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 Solana, 37 – Crain's New York
Michael Solana, 37 Crain's New York - City adds more 3-K seats despite stagnant demand – Crain's New York
City adds more 3-K seats despite stagnant demand Crain's New York - U.S. Open stadium seeks $400M private debt for revamp plans – Crain's New York
U.S. Open stadium seeks $400M private debt for revamp plans Crain's New York
New York Business Journal
- Luxury home brokerage expands to New Hampshire – The Business Journals
Luxury home brokerage expands to New Hampshire The Business Journals - Investor snags Bari Equipment Building for $46M in latest Bowery acquisition – The Business Journals
Investor snags Bari Equipment Building for $46M in latest Bowery acquisition The Business Journals - NYC startup Radar reaches unicorn status with AI that tracks inventory in brick-and-mortar stores – The Business Journals
NYC startup Radar reaches unicorn status with AI that tracks inventory in brick-and-mortar stores The Business Journals
Bloomberg Markets
- Putin, Xi meet to reaffirm ties days after Trump's visit
Called a “dear friend” by the Russian president, Xi Jinping stepped up his appeal for a Mideast ceasefire, days after the Chinese leader hosted US President Donald Trump in Beijin… - Putin: Russia, China Back “Democratic World Order”
President Vladimir Putin praised booming Russia-China trade and energy ties in talks with President Xi Jinping, saying the two countries are working together toward a more "democr… - Japan Trade Minister to Attend APEC in China Amid Strained Ties
Japan’s Trade Minister Ryosei Akazawa will attend a gathering of trade chiefs hosted by China this week as Tokyo seeks to keep dialogue open with Beijing amid tense relations.
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
- JPMorgan exec Lorna Hajdini sues ex-banker Chirayu Rana for defamation over ‘sex slave’ allegations
Hajdini struck back at Rana, accusing him of orchestrated a months-long campaign of false accusations to smear her. - Panic in California as LinkedIn announces hundreds of layoffs
Hundreds of LinkedIn employees will be looking for work this summer, with over 600 workers set to be laid off in the months ahead. - Wall Street titans fail to stand up to Mamdani madness, don’t mention Ken Griffin — as NYC mayor’s ‘apology tour’ flops
Zohran Mamdani’s “apology tour” to quell the business community’s outrage over his bizarre social media posting targeting Ken Griffin didn’t include much apologizing, The Post has…
Commercial Observer
- 25 Kent Offers Companies A Cutting-Edge Office Experience Along The Williamsburg Waterfront
As creative and technology companies, especially those working with artificial intelligence (AI), have increasingly been taking larger blocks of space throughout New York City, ma… - Benchmark Buys Upper West Side Apartment Building From Heller for $42M
Benchmark Real Estate Group is taking a prewar apartment building on Manhattan’s Upper West Side off the Heller Organization’s hands. The New York-based Benchmark purchased the 90… - AI Marketing Platform Hightouch Takes 18K SF at 275 Seventh Avenue
Hightouch, a data and artificial intelligence agent platform for marketing, has relocated to 275 Seventh Avenue in Midtown South. The San Francisco-based firm’s new 18,000-square…
The Real Deal New York
- Housing Notes: When cash is king, Albany wants a cut
We are excited to announce that Jonathan Miller, who has long authored the most authoritative report on the residential real estate market, is partnering with The Real Deal. Below… - Brooklyn luxury contracts come back to earth with $80M week
Activity in Brooklyn’s luxury market came back down to earth last week. After notching two straight weeks with contract volumes over $150 million, the borough saw $80 million in … - How pied-à-terre, cash-buyer surcharges will change behavior
Real estate people are scrambling to gauge the effects of the pied-à-terre and cash-buyers taxes. One industry insider looked at my random example of 737 Park Avenue, a prestigiou…
City & State New York
- Will the NYC Council override Mamdani’s first veto? – City & State New York
Will the NYC Council override Mamdani’s first veto? City & State New York - Hochul said what??? Blakeman AI video may have violated election law – City & State New York
Hochul said what??? Blakeman AI video may have violated election law City & State New York - Hochul's School-Choice Choice – Vital City
Hochul's School-Choice Choice Vital City