Daily business news in the Great State of New York!
NEW YORK – The New York Knicks have dominated the NBA when it comes to the overall value of the team. The Knicks maintain the No. 1 spot on Forbes’ 24th annual NBA Team Valuations, a ranking by the magazine of the most valuable NBA franchises. The Knicks are worth $5.8 billion and are up 16% from the […]
NEW YORK — Empire State Realty Trust announced that Davidson, Dawson, & Clark, LLP, a Trusts and Estates law firm in New York City, has renewed their lease at One Grand Central Place. The lease for the 12,715-square-foot unit has been extended for 11 years. “Our valuable relationship with ESRT was one component in our […]
GENEVA, NY — RealEats, a weekly subscription meal delivery service that makes it simple for people to enjoy the nutritional benefits of real food, has raised $16.3 million in a Series A funding round. The round was led by Hamilton Lane on behalf of the New York State Common Retirement Fund, which participated through its co-investment fund managed by the […]
NEW YORK — Marker Learning, which developed a telepsychology platform that enables the remote administration of learning disability assessments and services, has announced a $4 million seed round led by Primary, with participation from Divergent Investments, Night Ventures, and Operator Partners. Marker Learning will use the funding to expand its team and accelerate its geographic […]
NEW YORK — Buyk, a retail service that promises grocery delivery within 15 minutes, has expanded into Brooklyn, Queens and the Bronx, following the company’s launch in Manhattan in September. The move brings the Company’s total number of dark stores to 20, making Buyk one of the largest and fastest-growing ultrafast grocery delivery services operating […]
NEW YORK — American Express has introduced a new Business Checking account designed for small and mid-sized (SME) businesses. This fully digital Business Checking account offers a secure, high-yield, and low fee digital banking experience with interest rate of 1.1% on balances up to $500,000. The checking account connects with existing American Express Credit Cards […]
NEW YORK — Obligo, a fintech company that offers products to build trust between renters and landlords, has announced a Series B funding of $35 million led by investor 83North. Additional investors participating in the round include HighSage Ventures, 10D, Entrée Capital, Alumni Ventures, MUFG Innovation Partners, La Maison Partners and other strategic investors. Combined with its recent Series A round, Obligo has […]
Hyatt Hotels Corporation has opened Thompson Central Park New York from award-winning lifestyle hospitality brand, Thompson Hotels. Located steps from the southern edge of Central Park on West 56th Street between Sixth and Seventh Avenues, Thompson Central Park New York opens in the former space of the Parker New York. Starting at $420 per night, […]