Last-minute housing package falters as Hochul, lawmakers trade blame
Crain's New York Business News
by Nick Garber, Eddie Small
1h ago
A statement from state legislative leaders appears to shut the door on housing this session ..read more
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Return-to-office marks return to higher revenue for Rent the Runway
Crain's New York Business News
by Cara Eisenpress
1h ago
As office employees flock back to consistent in-person work, they are digging their blazers out from their closets and clicking “buy” or “subscribe” on new dresses, blouses and heels.   To look office-appropriate, women are renting workwear from Downtown Brooklyn-based Rent the Runway at levels not seen since early 2020, according to the company’s latest quarterly filing.   “Demand for workwear is continuing to increase,” Rent the Runway’s founder and CEO Jennifer Hyman said on the company’s earnings call on Wednesday. The percentage of overall demand for work clothes was “very simil ..read more
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State cannabis office granted 50 licenses, opened four dispensaries in the past month
Crain's New York Business News
by Ana Altchek
1h ago
There are now 12 legal pot shops open across the state, as the agency looks to kick the industry's rollout into a higher gear ..read more
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The power of gossip will rescue Manhattan’s office buildings, economist says
Crain's New York Business News
by Aaron Elstein
1h ago
The only reason to be in the office is to build and spend social capital, according to Jim Costello ..read more
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Hulking 5G towers get biz backing amid neighborhood opposition
Crain's New York Business News
by Nick Garber
1h ago
The 32-foot poles face hurdles as their rollout continues, but business groups want the city to hold firm ..read more
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Deals of the Day: June 8
Crain's New York Business News
by C. J. Hughes, Eddie Small
1h ago
A townhouse turned rental trades on the Upper East Side, and a retail building gets a mortgage in Midtown ..read more
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Women-only Webster Apartments plans a move to Downtown Brooklyn
Crain's New York Business News
by C. J. Hughes
1h ago
The group has bought a shuttered hotel for $41 million after selling its Manhattan site for $53 million ..read more
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State comptroller warns city about aggressive accounting, migrant costs in executive budget review
Crain's New York Business News
by Mario Marroquin
4h ago
Thomas DiNapoli's review echoes other recent feedback about the proposed budget ..read more
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Mount Sinai opens $140M behavioral health center on the Lower East Side
Crain's New York Business News
by Jacqueline Neber
4h ago
The facility will offer four different kinds of care, including inpatient services  ..read more
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Women-only Webster Apartments plans a move to Downtown Brooklyn
Crain's New York Business News
by C. J. Hughes
6h ago
The group has bought a shuttered hotel for $41 million after selling its Manhattan site for $53 million ..read more
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