News

The mayor introduced the proposals to the City Council last week that would terminate the Pershing/King TIF district, the Harlem Industrial TIF district, the Irving Park/Elston TIF district and the South Works Industrial TIF district on Dec. 31 2019.

The company has also closed the sale of its economy lodging portfolio for $215.5 million.

The $19.5-million project will total 17,750 square feet above the hospital's emergency department and will combine heart and vascular services on one floor to address the growing number of procedures performed at the medical center, hospital officials state.

The deal marks Aspen Real Estate's seventh acquisition in Monmouth County. It is also the firm's largest acquisition and Aspen's second large purchase in under 10 months.

Cove Property Group has secured a $724.2 million loan from Blackstone Mortgage Trust to refinance Hudson Commons, a 698,000-square-foot trophy office in Hudson Yards.

Partners Healthcare president and CEO Anne Klibanski, MD revealed the health system's plans today in a letter to its 75,000 employees.

The nearly $36 million in funding will serve as the agency's first transaction of fiscal year 2020.

City officials say the legislation is the first for any US city to formally prioritize diverse applicants who are looking to participate in the marijuana industry.