Restaurant

Danish Bakery Chain Opens First U.S. Location

NEW YORK — Danish bakery chain Ole & Steen has opened its first U.S. location in the heart of New York City’s Union Square. The opening marks the 100th store for the Danish bakery and their first expansion outside of Europe, with over 90 locations in Denmark and the UK. Located at 873 Broadway in a landmarked building originally constructed in 1900, […]

Real Estate

New JACX Development in LIC Fully Leased

NEW YORK — Tishman Speyer President and CEO Rob Speyer announced the company has completed lease agreements with Macy’s, Inc. and NewYork-Presbyterian to fill all of the remaining space at The JACX, its 1.2 million-square-foot creative office development currently under construction in Long Island City, Queens. The two lease agreements, totaling 328,000 square feet combined, brings The JACX, which consists of two […]

Offices Real Estate

Hudson River Trading Moving to 3 WTC

NEW YORK – Hudson River Trading is moving from 4 World Trade Center to new space at 3 World Trade Center, which opened last June. Silverstein Properties Chairman Larry Silverstein announced HRT has signed a lease with Hudson River Trading (HRT) for 136,000 square feet of office space at 3 WTC. Founded in 2002, HRT […]

Real Estate Retail

Hudson Yards to Feature Boutique Stores in Floor of Discovery

NEW YORK – Hudson Yards plans to unveil a lineup of boutique shops, dubbed the Floor of Discovery, on the second floor of The Shops & Restaurants at Hudson Yards in March. The Floor of Discovery will house a unique collection of first locations from online brands and experiential shopping offerings from modern brands. These store […]

Funding

LendingFront Loan Software Raises $4 Million

NEW YORK — LendingFront, a provider of small business lending software provider, has raised a $4 million Series A funding round led by Information Venture Partners with participation from Newark Venture Partners, Revel Partners, Contour Venture Partners and existing investors Struck Capital, ValueStream Ventures and Las Olas VC. The funding will be used to help […]

Funding

Updata Partners Leads $22 Million Round in Piano

NEW YORK — Piano, a service that helps digital media companies monetize their brands, has raised a $22M Series B funding round, led by Updata Partners of Washington, DC. The Piano platform is comprised of an integrated suite of intelligent business tools and includes a subscription commerce engine (Piano VX), a customer experience toolkit (Piano Composer), […]

Offices Real Estate

WeWork Changes Name to We Company

NEW YORK — WeWork, the largest private office tenant in New York City, is changing its name to The We Company. The We Company encompasses three different business lines: WeWork, WeLive, and WeGrow. WeWork develops flexible office space in major cities; WeLive offers furnished, flexible apartments; and WeGrow offers education for students. The new We […]

News

Le Macaron French Pastries to Expand in NY

NEW YORK — Le Macaron French Pastries, a French patisserie with 50 locations, is planning to open more than 20 locations in NY in the next five years. The chain offers guests authentic French macarons and pastries. Already in the NY market is franchisee Frank Kelly whose Yonkers Le Macaron location has been in operation […]

Government

Mayor Delivers State of NYC Address

NEW YORK—Mayor Bill de Blasio delivered his sixth State of the City Address on Thursday. Taking the stage at the Symphony Space on Manhattan’s Upper West Side, the Mayor highlighted a series of sweeping proposals aimed at fighting income inequality across New York City. Policy promises focused on health care, workers’ rights, and tenant protection […]

News

IBM Earns Record 9,100 Patents in 2018

ARMONK, NY — Inventors at IBM received a record 9,100 patents in 2018, marking the company’s 26th consecutive year of U.S. patent leadership. IBM led the industry in the number of artificial intelligence (AI), cloud computing, security and quantum computing-related patent grants. “IBM is committed to leading the way on the technologies that change the way […]