The seven office buildings Harry Macklowe bought last year for $7B are now for sale. Is Macklowe N.Y. real estate’s canary-in-a coal mine? Real estate insiders have been buzzing for weeks about how much Harry Macklowe will realize on the sale of the General Motors Building, hoping that the deal will give them insight into [...]
By the end of this month, City Council will decide whether to approve a rezoning of Harlem’s main commercial thoroughfare that many consider not just another contentious land use matter, but a judgment that could forever alter the historic home of the African diaspora. Because Harlem is widely regarded as the irreplaceable wellspring of black [...]
Nassau County Executive Thomas Suozzi denied Monday morning a published report that said he’s weighing another run for governor in 2010. “It’s not true,” Suozzi told Newsday. ” David Paterson is our governor and I support him. I have no such plans. I don’t know where they got this from.” Suozzi was referring to a [...]
Tempers flared Monday as state lawmakers remained unable to agree on a late state budget that will likely be the most tardy since at least 2004. Most Democrats in the minority of New York‘s Senate boycotted the session Monday because they said they were denied access to budget bills scheduled for votes. For a short [...]
Republican leaders are struggling to recruit candidates for Congressional races in the New York region, reflecting a problem for the party in other pockets of the country and giving Democrats an opportunity to build on the gains they made in the area in the last election. Heading into this election cycle, Republican leaders in Washington [...]
Mayor Bloomberg‘s congestion-pricing dream died Monday without even a vote, and the mayor unleashed his white-hot fury at the man he blamed the most, Assembly Speaker Sheldon Silver. Bloomberg – said by aides to be too angry to be out in front of the cameras after the defeat – issued a statement that all but [...]
More than two-thirds of the City Council will be gone at the end of 2009 due to term limits. With that kind of job security, it’s no wonder members plot their next career moves even before their last election. “We have seen Council members maneuver for their next elected opportunity at the expense of paying [...]
A City Council slush fund that held millions of dollars is drying up, thus curtailing the influence council speakers will be able to exert over their members. The end of the long-standing practice of stashing away money in the city budget by hiding it behind fictitious organizations is leaving Speaker Christine Quinn and her successors [...]
The special election to replace disgraced City Councilman Dennis Gallagher has yet to officially begin, but some prospective Republican candidates are already going negative. Six would-be contenders for Gallagher’s 30th Council District seat squared off for the first time Thursday, making stump speeches at a meeting of the Glendale Property Owners Association. Things immediately took [...]
As Mayor Michael R. Bloomberg’s plan to charge drivers a fee to enter Manhattan below 60th Street neared its Monday deadline, support for the proposal in the State Legislature remained tenuous at best. It was not even clear on Sunday whether the plan would come to a vote on the floor. And there was no [...]
