Finance

New York City’s Real Estate Landscape Shifts

News Summary Recent changes in New York City's real estate market highlight significant leasing activity, high-value sales, and financing developments.…

2 months ago

Rite Aid Files for Chapter 11 Bankruptcy Again, Closing NYC Stores

News Summary Rite Aid has filed for Chapter 11 bankruptcy protection for the second time in two years, prompting the…

2 months ago

Staff Call for Leadership Change at New York Cannabis Management

News Summary Staff at the New York Office of Cannabis Management have formally requested a leadership overhaul due to mismanagement…

2 months ago

New York Mets Appoint Lew Sherr as Business Operations President

News Summary The New York Mets have appointed Lew Sherr as the new president of business operations, effective July 2025.…

2 months ago

CVS to Close 271 Stores Nationwide as Part of Restructuring

News Summary CVS Health has announced the closure of 271 stores across the U.S. in 2025, following a reduction of…

2 months ago

Establishment of East 125th Street Business Improvement District

News Summary The New York City Council has voted unanimously to establish the East 125th Street Business Improvement District (BID),…

2 months ago

Cuomo’s Mayoral Campaign Faces Increased Scrutiny

News Summary As the mayoral race intensifies, former Governor Andrew Cuomo's campaign strategy is under scrutiny. Critics question his transparency…

2 months ago

New Jersey’s New Pay Transparency Law to Take Effect

News Summary Starting June 1, 2025, New Jersey will implement a pay transparency law mandating businesses with ten or more…

2 months ago

CFB Denies Mayor Adams Public Matching Funds

News Summary The New York City Campaign Finance Board has denied Mayor Eric Adams millions in public matching funds, prompting…

2 months ago

U.S. Court Blocks Trump’s Global Trade Tariffs

News Summary A federal court has ruled against President Trump's global trade tariffs, stating they are not authorized under emergency…

2 months ago