Memorial benches desecrated in NYC’s Prospect Park with ‘offensive hate speech’

NYPost.com (Metro) 1/18 5:15A Chris Harris, Jon Levine

Parks and wrecked. Vandals scrawled antisemitic graffiti on at least four public memorial benches this week in Prospect Park. The benches have been targeted off and on for two years. The commemorative benches run between $5,000 and $10,000. The...

Brooklyn real estate family sells mixed-use portfolio for $103M

CrainsNewYork.com (Banking) 1/13 5:29A Eddie Small

Brooklyn's Pintchik family has sold a 26-building portfolio of mixed-use properties in the borough for about $103 million, according to Michael Pintchik and an announcement from the brokers. The Pintchiks sold the buildings to brothers Michael...

Hochul steps up National Guard presence in subway as holiday tourists descend

CrainsNewYork.com (Economy) 12/18 9:50A Caroline Spivack

Hundreds more National Guard soldiers will deploy into the subway to put the influx of holiday travelers visiting the city at ease, said Gov. Kathy Hochul on Wednesday.  The state will spend $100 million to send an additional 250 soldiers into...

Citi Bike service will expand deeper into Brooklyn, Queens and Bronx

CrainsNewYork.com (Banking) 12/13 8:55A Caroline Spivack

Citi Bike’s signature blue two-wheelers will roll out into new parts of Brooklyn, Queens and the Bronx, and expand service in neighborhoods it currently serves, beginning next fall. The Adams administration announced plans Friday to expand Citi...

16 new Michelin-recommended restaurants that won't break the bank

CrainsNewYork.com (Banking) 12/10 9:09A Jack Grieve

The biggest news out of Monday night's Michelin awards came when Jungsik, a Korean restaurant in Tribeca, earned its third star. New York diners hoping to get a taste of chef Jungsik Yim's work can — surprisingly — still book a reservation this...

Park Slope mixed-use project lands almost $19M loan

CrainsNewYork.com (Telecom) 12/5 7:43A Julianne Cuba

An in-the-works mixed-use development in Park Slope, slated to rise 16 stories on Fourth Avenue, has landed an $18.5 million loan from Naftali Credit Partners, the firm announced this week. The Columbus Circle-based lender is a subsidiary of the...

New York is experiencing a bagel boom, again

CrainsNewYork.com (Banking) 11/27 6:07A Matthew Kronsberg, Bloomberg New

Early on a recent sunny Sunday morning in Manhattan, the line for PopUp Bagels extends down Thompson Street in New York’s Greenwich Village. It’s so long, it almost runs into the equally lengthy line for Leon’s Bagels. A few blocks away, the...

Related sells four-building Prospect Heights rental portfolio at nearly 50% loss

CrainsNewYork.com (Banking) 11/20 6:09A C. J. Hughes

The Related Cos. has unloaded more rental buildings at a steep loss, suggesting its plan to replace rent-regulated tenants with higher-paying market-rate renters has come up short. An investment arm of the megadeveloper, Related Fund Management,...

At a Glance: Nov. 19

CrainsNewYork.com (Labor Unions) 11/18 11:33P Amanda D Ambrosio

NEW OB-GYN CENTER: New York-Presbyterian’s Brooklyn Methodist Hospital in Park Slope has opened a new obstetrics and gynecology practice and imaging center, the hospital said Monday. The facility, which offers prenatal testing and imaging,...

Climate change fueling New York’s extreme fire season

CrainsNewYork.com (Nonprofits) 11/14 12:03A Caroline Spivack

A historic lack of rain. Dozens of brush fires, including one Wednesday in Inwood Hill Park. Rail disruptions fueled by a blaze near tracks. These conditions sound like they’re describing the western U.S., but they’re a result of a severe drought...

Manhattan, Brooklyn multifamily portfolio lands $110M refi

CrainsNewYork.com (Telecom) 11/5 6:04A Eddie Small

A pair of New York real estate companies have landed a $110 million refinancing package for a portfolio of 18 multifamily buildings in high-profile neighborhoods including Park Slope and the East Village. Davean Holdings and Meadow Partners...

At a Glance: Oct. 31

CrainsNewYork.com (Banking) 10/30 11:33P Ethan Geringer-Sameth

CT UNIT: New York-Presbyterian plans to convert an X-ray room into a CT unit for general and cardiac scans at Brooklyn Methodist Hospital, according to a filing with the state. The project, part of the hospital’s Center for Community Health, will...