Daily digest from New York business publications and financial media. Manhattan Business Club publishes short summaries with links to the original sources.
Crain’s New York Business
- Michael Kim – Crain's New York
Michael Kim Crain's New York - Trump hits Democrats on crime, taxes to boost Lawler – Crain's New York
Trump hits Democrats on crime, taxes to boost Lawler Crain's New York - City investigates possible Legionnaires’ exposure in East Village building – Crain's New York
City investigates possible Legionnaires’ exposure in East Village building Crain's New York
New York Business Journal
- Greenpoint's Polonaise Terrace to make way for housing – The Business Journals
Greenpoint's Polonaise Terrace to make way for housing The Business Journals - Hotel Association pins softer-than-expected World Cup bookings on Trump policies – The Business Journals
Hotel Association pins softer-than-expected World Cup bookings on Trump policies The Business Journals - Vanderbilt's Candice Storey Lee named Athletic Director of the Year – The Business Journals
Vanderbilt's Candice Storey Lee named Athletic Director of the Year The Business Journals
Bloomberg Markets
- ECB Faces Pressure to Hike as Iran War Feeds Prices, Kocher Says
The European Central Bank is heading for an interest-rate increase next month unless a sustainable peace deal between the US and Iran can be found, according to Governing Council … - China Coal Mine Blast Tests Limits of Xi’s Energy Security Push
China’s world-beating coal production has helped shield its economy from the worst of the Iran war shock. Now the deadliest mining disaster in years is raising uncomfortable quest… - LNG Tanker Exits Hormuz for India for First Time Since War Began
A liquefied natural gas tanker carrying a shipment for India has exited the Strait of Hormuz, the first for the country from the Persian Gulf since the Iran war began months ago a…
MarketWatch MarketPulse
- Jobless claims fall to lowest level since mid-May
- Jobless claims stay low in latest week
- Consumer credit growth soars in December
New York Post Business
- ‘No nonsense’ Wall Street titans playing nice with Mamdani are part of the problem
Jamie Dimon and David Solomon — maybe the two most powerful bankers in New York — are invariably described as “tough,” “no nonsense” and “hard-charging.” - Gas prices near historic highs as Memorial Day travelers prepare to hit the road
Escalating tensions in Iran continue to disrupt oil supplies as Americans prepare for the holiday weekend - How leaks, demands and a phone call derailed Estée Lauder’s deal to create a $40B luxe giant
The merged company would have put together brands such as Tom Ford, Clinique and MAC with Carolina Herrera and Charlotte Tilbury, popular with TikTok influencers and affluent mill…
Commercial Observer
- ICSC 2026: Inflation, Trampoline Parks and the Fate of Luxury
Another year is in the books. Tens of thousands of brokers and investors piled into the Las Vegas Convention Center earlier this week to talk retail at ICSC and Commercial Observe… - Dutch Investor Pays $110M For New Rental in Aventura, Fla.
Dutch investor Breevest has paid $110 million for a new multifamily asset near the Aventura Mall in Florida’s Miami-Dade County, property records show. Called Avida Aventura, the … - Peachtree Group Provides $32M Construction Loan for Alabama Hotel
Spandrel Development Partners has sealed $32.36 million of construction financing to develop a Marriott-branded hotel in Huntsville, Ala., Commercial Observer has learned. Peachtr…
The Real Deal New York
- Kathie Lee Gifford’s headline listing and Greenwich’s lux surge
Greenwich, Connecticut’s luxury market has been on fire over the past year, and Kathie Lee Gifford is looking to cash in on the action. The former “Today” show host this week list… - Hotel union deal puts NYC owners on notice
This week, New York’s hotel industry agreed to one of the richest labor deals in the city’s hospitality history. Owners are already bracing for the bill. The Hotel and Gaming Trad… - The Daily Dirt: Hochul’s budget delays keep NYC real estate in flux
Gov. Kathy Hochul’s chaotic rollout of the state budget is keeping real estate on its toes. Nearly two months after the deadline, New York lawmakers still haven’t approved a full…
City & State New York
- Mayor Mamdani Mobilizes City Government to Prepare New Yorkers for Rainy Holiday Weekend – NYC.gov
Mayor Mamdani Mobilizes City Government to Prepare New Yorkers for Rainy Holiday Weekend NYC.gov - Here’s what’s in the FY 27 New York state budget – City & State New York
Here’s what’s in the FY 27 New York state budget City & State New York - New York City Residents Will Get a Chance to Purchase $50 World Cup Tickets – WKTV
New York City Residents Will Get a Chance to Purchase $50 World Cup Tickets WKTV