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Brooklyn's Dumbo neighborhood saw its median asking rent fall 8.2% year-over-year as new construction and shifting demand influence the market. Other city neighborhoods also experienced rent softening, driven by increased supply and changing tenant preferences. The trend reflects broader economic pressures and evolving urban dynamics.
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On September 26, 2025, Howard Rubin, a retired financier with a 30-year Wall Street career, was arrested in Connecticut and charged with sex trafficking and abuse of dozens of women between 2009 and 2019. His former assistant, Jennifer Powers, was also arrested in Texas and charged with aiding Rubin in recruiting women for violent BDSM sex acts in New York luxury hotels and a penthouse "Dungeon." Both deny the charges and face at least 15 years if convicted.
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A woman was nearly decapitated and killed after being struck by a fleeing driver in Manhattan. Her husband was injured and remains hospitalized. The driver, Mohammed Abouzaid, fled the scene but was later apprehended by police. The incident highlights ongoing concerns over traffic safety and hit-and-run crimes in the city.
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Shane Tamura, a 27-year-old former high school football player, carried out a mass shooting at a Manhattan office building housing NFL offices. He left a note claiming his brain injury from football, CTE, was concealed by the league. Postmortem tests confirmed low-stage CTE in his brain. The attack resulted in multiple deaths and injuries.
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Hong Kong's restaurant industry is shifting with new social dining apps boosting small venues and a debate over pre-made foods. Meanwhile, iconic establishments close, and fine dining continues to thrive amid economic pressures. These stories highlight ongoing changes in the city’s culinary landscape as it balances tradition and innovation.
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Recent developments include a large lease at Brooklyn's 25 Kent, Summit's purchase of 444 Madison Ave., and Jerusalem's Midtown project. Meanwhile, Gaza faces destruction of residential towers amid ongoing conflict. These events highlight shifts in urban development and market confidence.
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Sean 'Diddy' Combs is scheduled for sentencing after being convicted of two federal charges related to transportation for prostitution. Prosecutors recommend at least 11 years in prison, citing his unrepentant attitude and history of violence. He was acquitted of more serious sex trafficking and racketeering charges. The sentencing is set for today, October 3, 2025.
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Federal authorities in Brooklyn have indicted over 30 individuals, including NBA figures, for operating illegal, high-tech poker games linked to mafia families since 2019. The scheme involved rigged tables, high-profile players, and victims losing millions. The investigation highlights ongoing use of sophisticated technology in underground gambling.
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The Erie Canal's bicentennial is marked by a reenactment featuring a replica boat, the Seneca Chief, retracing historic routes. The event highlights the canal's historical significance in shaping America's economy, westward expansion, and infrastructure development, with celebrations including water collection from key locations and symbolic plantings.
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Former New Jersey governor James McGreevey is headed to a December runoff for mayor of Jersey City after finishing second in the nonpartisan election. He trails James Solomon, who led the vote but did not secure a majority. The race focuses on housing, safety, and city services amid a development boom.
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Sean Combs, known as Diddy, is now incarcerated at Fort Dix Federal Correctional Institute in New Jersey. He has served 14 months of a 50-month sentence for federal prostitution-related charges and is appealing his conviction. His lawyers seek early release and rehabilitation programs, with a scheduled release date of May 8, 2028.
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A 75-foot Norway spruce from East Greenbush, NY, has been delivered to Rockefeller Plaza for this year's Christmas display. Donated by Judy Russ in memory of her late husband, the tree will be decorated with over 50,000 LED lights and crowned with a Swarovski star. It will be lit on Dec. 3 and displayed until mid-January.
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Liridon Kastrati, 32, was convicted of attempted murder after chasing police with a chainsaw in Paisley in May 2024. He was found guilty of attempting to kill PC Gary Cowan, with sentencing due in December. The incident involved a collision and a pursuit, with officers injured.
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The Biden administration has proposed a 28-point peace plan for Ukraine, which includes Russian territorial gains and military restrictions for Ukraine. The plan, negotiated without European input, faces strong Ukrainian opposition and raises concerns about future Russian aggression.
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A home in San Francisco's Mission District was robbed in a targeted attack involving a fake delivery person. The suspect tied up the resident, stole $11 million in crypto, and fled. The incident highlights rising violence against crypto investors, with authorities seeking the suspect.
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Pedro Hernandez, convicted in 2017 for the murder of Etan Patz, has had his conviction overturned and is now set for a retrial. The Manhattan DA's office announced readiness to proceed, with jury selection due by June 1, or Hernandez will be released. The case remains a landmark in child abduction history.
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Frederick Green, 20, pleaded not guilty to attempted murder after shooting Jets player Boyd in midtown Manhattan on November 16. Boyd was hospitalized in critical condition but has been recovering and visiting team facilities. Green was tracked to Buffalo and surrendered after a three-week manhunt.
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Hiram Carrero, 18, allegedly set a fire on a Manhattan subway train early Monday, injuring a passenger critically. He appeared in court and faces at least seven years in prison. The case highlights ongoing concerns about violence on public transit and mental health responses.
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Brooklyn rapper Daniel Hernandez, known as Hernandez, has admitted to violating his supervised release with recent assaults and drug possession. His court hearing revealed ongoing threats and harassment linked to his cooperation with authorities in a gang case. The judge sentenced him to additional jail time, citing repeated infractions.
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New York City Mayor-elect Mamdani has issued a video warning residents of their rights amid ongoing ICE operations. He emphasized that immigrants can refuse entry to federal agents without a warrant, and highlighted his commitment to defending the city's 3 million immigrants, especially following recent ICE raids in Chinatown.
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Frederick Green, 20, was arrested in Buffalo after allegedly shooting NFL player Boyd outside a Manhattan restaurant on Nov. 16. Green faces attempted murder, assault, and weapons charges. Boyd remains hospitalized with critical injuries. Green attempted to evade arrest by fleeing to Buffalo and altering his appearance.
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U.S. District Judge Paul Engelmayer sentenced Kwon to prison for orchestrating a $40 billion crypto collapse involving TerraUSD and Luna. Kwon, who pleaded guilty, was ordered to forfeit over $19 million. The case highlights ongoing regulatory scrutiny of cryptocurrencies following the 2022 market crash.
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A woman visiting Macy’s Herald Square was stabbed multiple times by a homeless suspect, Kerri Aherne, who was released from a psychiatric facility hours before the attack. The victim, a California sheriff’s civilian, was hospitalized but is expected to recover. The suspect faces attempted murder charges.