Funding

Rockwell Automation Co-Leads $400 Million Investment in Claroty

NEW YORK — Claroty, a cybersecurity company for cyber-physical systems (CPS) across industrial, healthcare, and enterprise environments, announced Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation, as a co-lead investor in its $400 million Series E funding round. The round brings the company’s total funding to $635 million, making it the most well-funded cybersecurity […]

News Offices Real Estate

Bloomberg Expands Lease at 919 Third Avenue

NEW YORK — Financial data and media firm Bloomberg LP  has signed a 191,207 square foot expansion lease at 919 Third Avenue (Photo above) covering the entire 28th through 33rd floors. This expansion increases Bloomberg’s commitment at 919 Third Avenue to 748,415 square feet. 919 Third Avenue is owned by developer SL Green. Designed by […]

News

Nine Companies Graduate From Venture for ClimateTech Accelerator

ROCHESTER — Venture For ClimateTech announced its first cohort of climate tech innovators has graduated from the program and secured more than $8.6 million of funding outside of the program. It also announced it is now recruiting for its second cohort of companies to participate in this non-profit global venture studio and accelerator program with […]

News

American Express Business Travel to Go Public via SPAC

NEW YORK – American Express Global Business Travel (“GBT”), the world’s leading Business-to-Business travel platform, plans to go public in 2022 with special purpose acquisition company (SPAC) Apollo Strategic Growth Capital (NYSE: APSG) . The combination is expected to create the world’s largest publicly traded B2B travel platform, which plans to list on the New […]

Government News

Masks Now Required at All Indoor Public Places in NY

NY Governor Kathy Hochul announced masks will be required to be worn starting Monday in all indoor public places unless businesses or venues implement a vaccine requirement. This a major action to address the winter surge comes as COVID-19 cases and hospitalizations rise statewide to be in alignment with the CDC’s recommendations for communities with substantial and high transmission. The […]

News

Spark Design Names 98 Winners in 15th Annual Awards

NEW YORK — Spark Design honors the world’s best designed products with the 15th annual Spark Design Awards. Of the many themes submitted, Spark Judges were encouraged to find designers addressing social, health and environmental changes head-on. Well-known companies like IBM, Fitbit, Samsung, SOM, Philips/Signify, Google, Pepsico, HP and Polestar submitted their products along with smaller firms […]

Restaurant

Antoya Modern Korean BBQ Opens in NYC

NEW YORK — Antoya Modern Korean Barbecue has opened in Manhattan’s Koreatown neighborhood and was formerly known as SamWon Garden. The new restaurant aims to create an innovative Korean BBQ experience with authentic Korean Barbecue food while adding on its menu new dishes such as the Gangnam Style Sausage (photo above), made with Omaha Prime […]

Funding

Point 72 Ventures Leads Massive $11 Million Seed Funding

NEW YORK — Massive, a remote startup that provides a new way for users to pay for digital apps and services by sharing a small amount of their computers’ idle processing power, has raised $11 million in seed funding. The round was led by Point72 Ventures with participation from Coinbase Ventures, Kraken Ventures, BlockTower Capital, and […]

Real Estate

SL Green Sells 25% Stake in One Madison Avenue

NEW YORK — SL Green Realty Corp. has sold a 25 percent interest in One Madison Avenue — currently under construction — to an international investor. The buyer has committed aggregate equity to the project totaling no less than $259.3 million. SL Green retained a 25.5 percent interest in the property, while its joint venture […]

Funding

Rho Raises $75 Million Series B

NEW YORK — Rho, ​​a financial platform that helps corporations better manage spending and cash, announced a $75 million Series B funding round led by Dragoneer Investment Group. New investors including DFJ Growth, and existing investors including M13, Inspired Capital and Torch Capital also participated. Founded in 2018, Rho says it has grown 10x in […]

News

SUNY Chancellor Jim Malatras Resigns

Dr. Jim Malatras has resigned from his position as Chancellor of the State University of New York on Thursday after facing calls for his resignation. Malatras has been a supporter of former Governor Mario Cuomo and reportedly tried to smear one of Cuomo’s sexual harassment accusers during the investigation of Cuomo’s activities two years ago. […]

Government

Mayor Imposes Vaccine Mandates for Private Employers, Children

NEW YORK — NY Mayor Bill DeBlasio is introducing some of the strict vaccine mandates in the nation that will affect private employers and also kids that want to attend public events in the city. The mayor announced major expansions to the “Key to NYC” program, the first-in-nation vaccination mandate for workers and customers at indoor […]

Retail

Toys”R”Us to Debut Flagship Store at American Dream

NEW YORK — Toys”R”Us is coming back from the dead in a big way. WHP Global, parent company of Toys”R”Us, is opening a new two-story Toys”R”Us flagship store this month inside American Dream, the massive shopping center and entertainment complex at the Meadowlands in New Jersey located 15 minutes from Manhattan. Designed for kids of all […]

News

Verizon Teams Up With Bang & Olufsen for Stream TV Soundbars

Verizon has teamed up with luxury audio brand Bang & Olufsen to offer new soundbars that feature Verizon’s StreamTV that give customers that big movie experience in your living room with no additional speakers or receiver required. Stream TV Soundbar ($399.99) and Stream TV Soundbar Pro ($999.99) are available exclusively at Verizon. As part of Verizon’s Buy […]

Funding

Via Scores $130 Million Series G Round

NEW YORK — Via, a provider of software solutions for public transportation systems, has raised $130 million in a series G funding round giving the company a valuation of $3.3 billion. The round was led by Janus Henderson with participation from funds and accounts managed by BlackRock, ION Crossover Partners, Koch Disruptive Technologies, and existing […]