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Read recent news highlights to keep up with what's affecting the City.
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New York Is Voted Most Attractive City for Business
Bloomberg - Oct 22, 2009 02:30 PM
New York is the most attractive city for business and innovation, outranking London, Paris and Tokyo, according to Japan’s Mori Memorial Foundation’s second Global Power City Index.
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Pinsky Stays Upbeat Despite Construction Slump
GlobeSt - Oct 22, 2009 09:51 AM
Citing a new Construction Outlook report for 2009-2011, New York Building Congress president Richard Anderson said Wednesday that overall construction spending in New York City was expected to drop by 20% in 2009.
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NYC sees economic gold in green jobs
Reuters - Oct 22, 2009 07:34 AM
Recession-stricken New York City plans to double its current green work force by creating over 13,000 new jobs in the next decade, partly by competing with London to become the new center for carbon trading, a city official said on Wednesday.
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Strong Connections: Improving Accessibility and Promoting Economic Development
NYU Wagner Journal - Oct 19, 2009 10:00 AM
A critical component of economic growth in any region is its accessibility both to and from other regions and within the region itself. Without this accessibility, a region will undoubtedly suffer a competitive disadvantage and, as a result, experience economic decline.
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Mike pushing city's fashion passion
New York Post - Oct 19, 2009 04:06 AM
Mayor Bloomberg is borrowing a page from "Project Runway" in a bid to keep the city's fashion industry from coming apart at the seams, The Post has learned.
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$5M fund launched to spur bioscience startups
Crains New York - Oct 15, 2009 08:38 AM
The city's Economic Development Corp. and the New York City Investment Fund have teamed up on an initiative to fund biomedical research that has advanced beyond academic institutions, but is not yet ready to attract private funding.
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New York helps tomorrow's employers
BBC News - Oct 12, 2009 07:01 PM
Even on a grey Monday morning, the offices at 160 Varick Street, in the heart of Manhattan, are abuzz with creativity, energy and entrepreneurial spirit.
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Retail space fills up at S.I. ferry terminal
Crains New York - Sep 20, 2009 05:59 PM
Four years after the city completed the $340 million renovation of the Staten Island ferry terminal in St. George, retailers are finally beginning to snap up space.
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Aquarium to Renovate With Giant Shark Tanks
NYTimes - Sep 16, 2009 10:00 AM
The New York Aquarium is moving ahead with a $100 million plan to renovate its building in Coney Island and create two massive tanks for more than 30 sharks — about four times as many as now ply the aquarium’s waters.
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Big Brooklyn project gets federal stimulus funds
Crain's New York - Sep 15, 2009 03:15 PM
Developers of the long-promised City Point mixed-use project in Brooklyn will get tax-exempt bonds to advance the construction on the site of the old Albee Square Mall.
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New York Remains Safest Big City
NY1 - Sep 15, 2009 09:05 AM
New York remains the safest big city in America. The latest nationwide FBI crime report released yesterday says crime dropped four percent last year in the city, compared to the year before. That outpaces the national decline.
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New York launches business incubators
Marketplace - Sep 14, 2009 10:00 AM
New York City has a lot of things going for it. But for all its charms and virtues, being known as a place to start up a small business and have it really turn into something isn't one of them. That's a bit of a sore spot for the Big Apple. Maybe for its entrepreneurial mayor, too. The guy who made a billion dollars founding a business news service. So Michael Bloomberg just opened New York's first city-funded startup incubator.
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City looks to expand ferry service for commuters
AMNY - Sep 07, 2009 06:43 PM
Ridership on the New York Water Taxi line running between Manhattan and Long Island City, Williamsburg and Dumbo is up 10 percent from last year, with hundreds of New Yorkers turning to the private ferry service to save time and avoid subway crowding.
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Retailers Take a Chance on a Mall in the Bronx
New York TImes - Sep 01, 2009 10:00 AM
A $500 million shopping center, described as one of the largest private investments ever in the Bronx, has been opening in stages since spring, bringing new stores to a borough with little retailing relative to its population.
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Staten Island Ferry riders clamor for retail shops
SILive - Aug 16, 2009 03:18 PM
Staten Island Ferry riders are still clamoring for more retail options in the St. George and Whitehall ferry terminals, though they are otherwise generally content with ferry service, according to Sen. Diane Savino's Staten Island Ferry Report Card.
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Bloomberg Optimistic about North Shore Rail
SILive - Aug 15, 2009 11:37 PM
Mayor Michael Bloomberg's latest Staten Island campaign stop brought him last night to R.H. Tugs restaurant in Livingston, where, along with James Molinaro, he made rounds shaking hands and joking with diners, before walking out back to take a look at the old rail tracks that run between the shoreline and Tugs' patio.
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Stimulus Aid Planned for Two City Projects
New York Times - Aug 12, 2009 10:00 AM
The Bloomberg administration, moving to restart stalled development in the heart of Downtown Brooklyn, has picked a big housing and retail complex to receive $20 million in tax-exempt bonds financed by the federal stimulus program.
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Gateway Center
This project at Bronx Terminal Market will attract retailers and create a new park for public enjoyment.
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This Queens project includes development of new residential units, retail space and more.
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