Construction & Design
State to acquire full block for Penn Station expansion
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Governor Andrew Cuomo this week unveiled a new plan to combine Penn Station with the soon-to-be-finished Moynihan Train Hall to create a train and subway
Deals & Dealmakers
State goes after Chang after 50 hotel workers are fired en masse
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Sam Chang and his McSam Hotel Group, which owns the Radisson Hotel New York Wall Street, is being investigated by the State Department of Labor following
Deals & Dealmakers
Governor serves up go-to-jail card for New Yorkʼs bad landlords
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Landlords accused of harassing tenants out of their homes could face jail time under new legislation just signed by Governor Andrew Cuomo.
Deals & Dealmakers
City enlists EDF Climate Corps to help owners meet energy goals
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Environmental Defense Fund (EDF) Climate Corps announced that it will place 33 EDF Climate Corps fellows throughout New York this summer to help public
Deals & Dealmakers
Johnson & Johnson to open 30,000 s/f life science incubator in SoHo
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Pharmaceutical firm Johnson & Johnson is opening a 30,000 s/f life sciences facility at Edward J. Minskoff Equities’ 101 Avenue of the Americas.
Deals & Dealmakers
City cracking down on 421a abuses as new program kicks in
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Two weeks after the 421a tax program was resuscitated when the Real Estate Board of New York (REBNY) and the Building & Construction Trades Council
Featured
Cuomo pushed rent-controlled tenants to take buyouts at West Village Houses
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It was December 5, 2003, and negotiations were stalled. Hoping to coax his rent-controlled tenants into buyouts, Andrew Farkas brought an independent housing
Construction & Design
Architects being sought for Hurricane Maria memorial
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A search is now underway for architects and artists who will design and execute a Hurricane Maria memorial honoring the victims and survivors of Hurricane
Construction & Design
Elevator licensing law under review following latest death
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A law that would require elevator inspectors to be licensed is expected to be signed by Governor Cuomo following the death last week of a man in Kips Bay.
Construction & Design
Cuomo pushes infrastructure, an end to homeless in 2018 state of the state
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In his eighth state of the state address, Gov. Andrew Cuomo extolled the importance of infrastructural investment to keeping New York economically competitive
Deals & Dealmakers
Cuomo, De Blasio unite on worries over expiration of 421-a
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Governor Andrew Cuomo and Mayor Bill de Blasio haven’t agreed on a lot of things recently. They’ve sparred on issues involving income inequality
Debt & Equity
AG sets his sight on 421-a tax scofflaws
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The state is going after nearly 200 New York City landlords who violated state law by accepting lucrative tax breaks then failing to provide the required