Leadings members of the business community said New York City’s economic future depended heavily on whether or not Bill de Blasio would continue Bloomberg’s support for the tech industry and tax credits at a panel discussion on the future of New York today. The annual Crain’s and Partnership for New […]
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NY journalists admit dropping the ball in mayor’s race
A panel of New York political journalists gave what amounted to a collective mea culpa Tuesday night for nearly ignoring mayor-elect Bill de Blasio until he had all but won the Democratic primary. Speaking at a forum held by the CUNY Graduate School of Journalism, journalists from the New York […]
Willets Point Manufacturer Gets Off The Hook
More than 260 auto repair shops, junkyards and construction companies will have to move from the blighted Willets Point neighborhood now that the City Council has given final approval to the $3 billion plan to turn the 62-acre industrial space into a mega retail, hotel, and housing complex. But not […]
Read Property Presents Rheingold Plan to Skeptical Audience at City Council
A proposal for a 977-unit residential project in fast-changing Bushwick faces opposition over the number of affordable housing units and whether those apartments will be affordable enough for longtime Bushwick residents.
For Roosevelt Island Businesses,Tech Campus Stirs Mixed Emotions
For the tech world, Cornell NYC Tech’s launch on Roosevelt Island in 2017 will mean an influx of tech experts, with approximately 280 faculty members and 2,750 graduate students. But many Roosevelt Island natives hope the tech campus will bring something else to the island: new business. The Island may […]
Rockaways chocolate factory reopens, but recovery is slow
Business is ramping up slowly for Madelaine Chocolate, the Rockaways chocolatier that reopened two weeks ago after Superstorm Sandy shuttered operations last year. The Queens company is among the many small businesses that has had to decide whether the cost of rebuilding in a flood zone is better than relocating […]
South Korean Startups Come to New York to Secure U.S. Funding
In a tiny office space at a WeWork building in the financial district, David Yoo and Dino Ha look just like the hundreds of other startups operating in the popular coworking space. But unlike the startups at WeWork, both Yoo and Ha work for South Korea-based startups and are in […]
At odds again
Anthony Malkin and Andrew Penson are tied together by two of the city’s most iconic pieces of real estate — The Empire State Building and Grand Central Station. And they’re at odds for the second time this year.
Airbnb’s Fight for NYC
For New Yorkers, it’s a way to help pay the bills, and for tourists, it’s a way to save some money. But to the city and its hotel industry, Airbnb is a staggering threat. Airbnb, the wildly popular website that allows people to rent out their homes for short periods […]
Immigrants foster economic growth, report shows
State Comptroller Tom DiNapoli’s report on the impact of immigrants on the city’s economy shows a bright future for New York’s diverse enclaves in neighborhoods such as Jackson Heights, Coney Island and Elmhurst. DiNapoli seemed optimistic that Mayor elect Bill de Blasio would find yesterday’s report reaffirming to many of […]