News
Crain’s New York Business
- Midtown drug startup raises $13M to capitalize on opioid-alternative boomUpper East Side-based startup Spine BioPharma has raised $13.5 million in equity and debt from undisclosed investors, selling both a stake in the company and bonds to be repaid down the road, the firm disclosed in a public filing in December. The company is in clinical trials for an injectable serum to treat chronic lower […]
- Judge temporarily halts resident eviction at floundering Long Island nursing homeA State Supreme Court judge on Long Island has ordered the owners of a failing nursing home to halt the planned eviction of more than 300 elderly residents and pay its staff a week before Christmas.In an eleventh-hour ruling Friday, Judge Lisa Cairo ordered the owners of Cold Spring Hills Center for Nursing and Rehabilitation […]
- Charles Cohen faces foreclosure at Midtown office buildingLenders are looking to seize a Midtown property owned by Charles Cohen, the latest financial challenge facing the billionaire landlord amid a rough stretch for some Manhattan office building owners.In a lawsuit made public Friday, Forethought Life Insurance Co. and Kookmin Bank claim that Cohen has defaulted on $85 million worth of loans backed by […]
- UnitedHealth exec’s murder unlikely to change insurer practicesHealth insurance companies could scale back unpopular business tactics in response to anger directed toward the industry, but they probably won't. Many policyholders have seized on the murder of UnitedHealthcare CEO Brian Thompson to curse health insurance companies over prior authorization, rising premiums and narrow provider networks. All of these can be cost-cutting techniques insurers deploy to help […]
Planetizen: The independent resource for people passionate about planning and related fields
- Cities Prioritize Urban Reforestation to Combat Heat and Revitalize CommunitiesCities Prioritize Urban Reforestation to Combat Heat and Revitalize Communities Clement Lau Fri, 12/20/2024 - 08:00 Primary Image Cities across the U.S., including Phoenix, Chicago, and Boise, are embracing urban reforestation as a critical strategy to address urban heat, environmental inequities, and community revitalization. Phoenix, the first U.S. city to commit to full tree equity, […]
- Boston Launches New Affordable Housing Preservation FundBoston Launches New Affordable Housing Preservation Fund Diana Ionescu Fri, 12/20/2024 - 07:00 Primary Image A new city program in Boston will assist non-profit and mission-driven housing developers acquire occupied multifamily housing if they pledge to keep it permanently affordable. As Ysabelle Kempe reports in Smart Cities Dive, “The public-private partnership aims to raise $25 […]
- Delaware’s Hope Center Tackles Homelessness With a ‘Humane, Dignified’ ApproachDelaware’s Hope Center Tackles Homelessness With a ‘Humane, Dignified’ Approach Diana Ionescu Fri, 12/20/2024 - 06:00 Primary Image A Delaware housing complex originally built as emergency shelter could offer a useful model as an “ecosystem of care,” writes Frances Nguyen in a Shelterforce article republished in Next City. “In addition to offering case management and […]
- Rebuilding Together: How One Baltimore Program Advanced Education and Community DevelopmentRebuilding Together: How One Baltimore Program Advanced Education and Community Development LM_Ortiz Fri, 12/20/2024 - 05:00 Primary Image Baltimore's 21st Century School Buildings Program (21CSBP) demonstrates how school infrastructure investments can be leveraged for broader community development goals. Launched in 2013 with $1.1 billion in funding, the program has built or renovated 27 schools while […]