The sale of the apartments, whose residents had complained of neglect by management, to a troubled firm is an early test of the new mayor’s ability to deliver for tenants.
The New York City comptroller, Mark Levine, said that poor budgeting practices by the previous mayor, Eric Adams, had left the city with looming deficits.
Mark Levine, who took office as New York City comptroller in January, warned that absent significant financial growth, city programs would need to be scaled back.
Prosecutors in the case of Nicolás Maduro, the ousted Venezuelan president, have been asked to focus on reviewing the vast amount of files connected to Jeffrey Epstein.
The Council speaker, Julie Menin, will introduce bills that would establish a buffer zone at houses of worship to keep protesters at some distance from congregants.
Roughly 8,400 businesses closed in the second quarter of 2025, according to the most recent city data, creating the largest net decline in business activity since before the pandemic.
An empty storefront in Lower Manhattan. The drop-off in New York City business activity was most pronounced in major commercial districts, according to the Economic Development Corporation.