and barring federal immigration raids at “sensitive locations” in her State of the...

Hochul advances subway extension along 125th Street; Jamaica Station revamp

CrainsNewYork.com (International) 1/13 12:03A Nick Garber

Gov. Kathy Hochul will announce Tuesday that she is advancing two major transit projects in the city: a westward extension of the future Second Avenue Subway along 125th Street, and a revamp of Jamaica Station in Queens, to improve connections...

Dan Garodnick to leave city government after big City Planning tenure

CrainsNewYork.com (Economy) 1/8 7:12A Nick Garber

Dan Garodnick is leaving city government under Mayor Zohran Mamdani, he said Thursday, concluding a significant four-year run leading the Department of City Planning in which he spearheaded the City of Yes housing plan and five major neighborhood...

Economic development chief Andrew Kimball to leave before Mamdani takes office

CrainsNewYork.com (Advertising & Marketing) 12/19 8:33A Nick Garber

Andrew Kimball, who led major infrastructure and transportation projects in four years under Mayor Eric Adams, plans to leave his economic development role before Mayor-elect Zohran Mamdani takes office, Kimball announced Friday. Kimball,...