The proposal is one of nearly a dozen revenue-raising ideas Mamdani’s office has circulated to state lawmakers.
JEMB Realty would install the 4-story screen on the H&M building at 1293 Broadway.
New data from Corcoran shows rents on both sides of the East River reach new highs.
The approximately 27,500-square-foot condo is home to retail tenants such as performance hall Le Poission Rouge and CVS.
Pressures are growing on the Mamdani administration to find budgetary savings, and he would do well to listen, writes the Crain's editorial board.
The waitlist for home care through the Department for the Aging increased 76% in six months, a report from the state comptroller said.
The New York City business community is still waiting for Mayor Zohran Mamdani to name a new leader of the powerful Economic Development Corp.