News•Mar 10, 2026
Chef Daniel Boulud Sells Namesake Restaurant Space to SL Green for $18.5M
Celebrity chef Daniel Boulud has sold the ownership of his flagship Upper East Side restaurant, Daniel, to real‑estate firm SL Green for $18.5 million. The transaction was executed through Boulud’s Dinex Group affiliate, while the restaurant secured a 20‑year lease to remain in place. Located in the Mayfair building at 610 Park Avenue, Daniel has been Boulud’s flagship since 1993 and holds a Michelin star. The deal lets Boulud focus on operating his broader restaurant portfolio while SL Green deepens its hospitality real‑estate footprint.
By Crain’s New York Business
News•Mar 10, 2026
William Lauder Sells Park Avenue Co-Op in Robust Week for Luxury Deals
Luxury co‑ops on Manhattan’s Upper East Side saw a record‑breaking week, with 15 units priced above $4 million sold—the most in five years. Olshan Realty reported 43 contracts for properties over $4 million between March 2‑8, totaling $421.5 million, up from 32 deals the...
By Crain’s New York Business
Deals•Mar 10, 2026
SL Green Acquires Daniel Boulud's Upper East Side Restaurant Space for $18.5M
Chef Daniel Boulud sold the space of his flagship Upper East Side restaurant, Daniel, to commercial landlord SL Green for $18.5 million. The sale was executed through Boulud's entity 65th Street RE and SL Green's LLC, with the restaurant securing a...
Crain’s New York Business
News•Mar 9, 2026
Lawsuit Challenges New York's Review of Maimonides’ Merger with H+H
Patient navigation nonprofit and Orthodox Jewish groups sued New York State over the planned merger of Maimonides Medical Center with NYC Health + Hospitals. The suit claims the Department of Health illegally waived the Public Health and Health Planning Council...
By Crain’s New York Business
News•Mar 9, 2026
Union Pushes to Cut Insurers From Medicaid Home Care Payment System
The 1199SEIU Healthcare Workers East union is rallying for the Home Care Savings and Reinvestment Act, which would strip private insurers from New York's Medicaid home‑care payment system and replace them with a state‑run fee‑for‑service model. Proponents claim the change...
By Crain’s New York Business
News•Mar 9, 2026
Steven Roth Sells Former Queens Department Store to Northwell Health for $236M
Steven Roth sold the 340,000‑square‑foot former Alexander’s department store in Queens for $236 million, generating roughly $150 million in profit. The property, vacant since Burlington and Marshalls left, includes a 1,236‑space parking garage and sits near the Long Island Expressway. Northwell Health,...
By Crain’s New York Business
News•Mar 9, 2026
Steve Croman Hit with Four More Foreclosure Suits From the Lower East Side to Harlem
Steve Croman, a once‑convicted landlord, is facing four new foreclosure lawsuits filed by Dalan Real Estate over nine Manhattan rental buildings spanning Harlem to the Lower East Side. The suits allege Croman defaulted on $43.4 million in Axos Bank mortgages after...
By Crain’s New York Business
News•Mar 9, 2026
New Law Paves Way for Stand-Alone Dental Hygienist Practices in New York
New York’s legislation, signed by Governor Kathy Hochul, shifts the state’s oral‑health model. By mid‑2027, licensed dental hygienists can operate without direct dentist supervision under a collaborative agreement with one dentist. The law also adds foster‑care agencies to approved work...
By Crain’s New York Business
News•Mar 9, 2026
Please Don’t Tell Speakeasy Owners to Open Hidden Bar in Midtown Office Building
Please Don't Tell (PDT) and Apres Cru Hospitality are launching a new speakeasy called Highball in Marx Realty's 36‑story 10 Grand Central office tower, opening March 13. The 6,000‑sq‑ft bar occupies part of an 11,000‑sq‑ft amenity suite that already includes...
By Crain’s New York Business
News•Mar 9, 2026
Health Care Interests Take Shape Ahead of State Budget Negotiations
Health care stakeholders in New York are mobilizing as the state budget negotiations intensify, with the Associated Medical Schools of New York lobbying for an additional $100 million to bolster biomedical research and life‑science jobs. The state already receives over $3.5 billion...
By Crain’s New York Business
News•Mar 9, 2026
Late Manhattan Landlord’s Townhouse with Rare Indoor Pool Comes to Market
A historic red‑brick townhouse on West 74th Street is listed for $14.9 million, featuring a rare 41‑foot indoor swimming pool with skylight. The five‑story, 6,500‑sq‑ft residence includes five bedrooms, six full baths, two elevators, and a terrace‑enabled primary suite. Purchased by...
By Crain’s New York Business
Deals•Mar 9, 2026
Maimonides Medical Center Merger with NYC Health + Hospitals Faces Lawsuit
A patient navigation nonprofit and Orthodox Jewish congregations filed a lawsuit to block the planned merger of Maimonides Medical Center with New York City Health + Hospitals, a transaction backed by $2.2 billion in state grants and slated to close on...
Crain’s New York Business
News•Mar 6, 2026
Court Clears Way for 24-Story Garment District Tower After Pretzel Mogul Loses Breach-of-Contract Suit
Manhattan Supreme Court Judge Paul Goetz ruled in favor of Shahn Andersen, allowing him to proceed with the purchase of a 6‑story industrial building at 349 West 37th Street in the Garment District. The decision overturns seller George Makkos’ attempt...
By Crain’s New York Business
Deals•Feb 27, 2026
RXR Secures $420M Construction Loan From Apollo Global Management for FiDi Residential Conversion
Manhattan-based real‑estate private‑equity firm RXR obtained a $420 million construction loan from affiliates of Apollo Global Management to convert the 61 Broadway office building in the Financial District into a 796‑unit residential tower. Construction is slated to begin later this month with...
Crain’s New York Business
News•Feb 23, 2026
Northwell Temporarily Closes Beds, Cuts Jobs at Long Island Rehabilitation Facility
Northwell Health announced the temporary closure of a 30‑bed unit at its Orzac Center for Rehabilitation in Valley Stream, resulting in the layoff of more than 30 union workers, including licensed practical nurses, certified nursing assistants and physical therapists. The...
By Crain’s New York Business
News•Feb 19, 2026
Vanbarton Seeks to Alter Public Space at Whimsical FiDi Building Under Conversion Plan
Vanbarton Group filed plans to remodel the 5,100‑square‑foot plaza at 77 Water Street, a privately owned public space in Manhattan’s Financial District. The proposal calls for removing two long‑standing metal sculptures and roughly half the existing honey‑locust trees, while adding...
By Crain’s New York Business
News•Feb 13, 2026
Steven Fulop’s ‘Centrist’ Vision for the Partnership in the Age of Mamdani
Steven Fulop, former Jersey City mayor, became president and CEO of the Partnership for New York City in January, pledging to transform the group into the city’s premier centrist advocacy organization. The shift follows criticism that the Partnership failed to...
By Crain’s New York Business