News
Crain’s New York Business
- Long Island City’s 14,700-unit rezoning approved by City CouncilThe plan to revamp 54 blocks of Long Island City by permitting up to 14,700 homes was approved by the City Council on Wednesday — marking the biggest single rezoning approved in decades and cementing a major achievement of Eric Adams’ one-term mayoralty.By a 45-0 vote, lawmakers signed off on the plan, which will boost […]
- Oversight gaps allowed $10M in Medicaid overbillingLoose regulations and imprecise review practices by the Department of Health allowed insurance companies to overbill Medicaid for years through a loophole in the state's claims processing system, according to an investigation by the state comptroller’s office.From December 2020 to March 2024, Medicaid overpaid providers $10.2 million across 69,000 claims for patients who were dually-enrolled […]
- Il Buco owner purchases NoHo building, two doors down from original restaurantThe famed restaurateur behind a string of Italian eateries has scooped up a NoHo building near her flagship location for a little under $6 million, records show.Donna Lennard, founder and owner of Il Buco Family, purchased a 5-story building jat 51 Bond St. for $5.8 million, according to a deed that appeared in the city […]
- JFK’s grandson joins race to replace NadlerJack Schlossberg, the 32-year-old grandson of former President John F. Kennedy, announced his bid for Congress, entering the race for a seat being vacated by veteran Manhattan lawmaker Jerry Nadler.Schlossberg will seek the Democratic nomination for New York’s 12th District, which encompasses the Upper West Side, Upper East Side and Midtown Manhattan. Nadler, 78, has […]
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