News
Crain’s New York Business
- Adams' $112B budget takes sunny view but rebuffs council push for more moneyMayor Eric Adams announced a revised $111.6 billion budget plan on Wednesday that avoids new spending cuts and increases estimates of the city’s tax haul, reflecting his administration’s increasingly sunny view of New York’s finances. But the proposal rebuffs the City Council’s request to undo far more of the billions of dollars in cuts he […]
- Carlyle Group adds more Brooklyn storage sites to portfolioThe Carlyle Group's Brooklyn buying spree is still going strong.The Washington, D.C.-based private equity giant has purchased two more self-storage properties, at 145 18th St. in Greenwood Heights and 163 Sackman St. in Brownsville, for $45.6 million in total, property records show: $25.6 million for 145 18th St. and $20 million for 163 Sackman St. […]
- Deals of the Day: April 24LeasesIT company expands on Fifth AvenueAddress: 500 Fifth Ave., ManhattanLandlord: Moises CosioTenant: AheadLease size: 16,486 square feetAsking rent: $95 per square footAsset type: OfficeBrokers: CBRE's Michael Poch and Harly Stevens represented the tenant. Cushman & Wakefield's Harry Blair, Lauren Hale and Michelle Mean represented the landlord.SalesRiverdale motel turned migrant shelter unloaded for new grade schoolAddress: […]
- Business groups sue to block FTC's noncompete banBusiness groups led by the U.S. Chamber of Commerce sued the Federal Trade Commission Wednesday seeking to block a rule finalized this week that would outlaw noncompete provisions that prohibit workers from switching jobs within an industry.In a complaint filed in Texas federal court, the nation’s largest business lobby argued that the antitrust and consumer […]
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