Daily business news in the Great State of New York!
Barnard College officially inaugurated its ninth president, Laura Ann Rosenbury, on Friday. The ceremony featured a wide variety of speakers and attendees, including faculty, alumnae, trustees, city and state officials, special guests, and Columbia President Minouche Shafik. “I offer my warmest congratulations to President Rosenbury on this momentous occasion,” said President Shafik, who joined Columbia […]
Governor Kathy Hochul announced the launch of the first-ever Tuition Assistance Program eligibility to cover hundreds of SUNY and CUNY non-degree programs that lead to jobs in high-demand, growing fields. The expansion builds on the support offered through TAP, New York State’s 50-year-old financial assistance program, which provides direct aid to students. “Tuition assistance for […]
As Taylor Swift would say: “Are You Ready for It???” Apple CEO Tim Cook was in New York Friday for the official worldwide launch of the company’s newest tech device — Apple Vision Pro. [Photo above: Apple CEO Tim Cook at the company’s Fifth Avenue store with Senior VP of Retail Deirdre O’Brien.] Priced at […]
MANHASSET — Seventy years after North Shore University Hospital (NSUH) first opened its doors, the Level I trauma center and quaternary care teaching hospital has completed the Petrocelli Surgical Pavilion, a decades-long project that will transform health care in the region. The $560 million, 288,000-square-foot tower will complement nationally recognized cardiac, neurosurgery and transplant programs. […]
Global restaurant brand, Jollibee, best known for its Chickenjoy fried chicken, crispy and juicy chicken sandwiches, and Peach Mango Pie dessert, will open its first location in Brooklyn, NY, on Friday, February 2, 2024. The grand opening celebration will feature all the buzzy fanfare that is customary for a Jollibee opening – including great-tasting food and fun […]
NEW YORK — Skin care company Clinique and Icahn School of Medicine at Mount Sinai announced a philanthropic partnership to establish the Mount Sinai-Clinique Healthy Skin Dermatology Center with a $5 million donation. The Center will develop research in dermatology, exploring the biological underpinnings of how skin ages, skin allergies and inflammatory or eczematous skin […]
LuxUrban Hotels Inc. has signed and funded a 15-year Master Lease Agreement (MLA), plus two, five-year options, to operate The James NoMad Hotel in New York City. LuxUrban expects that The James will be rebranded as The J Hotel by LuxUrban, a Wyndham Grand Hotel. The Company expects to take possession of the property and […]
NEW YORK — Fashion brand Veronica Beard is debuting its first collection of handbags, launching globally this month. The handbag collection will be available at VeronicaBeard.com and Veronica Beard boutiques worldwide, as well as select retailers. Veronica Beard was founded by sisters-in-law Veronica Miele Beard and Veronica Swanson Beard. Following footwear and denim, handbags now mark the third product category expansion […]
NEW YORK — DailyPay, which helps companies pay employees daily, has secured over $175 million to continue its growth. The funding is divided between $100 million of expanded secured credit facility capacity provided by Citi and over $75 million in equity financing, which valued the company at $1.75 billion on a pre-money basis. The equity financing from both existing and […]
MOUNT VERNON, NY — Rebecca School is opening a second location in Mount Vernon, New York (Rebecca School North), opening September 2024 for the 2024-2025 school year. Utilizing the DIRFloortime methodology, Rebecca School in New York City, has an 18-year legacy of providing excellent and high-quality services to students with neurodevelopmental delays, including autism spectrum diagnosis. The second location […]
NEW YORK — Rokt, an e-commerce technology company, announced an investment of $17.6 million to expand operations at its headquarters in New York City. To accommodate its growing workforce, Rokt will lease an additional 34,000 square feet of space at 175 Varick Street, bringing its total occupancy in the building to over 100,000 square feet. Rokt will renovate […]
South Shore University Hospital (SSUH) in Bay Shore has completed a $71 million, 45,560-square-foot, two-story Women and Children’s Center. The hospital-within-a-hospital includes a new labor and delivery suite, private post-partum suites, an all-private neonatal intensive care unit (NICU), a post-anesthesia recovery unit (PACU), two new operating rooms, and obstetrical-triage beds. “This new facility not only represents […]
Fox Sports says its Sunday evening broadcast of the Detroit Lions at San Francisco 49ers had an average 56,691,000 viewers. The 49ers made a furious comeback in the second half to win 34-31 and advance to The Super Bowl on Sunday, February 11 at 6:30 p.m. in Las Vegas. Fox says the game is projected […]
The U.S. National Science Foundation (NSF) has designated the New Energy New York (NENY) Storage Engine as a Regional Innovation Engine (NSF Engine) as a part of President Biden’s Investing in America agenda. The NENY Storage Engine, anchored at Binghamton University in New York’s Southern Tier Region, will receive up to $15 million for two […]
Governor Kathy Hochul announced the launch of the State’s new Farm Employer Overtime Credit advance portal, which is now open for farmers to register and begin preparing the documents they will need to apply for reimbursement. Later this year, eligible farm employers may apply to the Department of Agriculture and Markets for a certificate of […]