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Aug 11 2023
News
Manhattan's average rent soared to record $5,588 in July
NEW YORK -- New Yorkers are feeling the squeeze as rents hit a new high. Rent in Manhattan soared to a record-high average of $5,588 in July, up 9% from 2022. It's hurting tenants struggling to find apartments they can afford. One apartment hunter said she can't find a studio to suit her work-from-home needs for less than $5,000. "I am considering not coming back to Manhattan," she said.
CBS News (Online)
Aug 11 2023
News
$5.6K Manhattan Rent Average Breaks NYC Records: Study
Summer rent prices broke records across New York City with averages hitting $5,558 per month in Manhattan, $4,347 in Brooklyn and $4,003 in Northwest Queens, the Douglas Elliman study shows. The median rent in Manhattan hit $4,400 last month — also a new record, according to the Douglas Elliman study. And, yet again, rent wasn't much better in Brooklyn and Queens. The median rent in Brooklyn
Patch.com
Sep 11 2023
News
Two victims of 9/11 terror attack in Manhattan have just been identified
NEW YORK (AP) — The remains of two people who died in the 9/11 attack on the World Trade Center have been identified, the latest positive identification in the decades-long effort to return victims to their families. Authorities confirmed the identification of the remains of a man and woman days ahead of the 22nd anniversary of the hijacked-plane attack that killed nearly 3,000 people in Lower
MarketWatch
Sep 01 2023
News
Manhattan DA Seizes Ancient Statue from Cleveland Museum, Alleging It Was Looted
A New York judge ordered the seizure of a Roman sculpture on display at an Ohio museum, claiming the piece had been stolen from Turkey. The Cleveland Museum of Art has long said the sculpture, valued at $20 million, is believed to be a depiction of a headless Marcus Aurelius, the former Roman emperor, posing in a regal stance wearing elaborate drapes. But the museum has recently changed the
The Messenger
Aug 18 2023
News
China’s property giant Evergrande files for bankruptcy protection in Manhattan court
China’s heavily indebted property giant Evergrande Group on Thursday filed for Chapter 15 bankruptcy protection in a U.S. court.
In a filing with the Manhattan bankruptcy court, the company referenced restructuring proceedings in Hong Kong, the Cayman Islands and the British Virgin Islands.
In a separate statement, Evergrande on Friday said that it will ask the U.S. court for “
CNBC
Jul 18 2023
News
Top Manhattan Prosecutor Calls For Receivership of Rikers Island
U.S. Attorney Damian Williams of the Southern District of New York said Monday that he wants the troubled jail complex to be stripped away from the control of the Eric Adams administration and instead be under oversight by a court-appointed outside authority. Williams said Rikers Island“has been in crisis for years.” The federal prosecutor's comments come after several reports have detailed
Patch.com
Sep 11 2023
News
Rockets' Kevin Porter Jr. Arrested After Allegedly Attacking Girlfriend in Manhattan Hotel Room
Houston Rockets basketball player Kevin Porter Jr. was arrested Monday morning after an alleged assault involving his girlfriend at a Manhattan hotel overnight, PEOPLE confirms. Porter Jr., 23, is facing two felony charges for assault and strangulation, a New York City police spokesperson says. Porter Jr. is still in custody and has been transferred for booking while awaiting an arraignment.
People
Jul 28 2023
News
Crane collapse in Manhattan: Owner and operator linked to previous disasters
As authorities continue to investigate a crane collapse that rained thousands of pounds of steel debris onto a busy Manhattan thoroughfare Wednesday, the owner and operator of the failed crane are facing scrutiny over past safety failures. The tower crane, owned by New York Crane and Equipment Corp., was hoisting concrete to the 36th story of a luxury high-rise when a fire broke out in the
Fortune