A Volkswagen dealer is ready to drive into a bigger 2026 and finalize a lease on a flagship location in Queens. Teddy Volkswagen signed a lease for 67,000 square feet at 37th Street and Northern Boulevard in Long Island City, the Commercial Observer reported. The site includes five lots: 36-45 37th Street, 47-61 37th Street, […]
Mayor Eric Adams’ efforts to stack the Rent Guidelines Board have hit a snag. Lliam Finn, a senior financial advisor at Merrill Lynch, has decided not to serve as a public representative on the board, less than two weeks after Adams appointed him, three sources with knowledge of the decision confirmed to The real deal […]
Thanks, but no thanks. That was the development team’s response to the Adams administration’s offer to build housing on another city-owned site if the developers dropped their lawsuit over their abandoned Elizabeth Street Garden project. The government last week demanded that Pennrose, Riseboro and Habitat for Humanity New York City and Westchester drop their legal […]
On his last day in office, Mayor Eric Adams handed a victory to multifamily landlords and brokers. Adams on Wednesday vetoed the Community Opportunity to Purchase Act (COPA), a measure derided by landlord groups as an unconstitutional intrusion on private deals. He also vetoed 18 other bills, including three that would create new rules for […]
Zohran Mamdani has added a commissioner from the Ministry of Buildings to his new government. The mayor-elect on Wednesday announced the appointment of Ahmed Tigani, Mayor Eric Adams’ acting commissioner of the Department of Housing Preservation and Development, to head the agency. The announcement comes hours before Mamdani is set to take over as New […]
China has taken a decisive step in overhauling its central bank digital currency strategy, transforming the digital yuan from an unyielding form of cash into an interest-bearing financial instrument. The move immediately sparked a wave of investor interest, with roughly $188 million flowing into digital yuan-linked stocks following the announcement. Digital Yuan gets an interest […]
At least two major free agents will be off the board in the coming days. Japanese stars Tatsuya Imai And Kazuma Okamoto are nearing the end of their respective 45 day posting period. Imai has until Friday 4:00 PM Central to sign; Okamoto’s contract should be finalized around the same time on Sunday. Reports from […]
The Reds agree with the reliever Junior Marte with a minor league contract with an invitation to Major League Spring Training, reports Francys Romero. The right-hander would commit to a base salary of $1.05 million when he breaks camp. Marte is back in affiliate football after spending the 2025 season in Japan. The Dominican Republic-born […]
Here are three things we’ll be paying attention to all day today in the baseball world: 1. Marte talks nearing their end? Diamondbacks star Kettle Marte has been one of the most talked about players on the trade market this season. However, General Mike Hazen made waves in that corner of the market yesterday when […]
The Athletics announced their seven-year, $86 million extension with left fielder Tyler Soderstrom from their future home location in Las Vegas. That franchise record deal followed last winter’s significant investments in DH Brent Rooker and outfielder Laurens Butler. Katie Woo and Will Sammon of The Athletic wrote this week that the A’s were interested in […]