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A sprawling industrial distribution building in Queens has sold for nearly three times what it traded for just one year ago.Adam Gordon, managing partner at the Chelsea-based development firm Wildflower Ltd., offloaded the 313,496-square-foot facility at 28-10 Whitestone Expressway for $92 million — $56.2 million more than what he bought it for — according to […]

EmblemHealth has agreed to pay the state $2.5 million and overhaul its mental health coverage after a state investigation found that the insurer maintained flawed provider networks and prevented New Yorkers from getting timely care.The settlement, announced Thursday by Attorney General Letitia James, is part of an ongoing state investigation into mental health "ghost" networks. […]

Pakistan agreed to work with the U.S. to revamp the Roosevelt Hotel in Manhattan, marking a step forward in its plans to repurpose a building once dubbed the "New Ellis Island" for its role in sheltering migrants.Pakistan's Ministry of Finance said Thursday it launched a "strategic economic initiative" with the U.S. General Services Administration to […]

Developer Vanbarton Group is seeking to do away with a pair of longtime fixtures at one of the city’s quirkiest office buildings as part of its planned residential conversion.The plaza at 77 Water St. in the Financial District would lose two prominent metal sculptures and about half its trees in the first major makeover of […]