Daily business news in the Great State of New York!
NEW YORK — HUE, the NYC-based apparel brand known for its legwear, is expanding into the footwear category with the launch of a new line of shoes, “Liflats”. These stylish and comfortable flats are designed with arch support (a lift) to promote better overall health. The new collection is set to go on sale this month. Founded […]
NEW YORK — Celebrating the 40th anniversary of The Glaucoma Foundation, former CBS Late Show host David Letterman was front and center at TGF’s April 18th Gala in New York City, where he received the Foundation’s inaugural Chairman’s Spotlight Award. TGF Chairman Gregory K. Harmon, MD said, “This new award puts a spotlight on the transformative effect individuals can […]
BROOKLYN — Anthropologie Group’s home and garden brand, Terrain, has opened at Brooklyn Botanic Garden (BBG) a new immersive retail experience located within BBG’s storied 52-acre landscape. The partnership is rooted in a shared passion for horticulture and both partners’ authority in their respective domains. It is the first store of its kind for Terrain and a […]
NEW YORK – New York City is launching LockerNYC, a free pilot program that will utilize lockers installed on public sidewalks throughout multiple boroughs to allow New Yorkers to receive secure package deliveries. Statistics show that 80 percent of households in New York City receive at least one delivery per week and 20 percent receive four […]
NEW YORK — JetBlue has announced several leadership and organizational updates at the New York-based airline: Daniel Shurz has been named JetBlue’s new head of revenue, network, and enterprise planning. Over the past 20 years Shurz has served as vice president, network planning for Air Canada and senior vice president, commercial for Frontier Airlines, and held strategy […]
NEW YORK – NYC Mayor Eric Adams unveiled new details and renderings of a once-in-a-generation office tower at 350 Park Avenue that will be home to more than 6,000 jobs in Midtown Manhattan. After filing an application with the New York City Department of City Planning, Vornado Realty Trust, Kenneth Griffin, and Rudin are advancing a […]
NEW YORK — Ilant Health, a provider of obesity management and cardiometabolic health solutions, announced the extension of its seed round of fundraising from $3 million to $5.5 million. The women-led startup received additional funds from a combination of new health-oriented investors, including funds from LifeX Ventures, Celtic House Asia Partners, and Cornucopian Capital, as […]
Adro, a New York-based company making financial services more accessible for international students and workers, has raised a $1.5 million pre-seed funding round led by Era, with participation from Ex Nihilo Ventures and the Cornell Tech Syndicate. With no Social Security Number and limited U.S. credit history, international students and workers struggle to access basic banking upon arrival. Led by Amarildo Gjondrekaj (formerly of Mastercard, Harness), Sara […]
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 — 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 […]
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 […]