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 […]
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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 […]
Tech Spurs Growth in Tourism in New York, Experts Say
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 […]
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 […]
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 […]
Making Sacrifices to Make Green Off New York’s Marijuana Industry
Unmedicated, Oleg Maryasis talks a mile a minute, tapping his foot incessantly and frequently lapsing into a nervous stutter. After he takes a long drag of weed, his speech becomes more steady and the tapping stops. “Cannabis, besides medicine, is a spiritual plant,” said Maryasis, who has replaced all of […]
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 […]