Ostad family faces foreclosure at three Upper Manhattan rentals

CrainsNewYork.com (Sports) 11/12 11:33P C. J. Hughes

A lender has accused landlords and brothers Edward and Michael Ostad of defaulting on about $40 million in mortgages at three Upper Manhattan apartment buildings and is asking a judge to auction off the sites if the Ostads can’t pay their debts. ...

Brad Lander confirms he may challenge Goldman for Congress

CrainsNewYork.com (Sports) 11/6 9:14A Nick Garber

Outgoing City Comptroller Brad Lander is leaning toward running for Congress against incumbent Dan Goldman, Lander told Crain’s . The move would likely take him out of the running for a job in Mayor-elect Zohran Mamdani’s administration. “I’m...

Massive Gowanus project inks three new retail leases

CrainsNewYork.com (Sports) 11/2 11:33P Eddie Small

Continuing the dramatic transformation of the Brooklyn neighborhood, a trio of retailers are taking space at one of the many new projects that has come to Gowanus following its rezoning. Grocery store Union Market, Italian restaurant Corto and...

Vacant lot near Prospect Park eyed for 12-story mixed-use project

CrainsNewYork.com (Sports) 10/28 6:46A Julianne Cuba

A vacant lot in Windsor Terrace could be rezoned to accommodate the construction of a 12-story mixed-use project. Eric Palatnik, an attorney in Manhattan, submitted the rezoning bid on behalf of Israel "Bobby" Dweck in order to develop a...

Manhattan developer parts with two Park Slope lots as it plans new projects nearby

CrainsNewYork.com (Sports) 10/27 7:10A Julianne Cuba

In an apparent pivot from its recent spate of acquisitions and new projects, Manhattan-based real estate firm Avdoo & Partners Development has parted with a pair of Park Slope lots. Shlomi Avdoo, founder and CEO of his namesake company, signed...

Park Slope music school to open $16M facility for music therapy institute

CrainsNewYork.com (Sports) 10/19 11:33P Amanda D Ambrosio

The Brooklyn Conservatory of Music is doubling the capacity of its music therapy program for individuals with disabilities and mental illnesses with a new location in Park Slope. The conservatory, which opened in 1945, announced plans Friday to...

City eyes revenue-sharing pact with BID to oversee Union Square Park

CrainsNewYork.com (Sports) 10/2 9:20A Caroline Spivack

The Union Square Partnership will become the formal caretaker of Union Square Park under a revenue-sharing deal the city plans to negotiate with the business improvement district. The local business improvement district has helped maintain Union...

Park Slope biotech firm raises $17M after recent growth spurt

CrainsNewYork.com (Sports) 9/8 11:33P Ethan Geringer-Sameth

A Park Slope-based biotech startup that created a gel that stops bleeding is capitalizing on recent momentum with a mutli-million dollar infusion. Cresilon raised $17 million in a late stage venture capital round following growth in both the...

Op-ed: Flash-flooding is the new normal in NYC. Here's how we can live with it

CrainsNewYork.com (Sports) 9/3 5:03A Tyler Taba

It could be murky puddles at the 7th Avenue B/Q-train station in Park Slope or a geyser at the 28th Street 1-train station in Chelsea. Local businesses and restaurants incur $20,000 in damages in Bayside or expect to lose five business days per...