NEWS

March 18, 2019

As the deadline for a new state budget looms in Albany, one formerly stalled piece of legislation—the pied-à-terre tax, to be levied on second homes in NYC valued at $5 million or higher—is gaining steam, with support from both state and city legislators. 

But...

March 18, 2019

One of the Upper West Side’s forthcoming tallest towers may be stopped short after a court ruled this week against an earlier decision that signed off on the seemingly unconventional means by which the site’s developers amassed the zoning needed to construct a nearly 6...

March 18, 2019

New Yorkers took time off, families schlepped from outer boroughs, and tourists timed their trips to get a first look at the Hudson Yards megaproject that opened Friday. 

The second that its doors were flung open at noon, visitors swarmed the seven-story luxury mall and...

March 5, 2019

Race car-driving ex-banker Alan Wilzig, known for inspiring a minor character in the movie “The Wolf of Wall Street,” has sold his Tribeca townhouse to a wealthy Brazilian family for $12.65 million, well below its original asking price of $44 million in 2014.

Having pai...

March 5, 2019

Vending machines loaded with snacks and travel-sized toiletries may replace newsstands at subway stations across the city, according to the MTA. 

The cash-strapped MTA is looking to fill its subterranean retail spaces with vending machines in response to a decline in ri...

March 5, 2019

It’s no secret that New York City is the residence of choice for plenty of millionaires (and even billionaires), and the high-priced properties that they call home. But where, exactly, is the highest concentration of wealth—looked at by average adjusted gross income—in...

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