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Why do NYC test scores get worse as the kids get older?"
Tenants of Stuyvesant Town and Peter Cooper Village will gather for a foreclosure auction on Monday in the hope of ending months of uncertainty about the fate of their sprawling Manhattan complex. The FT reports.
Recycling is now possible across much of the country, but a complex web of rules—along with corporate and local government desires to be seen being as “green” as possible—can make it hard to figure out what’s really happening to all that rescued waste. Some companies, like Starbucks, are working to navigate those rules.
New York City’s quasi-military $1.2 billion Department of Sanitation is the largest such municipal operation in the world.
Billionaire hedge fund manager Bill Ackman may find himself on the losing side of a multimillion dollar bet on a big and storied piece of New York City real estate.
New York's financial services sector shed 4,400 year-over-year in August, weighing on the state's unemployment rate, according to the New York Department of Labor's August report released Thursday.
The developer of an Islamic community center near the former site of the World Trade Center is a "low-level" real estate investor more interested in money than a mosque, real estate magnate Donald Trump told CNBC.
Donald Trump's offer to buy an investor's stake where a mosque is planned near ground zero is falling flat.
At the turn of the century, London's Millennium Dome was dismissed by many as a failure and a waste of money after it did not attract the huge numbers of visitors that the government had hoped.
The weather was red hot in New York in July, and so was the private sector jobs picture.
President Obama delivered a strong defense on Friday night of a proposed Muslim community center and mosque near ground zero in Manhattan. The NY T reports.
"With municipal bonds you have to take your tax rate into consideration, the lower your tax rate the less attractive muni's are," Ben Thompson, founding principal of Samson Capital Advisors told CNBC.
Victoria's Secret shut down one of its Manhattan stores after discovering bedbugs inside, making the lingerie and women's apparel retailer the latest merchant in New York City to have problems with the parasites
While the days of the flamboyant “Dapper Don” are over, New York's five major crime families—Bonanno, Colombo, Gambino, Genovese and Lucchese—are still functioning. And more importantly, they’re still making money.
Cleveland, a city that has lost its share of celebrities to New York — John D. Rockefeller and George M. Steinbrenner come to mind — is desperate to keep LeBron James, the N.B.A. All-Star who is up for free agency next month. But New York City, the capital of advertising, is fighting hard to lure him-and his economic impact- to one of its teams.
A new generation of well-educated, tech-savvy owners are launching gourmet street food trucks around the country.
The chance of a bankruptcy filing by the Pennsylvania capital of Harrisburg looms large these days—and it could be just the tip of the iceberg. Some on Wall Street expect more to come this year—as many at 10 municipal bankruptcies.
The potential impact of financial reform on banks is obvious but many small businesses are worried about how it will affect them and their ability to extend credit to customers—or hedge against potential losses.
Public pension costs are ballooning everywhere, throwing budgets out of whack and raising the question of whether venerable state pension systems are viable. The New York Times reports.
If you thought $4 coffee was expensive, get a load of this — one NYC chain is offering a $12 cup of coffee! So, does that mean the recession is officially over?!