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City News  
Read recent news highlights to keep up with what's affecting the City.
CITY NEWS 
Mayor Announces $95.6 Million Coney Island Deal
NY1 - Nov 12, 2009 01:48 PM
Mayor Bloomberg announced that the city will buy most of the fabled Coney Island boardwalk for $95.6 million, and said he wanted the Brooklyn landmark to be a permanent amusement area.
A Cheap Nest for Fledgling Firms
New York Times - Nov 11, 2009 12:00 AM
The business incubator in SoHo houses 27 fledgling companies in fields including information technology, real estate and film.
Seeking Revival, City to Buy Land in Coney Island
New York Times - Nov 11, 2009 12:00 AM
The city will pay $95.6 million to a developer for land in the Coney Island amusement area, a crucial step forward for the city’s vision of turning the faded and mostly dormant seaside amusement district into an exciting destination reminiscent of its heyday.
It Depends on What Your Definition of Manufacturing Is
New York Observer - Nov 10, 2009 08:27 AM
A software development company is in contract to buy two commercial condominiums in a Time Equities building, and it’s able to do so thanks largely to a bit of lexicographical acrobatics buried deep within the 2009 stimulus plan.
Five Development Projects to Receive Stimulus Money
New York Times City Room Blog - Nov 09, 2009 06:05 PM
City officials have chosen five more development projects, one in each borough, to receive tax-free financing through the federal stimulus program.
City Room: Ask About Entrepreneurship
New York Times City Room Blog - Nov 09, 2009 07:30 AM
Taking Questions: Seth Pinsky, the president of the New York City Economic Development Corporation, responds to readers.
Mayor Announces $95.6 Million Coney Island Deal
NY1 - Nov 12, 2009 01:48 PM
Mayor Bloomberg announced that the city will buy most of the fabled Coney Island boardwalk for $95.6 million, and said he wanted the Brooklyn landmark to be a permanent amusement area.
A Cheap Nest for Fledgling Firms
New York Times - Nov 11, 2009 12:00 AM
The business incubator in SoHo houses 27 fledgling companies in fields including information technology, real estate and film.
Seeking Revival, City to Buy Land in Coney Island
New York Times - Nov 11, 2009 12:00 AM
The city will pay $95.6 million to a developer for land in the Coney Island amusement area, a crucial step forward for the city’s vision of turning the faded and mostly dormant seaside amusement district into an exciting destination reminiscent of its heyday.
It Depends on What Your Definition of Manufacturing Is
New York Observer - Nov 10, 2009 08:27 AM
A software development company is in contract to buy two commercial condominiums in a Time Equities building, and it’s able to do so thanks largely to a bit of lexicographical acrobatics buried deep within the 2009 stimulus plan.
Five Development Projects to Receive Stimulus Money
New York Times City Room Blog - Nov 09, 2009 06:05 PM
City officials have chosen five more development projects, one in each borough, to receive tax-free financing through the federal stimulus program.
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.
It Depends on What Your Definition of Manufacturing Is
New York Observer - Nov 10, 2009 08:27 AM
A software development company is in contract to buy two commercial condominiums in a Time Equities building, and it’s able to do so thanks largely to a bit of lexicographical acrobatics buried deep within the 2009 stimulus plan.
Five Development Projects to Receive Stimulus Money
New York Times City Room Blog - Nov 09, 2009 06:05 PM
City officials have chosen five more development projects, one in each borough, to receive tax-free financing through the federal stimulus program.
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.
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.
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.
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.
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.
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.
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.
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.
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.
$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.
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.
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.
Exodus of young piqued home port developer's interest
SILive - Sep 17, 2009 10:00 AM
N.J. firm to invest $150M to build 800 rental units, stores and restaurants at former Navy base.
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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