Manhattan News Briefs Business Banking & Real Estate in Manhattan NYC
April 8, 2026 / Manhattan News Briefs Business Banking & Real Estate NYC / Manhattan Neighborhoods / Manhattan Buzz NYC.
This section provides 2025 & 2026 news briefs for Manhattan Business Banking & Real Estate in Manhattan NYC.
CLICK here to view our briefs pertaining to Manhattan News Business Banking & Real Estate in Manhattan NYC.
Manhattan News Briefs 2026
Business Banking & Real Estate NYC
More Coming Soon. Also see Full Section for Business Real Estate, by clicking the hoverable drop-down underneath Business Real Estate, which you can find on the top tool bar, below our logo.
GB 633 - Steve Cohen
GB 634 - Stephen Ross
Queens News - Weekly Updates
November 13, 2025 / Billionaire Press NYC Billionaire TV News / Queens Real Estate & Business / Queens News NYC / News Analysis & Opinion / Queens Buzz NYC.
New York City Council Approves the One LIC Neighborhood Real Estate Development Plan
Wednesday, November 12, 2025 the New York City Council approved the One LIC Neighborhood Real Estate Development Plan. The plan will rezone 54 blocks in the neighborhood, to facilitate real estate developers efforts to erect new luxury housing, and 4,350 'affordable housing' units. In the past 'affordable housing' units in this neighborhood, were generally 'affordable' to folks making between $100,000 and $250,000. For details see -
NYC Council Approves One LIC Neighborhood Real Estate Development Plan
https://council.nyc.gov/press/2025/11/12/3008/
Broadway Theater Season Narrowly Averts Strike
Musicians Local 802 & Broadway League Reach Tentative Agreement
October 23, 2025 / NYC Arts & Culture. Queens Real Estate & Business News NYC / Manhattan Real Estate & Business News NYC / Bronx Real Estate & Business News NYC / Staten Island Real Estate & Business News NYC / Brooklyn Real Estate & Business News NYC / NYC Real Estate & Business News NYC / NYC News NYC / Gotham Buzz NYC.
As they say in show business, "The Show Must Go On". And so it will, as both unions that had voted earlier this year to authorize a strike, didn't need to do so, as both were successful in reaching an agreement with the Broadway League regarding the renewal of their union contracts.
American Federation of Musicians Local 802 and the Broadway League agreed to a tentative deal
https://apnews.com/article/broadway-labor-deal-musicians-a34c8886f4279b9aed7242262f5c0a6d
The deal follows on the heels of a deal made by the Actors Equity Association with the Broadway League on Saturday last weekend.
https://apnews.com/article/broadway-labor-2025-equity-deal-6a92b3f2807981a6bd2fba90d1e49362
Penn Station Redevelopment Public Comment Period Begins October 31, 2025
Penn Station $7 Billion Renovation Project Planned to Begin in 2027
October 22, 2025 / NYC Real Estate & Business / NYC Transit / Manhattan Real Estate & Business News NYC / NYC Real Estate & Business News NYC / NYC News NYC / Gotham Buzz NYC.
In March 2025, Stephen Gardner, stepped down as Amtrak CEO, in what seems like a Trump Administration personnel change. In May 2025, Andy Byford, a British National, was appointed to a Special Advisory role on Amtrak. Sometime this Spring [2025], the Trump Administration removed the New York Metropolitan Transportation Authority [MTA] from its position as the lead agency on the Penn Station renovation project and put Amtrak in charge.
Byford is not allowed to become the CEO of Amtrak, as law requires that the CEO of Amtrak be an American. Byford was President of tne NYC Transit Authority from 2018 to 2020, which is the sum total of his experience in a managment role here. But he does have prior management experience in transit in Toronto and London, and in advisory roles here in the U.S., since about 2014. Construction is expected to begin some time in 2027.
The photo above or at right was taken earlier this year at Penn Station in West Midtown Manhattan. The Empire State Building can be seen through the window in the background.
