Long Island City’s 14,700-unit rezoning approved by City Council

CrainsNewYork.com (Professional Services) 11/12 9:57A Nick Garber

The plan to revamp 54 blocks of Long Island City by permitting up to 14,700 homes was approved by the City Council on Wednesday — marking the biggest single rezoning approved in decades and cementing a major achievement of Eric Adams’ one-term...

City unveils rules to legalize thousands of illegal basement apartments after deadly floods

CrainsNewYork.com (Banking) 11/11 9:49A Julianne Cuba

Thousands of New Yorkers living in basement apartments without basic safety protections could soon see their homes legalized under long-awaited rules the city released this week — more than four years after 11 people died in illegal units that...

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

CrainsNewYork.com (Energy & Utilities) 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 (Politics) 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 (Banking) 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...

The neighborhood rezonings passed under Adams — and the one still left to go

CrainsNewYork.com (Advertising & Marketing) 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...

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

CrainsNewYork.com (Biotech) 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 (Nonprofits) 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 (Advertising & Marketing) 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 (Telecom) 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 (Banking) 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...

World’s longest 3,100-mile marathon is a hellish 50-day loop around a tiny NYC block: ‘eternity’s...

NYPost.com (Metro) 10/25 5:17A Shane Galvin

The Sri Chinmoy Self-Transcendence 3,100 mile race in Jamaica, Qns., ended on Oct. 20 with participants running around Thomas Edison High School from 6 a.m. to midnight every day for 52 days.

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

CrainsNewYork.com (Banking) 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 (Politics) 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...

31-year-old fatally stabbed during clash with stranger at NYC strip joint

NYPost.com (Metro) 10/21 8:52A Amanda Woods

Joshua Davis of Brooklyn was knifed in the torso during a fight with a fellow patron inside SWEETS of NY on Sutphin Boulevard near 94th Avenue in Jamaica around 1:50 a.m. Sunday, they said.