Daily business news in New York
NEW YORK — Allure, a monthly beauty magazine published by Conde Nast, has opened the Allure Store — a new experiential retail store on New York City’s Lafayette Street. The store offers an editorial-led selection of the world’s best beauty products and is designed to embody the future of retail by seamlessly integrating Allure’s trusted voice into a […]
NEW YORK — Quit Genius, the world’s first digital clinic for treating multiple addictions, has raised an oversubscribed $64 million Series B funding round co-led by Kinnevik and Atomico, with participation from Series A investors Octopus Ventures, Triple Point Ventures and Startup Health. The company will use the funds to fuel expansion of its platform in the U.S. Quit Genius […]
NEW YORK — Lightyear has raised $13.1 million in Series A funding to continue digitizing how enterprises procure and manage telecom infrastructure services. The raise comes on the heels of a late 2020 seed round, and reflects massive utilization growth of Lightyear’s platform, along with rapid feature expansion that has moved Lightyear beyond procurement into […]
The New York State Thruway Authority announced construction will begin this month during the busy summer travel season on a $450 million project to redevelop the 27 service areas located on the NYS Thruway. The service areas were originally built in the 1950s, with the last significant redevelopment taking place in the 1990s. On July 29, […]
NEW YORK — Bowery Valuation, which uses technology to appraise commercial real estate, has scored $35 million in Series B funding led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs) with participation from Capital One Ventures and existing investors including Builders VC, Fika Ventures, Navitas Capital, Camber Creek, Nine Four Ventures, […]
NEW YORK — Thrive Global, a behavior change technology company founded by Arianna Huffington, has raised an $80 million Series C round co-led by Mamoon Hamid at Kleiner Perkins to accelerate Thrive’s growth and impact in ending the burnout epidemic and helping people live and work with less stress, more productivity and greater well-being and mental […]
NEW YORK — Vistar Media, a global provider of programmatic technology for digital out-of-home advertising, has landed a Series B funding round of $30M from publicly-traded Lamar Advertising Company. The investment reflects Lamar and Vistar’s belief that technology will be the driving factor behind an accelerated growth rate for the out-of-home (OOH) industry at large. […]
NY Governor Andrew Cuomo officially announced the opening of the LEGOLAND New York Resort in Goshen, Orange County – the first new major theme park in the Northeast in more than four decades. The park was originally supposed to open in 2020 but delayed until this year due to the pandemic. Developed by Merlin Entertainments, […]
NEW YORK — The Westgate New York Grand Central hotel is opening Tuesday, June 22 with a $20 million renovation. Located at 304 East 42nd Street in the Tudor City neighborhood of Manhattan, this Midtown East NYC hotel was previously known as Hilton NY Grand Central and before that Hotel Tudor. celebrates the art deco […]
Southwest, the nation’s leading discount airline, is launching service to Syracuse in Upstate New York beginning on November 14, 2021. Southwest continues to grow across North America with service to its sixth destination in New York. The airline also serves Albany, Buffalo, LaGuardia (NYC), Rochester and Islip (Long Island). Southwest will initially offer up to […]