Here's a link to the original plan, when it was still being managed by the NY MTA and the second link takes you to the Amtrak site media area, where I would expect them to post the public comment solicitation - BUT THIS IS UNCONFIMRED.
Old Penn Station Renovation Plan
https://www.governor.ny.gov/programs/new-penn-station
Amtrak Website - Media Center where we expect them to post the solicitation of public comments
https://media.amtrak.com
Trump Says $16 Billion NJ / NYS Hudson River Tunnel Project Terminated, but it is Not
Trump Cannot Make that Decision Unilaterally, so the Tunnel Project Continues
October 15, 2025 / Real Estate & Business. / Manhattan Real Estate & Business News NYC / NYC Real Estate & Business News NYC / NYC News NYC / Gotham Buzz NYC.
Trump said the Gateway Tunnel Project is terminated, even though Trump doesn't have the authority to unilaterally terminate projects authorized by Congress. The Trump Transportation Department said there aren't any official plans to terminate the $16 billion project. And the companies working on the Gateway Tunnel Project continued to do so.
https://subscriber.politicopro.com/article/eenews/2025/10/17/gateway-and-second-ave-subway-projects-still-alive-despite-trump-comments-ee-00611371
U.S. Constitutional Laws Surrounding the President's Ability to Halt Projects after Congressional Authorization - After you click the above link, type - unconstitutional withholding funds - in the search box, and then scroll down to January reports submitted by Senator Patty Murray of Washington. Murray's reports outline the laws / powers bestowed by the Constitution, to the legislative branch versus executive branch of government, surrounding the allocation and implementation of funding federally authorized projects.
https://www.appropriations.senate.gov
And yet the billionaire TV News seemed to disinform the American public by repeating and amplifying Trump's comments about halting the Gateway Tunnel Project, without an equal amount of context and corrections. Thus, TV News is once again leaving so many of those who rely on TV for their news, walking around with the false / manipulated perception that Trump cancelled the Gateway Tunnel Project, which he is not unilaterally authorized to do. Some believe that Trump is making these comments in an attempt to try to influence some of the New York / New Jersey elections, most notably to attack Mamdani for NYC Mayor, and Mikie Sherrill for NJ Governor.
Canadian Province of Ontario Responds to Trump Tariffs by Replaying Tariffs Speech by Ronald Reagan
One for the Gipper?
October 24, 2025 / NYC Business News. NYC Real Estate & Business News NYC / NYC News NYC / Gotham Buzz NYC.
Given well known Republican adoration for President Ronald Reagan, the Ontario government decided to replay a speech of Reagan's on tariffs, made while Reagan was president. Since what Reagan says in April 25, 1987 and what Trump has been doing since he returned to the Oval Office don't jibe, Trump took offense and unilaterally terminated trade talks.
In the image above or at right is Ronald Reagan reading a script where he says he's imposing tariffs on another country, but doesn't want to do that, because he generally views tariffs negatively.
Reagan Speech Arguing Against Tariffs in 1987
https://www.thestar.com/politics/what-did-reagan-actually-say-about-tariffs-read-the-transcript-of-his-1987-address/article_b360738d-c59d-5dbd-98a2-9a621cc2f646.html
Governor Hochul Bans use of AI in Rent Pricing
October 16, 2025 / Bronx Neighborhoods & History NYC / Brooklyn Neighborhoods & History NYC / Manhattan Neighborhoods & History NYC / Queens Neighborhood News & History NYC / Staten Island Neighborhoods & History NYC / NYC Neighborhoods & History NYC / NYC News NYC / Gotham Buzz NYC.
On October 16, 2025 Governor Hochul signed into law a bill which bans the use of AI / software used by landlords to price rents. On August 23, 2024, the Biden Administration Department of Justice filed a civil lawsuit in tandem with the attorney generals of eight states, including the state of California, to ban the use of algorithyms in rental pricing software, claiming that it was essentially price fixing, which is a violation of anti-trust law.
