By Laura Kusisto 11/08/10 6:02pm

Retail

Party Time in Times Square! Retail Rents Soar

Think twice before you elbow a tourist in Times Square. Rents in the wanna-be hotspot just soared 21 percent, thanks to the city’s tourism boom.

Retailers in the area are now paying upward of $1,700 a square foot annually, according to a quarterly report from the Real Estate Board of New York that came out this morning. That’s Read More

By William Alden 7/14/10 11:44am

Vito Lopez vs. Brooklyn’s ‘Gold Coast’

Tuesday’s hearing on the 421-a Property Tax Exemption Program almost didn’t happen.

“When we mailed out the notice and we reached out to a lot of people, there was almost no response,” Vito Lopez, chairman of the state Assembly’s housing committee, said. “So it’s quite interesting.”

At issue was whether 421-a, which gives tax breaks Read More