Murray Hill residents may soon get a fresher take on life. Fairway Markets, which has expanded rapidly in New York and the surrounding suburbs in the last two years, is negotiating a lease for the vast former Borders bookstore space in Kips Bay Plaza o... »
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... »
Prosecutors are wrapping up their case against a New York City crane owner charged with manslaughter in a 2008 collapse that killed two workers.Summations were given Friday in James Lomma's trial. Defense lawyers made their closing arguments Thursday.P... »
One of the city's top development officials is jumping ship to lead the effort to create Cornell University's new tech campus on Roosevelt Island.Cornell announced Thursday that it tapped Andrew Winters as its director of capital projects and planning ... »
Bids are due Thursday to purchase the Courtyard Marriott on First Avenue and East 92nd Street, and parties interested in the 226-room hotel will have to pony up at least $82 million. That's according to Cushman & Wakefield Inc.The real estate company's... »
Media executive James Murdoch, under pressure over his role in Britain's tabloid phone-hacking scandal, has stepped down as chairman of British Sky Broadcasting PLC, the company announced Tuesday.BSkyB said he would be replaced as chairman by Nicholas ... »
Bloomberg News - (Bloomberg) - New York ranks first as a global business center in a worldwide survey of cities, the fourth such recognition of its influence in the past five months. London, Paris, Tokyo and Hong Kong trail New York on the Global Citie... »
A collection of post-war and contemporary art is coming to a New York City auction. It includes a Mark Rothko painting with a pre-sale estimate of up to $45 million.The works were collected by the late David Pincus of Philadelphia and his wife, Gerry P... »
and Amanda Fung - Storage Deluxe is in contract to pay roughly $18 million for an industrial property, owned by Graybar on Queens Plaza North in Long Island City, according to sources. The Manhattan-based company which owns, develops and manages self-s... »
Associated Press - A New York City auction will feature a painting by art deco artist Tamara de Lempicka. It vanished from public view after it was painted in 1925.Reclining Nude I could sell at Sotheby's for between $3 million and $5 million on May 2.... »
The medical training of IBM Corp.'s speedy Watson computer will continue with a residency at a renowned Manhattan cancer hospital.IBM and Memorial Sloan-Kettering Cancer Center said Thursday that they will add the latest in oncology research—and the ho... »
(Bloomberg) - Coach Inc. faces an upstart with momentum and brand recognition. His name is Michael Kors. Since the designer's company went public three months ago, his ambitions have become clear. Michael Kors Holdings Ltd. aims to more than double its... »
Bloomberg News - (Bloomberg) - Lloyd Goldman, a partner with Larry Silverstein on the redevelopment of offices at the World Trade Center site, bought a Manhattan penthouse for $13.8 million, 7.7% less than its seller first sought. Mr. Goldman's purchas... »
New York City was named the top city in the world for global competitiveness Monday, edging out London and Singapore, according to a report by the Economist Intelligence Unit.Paris and Hong Kong tied for fourth and fifth, while Washington, Chicago and ... »
A prime development site is up for grabs in the Carnegie Hill section of Manhattan's Upper East Side. The asking price is $21.5 million, according to Denham Wolf, the exclusive brokerage marketing the site.The 15,137-square-foot lot that runs through t... »
