Daily business news in New York
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 […]
NEW YORK— The de Blasio administration wants to establish new passenger boarding areas for horse-drawn cabs at several major Central Park entrances. The new rule will designate specific locations within Central Park as passenger boarding areas for horse-drawn cabs, moving them from heavily-congested nearby locations along Central Park South. Relocating boarding areas within Central Park […]
NEW YORK – NY Attorney General Barbara Underwood has filed a lawsuit against the Donald J. Trump Foundation, and its directors, Donald J. Trump (now the President of the United States), his sons and daughters Donald J. Trump, Jr., Ivanka Trump, and Eric Trump. The petition filed alleges a pattern of persistent illegal conduct, occurring over […]
NEW YORK — The Brooklyn Navy Yard Development Corporation and Steiner NYC today broke ground on 399 Sands Street, the latest addition of manufacturing and creative office space at the 300-acre Brooklyn Navy Yard and a key component of Steiner’s Admirals Row project. Deputy Mayor for Housing and Economic Development Alicia Glen announced a $40 […]
NEW YORK — Mayor Bill de Blasio announced that the City will dedicate 309 parking spots to carshare programs: the NYC DOT will dedicate 285 parking spaces through the DOT NYC Carshare pilot for Zipcar and Enterprise CarShare vehicles on streets in select neighborhoods as well as in DOT municipal parking lots, while NYCHA will […]
NEW YORK — Mayor Bill de Blasio announced this week that New York City had this week paved its 5,000th lane-mile since 2014. That’s over 1/4 of the 19,000 total lane-miles citywide, long enough for a road to Las Vegas and back. The increased repaving has driven down potholes 44 percent. The Mayor made the […]