Daily business news in the Great State of New York!
DJI, a Chinese manufacturer of drones and creative camera technology, has unveiled its first concept store in the United States on New York City’s Fifth Avenue. As the company’s first concept store in North America, the space welcomes creators, photographers, and storytellers in the New York metro area and beyond to discover and shop DJI’s […]
NEW YORK — Cantor Fitzgerald announced nine senior bankers have joined the firm’s Technology Investment Banking group. The expanded team will focus on enhancing the firm’s coverage expertise across Software, Industrial Technology & Electronics, Internet & Digital Media, Fintech, and Tech Enabled Services, and in key product areas such as M&A advisory and public and […]
NEW YORK — Bespoke Partners, an executive search and leadership advisory service firm for software companies, has opened a New York office to enhance its tailored leadership recruiting services for clients in the Northeast. “Our industry-leading recruiting and placement of executives who drive growth and create value is second to none,” said Eric Walczykowski, Chief Executive […]
NEW YORK — Healthee, a platform for employee healthcare benefits, has raised a $32 million Series A funding round, co-led by Fin Capital, Glilot Capital Partners, and Group11, with strategic partner TriNet (NYSE: TNET) also participating. Focused on enhancing care outcomes and reducing overhead for employers and employees alike, Healthee’s comprehensive platform provides personalized, instant, […]
NEW YORK — Pace University’s Seidenberg School of Computer Science and Information Systems is launching a new artificial intelligence (AI) lab at its New York City campus. The lab will be housed in the brand new, cutting-edge building at 15 Beekman, the dedicated home for Seidenberg. It aims to serve as the central hub of AI for the Pace community, offering training and opportunities […]
NEW YORK — TBWA\Chiat\Day New York announced Emily Wilcox will be its new CEO. Emily is joining TBWA on April 1 from ad agency Johannes Leonardo, where she held the role of CEO. It’s the first move from new United States CEO, Erin Riley, after she took the reins of TBWA\Chiat\Day’s agencies in New York, Nashville, and Los Angeles. As […]
United announced it is expanding its global route network, adding new non-stop flights between New York/Newark-Marrakesh, Morocco; Tokyo/Narita-Cebu, Philippines and Houston–Medellin, Colombia. United will also increase flying to popular destinations across the globe including Hong Kong; Seoul, South Korea and Porto, Portugal. Additionally, the airline will add four weekly flights between Los Angeles and Shanghai as the Chinese and U.S. governments recently agreed to increase flights between […]
NEW YORK — EasyKnock, which operates a home equity solutions platform, announced the completion of a $28 million Series D funding round. Northwestern Mutual Future Ventures, the venture capital arm of Northwestern Mutual, joins new and existing investors in the round. EasyKnock plans to use the new funding to advance the development of its platform, […]
NEW YORK — Manhattan Mini Storage, the largest storage provider in New York City, announces that the former Public Storage building at 155 West 29th Street is now managed and operated by Manhattan Mini Storage. The addition of this property to the Manhattan Mini Storage brand marks the twenty-first location in the boroughs with eighteen properties […]
NEW YORK — Claroty, a cyber-physical systems protection company, has secured $100 million in strategic growth financing. Participants include lead equity investor Delta-v Capital, as well as AB Private Credit Investors at AllianceBernstein, Standard Investments, Toshiba Digital Solutions, SE Ventures, Rockwell Automation, and Silicon Valley Bank, a division of First Citizens Bank. Combined with Claroty’s existing $635 million in […]
Governor Kathy Hochul announced a five-point plan to utilize state resources to protect New Yorkers on the subways. This includes sending the National Guard and NYS Police to assist the NYPD with bag checks, a new bill that would permit transit bans for individuals that assault other passengers, adding new cameras to protect conductor cabins, […]
Whole Foods Market — a subsidiary of Amazon — plans to introduce a new, quick-shop store format designed for urban neighborhoods. The new format, called Whole Foods Market Daily Shop, will initially launch on the Upper East Side in Manhattan with additional locations in New York City to follow. The first store, located at 1175 […]
Amtrak is increasing Northeast Regional service to provide additional travel options throughout the East Coast. This includes four additional weekday roundtrips and two new weekend roundtrips between Moynihan Train Hall at New York Penn Station (NYP) and Washington Union Station (WAS), and a new weekday morning departure from William H. Gray III 30th Street Station (PHL) […]
HYDE PARK, NY — Shaner Hotel Group — a Pennsylvania-based hotel owner and operator — has opened the Inn at Bellefield Residence Inn, a 136-room all-suite hotel. The Marriott-branded hotel is located on Route 9 right across from the Culinary Institute of America in the heart of New York’s Hudson Valley. The hotel is the […]
NEW YORK — Empire State Realty Trust has signed a new 11-year office lease with Sol de Janeiro USA – a luxury skincare and beauty brand – for 57,203 square feet at One Grand Central Place. Sol de Janeiro is a subsidiary of French beauty brand L’Occitane, who recently signed a separate 9,497 square foot […]