Tech in New York is innovating all of the economy’s major sectors, and travel and tourism is no exception. A panel of travel and tourism industry experts at this year’s Crain’s Future of New York City Conference, agreed that social media and other technology increases access to New York and […]
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If new manufacturing is going to be unique, the zoning has to be, too
If manufacturing is going to have a revival in New York, its leaders are going to need help from the city. Just no money, please. Instead, manufacturing leaders would prefer the city rezone and provide tax credits to ensure the reshaping industry keeps producing. If varying forms of rezoning were […]
Airbnb; the six-letter word
The fight over Airbnb boils down to a fight over taxes. Airbnb has been in the news a lot lately for its incredible growth and popularity among customers. Proponents of the online accommodation site point to its ingenuity as a boon for the tourism industry and for the city. But that […]
Execs To City Public School Kids: Learn To Code (and Read and Write)
City high schools should teach students to code computers, business leaders said Thursday. “We need to inject programming and computer science into the core curriculum at the earliest age possible,” said Jon Brod, a former NBA executive now piloting start-ups. Brod, currently heading up an instant messaging app startup called […]
Writing Skills and Communication, Still Fundamental for Employers and Schools
It wasn’t tech or computer skills that united this morning’s conversations about education between business leaders and Chancellor of New York City Schools Carmen Fariña. The leaders convened at Crain’s Future of New York City Conference Thursday. Instead their common thread was much more old fashioned: writing and so-called “soft […]
Housing and Manufacturing Could Mix in Innovative Districts
Innovative mixed-use zonings could create more affordable housing and at the same time increase jobs in the city’s growing manufacturing sector if land-use policies could be changed, city officials say. Carl Weisbrod, Director of New York City’s Department of City Planning, has been explicit about his vision for mixed-use zonings […]
In Spite of Friction in New York, the Sharing Economy Is Here for Good
Yan, a 24-year-old consultant, has rented out an apartment through Airbnb the past few years in fear. He hides his business from his landlord so that he doesn’t get evicted from his Midtown East luxury apartment. He also worries about whether he is violating local illegal hotel laws. The demand […]
A Wall Streeter Jumps To Tech
Greg Golkin went to work on Wall Street straight out of Wharton in 2006. A sharp-as-a-tack Upper East Side native, Golkin, 30, knew that if he worked hard, success and wealth were his for the taking. But after tours at investment firms and hedge funds, he jumped ship to the […]
Queens Librarian speaks out for higher wages
Michael Wong spends most of his time surrounded by thousands of books, but you won’t see him reading from the Harry Potter series anytime soon. “I hate books,” said Wong, a phrase he often tells his co-workers jokingly. For most of the week, Wong, 47, a senior librarian works full […]
New Yorkers Find a High-Paying Career in Coffee
Steam rose from the shiny orange espresso machine. Workers scurried back and forth behind the thick wooden counter, preparing milk and espresso for the gathered customers at Cafe Grumpy in Midtown. The scene was the same happening around the city every morning: specialty coffee workers preparing a cup of artisan […]
NYC BIZ NEWS
Welcome to NYCBizNews.com, a site covering the city's economy as a crucial mayoral election looms. You will find stories on jobs and unemployment, manufacturing, tourism, small business and real estate. A separate section takes the pulse of the city's emerging tech sector. The site is produced by reporters at the New York City News Service and the CUNY Graduate School of Journalism. Email your comments to greg.david@journalism.cuny.edu.