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
- The ugly contest to be New York’s CFO – Crain's New York
The ugly contest to be New York’s CFO Crain's New York - Knicks blowout prompts NYC bar to slash tabs by 37%: ‘We took one for the team’ – Crain's New York
Knicks blowout prompts NYC bar to slash tabs by 37%: ‘We took one for the team’ Crain's New York - Extell snags another Midtown property in $39M deal – Crain's New York
Extell snags another Midtown property in $39M deal Crain's New York
New York Business Journal
- Gateway South secures four tenants, moves forward after warehouse fire – The Business Journals
Gateway South secures four tenants, moves forward after warehouse fire The Business Journals - West Village mixed-use building sells for $7.3M – The Business Journals
West Village mixed-use building sells for $7.3M The Business Journals - Stout NYC takes over former Dos Caminos space in NoMad – The Business Journals
Stout NYC takes over former Dos Caminos space in NoMad The Business Journals
Bloomberg Markets
- Russian Black Sea Port of Tuapse Tackles Fire After Drone Strike
A fire broke out at Russia’s Black Sea port of Tuapse after another Ukrainian drone attack overnight, as authorities continue to clear up damage to coastline following multiple st… - BP’s Ousted Chair Manifold Disputes Firm's Accusations
Former BP Chairman Albert Manifold says he was fired without warning or explanation and will challenge the company’s version of events, deepening the turmoil around the UK oil maj… - France Sticks to Plans to Narrow Deficit as Iran War Weighs
French Finance Minister Roland Lescure reiterated the government’s goal to reduce the deficit to 5% of output this year and below 3% in 2029 even as the Iran conflict weighs on th…
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
- Mamdani admits Ken Griffin ghosted him after viral video — but doubles down on billionaires like Jeff Bezos paying ‘fair share’ of taxes
During a brief appearance on CNN Tuesday night, Mamdani reiterated his scathing response to the Amazon CEO’s complaint that doubling his taxes “won’t help that teacher in Qu… - BP rocked by another scandal as Chairman Albert Manifold ousted after less than a year over bullying accusations
Sources alleged Manifold's aggressive and unacceptable behavior towards colleagues. - Walmart issues nationwide recall for Blackstone parmesan ranch seasoning over fatal infection risk
The affected ingredient was supplied to a third-party manufacturer and later used in Blackstone’s Parmesan Ranch seasoning, according to the FDA.
Commercial Observer
- Capstone Equities Acquires 140 Crosby Street for $51M
Capstone Equities has taken ownership of a SoHo office building after moving to foreclose on it last year. Capstone-linked entity CE 140 Crosby Owner acquired 140 Crosby Street fo… - Tanger’s Justin Stein On Leveraging Data and Gnoshes to Grow a Retail Portfolio
Tanger is riding retail’s comeback and its own portfolio reset. The Greensboro, N.C.-based real estate investment trust owns and operates 41 open-air outlet and lifestyle centers … - Gary Barnett’s Extell Buys 165 East 56th Street for $39M
Gary Barnett is seemingly unstoppable in Midtown, as he’s acquired yet another property ripe for redevelopment. Barnett’s Extell Development purchased the eight-story office build…
The Real Deal New York
- NYC’s top construction permits: Week ending May 22, 2026
🏆 New Building: The largest new building application filed last week was a 105,697-square-foot residential project at 129 Osborn Street in Brownsville. Well Life Network filed the… - PolicyPro: Unpacking Mamdani’s housing plan
This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to get early access here. Good afternoon, let’s get into a special edition of Policy… - Danny Meyer heads to Hotel Bossert
Danny Meyer is crossing the Brooklyn Bridge. Meyer’s Union Square Hospitality Group will open its first full-service Brooklyn restaurant at the historic Hotel Bossert in Brooklyn …
City & State New York
- 5 things to know about Mamdani’s big housing plan – City & State New York
5 things to know about Mamdani’s big housing plan City & State New York - A mix of veterans and newcomers will represent the United States at the World Cup – NPR
A mix of veterans and newcomers will represent the United States at the World Cup NPR - Hochul got most of the climate rollbacks she wanted in this year’s budget – City & State New York
Hochul got most of the climate rollbacks she wanted in this year’s budget City & State New York