News
Crain’s New York Business
- $1T in health care cuts pass Congress, head to TrumpLegislation that virtually every corner of the health care sector warns will wreak havoc on providers, insurance companies and patients cleared Congress Thursday.“The One Big Beautiful Bill” includes more than $1 trillion in cuts to health care programs over 10 years. Federal Medicaid funding will plummet $940 billion and spending for the health insurance exchanges […]
- Former Center for Fiction building to become 19-unit apartment complexA historic literary center in Midtown that traded hands for almost $8 million several months ago is slated to be partially converted into residential housing, records show.Simon Lichtenstein submitted plans to the city this week to tack an additional 6 stories onto 17 E. 47th St. — formerly the Center for Fiction — and turn […]
- Newark airport reports a 20% drop in travelersThe impact is coming into focus of an air traffic controller shortage and equipment malfunctions at Newark Liberty International Airport this spring: 20.9% fewer fliers traveled through the airport in May compared to the same time last year, new data from Port Authority of New York and New Jersey shows. Aviation officials expect the trend […]
- Key supporters urge Cuomo to exit race after primary defeatAndrew Cuomo is keeping the door open to continuing his mayoral campaign in the general election after his high-profile primary flop, even as multiple key allies publicly urge him to abandon his bid.Investor Bill Ackman, who gave $750,000 to the pro-Cuomo super PAC during the primary, posted on X late Wednesday that only Mayor Eric […]
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