News
Crain’s New York Business
- Republic First closed by regulators and bought by Fulton BankRepublic First Bank became the latest smaller lender to succumb to pressures of higher interest rates on Friday when it was closed by regulators — with most of its deposits and assets acquired by Fulton Bank.The Federal Deposit Insurance Corp. said in a statement that Republic First’s 32 locations in New Jersey, Pennsylvania and New […]
- Frank Carone is selling his Mill Basin mansion for $7MMayor Eric Adams' former chief of staff and onetime counsel to the Kings County Democratic Party Frank Carone is giving up his Brooklyn bona fides and settling down in Manhattan with his wife.Carone, a politically connected attorney who served as City Hall chief of staff until stepping down at the end of 2022 to launch […]
- Cohen Bros. president fires back against lender in explosive affidavitCharles Cohen has pushed back hard against the lender seeking millions from him in a blistering affidavit that accuses the firm of manufacturing a loan default to go after him and potentially causing more than $1 billion worth of damages to his properties.International investment firm Fortress Investment Group had agreed to lend entities tied to […]
- Congestion pricing finally has a start dateNew York’s first in the nation congestion pricing tolls will launch on June 30, two sources familiar with the schedule told Crain’s Friday.The long-anticipated launch date marks when most drivers will be charged a $15 daytime toll to enter Manhattan below 60th Street, which is expected to generate billions of dollars for the Metropolitan Transportation […]
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