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A West Chelsea office development that broke ground before the pandemic and sat unfinished for years amid a court battle has new owners.The Frame, an 8-story project at 541 W. 21st St., is now in the hands of real estate firms G4 Capital Partners and SME Capital Ventures, which bought the site through a bankruptcy […]

New York City is in much worse financial shape than was previously known, creating headaches for Mayor Zohran Mamdani, according to a new analysis by the city comptroller — who laid the blame squarely at the feet of former Mayor Eric Adams.Newly elected Comptroller Mark Levine projected Friday that the city will finish the current […]

A lengthy and contemptuous bankruptcy case that the city enmeshed itself in at the eleventh hour finally reached a conclusion Friday afternoon.After nearly nine hours of cross examinations the day before, David Jones, the federal bankruptcy judge overseeing the case for the Southern District of New York, signed off on a sale allowing Summit Properties […]

In 1970 the Chairmen of the Board scored a big hit with the soul classic “Give Me Just a Little More Time.” Today, the chief of Cohen Brothers Realty is singing the same sad song.Embattled developer Charles Cohen asked a court to give him a while to come up with the cash he needs to […]