Business

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Brooklyn Museum Announces Staff and Salary Cuts

The Brooklyn Museum is making significant changes to its operations in response to ongoing financial pressures. As it celebrates its 200th anniversary, leadership is implementing strategic measures to ensure the institution’s long-term sustainability, including staff reductions and executive salary cuts.

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Charges Ordered to be Dropped Against Mayor Eric Adams

The Department of Justice has directed federal prosecutors to drop all corruption charges against New York City Mayor Eric Adams, according to an agency memo issued Monday.

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Mayor Adams Reveals Plan To Position NYC As A Leader in AI

Mayor Adams is taking major steps to transform NYC into a global leader in artificial intelligence (AI). Last week, he and the New York City Economic Development Corporation (NYCEDC) released a report detailing their plan to integrate AI into the city's economy. This initiative will create thousands of new business and job opportunities in the region.

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Top 50 Priciest NYC Neighborhoods

New York City’s real estate market experienced notable shifts in 2024, with median sale prices rebounding by 3% year-over-year (Y-o-Y) to $748,000. While sales activity across the city stayed relatively flat, certain neighborhoods saw dramatic changes in prices and transactions. Below, we explore the top 50 most expensive neighborhoods in NYC and highlight key trends that defined the year.

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Mayor Eric Adams Official Statement on Trump Meeting

NYC Mayor Eric Adams put out an official statement explaining why he met with President Donald Trump, and he made it clear that they did not discuss a pardon, should one be needed.

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Mayor Adams Unveils FY26 Budget for Safer NYC

Mayor Adams Releases Fiscal Year 2026 Preliminary Budget to Make New York City the Best Place to Raise a Family With Investments in Public Safety, Affordability, Education

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NYC Newswire Partners with NYC PR Agency AOPR

Brooklyn, NY – NYC Newswire, the leading hyperlocal media distribution platform in New Yok City, has partnered with Apples and Oranges Public Relations, a premier NYC-based PR agency. This collaboration empowers Apples and Oranges clients to strategically target New York City’s diverse communities through a robust media network.

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Camber Buys Linden Plaza Development in ENY for $1B

Camber Property Group has officially acquired the 11-building, 1,527-unit Linden Plaza apartment complex in East New York, Brooklyn, for nearly $1 billion, as reported by Commercial Observer. The property was purchased from Linden Plaza Preservation, an entity managed by RY Management, with the deal closing just before the new year. Rick Gropper, founding principal at Camber, described the acquisition as “a historic transaction and one of the largest multifamily transactions,” emphasizing its potential to significantly improve the living conditions for residents through a public-private partnership.

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Mayor Adams Unveils Bold Plan for NYC Families

In his fourth State of the City address at The Apollo Theater in Harlem, Mayor Eric Adams presented an ambitious plan to make New York City the safest, most affordable, and best place to raise a family. Building on accomplishments in crime reduction, housing reform, and economic relief, Adams introduced several new initiatives aimed at improving safety, housing, and affordability for working-class families across all five boroughs.