News

In the tropical heat, inside conference rooms and hotel bars, the contenders for City Council speaker are wining and dining their colleagues — literally — in their quest to claim one of the city’s most powerful offices.The speaker race is in full gear at the Somos Puerto Rico conference, where three leading candidates — Julie […]

A big Manhattan landlord just gave an object lesson in the investment benefits of diversification.Fred Ohebshalom has raised $10.5 million in cash by refinancing six Manhattan apartment buildings where a third of the rents are regulated. That’s almost identical to $10.1 million he owes on a Midtown office building after the lender this week moved to […]

An investor who bet big on a celebrity-packed West Village tower during a major market dip has exited the building with what appears to be mixed results.Franck Ruimy has sold the last of his three units at the glassy condo at Charles Street and the West Side Highway for $8.4 million, according to a deed […]

Elise Stefanik announced that she’s running for governor of New York, pitting her against incumbent Kathy Hochul in a state that hasn’t elected a Republican candidate to that position since 2002.“I am running for governor to bring a new generation of leadership to Albany to make New York affordable and safe for families all across […]