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...