News

New York is creating a new state government position meant to oversee efforts to protect New Yorkers against global threats. The move comes nearly a year after President Donald Trump issued an executive order shifting certain federal security responsibilities to the states.Gov. Kathy Hochul announced Friday the creation of the director of security and intelligence […]

The widespread layoffs at the Washington Post announced this month have come to New York.The award-winning but unprofitable newspaper will eliminate 33 of 108 jobs at the company’s office in the Flatiron District, according to a state unemployment filing that appeared Wednesday.The required filing, a Worker Adjustment and Retraining Notification, or WARN, adds that the […]

Real estate private equity firm RXR has landed a $420 million construction loan for a residential conversion at a FiDi office building.Affiliates of Apollo Global Management provided the loan to the Manhattan-based firm to convert 61 Broadway into a 796-unit residential tower.Construction is expected to begin later this month, while the first homes are slated […]

Bally’s, which emerged victorious from last year’s cutthroat competition for a downstate casino license, has taken a major step toward developing its winning proposal.The gaming company has purchased nearly 20 acres of East River-adjacent public parkland in the Bronx where it intends to build its mixed-use gambling resort from the city for $156.6 million, according […]