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Tishman Speyer takes over sprawling Queens affordable housing complex in $90M deal

Real estate giant Tishman Speyer is taking control of the vast majority of a sprawling affordable housing development in Queens. The family-run firm...

Peloton sued by investor over faulty post-Covid projections

Peloton Interactive Inc. falsely assured investors its dramatic Covid-inspired sales surge would continue after the end of the pandemic, a Florida pension fund...

Former Sony building nabs Chubb as anchor tenant

The insurance firm Chubb has signed as anchor tenant at Manhattan’s 550 Madison Ave., the former Sony Building. The company is leasing 240,000...

Letter to the Editor: City's retirement loan program works well

The recent op-ed ("Affordable housing initiative worked in the past and can work again today"), which claims that changes to the decades-old pricing...

Op-ed: Price transparency key to addressing out-of-control healthcare costs

Part of mayor-elect Eric Adams' mandate for improving New York City is addressing out-of-control health care costs plaguing residents. By strengthening hospital price...

New York City added more jobs in October than any month this year

New York City’s economy climbed out of a ditch in October, adding the highest number of jobs since September of last year. Employers...

Port Authority sets net-zero emissions goal by 2050

The Port Authority announced a plan today to achieve net-zero fossil-fuel emissions by 2050, on the heels of the 26th UN Climate Change...

Starbucks, Amazon team up for cashierless Midtown store

Starbucks and Amazon have teamed up for a super-automated shop in Midtown. Announced and opened Thursday, the Starbucks Pickup with Amazon Go location...

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