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

CrainsNewYork.com (Wall Street) 10/2 10:20A 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...

Alleged straw donor to Adams sells Park Slope assemblage for $24M

CrainsNewYork.com (Nonprofits) 9/23 8:27A Julianne Cuba
A Brooklyn developer accused last year of being an alleged straw donor to Mayor Eric Adams' first election campaign has offloaded a Park Slope assemblage for $24 million, according to the brokers involved in the transaction. Tolib Mansurov, a...

Williamsburg site poised for new 69-unit multifamily building

CrainsNewYork.com (Nonprofits) 9/18 7:36A Eddie Small
A new residential building is on its way to Brooklyn's trendy Williamsburg neighborhood. Developer Joseph Banda's firm Ranco Capital recently filed plans with the Department of Buildings for a project at 643 Grand St. that would span about 72,000...

Former ‘SNL’ actor acquires Park Slope townhouse for about $4M

CrainsNewYork.com (Small Business News) 9/15 11:22A C. J. Hughes
An SNL alum known for the recurring character “Guy Who Just Bought a Boat” just bought a Park Slope pad. Comedian and actor Alex Moffat has snagged a brownstone on Carroll Street for $3.8 million, according to a deed that appeared in the city...

Brooklyn Catholic school seeks to expand as enrollment surges

CrainsNewYork.com (Nonprofits) 9/10 8:43A Julianne Cuba
A Catholic school in Brooklyn has become the latest educational institution in the city to look to expand its footprint in order to keep up with growing demand. Xaverian, a college preparatory school for grades six through 12, is seeking approval...

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

CrainsNewYork.com (Banking) 9/9 12:33A 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...

Prep schools build real estate empires in quest to grow enrollment

CrainsNewYork.com (Nonprofits) 8/7 12:33A C. J. Hughes, Julianne Cuba
The city’s most elite schools are branching out from reading, writing and arithmetic and into real estate. In a quest to attract more students, prestigious private schools in Manhattan and Brooklyn, including Spence, Browning and Berkeley...

New York’s property tax system is broken. Could Zohran Mamdani fix it?

CrainsNewYork.com (Politics) 8/4 12:48A Nick Garber
When Zohran Mamdani met last month with the city’s top businesspeople, he was pressed by Rob Speyer, CEO of real estate giant Tishman Speyer, to explain a glaring gap in his agenda: How would he ensure that his vow to freeze rents for New York’s...

NoMad-based startup fetches $55M as boutique vet model gains ground

CrainsNewYork.com (Politics) 8/1 12:33A Ethan Geringer-Sameth
A wave of boutique veterinary clinics is reshaping how pet care is delivered, and paid for in the city. One player is Small Door Veterinary, a NoMad-based startup that offers care through a membership model. The company raised $55 million in...
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