News NYC Offices Real Estate

Paul Weiss Law Firm Signs Huge Lease at 1345 Avenue of the Americas

NEW YORK —  The NY law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP, has signed a 20-year, 765,000 square-foot lease at 1345 Avenue of the Americas (photo above), marking the largest commercial office lease in the United States in 2023. Paul, Weiss represents many of the world’s largest public and private corporations, asset […]

Legal News NYC

Schulte Roth Law Firm Elects Six New Partners

NEW YORK — The law firm of Schulte Roth & Zabel announced that William Barbera, Sean Brownridge, Andrew Gladstein, Robert Griffin, Theodore Keyes and Donna Lazarus were elected to the firm’s partnership effective January 1, 2024. All are resident in the New York office. The firm has also promoted Mark Garibyan, Farzaan Ijaz, Kolby Loft, […]

News NYC Retail

Housing Works Cannabis Reports $24 Million in Sales

NEW YORK — Housing Works Cannabis Co (HWCC), the first licensed adult-use cannabis dispensary and delivery service in the state of New York, reported $24 million in sales in its first year of operations in 2023. The entrepreneurial business—one of 10-plus New York City-based enterprises on Housing Works’ roster—enters its second year of operation with a focus on furthering advocacy […]

Hospital News

Michelle Bloom Named Director of Oncology at NYU Langone

A renowned expert in cardio-oncology and heart failure, Michelle Bloom, MD, has joined NYU Langone Health as system director of the Cardio-Oncology Program, which provides specialized care to protect patients’ heart health throughout cancer treatment and survivorship. Dr. Bloom is a professor in the Department of Medicine and a member of the Division of Cardiology at NYU Grossman Long […]

Government News

NY Army National Guard Leads U.S. in Recruiting

Governor Kathy Hochul announced that the New York Army National Guard was first in the nation in recruiting and retaining soldiers for the federal Fiscal Year 2023. The New York National Guard achieved a score of 118.12 percent for the 12 months from October 1, 2022 to September 30, 2023, according to a year-end analysis […]

News Transportation

Thruway Tolls Increasing for First Time Since 2010

Toll rates on the NYS Thruway are going up in the New Year. The State Thruway Authority Board of Directors approved the new toll rates in September 2023 after a 10 month public process. Beginning January 1, the base NY E-ZPass rate will increase by five percent outside of the Gov. Mario M. Cuomo Bridge, representing […]

Construction News

Mayor Adams Kicks Off Construction at Willets Point in Queens

New York City Mayor Eric Adams was joined by elected officials and community leaders to break ground last week on 880 new affordable homes in Willets Point, Queens ― the first phase of the city’s largest 100 percent affordable housing development in 40 years. In partnership with the Queens Development Group (QDG), a joint venture […]

News NYC

Private Equity Firm Clayton, Dubilier & Rice Adds Three New Partners

NEW YORK — The private equity firm Clayton, Dubilier & Rice (“CD&R”) has announced the appointment of three new Partners – Sid Jhaver, Jon Selib and Bill Berutti. The firm invests in businesses that span a broad range of industries, including industrial, healthcare, consumer, technology and financial services end markets. CD&R is privately owned by […]

News

Troopers Rescue Elderly Couple From Burning Motor Home

CATSKILL, NY — NY State Troopers helped rescue an elderly couple Thursday whose motor home was engulfed in flames on the Thruway near Catskill. On December 28, 2023, shortly before 3:00 p.m., State Police were dispatched to a vehicle fire involving a motor home on the right shoulder of I-87 in the town of Catskill. […]

News Openings Upstate

Turning Stone Relaunches Casino Sportsbooks

Oneida Indian Nation Homelands – Turning Stone Enterprises has officially renamed three of its sports books to TS Sports this month following the end of its marketing partnership with Caesars. The new sports books made its debut at Turning Stone’s newest venue, NY Rec & Social Club, at its main casino in Verona, NY as […]

News NYC

Broadway League Releases Demographics of Theatregoers

The Broadway League has released its annual demographics report, The Demographics of the Broadway Audience 2022-2023, which provides a comprehensive analysis of the theatregoers who attended Broadway shows in New York City last season. The League resumed audience surveying with the 2022-2023 season, the first complete season since Broadway reopened following the COVID-19 pandemic shutdown. This […]

Government News

232 State Troopers Graduate From Academy

Acting NY State Police Superintendent Dominick Chiumento honored 232 new State Troopers as they graduated last week from the 213th session of the Basic School of the New York State Police Academy. The ceremony was held at the Empire State Plaza Convention Center in Albany. The graduation increases the State Police ranks to 4,781 sworn […]

News Sports

NBA Names President of New Business Ventures

NEW YORK – The National Basketball Association (NBA) has promoted Amy Brooks to become its first-ever President, New Business Ventures.  Brooks, who most recently served as the NBA’s President of Team Marketing & Business Operations (TMBO) and Chief Innovation Officer, will be charged with identifying new domestic and global revenue-generating business opportunities for the NBA in […]

News Real Estate

SL Green Sells 625 Madison Avenue for $632.5 Million

NEW YORK — SL Green announced that, together with its partners, it has entered into a contract to sell the fee ownership interest in 625 Madison Avenue for a gross sale price of $632.5 million, or $1,123 per square foot, to a global real estate investor. In connection with the sale, SL Green and its […]