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News John Lynch 2017-04-21T05:57:55+00:00

News

Crain’s New York Business

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  • New York halts up to $23.9B offshore wind power lines amid federal uncertainty
    The state has halted its plans to approve up to $23.9 billion in power line projects that would plug future offshore wind farms into New York City's electric grid.New York’s Public Service Commission on Thursday terminated its planning process for the infrastructure, and argued that the decision protects the state’s ratepayers from subsidizing billions of […]
  • Chetrits in hot water again over allegedly 'dangerous' conditions at Times Square building
    A high-profile family-run development firm is being taken to court — again — by the city for allowing "dangerous and unsafe conditions" to persist at one of its properties in Times Square, a new lawsuit claims.Brothers Joseph and Meyer Chetrit, who together run the Chetrit Group, face penalties of at least $1,000 a day per […]
  • Beloved Upper West bakery plans to relocate a few blocks away with a new business
    Silver Moon Bakery is back, sort of.The longtime cake-making hotspot and Upper West Side community hub, which closed in March at 2740 Broadway on the Upper West Side after a bitter rent fight with its landlord, has joined forces with a different bakeshop and will re-open next week about four blocks away.The new location, which […]
  • Zillow responds in simmering battle over how homes are sold
    Zillow Group has responded in the ongoing real estate legal battle over property listings, denying claims from rival Compass that it has engaged in anticompetitive tactics.Zillow filed court documents in Manhattan Thursday asking a judge to deny a request from New York-based Compass for a temporary order that would prevent the Seattle property giant from […]

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