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Races to watch: mayoral suspense, costly council contests

CrainsNewYork.com (Nonprofits) 6/23 10:57A Nick Garber
Tuesday’s Democratic primary could effectively anoint New York City’s next crop of leaders for the next four years. Besides the headline-dominating mayor’s race, the ballot features closely watched elections for comptroller, public advocate and a...

City parks could get more water fountains under Council bill

CrainsNewYork.com (Small Business News) 6/16 12:33A Caroline Spivack
New Yorkers may have an easier time finding public drinking fountains on steamy summer days thanks to a bill passed by the City Council last week that will require the Parks Department to add 50 new drinking fountains near park entrances by 2035....

City unveils $8.9M restoration of Grand Army Plaza arch

CrainsNewYork.com (Nonprofits) 6/5 10:41A Caroline Spivack
The city’s parks department on Thursday unveiled a $8.9 million restoration of the famed arch at Brooklyn’s Grand Army Plaza that’s been in the works for seven years — the first major rehabilitation of the Civil War monument in nearly 50 years....

4TH AVENUE SUNSET PARK

Forgotten New York 6/1 3:59A Kevin Walsh
Forgotten New York - BEEN quite awhile since I devoted a page to 4th Avenue in Brooklyn; many years ago, I walked it in Park Slope. That stretch of 4th has changed considerably in Forgotten New York -

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...
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