Governor Hochul Signs Law Banning Use of AI in Rental Pricing
https://www.governor.ny.gov/news/governor-hochul-signs-legislative-package-bolster-homeownership-and-strengthen-protections
Governor Hochul Signs Bill Banning Price Fixing Rentals by Landlords
https://citylimits.org/governor-signs-bill-banning-ny-landlords-from-setting-rents-via-algorithms/
Biden Administration files Anti-Trust Lawsuit Against AI Rentals Pricing / Price Fixing
https://www.justice.gov/archives/opa/pr/justice-department-sues-realpage-algorithmic-pricing-scheme-harms-millions-american-renters
Three Casino Proposals Gain Approval by Fairly 'New' Community Boards
Tuesday, September 30, 2025 / Bronx, Queens NYC & Yonkers NYS / NYC Politics Government & Media NYC / Bronx Neighborhoods & History NYC / Brooklyn Neighborhoods & History NYC / Manhattan Neighborhoods & History NYC / Queens Neighborhood News & History NYC / Staten Island Neighborhoods & History NYC / NYC Neighborhoods & History NYC / NYC News NYC / Gotham Buzz NYC.
Proposals for casinos at Resorts World in Queens, Ballys in the Bronx, and the most recent approval at in Flushing Meadows Corona Park were all approved by community boards that have undergone significant turnover in the past five to ten years. Many of the reconstituted community boards now appear to serve the billionaires and real estate developers instead of their communities. A fourth casino proposal is for MGM Empire City in Yonkers, which was also approved.
NYC Queens News - CitiField Casino Proposal Passes Community Board
https://www.thecity.nyc/2025/09/30/citi-field-casino-queens-casino-steve-cohen/
NYS Inflation Refund Checks Coming Soon
To be Deposited or Mailed in October & November 2025
September 26, 2025 / NYC Politics Government & Media NYC / Bronx Neighborhoods & History NYC / Brooklyn Neighborhoods & History NYC / Manhattan Neighborhoods & History NYC / Queens Neighborhood News & History NYC / Staten Island Neighborhoods & History NYC / NYC Neighborhoods & History NYC / NYC News NYC / Gotham Buzz NYC.
The Hochul Administration began sending NYS Inflation Refund checks to the 8.2 million residents of NYS. The refunds will be $150 / $200 or $400 per person depending on income and tax paying related persons status. The ostensible purpose of the checks is to help New Yorkers combat the negative impact of inflation on New Yorkers' household budgets. For details see -
NYS Albany News - NYS has begun Distributing Inflation Refund Checks
https://www.governor.ny.gov/news/governor-hochul-announces-inflation-refund-checks-are-now-being-sent-82-million-new-york
SHORTS
Three Casino Proposals Gain Approval by Fairly 'New' Community Boards
Tuesday, September 30, 2025 / Bronx, Queens NYC & Yonkers NYS. Queens Real Estate & Business News NYC / Manhattan Real Estate & Business News NYC / Bronx Real Estate & Business News NYC / Staten Island Real Estate & Business News NYC / Brooklyn Real Estate & Business News NYC / NYC Real Estate & Business News NYC / NYC News NYC / Gotham Buzz NYC.
Proposals for casinos at Resorts World in Queens, Ballys in the Bronx, and the most recent approval at in Flushing Meadows Corona Park were all approved by community boards that have undergone significant turnover in the past five to ten years. Many of the reconstituted community boards now appear to serve the billionaires and real estate developers instead of their communities. A fourth casino proposal is for MGM Empire City in Yonkers, which was also approved.
NYC Queens News - CitiField Casino Proposal Passes Community Board
https://www.thecity.nyc/2025/09/30/citi-field-casino-queens-casino-steve-cohen/
SHORTS
Is the FEC Chelsea NYCHA Demolition Project being Railroaded thru by Stephen Ross, Related Companies & Eric Adams prior to a Mamdani Mayoralty?
Tuesday, August 19, 2025 beginning at 6.30 pm - Manhattan CB 4 Meeting. Brooklyn Politics Government & Media NYC / Bronx Politics Government & Media NYC / Manhattan Politics Government & Media NYC / Queens Politics Government & Media NYC / Staten Island Politics Government & Media NYC / NYC Politics Government & Media NYC / NYC News NYC / Gotham Buzz NYC.
