News
Crain’s New York Business
- SL Green sells 49% stake in Park Avenue tower to kick off $2.5B selloffSL Green has sold a minority stake in one of its Park Avenue properties to a Boston-based real estate private equity firm in a deal valuing the tower at $425 million, the companies announced Tuesday morning.SL Green, which bills itself as Manhattan's largest office landlord, sold the stake in 100 Park Ave. to Rockpoint. The […]
- Op-ed: A nuclear energy plant NY can bank onLate last year, the world’s first nuclear power station to be privately financed reached financial close with a £5 billion export credit-backed debt raise. This is far more than a milestone for a Sizewell C in the UK, it is a clear signal to global investors and policymakers that clean and affordable energy is not […]
- Former state senator sues to block NYCHA's Chelsea housing redevelopmentA former state lawmaker claims the New York City Housing Authority’s plan to have a private developer raze and rebuild a public housing complex in Chelsea is illegal.In a lawsuit, former state Sen. Thomas Duane argued that NYCHA’s proposal to lease the Fulton and Elliott-Chelsea Houses to Related Cos. for 99 years would violate a […]
- Two of New Jersey’s largest health care providers plan to mergeTwo of the largest health care providers in New Jersey plan to merge.RWJBarnabas Health announced Monday that it reached an agreement to merge with Englewood Health, absorbing its flagship hospital and 100 outpatient locations in northern New Jersey. The move will expand RWJBarnabas’ outpatient footprint by about 14% and push the health system deeper into […]
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