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Corporate relocation firms direct company movement
Companies are leaving New York City to cut costs and there’s someone directing the traffic. The Boyd Company, a corporate relocation firm founded by John Boyd, tells companies where they should move as they abandon the city’s high costs and rising rents. On New York’s side is a strong brand, […]
De Blasio Clearly Needs Help Fighting Homelessness
– By John Spina For a Mayor who won office based on his vision to combat inequality, De Blasio’s campaign against homelessness has been a failure due to the limited scope of his programs. With few political allies in Albany the prospects for progress appear dim. According to the Coalition […]
Reactivated South Brooklyn Marine Terminal Won’t Come at Cost of Residents, EDC Prez Says
In today’s New York, economic development has become almost synonymous with gentrification, with communities often fearing new projects will mean displacement of long-time residents. That’s the current vibe in Sunset Park, Brooklyn, where the city plans to revive the South Brooklyn Marine Terminal by the end of 2016. The city plans to […]
EDC Prez Says City Needs More Office Space
The city is running out of affordable office space as demand is projected to increase heavily over the next decade. Demand for office space could reach as much as 60 million square feet, according to an NYC Economic Development Corp., study released Thursday at a Crain’s New York Business conference. […]
Assemblyman Blake announces small cash award for Bronx startups
New York City Assemblyman Michael Blake speaks to the crowd at the Future of Work Summit in the Bronx, NY. By Andrew Caringi Another new effort to fund Bronx-based startups was announced by Assemblyman Michael Blake today, this time in the form of a relatively small cash award […]
East New Yorkers demand to know who will be developing their neighborhood
Residents of East New York continue to mobilize against a city-sponsored rezoning plan for their neighborhood focused on whether the result will be the displacement of they and their neighbors. The de Blasio Administration has failed to win a single endorsement from any community groups. The growing opposition was on […]
Viverito walks fine line on East Harlem rezoning
East Harlem faces an uncertain future and so does the neighborhood’s support for Mayor Bill de Blasio’s still-developing plan to rezone it. The Mayor’s strategy is to rezone East Harlem and 15 other neighborhoods to pack in more dwellings while requiring developers to add more affordable housing units. This would […]
Hackathons Offer Introduction to Computer Science in the Bronx
On a sunny Saturday afternoon, the kind of temperate fall day that usually calls for a lounge in the park, high school seniors Jenny Li and Violet Killy were crouched over laptops in the fluorescent-lit library at Bronx High School of Science, writing code. The two 17-year-olds were building […]
CUNY struggles to secure state funding for new contract
PSC Union President Barbara Bowen leads CUNY faculty and staff at a protest last Thursday as they call for an end to the contract dispute that has left them without raises for six years. By Andrew Caringi PSC Union President Barbara Bowen will have to wait to resolve […]
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.