Find out what's going on with NYC owned property that appears Eric Adams is giving away. Attend via Zoom or in person. For details and to rsvp click here - FEC Chelsea NYCHA Demoliton Project. The train is departing the station, so there's little time to waste. Here's some related information we reported about this same subject [generally] a number of years ago - Bloomberg Mayoralty property give aways to Stephen Ross & Related Companies.
Mets Eliminated from the MLB Playoffs - but the Biggest Part of this Story went Unreported by Billionaire TV News
Mets Owner, Billionaire Steve Cohen, was the Founder of a Securities Firm that was Involved in One of the Largest Insider Criminal Cases Against a Hedge Fund in U.S. History. Now Cohen is Vying for a Casino. Should Someone with Cohen's History be Allowed to Operate a Casino in NYC? And is Cohen Competing Fairly for a Casino License?
Sunday, September 28, 2025 / Brooklyn Politics Government & Media NYC / Bronx Politics Government & Media NYC / Manhattan Politics Government & Media NYC / Queens Politics Government & Media NYC / Staten Island Politics Government & Media NYC / NYC Politics Government & Media NYC / NYC News NYC / Gotham Buzz NYC.
Queens Real Estate & Business News NYC / Manhattan Real Estate & Business News NYC / Bronx Real Estate & Business News NYC / Staten Island Real Estate & Business News NYC / Brooklyn Real Estate & Business News NYC / NYC Real Estate & Business News NYC / NYC News NYC / Gotham Buzz NYC.
News Analysis & Opinion / Queens Buzz NYC.
Mets owner Steve Cohen has been preoccupied vying for a casino license in the CitiField parking lot. This is why Cohen didn't have much time this summer to find a 'black edge' equivalent to win a pennant for the Mets. Now the question is whether Cohen has found some 'black edge' equivalent to use to win a casino license, because someone convinced the board member appointee of former NYC mayoral candidate Jessica Ramos, to change their vote from valiantly advocating against the proposed casino, to voting for it.
Queens News - Mets Eliminated from MLB Playoffs
https://www.msn.com/en-us/sports/mlb/mets-eliminated-from-playoffs-as-humiliating-collapse-is-complete/ar-AA1NtKFL
Queens News - Steve Cohen - Scroll Down to Racketeering and Insider Trading Charges
https://en.wikipedia.org/wiki/Steve_Cohen_(businessman)
Queens News - Scroll down to George Dixon Changing his Vote from Nay to Aye
https://www.thecity.nyc/2025/09/30/citi-field-casino-queens-casino-steve-cohen/
U.S. & NYC Economic News Updates
Saturday, September 27, 2025 / U.S.A. Queens Real Estate & Business News NYC / Manhattan Real Estate & Business News NYC / Bronx Real Estate & Business News NYC / Staten Island Real Estate & Business News NYC / Brooklyn Real Estate & Business News NYC / NYC Real Estate & Business News NYC / NYC News NYC / Gotham Buzz NYC.
Over the past couple of weeks the economic news releases have been a bit troubling. GDP was revised significantly upward to 3.8% vs 3.3% provided previously, and 3% provided previous to that. But the growth in output didn't carry along with it any attendant uptick in employment, which is disturbing, assuming the data hasn't been tampered with.
On the other side of the scale there's inflation, which is showing signs of life again, after falling back nicely since June of 2023. This could be the costs associated with tariffs finally beginning to show themselves as macro economic data has a lag factor which generally runs 6 - 18 months, which the TV newspeople don't seem to understand.
USA News - Inflation Trending back Up
https://www.bls.gov/opub/ted/2025/consumer-prices-up-2-9-percent-from-august-2024-to-august-2025.htm
https://www.msn.com/en-us/money/markets/adp-report-shows-32000-loss-in-jobs-in-september/ar-AA1NFQBM?ocid=BingNewsSerp
