Manhattan

New York City is poised to become the first U.S. city to implement congestion pricing, with drivers facing new tolls to enter Manhattan’s central business district starting Sunday. The groundbreaking initiative aims to tackle urban congestion and fund public transit improvements. Under the...

MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor responded on Monday to critics who call the firm's Bitcoin (CRYPTO: BTC) acquisition strategy a Ponzi scheme, equating it to Manhattan's real estate industry. What happened: During a CNBC interview, Saylor was asked his views on the...

The NYC Register’s office was duped into filing sham deeds that falsely implicated Donald Trump‘s daughter Ivanka Trump and Hillary Clinton in a $150 million Manhattan real estate transaction. What Happened: The counterfeit documents were expunged after The New York Post flagged them,...

WeWork Inc. has lost its former New York City headquarters to coworking rival Industrious. What Happened: Industrious signed a 10-year deal to manage office space at Tower 49 in midtown Manhattan, previously occupied by WeWork, Bloomberg reported on Monday. Industrious will oversee approximately...

Former President Donald Trump paid a visit to a Harlem bodega on Tuesday, amidst his ongoing hush money trial. What Happened: Trump’s unexpected visit to the bodega was met with cheers from supporters chanting “four more years”. This came on the heels of a day in court where Trump...

Once regarded with the least stakes among all his legal battles, the hush money case against Donald Trump could soon be historic as it is the first criminal trial involving a former president before a jury. In April 2023, Manhattan District Attorney Alvin Bragg charged Trump with 34 felony counts...

As the remote work debate continues, some wonder whether the push to return to offices is making a tangible impact in metropolitan areas. Placer.ai explored office recovery trends in Manhattan — New York City’s financial epicenter — and it provided some answers. Office Visits On The Rise:...

Manhattan, widely recognized as a bustling city in New York with its lively neighborhoods, has long presented a challenging landscape for those in search of a new home. What Happened: Data data from a real estate agency realtor reveals that there are currently 7,897 homes available for sale in...

New York became the 15th state to legalize recreational cannabis in March 2021 when then-Gov. Andrew Cuomo signed recreational marijuana into law. A year later,  New Yorkers still can't walk into a shop and buy weed, and it seems that they will not be able to do so any time soon,...

Alibaba Group Holding Ltd (NYSE: BABA) co-founder and billionaire Joe Tsai is the mystery buyer who closed a $157 million deal in Manhattan’s most prestigious condo tower, CNBC reported Monday, citing sources. What Happened: Tsai has bought two full-floor condo apartments at 220...

A New York City business owner is offering to sell his two bars for 25 Bitcoins. What Happened: Patrick Hughes has put two bars in Manhattan’s Hell's Kitchen neighborhood for sale. The price of 25 Bitcoins comes to more than $1.4 million as of publication time, or 800 Ethers,...

Vornado Realty Trust (NYSE: VNO), a real estate investment trust that operates in New York, lost a bullish rating from Wall Street this week. Stifel's John Guinee downgrades Vornado's stock rating from Buy to Hold with a price target lowered from $86 to $77. Vornado continues to be an attractive...

GrubHub Inc (NYSE: GRUB) shares fell drastically when the company reported mixed first-quarter earnings last week. Analysts were expecting the company to declare EPS of $0.14 for the quarter, while the company reported an EPS of $0.12. Matt Maloney, GrubHub co-founder and CEO, was on CNBC...

Earlier this April, therealdeal.com published an article focused on the historical patterns for Manhattan residential real estate in order to put the recent uptick in prices into perspective. Source: therealdeal.com The basic premise of writer E.B. Solomont's article was that "[t]...

Two recent news stories about Facebook (NASDAQ: FB) continued to unfold Thursday as company shares slid up to 5.3 percent in premarket trading. Closing price Wednesday was $55.57 per share. The first story, reported by Reuters late Wednesday, was that CEO Mark Zuckerberg and a number of banks...