Senator John Flanagan says he supports working men and women but does not support Governor Andrew Cuomo’s proposed statewide minimum wage increase to $15 an hour. Speaking at a Crain’s New York Business conference September 30, Flanagan, who has an economics degree, acknowledged that the current minimum wage was not […]
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Harlem’s Wing Wars: Why the neighborhood’s going pollo loco
Restaurateur Jamar White thought he’d be the only game in town earlier this year when he decided to open a third location of his small, yet successful chicken wing franchise, Buffalo Boss, on 125th St. in the heart of Harlem’s still-booming real estate market. “There really weren’t any wing places […]
Protected: Crown Heights Gentrification Spurs Growth For Minority-Businesses Willing to Tweak Their Business Models
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A Hopeful Hub of Bronx Tech Startups, Waiting on Investment
If he had his way, Joswell Valdez would work out of the borough that inspired his startup company. Growing up in the Bronx, Valdez knew many immigrants who regularly sent money to family members back home. So Valdez created sync.cr, a mobile app that allows users to make bitcoin payments […]
Citi Bike a Dream Deferred for the Bronx
Bronxites might be a little closer to seeing Citi Bike, the city’s bike share program, expand into their borough. Citi Bike has scheduled a meeting in October with Bronx Borough President Ruben Diaz Jr. and other stakeholders to discuss the possibility, according to Dani Simons, a Citi Bike spokesperson. The […]
Protected: Franchising Fight Hangs Over New City Recycling Rules
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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 […]
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 […]
Diversity is the Key to New York’s Economic Development, Says Alicia Glen
New York City is hemorrhaging jobs in the financial sector and JP Morgan Chase may soon have more employees in Texas than New York, said Glenn Coleman at the Crain’s Future of New York Conference this Thursday. He wanted to know what Alicia Glen, the city’s Deputy Mayor of Housing […]