Daily business news in the Great State of New York!
Hyundai Motor Company and the Whitney Museum of American Art have announced a new 10-year partnership that enables artists to test their aspirations and incubate their creativity. Hyundai Motor will support an annual commission located on the museum’s expansive fifth-floor terrace in addition to supporting the Whitney Biennial. The Whitney Museum of American Art, founded […]
NEW YORK – Verizon wants to improve the customer experience and is forming an organization dedicated solely to creating the best experiences for customers and employees. Under Verizon Consumer CEO Sowmyanarayan Sampath, Brian Higgins [photo above] has been appointed as the company’s first-ever Chief Customer Experience Officer for the consumer group. Former Walmart executive Dory […]
ROCHESTER – The Bonadio Group, a nationally ranked Top 50 CPA firm, has announced the partner promotions of 11 leaders across the firm’s Rochester, Capital, Western New York, and Central New York regions. The appointments support the firm’s continued growth and its goals to enhance the client and employee experience, foster professional development opportunities, and expand […]
As Taylor Swift would say: “Are You Ready for It???” Apple CEO Tim Cook was in New York Friday for the official worldwide launch of the company’s newest tech device — Apple Vision Pro. [Photo above: Apple CEO Tim Cook at the company’s Fifth Avenue store with Senior VP of Retail Deirdre O’Brien.] Priced at […]
MANHASSET — Seventy years after North Shore University Hospital (NSUH) first opened its doors, the Level I trauma center and quaternary care teaching hospital has completed the Petrocelli Surgical Pavilion, a decades-long project that will transform health care in the region. The $560 million, 288,000-square-foot tower will complement nationally recognized cardiac, neurosurgery and transplant programs. […]
NEW YORK — Skin care company Clinique and Icahn School of Medicine at Mount Sinai announced a philanthropic partnership to establish the Mount Sinai-Clinique Healthy Skin Dermatology Center with a $5 million donation. The Center will develop research in dermatology, exploring the biological underpinnings of how skin ages, skin allergies and inflammatory or eczematous skin […]
LuxUrban Hotels Inc. has signed and funded a 15-year Master Lease Agreement (MLA), plus two, five-year options, to operate The James NoMad Hotel in New York City. LuxUrban expects that The James will be rebranded as The J Hotel by LuxUrban, a Wyndham Grand Hotel. The Company expects to take possession of the property and […]
NEW YORK — Rokt, an e-commerce technology company, announced an investment of $17.6 million to expand operations at its headquarters in New York City. To accommodate its growing workforce, Rokt will lease an additional 34,000 square feet of space at 175 Varick Street, bringing its total occupancy in the building to over 100,000 square feet. Rokt will renovate […]
The U.S. National Science Foundation (NSF) has designated the New Energy New York (NENY) Storage Engine as a Regional Innovation Engine (NSF Engine) as a part of President Biden’s Investing in America agenda. The NENY Storage Engine, anchored at Binghamton University in New York’s Southern Tier Region, will receive up to $15 million for two […]
Governor Kathy Hochul announced the launch of the State’s new Farm Employer Overtime Credit advance portal, which is now open for farmers to register and begin preparing the documents they will need to apply for reimbursement. Later this year, eligible farm employers may apply to the Department of Agriculture and Markets for a certificate of […]
Rizzoli and Mattel, Inc. announced it will publish BARBIE: THE WORLD TOUR (ISBN: 9780789345578, $55.00 US, Rizzoli New York), a new illustrated book capturing all the glamour and high style of the most popular doll in the world. For the press tour following the record-breaking release of Greta Gerwig’s award-winning Barbie movie, producer and star […]
NEW YORK — Empire State Realty Trust, Inc. has signed Greater New York Mutual Insurance Company (GNY Mutual) for a new full-floor, 52,116 square foot space at the world-famous Empire State Building (ESB). GNY Mutual has served policyholders since 1914 and earned an A+ (Superior) rating from A.M. Best for more than 30 consecutive years. [Photo […]
Sixteen school districts were designated to be in some level of fiscal stress according to New York State Comptroller Thomas DiNapoli’s Fiscal Stress Monitoring System for the school year (SY) ending June 30, 2023, up from 14 districts in fiscal stress the prior year. This number is well below the 33 designated in stress in […]
MISSION: IMPOSSIBLE – DEAD RECKONING, the latest film in the Mission Impossible series, is now available to stream on Paramount+ in the U.S. and in Canada. The film will premiere in additional Paramount+ international markets beginning in February 2024. This is the seventh film in the Mission Impossible movie series — all starring Tom Cruise […]
Damian Williams, the United States Attorney for the Southern District of New York, and James Smith, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), announced that Morgan Stanley & Co. entered into a non-prosecution agreement (the “NPA”) with the U.S. Attorney’s Office and agreed to […]