Daily business news in the Great State of New York!
NEW YORK — SL Green Realty Corp. announced three new tenants have signed leases covering 104,110 square feet at One Madison Avenue. The 1.4 million-square-foot, new office tower located in Manhattan’s Midtown South submarket is now 63.6% leased with the lease up of all tower floors completed. A publicly traded financial services firm signed a […]
LONDON and NEW YORK – Allen & Overy (A&O) and Shearman & Sterling (Shearman) have announced the first partner promotions for the combined firm, A&O Shearman. A total of 40 partners have been elected to the partnership by their current respective firms. A&O elected 32 partners and Shearman elected eight, consistent with the relative size […]
NEW YORK — Kontakt.io, a provider of Inpatient Journey Analytics for hospitals, announced an investment of $47.5 million, led by Growth Equity at Goldman Sachs Asset Management (Goldman Sachs). The capital will support the company’s growth and expansion of Artificial Intelligence (AI) solutions. Kontakt.io enables health systems to optimize patient, staff, and resource flows, improving […]
NEW YORK — Snappy, which operates an online gifting platform, has closed a Series D funding round, securing $25 million in capital. This latest investment round was led by Qumra Capital with participation from 83North, Saban Ventures, Notable Capital, and Hearst Ventures, underscoring strong confidence in Snappy’s vision and its ongoing commitment to revolutionizing gifting […]
NEW YORK — Dow Jones has launched Dow Jones Smart Money, a financial literacy and proficiency resource aimed at providing essential knowledge to the public at no cost. Dow Jones Smart Money content will live on a dedicated site at DowJones.com/SmartMoney and will feature select information and insights from the award-winning publications across Dow Jones, including The Wall […]
Governor Kathy Hochul announced that Empire State Development has executed a $100 million Grant Disbursement Agreement for the transformative Electron-Ion Collider project at Brookhaven National Laboratory. The agreement with the U.S. Department of Energy marks a major milestone toward bringing the world’s only next-generation EIC to Long Island and launches New York State’s investment in […]
NEW YORK — Ness Digital Engineering (Ness), a digital services company, has relocated its office to One World Trade Center in downtown Manhattan. “Ness has been based in the New York Metropolitan area since its inception in 1999, and we are proud to show our continued commitment to this great city with our exciting new office in One […]
NEW YORK – The NBA packed them in this season. The basketball league says it set all-time records for regular-season total attendance, average attendance, percentage of capacity and sellouts for the second season in a row. The total attendance of 22,538,518 in the 2023-24 regular season surpasses the previous record of 22,234,502 set last season. The other […]
JETSET Pilates – a Miami-based, modern Reformer Pilates franchise that combines curated music and fitness – has announced the development of three new studios in New York. Currently, JETSET is focused on opening 10+ locations in NYC and will later target Long Island, Jersey City, and more for expansion. JETSET has signed a deal in Soho, which is expected […]
NEW YORK — A new Chick-fil-A restaurant serving the chain’s signature chicken sandwiches and waffle fries has opened in the Bronx. Chick-fil-A, Inc. has selected Roberto Ruiz as the independent franchised local Owner-Operator. Located at 201 East Fordham Road, Chick-fil-A East Fordham Road will be open for dine-in and carry-out from 7 a.m. to 9 […]
Deloitte Digital is expanding its Apple practice to help promote the Apple Vision Pro spatial computing device for use with businesses. The Apple Vision Pro was launched in February by Apple with a retail price of $3,499. The Academy for Apple Vision Pro will help organizations empower their existing teams and prepare for the new […]
NeuroCare Long Island, a group of four neurosurgeons with offices throughout Suffolk County has joined Northwell Health. The board-certified, fellowship trained neurosurgeons have practiced on Long Island and throughout the New York Metropolitan area for over 20 years and will now perform surgeries at South Shore University Hospital (SSUH). Leading the group of neurosurgeons are Kevin Mullins, […]
NEW YORK — Blueground, a provider of furnished, flexible rentals for stays over 30 days, has secured $45 million in Series D funding. The round includes investments from new investor Susquehanna Private Equity Investments, along with other notable investors including WestCap. In addition, Blueground raised a debt facility from Barclays with participation from Morgan Stanley, […]
TROY, NY — Rensselaer Polytechnic Institute (RPI) and IBM have officially unveiled the world’s first-ever IBM quantum computer on a university campus. Building on RPI’s bicentennial celebration of 200 years, IBM Quantum System One will significantly enhance educational and research opportunities for the university, as well as with other academic institutions and organizations across the New York region […]
The United States Justice Department has filed a complaint under the False Claims Act (FCA) against Regeneron Pharmaceuticals Inc., a company based in Tarrytown, NY. Regeneron manufactures and sells Eylea, an anti-vascular endothelial growth factor inhibitor approved by the Food and Drug Administration to treat, among other conditions, neovascular Age-Related Macular Degeneration, a prevalent, usually […]