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Fate of Moynihan air rights unclear as $1.6B project moves forward
June 19, 2017 02:00PM
Potential additional funding is available for the $1.6 billion train hall planned for the James A. Farley building, but the fate of the financing’s...
NYC to get a slice of $68M that Congress set aside for Trump Tower security
May 01, 2017 10:05AM
Congress reached a deal to set aside $68 million that will likely be split between New York City and Florida to cover security costs...
Schumer urges Trump to put NYC security costs in Fed budget
February 20, 2017 08:00AM
New York senior Senator Chuck Schumer wants President Donald Trump to include in his Federal budget as much as $183 million per year to...
NYC gets exemption from anti-segregation rules
November 15, 2016 11:35AM
New York lawmakers successfully lobbied to exempt the city from a new federal program to combat housing segregation. On Tuesday, President Obama announced a...
VIDEO: Chuck Schumer is on board with plans for a new stop on the No. 7 line
May 03, 2016 05:30PM
Looking to capitalize on $30 billion in expected revenue from the Hudson Yards subway extension, Sen. Charles Schumer on Monday called for the revival...
Schumer revives call for another station on No. 7 subway line
May 02, 2016 05:00PM
With an expected $30 billion in revenue from the recently expanded No. 7 train, Sen. Charles Schumer wants to revive plans for a new...
EB-5 champions in Congress show strong financial ties to real estate industry
December 21, 2015 09:00AM
What do Chuck Schumer, Jeff Flake, John Cornyn and Pete Sessions have in common? This isn’t the beginning of a bad Capitol Hill joke. The...
Senate votes to extend terrorism insurance program
January 08, 2015 03:47PM
Eight days after the federal Terrorism Risk Insurance Act expired, the Senate voted 93-4 to revive it. The House of Representatives, in a 416-5...
House to vote on terrorism insurance act this week
January 06, 2015 08:30AM
The House is planning on reauthorizing the federal Terrorism Risk Insurance Act after it expired on December 31. Lawmakers failed to reach a deal...
Senate fails to extend Terrorism Risk Insurance Act
December 17, 2014 09:16AM
The Terrorism Risk Insurance Act is currently set to expire on December 31, after the Senate was unable to pass an extension Tuesday night. The...
Coney Island Houses to receive $108M in Sandy aid
September 05, 2014 02:50PM
A $108 million grant from the Federal Emergency Management Agency will be granted to the Coney Island Houses to make repairs in the wake...
Senate votes to reauthorize terrorism insurance program
July 17, 2014 05:20PM
The U.S. Senate voted 93 to 4 on Thursday to reauthorize a program that provides a federal backstop for insurance costs in the event of a terror...
More Fannie Mae direct equity stakes revealed in city
May 06, 2014 01:01PM
During the real estate boom of the last decade, the government-supported mortgage giant Fannie Mae took direct equity stakes in at least three majority...
Schumer proposes seven-point plan for Port Authority
April 28, 2014 06:20PM
New York Senator Charles Schumer proposed a series of reforms aimed at returning the Port Authority of New York and New Jersey to its...
Schumer calls for more tech-friendly Brooklyn office towers
April 24, 2014 04:15PM
In a panel discussion at Brooklyn Tech Triangle U Wednesday, New York Senator Charles Schumer called for a “nerd bus” and nerd ferry” to...
Senator Schumer pushes Citi Bike subsidy
April 05, 2014 02:00PM
Senator Charles Schumer likes Citi Bike, despite its mounting financial woes, and he is putting the city’s money where his mouth is.
Schumer peddles fix for struggling Citi Bike
April 04, 2014 07:30AM
New York Senator Charles Schumer introduced legislation Thursday that could drum up much-needed revenue for a struggling Citi Bike.
ILSA amendment bill makes way to US Senate
March 18, 2014 03:40PM
A bill that exempts condos from filing and registration requirements mandated by the controversial Interstate Land Sales Full Disclosure Act (ILSA) has made its...
3 WTC snags $340M in financing from state program
January 13, 2014 02:45PM
Silverstein Properties landed a $340 million round of financing today, topping a recent $1.3 billion influx after the developer signed advertising giant and anchor...
$6.3B in federal aid coming for Sandy: Schumer
October 28, 2013 11:58AM
About $6.3 billion in Hurricane Sandy-related federal aid will be directed to New York State in 2014, Senator Charles Schumer said Sunday, with $1.4...
Home Depot buys Bronx retail location from Madison International Realty for $40M
Keller Williams Midtown CEO forced out: sources
Sitex continues buying spree with $36M industrial buy in Queens
Rabsky sells Williamsburg apartment building to UDR for $130M
Lichtenstein on Amazon pullout: “Worst day for NYC since 9-11”
February 2019 issue
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