The New York Road Runners began selling marathon paraphernalia—hats and t-shirts emblazoned with the words “You're In,” on Wednesday, the day of the lottery drawing to select entrants for this year's ING New York City Marathon. The rub was that thousan... »
The last of the three properties that the Jehovah's Witnesses retained Massey Knakal Realty Services to exclusively market has been sold for $6.6 million.The seven-story elevator apartment building at 183 Columbia Heights in Brooklyn was acquired by an... »
After months of negotiations, New York University has struck a deal with the city and the Metropolitan Transportation Authority to turn an underused, run-down office building in downtown Brooklyn into an applied sciences research institute.NYU will pay... »
The Brooklyn and Queens residential sales market held steady during the first three months, according to two market reports released Thursday.In the first quarter of this year, the average sales price in Brooklyn was $565,291, relatively unchanged from... »
The Huffington Post—and digital media—has won its first Pulitzer Prize. The award went to David Wood, in the category of national reporting, it was announced Monday by Columbia University, which administers the prizes.A longtime print journalist who di... »
Bloomberg News - (Bloomberg) - Ben Bernanke's Federal Reserve signaled this week it isn't ready to buy more bonds to stimulate the economy. Mortgage investors aren't convinced. Trading in the market for government-backed mortgage bonds is showing a 37%... »
Macy's Inc. said Thursday that its March revenue at stores open at least a year rose 7.3%, easily topping analysts' expectations.The department store chain, which runs Macy's and Bloomingdale's stores, also raised its forecast for the key revenue metri... »
Studios and one-bedroom apartments in Manhattan made a comeback during the first three months of this year, according to quarterly residential market reports released Tuesday morning as rising rents forced more people to look at buying a place.These st... »
and Amanda Fung - Trophy Manhattan residential properties priced at over $5 million sold at a healthy clip last year, according to a report released Friday.Sales of high-end cooperative apartments in terms of both sheer numbers and dollar volume led th... »
Signs that China's economy is weakening and Europe is slowing sent U.S. stocks lower.The price of crude oil dropped 2% Thursday to its lowest level in a week. That hurt oil stocks: Alpha Natural Resources, Consol Energy, and Noble Energy each fell 4%.T... »
and Amanda Fung - The latest of the eight Brooklyn Heights properties put up for sale by the Jehovah's Witnesses sold this week for roughly $3 million, 13% shy of its asking price. The buyer, Sugar Hill Capital Partners, had scooped up another Witness ... »
and Matthew Flamm - Buoyed by startups and an increased focus on technology at media and communications companies, New York was the No. 1 city for tech job postings in March, marking 13 months in a row in the frontrunner spot, according to Dice.com. Th... »
Erik Ipsen - Developers have reached out to two men to perform crucial second acts in their storied careers. In the first of those, Dubai Investment Group has tapped Mark Walsh to sell the venerable Essex House on Central Park South. »
The Dubai owner of Jumeirah Essex House, the art deco hotel perched prominently on the edge of New York's Central Park, said Monday it is putting the property up for sale.A subsidiary of the Dubai Holding investment company controlled by the emirate's ... »
There may not be as much hype surrounding the NYC Half-Marathon compared with the ING New York City Marathon, but the smaller event is starting to get its due this year.The race, which takes place on March 18, will get two hours of live television cove... »
