Daily business news in the Great State of New York!
Delta is now welcoming guests to its newest and most exclusive destination: The Delta One Lounge at New York’s John F. Kennedy International Airport. Located between Concourses A and B in Terminal 4, the sweeping 39,000-plus-square-foot Delta One Lounge – the first of its kind, and larger than any Delta Sky Club – offers a […]
NEW YORK — K Health, an AI Primary Care platform, has raised $50 million in funding led by Claure Group, with participation from investors including Pablo Legorreta (founder and CEO of Royalty Pharma), and existing investors Mangrove Capital Partners, Valor Equity Partners, and Atreides Management, LP. Primary care is a critical part of the US […]
NEW YORK — The law firm of Davis Polk & Wardwell LLP has announced that Aaron Ferner, Zachary Frimet, David Kennedy, Brett McMahon, Michael Senders and Aliza Slansky have been elected partners of the firm, effective July 1, 2024. Davis Polk has more than 1,000 lawyers worldwide. Aaron Ferner is a member of Davis Polk’s Finance […]
The Port Authority of New York & New Jersey is reducing the AirTrain JFK single ride fare by 50 percent starting July 1 through Labor Day to encourage the use of public transit when accessing John F. Kennedy International Airport. A record number of travelers will take to the sky while the airport’s $19 billion […]
NEW YORK — Adonis, a healthcare financial technology platform based in New York City, has raised $31 million in Series B financing led by Point72 Private Investments. Point72 is run by Steve Cohen, owner of the New York Mets. Point72 Private Investments was joined by new investor Kin Ventures, along with existing investors General Catalyst, […]
BROOKLYN — EOS Hospitality, a full-service hotel management company that specializes in operating luxury urban hotels and resorts, has taken over management of The William Vale Hotel, a modern luxury boutique hotel in Williamsburg, marking EOS’s first property in the New York City market. “We are excited to expand the EOS portfolio through the acquisition of a premier urban-resort […]
NewYork-Presbyterian, one of the largest, most experienced transplant hospitals in the nation, performed 953 transplant surgeries in 2023, more than any other hospital in the U.S., according to the United Network for Organ Sharing. This includes heart, lung, liver, kidney, intestine, and pancreas transplants from deceased donors, as well as living donor transplantation for kidney […]
NEW YORK — Anterior, a company using AI to transform healthcare administration, has completed a $20 million Series A funding round. The funding round was led by New Enterprise Associates (NEA), with participation from Sequoia Capital, Blue Lion Global, and Neo. Previously named Co:Helm, the company recently rebranded to Anterior. Anterior is on a mission to unlock doctors and […]
NEW YORK — iVerify, the leader in advanced mobile Endpoint Detection and Response (EDR) solutions, has closed $12 million in Series A funding led by Shine Capital with participation from Exponential Founders Capital, Mischief Ventures, Box Group, Parameter Ventures, Talons Ventures, and Trail of Bits. The new investment will scale the company’s go-to-market operations and […]
NEW YORK — JOGO Health, a medical technology company treating chronic pain and neuromuscular disorders, has closed over $5.5 million in an investment round led by Hourglass Ventures. Due to high demand, the company is opening the round to public retail investors via a Regulation CF community investment round on Wefunder, inviting retail investors to […]
NEW YORK — HYPR, a cybersecurity company, has announced a $30 million investment from Silver Lake Waterman to drive accelerated advancements in technologies to combat the rising threat of generative AI-driven credential-based attacks. HYPR specializes in passwordless authentication solutions and support for its policy risk and identity verification products. Recent research findings from HYPR reveal that 60% […]
BROOKLYN — Floor & Decor, a retailer specializing in hard-surface flooring for homeowners and professionals, has opened its first-ever New York City store. Located on the second floor at 850 3rd Avenue at Liberty Bklyn in Sunset Park, the 129,000 square foot warehouse-format store marks the company’s first official entry into the five boroughs. “Bringing our full-sized warehouse […]
NEW YORK, NY— The New York City Economic Development Corporation (NYCEDC) announced that New York City has more small businesses than ever recorded in city history at 183,000, and released a new report, NYC’s Small Business Recovery: Patterns of Growth in a Changing Economy. The report highlights key trends in small business growth and recovery […]
Warner Bros. Discovery has hired Robert Gibbs as Chief Communications and Public Affairs Officer. In this newly created role, he will oversee WBD’s corporate and business communications as well as public affairs. An experienced and proven communications and public policy leader, Gibbs will officially assume the role on August 5 and report to David Zaslav, […]
NEW YORK — Banana Republic, a brand owned by Gap Inc., has reopened its flagship New York City store. Located in the heart of the SoHo Cast Iron Historic District, at 552 Broadway, between Prince and Spring Streets, the space has been redesigned in collaboration with renowned architect and interior designer Noa Santos, of NAINOA, and creative […]