Daily business news in the Great State of New York!
Fans of pop superstar and NYC resident Taylor Swift take note! The Ivory Peacock Bar in Manhattan is holding a Taylor Swift themed brunch this Saturday, March 30 from 12 p.m. to 4 p.m. The price is $34 per person plus tax and 20% gratuity added on. Tickets are required and can be purchased on […]
FLUSHING, NY – The New York Mets have announced that Thursday’s scheduled Opening Day game against the Milwaukee Brewers has been postponed due to forecasted rain. It will be rescheduled for Friday, March 29 at 1:40 p.m. Gates will open at 11:40 a.m. and parking lots will open at 10:40 a.m. Fans holding paid tickets […]
The annual New York International Auto Show begins Friday, March 29 and ends on Sunday, April 7, 2024. Ushering in the latest automotive trends, the New York International Auto Show showcases an incredible collection of cutting-edge design and extraordinary innovation. More than two floors of displays from the world’s automakers feature the newest vehicles will […]
Following a robust public comment period in which the MTA received 25,600 written comments and heard from 386 speakers at four public hearings, the Metropolitan Transportation Authority (MTA) Board, in its capacity as the board of the Triborough Bridge and Tunnel Authority, has approved Central Business District toll rates by a vote of 11 to […]
NEW YORK — Coast, which offers a simple way for companies in the United States to manage fuel and fleet spending, has raised $92 million in new funding. The round includes $25 million in equity capital led by existing investors, including BoxGroup, Avid Ventures, Accel, Insight Partners, and Better Tomorrow Ventures, as well as new investor Vesey Ventures. The company also secured $67 million in committed debt capital […]
NEW YORK — The 49th Macy’s Flower Show is an annual tradition in New York City. In celebration of spring’s arrival, the main floor, balcony, and iconic Broadway windows of Macy’s world-famous flagship store in Herald Square will transform into a breathtaking botanical experience from Sun., March 24, 2024, to Sun., April 7, 2024. The […]
Terreno Realty Corporation, owner and operator of industrial real estate in six major coastal U.S. markets, has acquired an industrial property located in East Williamsburg in Brooklyn for a purchase price of approximately $12.0 million. The property consists of one industrial distribution building containing approximately 24,000 square feet on 0.7 acres. The property is at […]
BROOKLYN — Goalsetter, a spending, saving, wealth building and financial education platform designed for the whole family, has closed a $9.6 million Series A extension round. This newest round for Goalsetter was led by an affiliate of Edward Jones and MassMutual through its MM Catalyst Fund. Series A investors Fiserv, Webster Bank, Seae Ventures, Astia Fund, and Partnership Fund for New York City also participated in the round along with new investors Reseda Group and InTouchCU. […]
NEW YORK — Gravity, the New York-headquartered electric vehicle charging startup, was joined by NYSERDA, Con Edison, Related Companies, Congressman Jerrold Nadler and City officials to open its flagship Midtown Manhattan EV charging center to the public, bringing the fastest charging in the US to the heart of its biggest city. Gravity’s equipment is capable […]
NEW YORK — Private equity firm KKR has agreed to acquire a majority stake in Avantus, a premier U.S. developer of large utility-scale solar and solar-plus-storage projects. Following the close of the transaction, KKR and existing investor EIG, a leading institutional investor in the global energy and infrastructure sectors, will be the sole equity investors […]
NEW YORK — Shake Shack Inc. announced that its Board of Directors has appointed Rob Lynch to the role of Chief Executive Officer and board member, effective May 20, 2024. Mr. Lynch currently serves as President and CEO of Papa John’s International, Inc. and under his leadership, the Company has achieved record global system-wide sales. […]
NEW YORK — Paramount Group announced it has signed a 74,000 square foot lease with Citizens Bank at 1301 Avenue of the Americas, a 1.7 million square-foot Class A office building, located between 52nd and 53rd Streets in Midtown Manhattan. With this lease signing, the Company has made further progress leasing vacant space at 1301 Avenue of […]
NEW YORK — FlexPoint, a payments automation platform for managed service providers (MSPs) and the businesses they serve, has raised $35 million of capital through a combination of debt and equity to fund the growth of the company and its vision to provide MSPs with a financial platform to grow and run their businesses. The […]
The litigation boutique law firm MoloLamken LLP has announced that Lauren Dayton, Jennifer Fischell, and Eugene Sokoloff have been named partners in the firm. Lauren Dayton’s practice focuses on complex disputes and appeals, primarily business disputes and antitrust. Ms. Dayton joined MoloLamken after clerking for the Honorable Steven M. Colloton of the U.S. Court of […]
NEW YORK — HELP ONE Buildings A and B officially opened in East New York at a ribbon-cutting ceremony attended by government officials, community representatives, and building residents, among others. The $129 million development reflects New York City’s and New York State’s commitment to expanding access to safe, affordable housing, especially for the most vulnerable […]