The Real Estate

The Round-Up: Tuesday

Subway fares will rise next July if the MTA's plan to close a widening $900 million budget gap is approved by its board. [NY Times]

Subway delays increased 24 percent this year, with the number 4 train performing the worst. [NY Times]

A Carroll Gardens pharmacy has been mysteriously vacant for over a decade while the rest of the neighborhood has been developed. [NY Times] 

Over 200 Bronx construction workers will split $1.23 million in back pay as part of a settlement over unpaid overtime. [NY Times]

With travel costs rising, more business meetings go virtual. [NY Times]

A community group has submitted a new $430 million development proposal for a recreational center at Pier 40. [NY Post]

The Weinstein Brothers have leased space for their film company at Miramax's old building at 99 Hudson Street; Pax eateries has leased its 33rd New York City location. [NY Post]  

A ruling in a case brought by American Airlines earlier this summer could cost the city a big chunk of its hotel tax revenue. [NY Sun]  

 

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