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Exclusive: Vornado, Oxford to buy stakes in New York's 650 Madison Avenue

NEW YORK (Reuters) - Vornado Realty Trust and Oxford Properties, the real estate arm of an Ontario pension plan, are buying stakes in 650 Madison Avenue, joining two parties that had already agreed to acquire the Manhattan building for $1.3 billion, three sources told Reuters on Tuesday. Full story

New Yorkers Celebrate Space at Intrepid Museum's SpaceFest

NEW YORK — The Intrepid Sea, Air and Space Museum was bustling early Friday (July 26), as hundreds of visitors waited patiently to take part in the second-annual SpaceFest celebration aboard the converted aircraft carrier on the western edge of Manhattan. Full story

PBT: Just renovated Madison Square Garden could be forced to move in a decade

The Madison Square Garden Company (MSG) is just completing a $968 million renovation the iconic Manhattan building that is home to the Knicks, the NHL’s Rangers and a wealth of other events. It is going to co-host the 2015 NBA All-Star Game (along with the Barclays Center in Brooklyn). It is one of Full story

Socialite Astor's swindler son may get medical parole from jail

NEW YORK (Reuters) - The elderly son of Brooke Astor, who is one month into a prison sentence for swindling his late philanthropist mother, has been granted an interview for possible medical parole, a Department of Corrections spokesman said on Tuesday. Full story

CBT: Report: Former five-star recruit Chris Thomas headed to Marshall

Well-traveled JuCo standout Chris Thomas is no longer going to attend Manhattan and is instead headed to Marshall to play his college ball, according to a report from Jon Rothstein, who spent the day at Manhattan’s practice. Thomas’ status had been up in the air at Manhattan. He’s got a long history Full story

First Manhattan's point man on Vivus: Doctor and Buffett disciple

NEW YORK (Reuters) - When Dr. Sam Colin was an intern at the Yale School of Medicine, he often gave up the chance to catch a few minutes of sleep between shifts to read the latest investment insights from Warren Buffett. Full story

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Drugmaker Vivus settles with biggest shareholder

Unconventional pastor leads booming NYC megachurch

US court ruling in NY favors anti-terror law

Vivus, top shareholder continue debate on board

News Summary: Investor First Manhattan sues Vivus

In setback for broadcasters, U.S. court won't rehear Aereo appeal

US lawyer gets year in prison in Refco fraud

Deaf NY Starbucks patrons sue, say they're mocked

Clouds Cover NYC's Last Manhattanhenge Sunset of 2013

Last Manhattanhenge Sunset of 2013 in NYC Tonight

Video

  High heat to bake East Coast for days

There will be anywhere between six to seven days of searing heat on the East Coast where temperatures are reaching the mid-90s. Heat advisories will be in effect across much of the northeast into New England. Meteorologist Janice Huff reports

  NYC Penthouse Shortage?

The Manhattan real estate market saw its busiest Spring since 2007, but inventory was the lowest for the quarter on record. New York City may have a penthouse shortage, reports CNBC's Robert Frank. Real estate power broker Dolly Lenz, offers insight.

  Manhattan Condos Red Hot

Condominium sales across Manhattan are at their highest since 2007, reports CNBC's Diana Olick. Condo sales were up nearly 16 percent in Q2.

  Big Apple's Busy Real Estate Market

Foreign, all-cash buyers are fueling the Manhattan condo market, reports CNBC's Diana Olick.

  Sara learns her beer basics: Hops are not pesky!

TODAY’s Sara Haines visits the Chelsea Brewing Company, the only microbrewery in Manhattan, to learn everything she never knew about beer (which is a lot) from head brewer Mark Szmaida.

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Former U.S. Congressman Anthony Weiner appears at a mayoral candidates forum in the Inwood section of upper Manhattan in New York
Former U.S. Congressman Anthony Weiner appears at a mayoral candidates forum in the Inwood section of upper Manhattan in New York

Former U.S. Congressman Anthony Weiner appears at a mayoral candidates forum in the Inwood section of upper Manhattan in New York, July 30, 2013. REUTERS/Mike Segar

Former U.S. Congressman Anthony Weiner is silhouetted against a window as he speaks at a mayoral candidates forum in the Inwood section of upper Manhattan in New York
Former U.S. Congressman Anthony Weiner is silhouetted against a window as he speaks at a mayoral candidates forum in the Inwood section of upper Manhattan in New York

Former U.S. Congressman Anthony Weiner is silhouetted against a window as he speaks at a mayoral candidates forum in the Inwood section of upper Manhattan in New York, July 30, 2013. Weiner vowed to stay in the New York City mayor's race on Monday, despite a poll that showed his support plummeting t

Former U.S. Congressman Anthony Weiner speaks to reporters after a mayoral candidates forum in the Inwood section of upper Manhattan in New York
Former U.S. Congressman Anthony Weiner speaks to reporters after a mayoral candidates forum in the Inwood section of upper Manhattan in New York

Former U.S. Congressman Anthony Weiner speaks to reporters after a mayoral candidates forum in the Inwood section of upper Manhattan in New York, July 30, 2013. Weiner vowed to stay in the New York City mayor's race on Monday, despite a poll that showed his support plummeting to fourth place among D