NYC

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Tishman, BlackRock quit huge NYC housing complex

A group led by Tishman Speyer Properties LP is giving up control of the Stuyvesant Town and Peter Cooper Village apartment complex in Manhattan to creditors, marking the collapse of one of the largest transactions during the U.S. real estate boom.

Huge NYC apartment complex misses loan payment

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The joint venture led by Tishman Speyer and BlackRock Inc that owns New York City's vast Stuyvesant Town/Peter Cooper Village apartment complex on Friday said it missed making its full loan payment, moving the deal one step closer toward possible foreclosure.

NYC Stuyvesant Town complex misses payment

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The joint venture led by Tishman Speyer and BlackRock that owns New York's vast Stuyvesant Town/Peter Cooper Village apartment complex on Friday said it missed a loan payment, putting it in a much-anticipated default.
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NYC economy up for fifth month in December

New York City business activity expanded in December for the fifth consecutive month, though at a slower rate than November, while a gauge of business optimism was at its highest in more than three years, according to an industry report on Thursday.
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NYC urges ban on shale gas drilling in watershed

New York City urged New York state on Wednesday to ban natural gas drilling in its watershed, adding unprecedented support to critics who consider the chemicals used to mine for shale gas as poisonous to drinking water.
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NYC Rock & Roll Hall of Fame annex to close

Just one year after opening, the New York City annex to Cleveland's Rock & Roll Hall of Fame will close its doors on January 3, according to one of the corporate partners in the venture.
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Victoria's Secret Fashion show 09, NYC

Victoria's Secret Fashion Show came back to New York City's Lexington Armory on Thursday night unveiling a new collection of lingerie and elaborate accessories.
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Madoff's NYC, Palm Beach homes get price cuts

It's still not cheap, but Livin' La Vida Madoff may now cost a bit less. Asking prices for homes once occupied by now imprisoned Ponzi schemer Bernard Madoff in Manhattan's Upper East Side and in Palm Beach, Florida, have been cut, after about two months on the market.
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Bloomberg takes big lead into NYC mayor election

Supporters say New York Mayor Michael Bloomberg, who appears set to win a third term this week, gets credit for saving the city from the worst of the financial recession but his critics say he did not do enough.
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NYC sees economic gold in green jobs

Recession-stricken New York City plans to double its current green work force by creating over 13,000 new jobs in the next decade, partly by competing with London to become the new center for carbon trading, a city official said on Wednesday.
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Calorie labeling doesn't curb NYC fast food habits

A rule that requires New York City fast food restaurants to post calorie information on their menu boards has not changed consumer habits in low-income neighborhoods, according to a study published on Tuesday.
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NYC pleads for Federal funds to fight terrorism

New York City Mayor Michael Bloomberg, along with other leaders representing the region say additional federal funds are needed to improve the city's security against nuclear devices and “dirty” bombs.

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