Landlord using rental concessions to abuse 421-a benefits at Jamaica project, suit claims

CrainsNewYork.com (Banking) 1/24 7:48A Eddie Small

A landlord is abusing the state's polarizing 421-a affordable housing tax break at its recently completed residential project in Jamaica, a new lawsuit claims. Midtown-based developer Shorewood Real Estate Group has received millions of dollars...

89-unit mixed-use building planned for Jamaica

CrainsNewYork.com (Transportation) 1/24 12:03A Julianne Cuba

An almost-100 unit building is proposed for Downtown Jamaica, records show, just a few blocks from where hundreds of new apartments are slated to come online in the same Queens neighborhood. Records show that Ami Weinstock, whose affiliation with...

Flushing Hospital continues to increase psychiatric capacity with $8.5M project

CrainsNewYork.com (Technology) 1/22 11:33P Ethan Geringer-Sameth

Flushing Hospital Medical Center is adding to its array of psychiatric beds with the planned addition of an emergency unit for people in acute mental health crisis. The push complements a multi-year effort to restore longer-term beds that were...

Hochul announces cash infusion for safety-net hospital partnerships

CrainsNewYork.com (Banking) 1/20 11:33P Amanda D Ambrosio

Gov. Kathy Hochul has greenlit seven hospital partnerships across the state in an attempt to help struggling safety-nets turn around their finances. The initiative, first announced in last year’s state budget, is designed to incentivize...

Touro University continues to grow, snaps up a Harlem site for $42M

CrainsNewYork.com (Banking) 1/10 7:30A C. J. Hughes

The rapidly expanding Touro University has just gotten bigger. The private nonprofit institution, which held its first classes in 1971 in a donated ex-Ivy League club and now has a nearly $300 million real estate portfolio, has purchased 153 E....

Deals of the Day: Jan. 10

CrainsNewYork.com (Banking) 1/10 7:22A Julianne Cuba, C. J. Hughes, Edd

Leases Supermarket leases space at Mott Haven development Address: 425 Grand Concourse, Bronx Landlord: Trinity Financial and MBD Community Housing Corp. Tenant: CTown Lease size: 12,500 square feet Asset type: Retail Brokers: Igloo’s Adam Joly...

Flushing home care provider cut nurses’ health coverage amid contract negotiations, union alleges

CrainsNewYork.com (Energy & Utilities) 1/9 11:33P Ethan Geringer-Sameth

Home care nurses at a Flushing-based provider allege the company has illegally ended their health coverage amid an impasse in contract negotiations. Centerlight, a nonprofit that provides long-term care for people with chronic health needs, failed...

Op-ed: More transparency will help small businesses thrive

CrainsNewYork.com (Telecom) 1/8 6:03A Oswald Feliz, Justin Rodgers, Ra

New York City’s 220,000 small businesses are the heartbeat of our city, from vibrant bodegas in Brooklyn to entrepreneurs in Queens to family-run shops in the Bronx. These aren’t just places to grab a coffee or pick up groceries—they’re the...

At a Glance: Jan. 3

CrainsNewYork.com (Energy & Utilities) 1/2 11:33P Amanda D Ambrosio, Ethan Geringe

HOSPITAL LEADER DIES: Dr. Thomas Q. Morris, former president and CEO of New York-Presbyterian Hospital, died on Dec. 28 at 91 years old, according to his obituary. Morris led the health system from 1985 to 1990, helping to grow New...

Casino battle, mayor’s race will dominate New York politics in 2025

CrainsNewYork.com (Nonprofits) 12/24 2:03A Nick Garber

If 2024 was a turbulent year in New York politics, 2025 may well make it look tranquil by comparison. This year featured the indictment of a sitting mayor, high-stakes races for Congress, the passage of historic housing reforms , and the stunning...

Masked NYC sicko gropes teen girls, woman in 20-minute-long molestation spree: cops

NYPost.com (Metro) 12/21 5:14A Georgia Worrell

The unidentified perp snuck up behind and grabbed a 16-year-old girl’s buttocks near 115th Avenue and 170th Street in South Jamaica first, police said.

Developer behind Ridgewood apartment tower faces foreclosure at Bayside office project

CrainsNewYork.com (Banking) 12/19 7:31A C. J. Hughes

A Queens developer with ties to a controversial and stalled Ridgewood project appears to be in trouble at a different site as well. AB Capstone, a partner at The Ridgewood, a half-built 17-story apartment tower on the Bushwick border that has...

400 new apartments slated for Jamaica

CrainsNewYork.com (Banking) 12/13 7:02A Julianne Cuba

Hundreds of new apartments are slated to come online in Jamaica as part of a massive mixed-use project proposed for the Queens neighborhood, records show. Midtown-based developer BRP submitted plans to the city this week to construct 400 units of...

Mott Haven development site trades hands for $28.5M

CrainsNewYork.com (Telecom) 12/13 12:03A Eddie Small

Developer Peter Fine has parted with yet another one of his Bronx properties. The Atlantic Development Group leader has sold 350 Grand Concourse, a development site in Mott Haven, to Midtown-based Shorewood Real Estate Group for $28.5 million,...

Meet four more of the Notable Leaders in Health Care

CrainsNewYork.com (Nonprofits) 12/1 11:33P Crain s staff

The 53 honorees on our list of Notable Leaders in Health Care work tirelessly across the industry to ensure the wellbeing of New Yorkers and the city overall. Here are five leaders that serve the city's hospitals, insurance companies and social...