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New Jersey Lures Advertising and Printing Company from Queens
New Jersey has lured another New York City company across states lines with a tax incentive. The advertising and printing company Peeq Media was awarded a nearly $5 million package to move 110 middle-wage employees to northern New Jersey. The company is one of the latest taking advantage of generous […]
New Chart Ranks New York City Low for Female-led Startups, but Experts Say Reality Not as Harsh as Data
Recent research shows New York City’s booming tech industry leads in workplace diversity, employing more women than Silicon Valley. But a new Dadaviz chart says the city that bills itself as the Silicon Valley of the East falls behind in producing women-led startups. Other evidence, though, says female entrepreneurs in […]
Department of Buildings to Charge Fees for Advice to Accommodate Construction Boom
The cash-strapped Department of Buildings is looking for new revenue and new staffing solutions to remedy a backlog of inspections applications as a result of the city’s construction boom. Because of a high demand for commercial office space, pre-K buildings and affordable housing, the DOB is looking for new ways […]
Building Commissioner Suggests Struggles for City Department
A recent surge in city construction and an extended period without leadership has left New York City’s Department of Building stretched across a multitude of duties and potentially undermanned. At a Crain’s Business Breakfast Forum on Tuesday, DOB Commissioner Rick Chandler eluded to new duties that were monopolizing his deputy […]
Stronger Collaborations between Businesses and Schools needed for Better Workforce
Higher education leaders expressed the desire for stronger collaboration among the private and public sector in order to better prepare and train students for the workforce of the future. At the Crain’s “Future of New York City Conference,” panelists from leading educational institutions in the city said these kinds of […]
Joint venture sets out to build new neighborhood in Queens
Mayor Michael Bloomberg stumped before the Queens Chamber of Commerce two years ago flanked by real estate giants Related Companies and Sterling Equities. The pair, he announced, had gotten the green light to redevelop Willets Point, not too far away. Two years later, the joint venture, known as the […]
Major art institutions weigh in on possible City Council cultural plan
While New Yorkers are still waiting for Mayor de Blasio to release an economic plan, some city council members are proposing to set forth a cultural plan for the Mayor to consider in the city where only 30% of New Yorkers bought a ticket to a Broadway show last season. […]
Few details in humble plan for city economy
The De Blasio administration is looking to “backfill” the finance jobs it expects to lose with growing industries like tech, a top city official said Thursday, asserting that the city wouldn’t “pay” to keep jobs here. In a speech light on specifics, Deputy Mayor Alicia Glen disparaged the competition New […]
For NYC colleges, readiness begins long before first day of grade school
The biggest obstacle New York City universities face isn’t just getting more students in the STEM fields and onto other technology paths. It’s getting more students ready to start college in the first place. That preparation doesn’t start when students leave their high schools. It begins much earlier, and higher […]