Five months after the passage of the de Blasio administration’s first neighborhood rezoning, investment in East New York’s housing market has increased. Both residents and realtors have taken an interest in selling homes in the neighborhood now that the area is “on the map” after extensive debate over it’s rezoning […]
Long Islanders have been Ubering, and Nassau County officials do not like it. According to the Nassau County Taxi and Limousine Commission, there have been 2,500 violations reported this year distributed to taxi-alternative transportation drivers. “Any individual operating in Nassau County under a taxi-alternative company is under […]
The controversial Airbnb bill yet to be signed by New York Governor Andrew Cuomo is drawing criticism from African American users of the popular homesharing website. In an effort to prevent illegal hotels, the bill, passed by the state legislature this summer, bans users from listing rentals for entire apartments […]
But city residents remain wary of change The restructuring of the Mount Sinai Health System, including the closure of the historic 825-bed Beth Israel hospital, indicates private hospitals will be increasingly reliant on outpatient services and look to reduce the number of beds in the pursuit of savings. The fact […]
Despite a tough retail climate, New York City consignment stores are thriving by throwing themselves into competition with high-end retail boutiques. The secret to their success is mimicking these boutiques in design, stock, and location, giving them the competitive edge to survive in wealthy, high rent districts of the city. […]
Three and half years ago, French chef Bernard Ros was ready to find a new home for his restaurant, Paname, which is a slang name for Paris, his home city. Ros looked for a location in the Upper West Side, but then changed his mind. He decided to bid on […]
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Demand high for Harlem Hotels, but no one’s taking advantage Fall is peak season in New York’s hotel industry, when tourists and traveling business pros fill vacant rooms from Battery Park to Central Park. In Harlem, hotel marketer Aquaria Harley, director of sales at Aloft – the neighborhood’s only conventional […]
State Assemblyman Charles Baron says that any development in East New York under the current proposal will be bad news for current residents. “My man here said that gentrification is coming whether you like it or not,” he said, pointing at a Department of City Planning employee sitting in the […]
New York City is a petri dish for food innovation – it’s creative, diverse, filled with a multitude of ethnic groups and packed with adventurous eaters. While the city has served as an incubator for new food companies, businesses looking to scale up are turning to locations outside the five […]
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.