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Read all of Crain’s Hudson Yards coverage

Crain’s New York Business today announced the Notable Women in Banking and Finance honorees. This feature recognizes women in the greater New York City metro area who have had a profound impact through work in their careers and in their communities. This list of Notable Women is part of a series from Crain’s New York Business to celebrate women in the workplace. See the feature here: http://cra.in/ODgrJSS This year’s list features women …

Heastie promises balanced approach to rent regulations

Fear not, landlords!That was the message Assembly Speaker Carl Heastie delivered from the podium during a Crain’s breakfast Friday at the New York Athletic Club. The legislative leader seemed to push back on some of the bolder promises of his members and of newly empowered fellow Democrats in the state Senate, who have proposed massive expansions of tenant protections and the elimination of regulations that allow property owners to pass expenses on to their tenants.Instead, the lawmaker indicated he would take a centrist…

You can now sign a petition to plead for Amazon to come back

Just in case its “petition asking Am…; to reconsider its decision to walk away from its Long Island City project.  The partnership, which represents the city’s biggest businesses, said the petition would give “everyday New Yorkers” the chance to effectively add their names to those of the 80 business, labor and civic leaders who signed the letter. They, too, can now tell Amazon they really, really want the company in New York. “We know the public debate that followed the announcement of the Long Island City project was rough …

Kushner Cos. buys portfolio of apartments for $1.2B

Kushner Cos., the property company owned by the family of Jared Kushner, President Donald Trump’s son-in-law and senior adviser, acquired a rental-apartment portfolio for $1.15 billion, the firm’s biggest purchase in more than a decade. The company bought 6,030 apartments across 16 properties in Maryland and Virginia from private equity firm Lone Star Funds, said a representative for Michael Campbell of the Carlton Group, a real estate investment bank which is helping to arrange financing for the deal, confirmed the purchase. Kushner Cos. President Laurent Morali and spokeswoman Karen Zabarsky didn’t return multiple messages seeking comment. Christina Pretto, a spokeswoman for Lone Star, declined to comment. The deal was reported earlier today by the Wall Street Journal. The purchase from Lone Star is …

Cuomo walks back $550 million in promised health care funding

Gov. Andrew Cuomo, in addressing a potential budget gap, said across-the-board cuts of $550 million to Medicaid funds were needed in his budget proposal. The governor said the revision is necessary to support the state’s spending plan for fiscal 2020, which starts April 1. The decision reverses his position in January: that the industry needed support to fend off federal cuts. Because of the federal matching funds that support Medicaid, the health care industry is projecting the total impact to be $1.1 billion less than they expected after Cuomo’s proposal last month. Cuomo blamed the federal government’s changes to the deductibility …

Uber suing city over rule limiting number of drivers

Uber Technologies Inc. is taking New York City to court over the government’s decision to cap the number of ride-hailing drivers allowed on the streets. Officials partly justified restraints on… To view the full story, click the title link.

As New York’s wealthy clamor for gas, Con Ed puts some on a diet

One of New York’s wealthiest areas is hungry for natural gas and Consolidated Edison Inc. has come up with one solution: Get low- to moderate-income customers to conserve. Westchester County, just north of Manhattan, has been using so much gas that ConEd last month said it would stop accepting new applications for service on March 15. And to satisfy the surge in demand there, the utility has come up with a conservation plan that includes getting less-wealthy customers, multifamily…

Grand Hyatt that launched Trump to be torn down for tower

The Grand Hyatt New York, the Manhattan hotel that launched Donald Trump’s career as a real estate developer, is being redeveloped by an investor group that plans to demolish the existing structure… To view the full story, click the title link.

What we know: Uber price hikes, taxi surcharges, three lawsuits

New Yorkers hustling from here to there suddenly have a lot of carfare changes to keep track of. It seems every imaginable vehicle but the subway now costs more than it did just a few days ago – and the train plays its own subterranean part in the drama. To keep it straight, take it in three bites: , though the company wouldn’t say how much more, and it isn’t clear whether the other app-based ride services will follow suit. Drivers get a more dependable wage, though Uber said Friday it will narrow some perks as a result. New Yorkers navigating the …

City signs Willets Point letter of intent

The city signed an agreement Thursday that charts a path forward for development in Willets Point. The de Blasio administration signed a letter of intent Thursday with a joint venture between the… To view the full story, click the title link.

Health care providers cut federal workers a break

Several area health care providers are offering discounts to furloughed federal employees.Hackensack Meridian Health, a 17-hospital New Jersey health system, said it will waive furloughed federal employees’ out-of-pocket payments, such as copays and deductibles, for emergency and urgent care visits. The health system’s facilities stretch from Bergen to Ocean County. The offer will apply to all family members who are insured through the affected government employee’s policy.The shutdown, which reached day 28 on Friday, is the longest in U.S. history and affects 800,000 federal employees, …

NY still sending billions more to feds than it gets back

The difference between what New York pays in federal taxes and what it gets back from Washington is still the worst in the nation, according to a new report.New York’s balance of payments—the revenue… To view the full story, click the title link.