With two City Council committee votes this week, civic groups and New York's most prominent architecture critic appear to have won their very public battle to ultimately boot Madison Square Garden from atop Penn Station, reports Matt Chaban.
Jun 27, 2013 Crain's New York Business
A looming $205 million budget shortfall due to sequester-related federal funding cuts have the New York City Housing Authority (NYCHA) preparing to make drastic cuts to staff and programs.
Jun 13, 2013 Crain's New York Business
Hurricane Sandy made New York's increasing vulnerability to extreme storms apparent, and the need elevate buildings in flood-prone areas imperative. This task is made particularly challenging due to the prevalence of multistory buildings.
May 28, 2013 Crain's New York Business
While a massive redevelopment project waits to proceed, an 80-acre oceanfront site in the Far Rockaway neighborhood of New York City will host a competition to advance concepts for resilient waterfront development, reports Matt Chaban.
Apr 18, 2013 Crain's New York Business
A courtesy phone call from the New York City Landmarks Preservation Commission to the owners of a luxury-car showroom designed by Frank Lloyd Wright was seemingly all it took to persuade them to demolish the historic interior.
Apr 13, 2013 Crain's New York Business
The "World's Most Famous Arena" has seen many title fights in its day. But a looming decision about the renewal of the venue's special permit, and the future of Penn Station, has New York's political and real estate heavyweights entering the ring.
Apr 9, 2013 Crain's New York Business
Using funds made available by savings captured through administrative reforms and other sources, New York's beleaguered Housing Authority has made considerable progress in tackling one of its most pressing problems - its backlog of maintenance jobs.
Mar 12, 2013 Crain's New York Business
In the aftermath of Hurricane Sandy, the news media were fixated on the plight of middle-class homeowners in places like the Rockaways in Queens. But two new reports show that low-income renters were the more prevalent victims of the storm.
Mar 8, 2013 Crain's New York Business
Just as the debate over the planned rezoning of the Midtown East neighborhood ossified into two strongly opposed camps, the city has provided more details on their recommendations and outlined an ambitious schedule for public review.
Mar 4, 2013 Crain's New York Business
After Hurricane Sandy, hundreds of architects and engineers offered their services to assist an overwhelmed NYC Department of Buildings in assessing storm-damaged properties. So why were they turned away?
Feb 26, 2013 Crain's New York Business