Hudson Yards

New York City's real estate market shows a citywide median sale price of $825,000, with neighborhoods like Hudson Yards (median over $6.5 million), Tribeca, and SoHo among the most expensive. Price fluctuations in areas like Central Midtown and Brooklyn Heights are attributed to new developments and specific sales, not broader market shifts.

Mayor Zohran Mamdani appointed Lina Khan to chair New York City’s economic development board, which oversees city property leasing including Hudson Yards. Business groups expressed concern, calling the move a 'mixed message,' while the article notes some CEOs acknowledge Khan’s antitrust work may have prevented harmful mergers.

The Summer Fancy Food Show, the largest specialty food and beverage event in North America, returned to Manhattan from June 28-30, attracting over 32,000 industry professionals and 2,500 exhibitors from 57 countries. Hosted by the Specialty Food Association, the trade-only event featured product debuts, live cooking demonstrations, and global culinary showcases at the Javits Center.

BlackRock Inc.'s assets reached $9.09 trillion in the first quarter as investors sought safety following the collapse of several US banks. The company is launching two tokenized money-market funds. BlackRock's cash-management funds attracted deposits from investors seeking cover.