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
- LIRR labor strike means longer commutes, messy alternatives – Crain's New York
LIRR labor strike means longer commutes, messy alternatives Crain's New York - Jamie Vinick – Crain's New York
Jamie Vinick Crain's New York - Judith Rodin – Crain's New York
Judith Rodin Crain's New York
New York Business Journal
- JPMorgan: $1 trillion in dry powder sits on sidelines in Northeast amid tariff volatility – The Business Journals
JPMorgan: $1 trillion in dry powder sits on sidelines in Northeast amid tariff volatility The Business Journals - Healey defends $80 World Cup train fare while New York drops shuttle price to $20 – The Business Journals
Healey defends $80 World Cup train fare while New York drops shuttle price to $20 The Business Journals - Pillsbury Winthrop Shaw Pittman launches Boston office on Post Office Square – The Business Journals
Pillsbury Winthrop Shaw Pittman launches Boston office on Post Office Square The Business Journals
Bloomberg Markets
- One Hedge Fund Holds the Keys to Ukraine’s Wartime Industries
VR Capital has built a powerful position in Ukrainian bonds, giving it enormous influence as companies key to the war effort try to restructure their debt. - NextEra Said to Discuss Paying About $76 Per Share for Dominion
NextEra Energy Inc. is discussing a mostly stock deal for Dominion Energy Inc. that would value the company at about $76 per share, or around $66 billion, making it by far the lar… - Stocks in Focus After Bonds Send Inflation Alarm
With no clear-cut end in sight to the Iran war, investors enter a new week under the spell of its key economic consequence: rising global interest rates, and the inflation threat …
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
- Desperate plea from Primm family as gambling resorts on California-Nevada scheduled to close
Primm Valley Resorts is permanently shutting down, but there's hope. - Madison Avenue is still shopping’s gold standard — even after whirlwhind changes
The gilded stretch between 59th and 86th streets has seen a dozen major openings since Jan. 1, in addition to Sotheby’s which moved into the Breuer Building last fall. - Mamdani is out of touch with impact of real estate taxes to city coffers, REBNY report shows
Real estate industry-generated tax revenue rose to a record $39.6 billion in fiscal 2025, accounting for nearly 50% of locally generated tax revenue and up from the previous year’…
Commercial Observer
- Sunday Summary: Let’s Get Straight to the Power 100, Shall We?
Last week was Commercial Observer’s biggest issue of the year: Power 100. This is where we take all the data, the trends, the transactions, the stories and the profiles of the las… - 20 Times Square Loan Returns to Special Servicing
A commercial mortgage-backed securities (CMBS) loan secured by a 99-year ground lease on Maefield Development’s 20 Times Square property has returned to special servicing, accordi… - Canero Flips Condo in Miami’s Coconut Grove to El-Ad for $46M
Jose Canero has flipped a terminated condo building in Miami’s Coconut Grove neighborhood for $45.5 million. Developer El-Ad National Properties acquired the Chateau Grove Condomi…
The Real Deal New York
- Why this West Village “townhouse” was a hard sell
The red brick townhouse at 197 West Houston Street seems to have it all: real oak floors, a working wood-burning fireplace and a hidden back garden surrounded by leaf-vined walls…. - A Brooklyn dealmaker’s legal avalanche
Brooklyn dealmaker Bert I. Dweck is staring down a legal avalanche that reads less like a routine business dispute and more like a slow-motion collapse. Dweck, of Dweck Group, fac… - No profit, no project: Reynoso tries to demystify development
A basic fact not well understood by the public and politicians is that developers must raise money for their projects — and cannot if the expected return doesn’t compensate for in…
City & State New York
- NY Dirt: Latest pied-à-terre update like “a night at improv” – The Real Deal
NY Dirt: Latest pied-à-terre update like “a night at improv” The Real Deal - New York City Proposed “Click to Cancel” Rule Marks First Municipal Effort to Regulate Automatic Subscription Renewals – Consumer Financial Services Law Monitor
New York City Proposed “Click to Cancel” Rule Marks First Municipal Effort to Regulate Automatic Subscription Renewals Consumer Financial Services Law Monitor - 12,000 New Yorkers could be homeless if voucher problem isn't solved – ABC7 New York
12,000 New Yorkers could be homeless if voucher problem isn't solved ABC7 New York