Funding

NS1 Closes $125 Million Series D

NEW YORK — NS1, a leader in modern application and access networking, last month raised a $40 million Series D venture round led by Energy Impact Partners (EIP) with participation from existing investors, bringing the company’s total funding to $125 million. The investment will support the company’s continued innovation and development of modern foundational technologies that power […]

Funding

MeetElise Scores $6.5 Million Series A Funding

NEW YORK — MeetElise, a leading artificial intelligence-powered leasing agent software that now streamlines leasing processes for over 250,000 multifamily communities nationwide, has announced a $6.5 million Series A financing led by Navitas Capital. This investment brings the total amount of funding raised by the company to $8.5 million. MeetElise, founded by Minna Song (MIT) […]

Offices

Facebook to Lease Farley Post Office Building

NEW YORK — Vornado Realty Trust announced that Facebook has leased 730,000 square feet comprising all of the office space at The Farley Building across from Penn Station. Facebook Inc. operates popular social networks Facebook, Instagram and messaging service WhatsApp. The Farley Building is a cornerstone of Vornado’s new PENN DISTRICT, where Vornado owns 10 […]

Offices Real Estate

AIG to Move Headquarters to Midtown Manhattan

NEW YORK — The insurance company American International Group (AIG) announced plans to relocate its headquarters in New York City from 175 Water St. in lower Manhattan to 1271 Avenue of the Americas (photo above) in Midtown, where it will occupy 8 floors and 325,000 square feet. The Company will also consolidate its remaining New […]

Transportation

Amtrak Unveils Refurbished Waiting Area at Penn Station

NEW YORK — Amtrak and NJ TRANSIT said it has completed the first phase of a remodeling of the Ticketed Waiting Area for passengers at New York Penn Station. The space opened for customers Monday at the Amtrak Concourse on the Upper Level and 8th Avenue side of the Station. As part of the refresh, customers […]

Media News

NY Times Names New CEO

NEW YORK — The New York Times Company has promoted chief operating officer, Meredith Kopit Levien, to succeed Mark Thompson as president and chief executive officer, effective Sept. 8. Ms. Kopit Levien, 49, will join The Times Company’s Board and Mr. Thompson will step down as an officer and director of The Times Company. Kopit […]

Retail

Whole Foods Opens at Hudson Yards

NEW YORK — Whole Foods Market has opened its 14th location in New York City on the West Side of Manhattan in the Hudson Yards neighborhood. The 60,245 square-foot store is located at 450 W. 33rd St. Shoppers can enter the plaza at Manhattan West on Ninth Avenue between 31st and 33rd Streets, or enter the store […]

Funding

UiPath Scores $225 Million

NEW YORK — UiPath, a company focused on Robotic Process Automation (RPA) for corporations, announced it has closed a Series E investment round, raising $225 million and giving the company a valuation of $10.2 billion. The round was led by Alkeon. Others participating include Accel, Coatue, Dragoneer, IVP, Madrona Venture Group, Sequoia Capital, Tencent, Tiger Global, […]

Funding

Kindbody Raises $32 Million Funding

NEW YORK — Kindbody, a fast growing health and technology company providing fertility, gynecology, and family-building care, has raised $32 million in Series B funding, bringing its total amount raised to $64 million. Kindbody offers end-to-end services at 180+ locations from preconception through postpartum, serving as both a provider and network solution. Their offering covers fertility treatment, […]

Hospital

NYU Names New Chair of Surgery Department

NEW YORK — Robert Montgomery, MD, DPhil, a surgeon and director of the Transplant Institute at NYU Langone Health, has been appointed chair of the Department of Surgery at the hospital. He will assume his new post on September 1st. H. Leon Pachter, MD, the George Stewart Professor, who has had a distinguished tenure as chair of the Department since […]