Local news
New York News Hub
Curated local headlines with AI summaries and a practical FinTechful perspective.
72 stories
Latest News
72 Total
Apartment conversion planned at former Manhattan animal shelter
A former animal shelter in Manhattan is set to be converted into apartments. The building, previously operated by Bideawee, was vacated following its relocation in 2023.
Higher mortgage rates are messing with the housing market
The average 30-year fixed-rate mortgage has reached 7.4%, significantly impacting the housing market. This increase is creating challenges for sellers, buyers, and new homeowners alike.
Federal Reserve moves to modernize bank rule, insider lending set for increase
The Federal Reserve is set to modernize regulations concerning bank lending practices, particularly focusing on loans to executives and directors. This update aims to increase the threshold for insider lending, reflecting changes in the banking landscape.
How companies should navigate pay transparency in job postings
A recent report highlights that 60% of workers are unwilling to apply for jobs that do not disclose salary information. This trend is prompting companies to reconsider their approach to pay transparency in job postings. As laws requiring salary disclosures continue to grow, organizations must adapt their hiring practices accordingly.
Toll Brothers plans 240,000-square-foot residential building in Chelsea
Toll Brothers has submitted plans for a new residential building in Chelsea, covering 240,000 square feet. The project will feature 105 residential units and is situated on a site that was recently acquired for $53 million.
Star on 18 Diner building to be demolished in Chelsea
The Star on 18 Diner building in Chelsea is set to be demolished to make way for new development. This demolition will clear a 3,000-square-foot lot adjacent to a site where condos are currently being constructed.