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Next generation of high-end sushi restaurants comes at a lower price

CrainsNewYork.com (Energy & Utilities) 5/23 12:33A Kat Odell, Bloomberg
New York City is a global capital for high-end sushi, home to some of the most sought-after omakase experiences outside of Japan. Those chef’s choice meals have also become extremely pricey—especially compared to similar experiences in Tokyo....

Real estate money pours into two Brooklyn council races

CrainsNewYork.com (Banking) 5/13 12:48A Nick Garber
Deep-pocketed donors are pouring money into two unusually competitive City Council primary races in Brooklyn, in hopes of unseating progressive incumbents in next-door districts. Real estate developers and financiers are funding outside PACs that...

Multifamily buildings aren’t the surefire investment they used to be

CrainsNewYork.com (International) 5/5 12:33A C. J. Hughes
As tenants and landlords clash in their annual battle over how much the city should raise regulated rents, one fact seems to be looming over the contentious proceedings this year: Multifamily buildings aren’t the surefire money-makers they used...

Prospect Lefferts Gardens multifamily building at risk of foreclosure

CrainsNewYork.com (Nonprofits) 4/23 8:19A Julianne Cuba
The owner of a mixed-use building in Brooklyn is facing foreclosure after allegedly failing to pay back his debt to the tune of almost $22 million, records show. Victor Tawil, principal of Bx Capital — a family-office lending service based in...

Park Slope early childhood center sells for almost $13M

CrainsNewYork.com (Nonprofits) 4/14 8:11A Julianne Cuba
A Lower East Side-based nonprofit organization with a focus on education has sold a longtime Park Slope early childhood center to an anonymous private buyer for almost $13 million, city records show. University Settlement, whose offerings include...

Deals of the Day: April 14

CrainsNewYork.com (Nonprofits) 4/14 7:44A Lilah Burke, Julianne Cuba, C. J
Leases Global Holdings lands largest lease to date Address: 99 Park Ave., Manhattan Landlord: Global Holdings Management Group Tenant: Amalgamated Bank Lease size: 94,000 square feet Lease length: 15 years Asset type: Mixed use Brokers: JLL’s...

Prospect Lefferts Gardens apartment building sells at 40% loss

CrainsNewYork.com (Banking) 3/25 12:33A C. J. Hughes
A Prospect Lefferts Gardens building at the heart of a fierce gentrification battle over an ice cream shop has changed hands at a big loss. The building, 616-624 Flatbush Ave., a mixed-use site whose storefronts include the popular Scoops, which...

Brooklyn multifamily building trades hands at $13M loss

CrainsNewYork.com (Nonprofits) 3/20 7:34A Eddie Small
A Brooklyn multifamily building on the border of Park Slope and Gowanus has traded hands for $68.5 million, about $13 million less than it sold for in 2018, city records show. Trinity Place Holdings has sold 237 11th St., at the corner of Fourth...

NYC half marathon road closures, new route info and more

NBCNewYork.com (Local) 3/14 7:26A Brian Price
Who’s ready to run 13.1 miles? Or maybe you’re more in the mood to watch? This Sunday, some 27,000 runners are expected to take to the streets of Brooklyn and Manhattan for the 2025 United Airlines NYC Half Marathon. The half marathon course...
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