JAM News

Monday, February 22, 2021

NYC Restaurants and Residents Clash Over Some Sprawling Outdoor Dining Setups

Tensions are rising as restaurateurs and residents argue if the pricey structures take up too much space on the sidewalk and streets

Monday, February 22, 2021

How Eric Adams Would Run New York

A series of interviews with the candidates who want the job of running America's biggest city, published as lightly edited transcripts.

Sunday, February 21, 2021

New York City businesses are barely hanging on

Nearly one year after the COVID-19 pandemic hit New York, parts of the Big Apple look more like ghost towns, lined with shuttered storefronts, empty office buildings and businesses teetering on the edge of closure.

Wednesday, February 17, 2021

A Conversation With the Mayor of New York

In an extended interview, Bill de Blasio looks back at the city's Covid year, assesses the moment and offers a job description for his successor.

Tuesday, February 16, 2021

Amazon heads to LIC for latest delivery station—not second headquarters

Amazon, which canceled plans to build part of its second headquarters in Long Island City, wants to put a delivery station in the neighborhood. The e-commerce giant has signed a lease for about 20,000 square feet at 38-50 21st St. in the Queens neighborhood, it announced Tuesday. It plans to open the delivery station there during the second half of the year.

Friday, February 12, 2021

De Blasio Pledges Last Gasp Property Tax Reform Effort

After getting "derailed" by the pandemic, Mayor Bill de Blasio is reviving one of his earliest and most delayed mayoral commitments: to reform an out-of-date and unequal property tax system.

Thursday, February 11, 2021

New York City’s World Trade Center Site to Get a Residential Tower

Silverstein Properties and Brookfield Asset Management will lead the development of 900-foot-tall residential tower

Wednesday, February 10, 2021

New York Stock Exchange Threatens to Leave NYC Over Transfer Tax

The president of the New York Stock Exchange (NYSE) claims that she may be forced to move trading operations to a more tax-friendly locale if the state legislature imposes a stock transfer tax, according to an op-ed published yesterday in The Wall Street Journal.

Wednesday, February 10, 2021

Democratic Mayoral Candidates Offer Albany Agendas, Strategies for Accomplishing Them

Eight of the top Democratic mayoral candidates appeared at a virtual forum on Monday to outline their legislative and budget priorities at the state level, and their strategies for achieving those goals. To varying degrees, they laid out tactics for partnering with, even opposing, Governor Andrew Cuomo and corralling the state Legislature to their side.

Tuesday, February 9, 2021

Plumbing Foundation to set out new rules, regs on gas safety

The Plumbing Foundation City of New York is set to host a virtual seminar aimed at educating building owners and managers on new gas safety and inspection requirements.

Saturday, February 6, 2021

How the Pandemic Left the $25 Billion Hudson Yards Eerily Deserted

The largest private development in U.S. history has attracted marquee companies, but is struggling with unsold luxury condos and a mall barren of shoppers.

Wednesday, January 27, 2021

How much mayoral candidates have received from real estate so far

The city’s real estate industry is not shying away from donating to candidates in the upcoming mayoral election, even as some have pledged not to take its money.

Friday, January 22, 2021

Times Square developer eyes casino to anchor Broadway project

The company behind a $2.5 billion project in Times Square is pitching a casino to anchor the development. L&L Holding is exploring building a casino at 1568 Broadway, where the company is working on a mixed-use project that includes retail space, a stage for live events and a hotel, according to a person familiar with the matter. The pitch is geared toward casino operators who might be interested in partnering on the project, the person said, asking not to be named because the matter is private.

Thursday, January 21, 2021

New York City plans to invest $38 million in 4 new biotech centers

New York plans to invest $38 million in biotech centers at four institutions around the city. The applied research and development facilities will be at Columbia University, Montefiore-Einstein, the New York Stem Cell Foundation, and Rockefeller University.

Friday, January 15, 2021

It's finally happening—New York is replacing the Port Authority Bus Terminal

One day soon, we'll no longer have to dread going to the Port Authority Bus Terminal. In his State of the State address on Thursday, Governor Andrew Cuomo announced that New York State will replace the creepy bus terminal with a new, state-of-the-art facility as part of a $51 billion plan to redevelop midtown west.

Tuesday, January 12, 2021

Madison Square Garden redevelopment could encourage commute to Midtown

Moving Madison Square Garden from atop Penn Station could be the key to bringing commuters back to the city even long after the pandemic subsides, the architect behind newly filed plans for the project says.

Monday, January 11, 2021

New York City’s High Line Park to Expand to Moynihan Train Hall

A $60 million extension would stretch east to Manhattan West complex adjacent to transport hub

Wednesday, January 6, 2021

Manhattan ends 2020 with stronger residential sales

While overall residential contract activity in the city continues to lag behind prior years’ levels, the battered industry ended the year off on the upswing, according to an analysis of brokerage reports.