Daily business news in the Great State of New York!
NEW YORK — JLL’s Capital Markets group announced it has secured the $395 million refinancing of 70 Pine Street, a 66-story, mixed-use property with luxury multi-housing rental, retail and hotel space located in a landmarked building in the Financial District of New York City. The building was formerly headquarters of AIG. JLL worked on behalf of the borrowers, […]
NEW YORK — Celebrity hair stylist Jerome Lordet, formerly Director of the Pierre Michel Salon, has gone out on his own to found the Jerome Lordet Salon. Jerome Lordet Salon will open their doors to the public on February 13 at the end of New York Fashion Week, at their new Upper East Side location next to uptown culinary staple Le Bilboquet. […]
Real estate website StreetEasy has named its top 10 neighborhoods to watch in NYC based on great increases in searches on the site among buyers and renters from 2022 to 2023. StreetEasy, a division of Zillow, predicts Queens will reign supreme in 2024 after a record-breaking year for the borough in 2023, as both renters […]
The Icahn School of Medicine at Mount Sinai has completed a major renovation and beautification project at its Resident Hall on the West Side of Manhattan. Located at 515 West 59th Street, Vista West, as it is now known, has undergone several improvements to provide a more attractive and enjoyable living environment for medical trainees. “We […]
NEW YORK – The Durst Organization announced renewals of three retail tenants at the iconic Historic Front Street in Lower Manhattan. SUteiShi, The Dermatology Specialists, and Il Brigante have each committed to another decade, fortifying their presence in this historically rich and vibrant community. The Durst Organization’s Historic Front Street is an award-winning restoration project […]
NEW YORK — Fine wine retailer Millesima USA has announced the opening of a new NYC luxury flagship store on the Upper East Side. The new store, located at 1257 2nd Avenue (at E. 66th Street), New York, NY 10065, was designed by the global creative agency Malherbe, an international leader in luxury design, to reflect the stories […]
NEW YORK–– New York Bone & Joint Specialists (NYBJS), full-service Orthopedic Surgery and Sports Medicine centers, has announced the opening of their latest storefront full service Orthopedic and Sports Medicine Center featuring Manhattan’s first Orthopedic Urgent Walk-In Clinic. The new location is located at 1198 Third Avenue in Manhattan’s Upper East Side. Their specialized team will cater to […]
Barnard College officially inaugurated its ninth president, Laura Ann Rosenbury, on Friday. The ceremony featured a wide variety of speakers and attendees, including faculty, alumnae, trustees, city and state officials, special guests, and Columbia President Minouche Shafik. “I offer my warmest congratulations to President Rosenbury on this momentous occasion,” said President Shafik, who joined Columbia […]
As Taylor Swift would say: “Are You Ready for It???” Apple CEO Tim Cook was in New York Friday for the official worldwide launch of the company’s newest tech device — Apple Vision Pro. [Photo above: Apple CEO Tim Cook at the company’s Fifth Avenue store with Senior VP of Retail Deirdre O’Brien.] Priced at […]
Global restaurant brand, Jollibee, best known for its Chickenjoy fried chicken, crispy and juicy chicken sandwiches, and Peach Mango Pie dessert, will open its first location in Brooklyn, NY, on Friday, February 2, 2024. The grand opening celebration will feature all the buzzy fanfare that is customary for a Jollibee opening – including great-tasting food and fun […]
LuxUrban Hotels Inc. has signed and funded a 15-year Master Lease Agreement (MLA), plus two, five-year options, to operate The James NoMad Hotel in New York City. LuxUrban expects that The James will be rebranded as The J Hotel by LuxUrban, a Wyndham Grand Hotel. The Company expects to take possession of the property and […]
NEW YORK — Rokt, an e-commerce technology company, announced an investment of $17.6 million to expand operations at its headquarters in New York City. To accommodate its growing workforce, Rokt will lease an additional 34,000 square feet of space at 175 Varick Street, bringing its total occupancy in the building to over 100,000 square feet. Rokt will renovate […]
NEW YORK — Empire State Realty Trust, Inc. has signed Greater New York Mutual Insurance Company (GNY Mutual) for a new full-floor, 52,116 square foot space at the world-famous Empire State Building (ESB). GNY Mutual has served policyholders since 1914 and earned an A+ (Superior) rating from A.M. Best for more than 30 consecutive years. [Photo […]
NEW YORK – New York City Mayor Eric Adams and Office of Labor Relations (OLR) Commissioner Renee Campion announced agreements with District Council 37 (DC 37) and Communications Workers of America (CWA) Local 1180, collectively representing over 1,000 911 operators and their supervisors. In two years, and less than a year after its first agreement […]
Macy’s, which operates the nation’s largest department store chain, is closing five stores around the country and eliminating 2,350 jobs according to CNBC. The five stores that will close this year are located in Arlington, VA; San Leandro, CA; Lihue, HI; Simi Valley, CA and Tallahassee, FL. Macy’s operates about 700 stores under the Macy’s, […]