New York Busts $2.2 Million Organized Retail Theft Ring: 13 Charged in 780-Count Indictment Targeting Home Depot Across 9 States
Governor Kathy Hochul and Queens District Attorney Melinda Katz announced the indictment of 13 individuals…
New York Busts $2.2 Million Organized Retail Theft Ring: 13 Charged in 780-Count Indictment Targeting Home Depot Across 9 States
Governor Kathy Hochul and Queens District Attorney Melinda Katz announced the indictment of 13 individuals in a massive 780-count case for allegedly stealing more than $2.2 million in merchandise from 128 Home Depot stores across New York and eight other states between August 2024 and September 2025. The Queens-based theft crew, working with “fences” who…
NYC Ferry Opens New Staten Island–Brooklyn Route: Direct St. George–Bay Ridge–Atlantic Avenue Link Starts December 8, 2025
New York City has launched a new Staten Island–Brooklyn ferry connection, giving commuters and visitors a faster, more scenic way to travel between the two boroughs. The updated NYC Ferry St. George route now links St. George Terminal on Staten Island with Bay Ridge (American Veterans Memorial Pier) and Atlantic Avenue/Pier 6 at Brooklyn Bridge…
NYC Taps GFP Real Estate to Convert 100 Gold Street Into 3,700-Unit Mixed-Income Housing Hub in Lower Manhattan
New York City Mayor Eric Adams has selected GFP Real Estate to redevelop the city-owned 100 Gold Street property in Lower Manhattan into roughly 3,700 units of mixed-income housing, including more than 900 permanently affordable apartments created without direct HPD subsidy, marking one of the administration’s flagship “City of Yes for Housing Opportunity” projects. The…
Governor Hochul Authorizes Up to 65% Property Tax Exemption for New York Senior Homeowners
Governor Kathy Hochul has signed legislation S5175A/A3698A authorizing New York localities to provide enhanced real property tax exemptions of up to 65 percent for eligible senior homeowners, up from the previous 50 percent cap that had not been raised in decades. The new law allows municipalities to grant these exemptions to seniors who meet locally…
Governor Hochul Announces Record NYC Subway Ridership, Best-Ever November Performance, and Tap-and-Ride Milestone
Governor Kathy Hochul announced that the New York City Subway set new post-pandemic ridership records with 4.61 million riders on December 3 and 4.63 million on December 4, surpassing the previous high from October 29, 2025, and marking a 6 percent increase over the same dates in 2024. November also delivered the subway’s best on-time…
NYC City of Yes Housing Plan: Mayor Adams Marks 1 Year of Record Affordable Home Growth
One year after the New York City Council approved “City of Yes for Housing Opportunity,” Mayor Eric Adams and the Department of City Planning are highlighting major gains in housing production citywide, including a 22.8 percent increase in new homes permitted in 2025 compared to the year before approval. The sweeping zoning reforms — from…
