New York State Business News

News Summary New York is ranked as the fourth most expensive state in terms of property taxes, with a median bill of $6,450. However, various

News Summary Amazon has acquired 522 Fifth Avenue in Manhattan, adding 600,000 square feet to its commercial real estate portfolio. This move underscores Amazon’s commitment

News Summary During a recent ceremony at Onondaga Community College, the Small Business Administration recognized several outstanding small businesses and their owners for their contributions.

News Summary New York State has finalized a historic $68.4 billion budget to fully finance the Metropolitan Transportation Authority’s five-year capital plan. This funding focuses

News Summary Rite Aid has announced the closure of all 178 of its stores in New York State next month as the company files for

News Summary Rite Aid has filed for Chapter 11 bankruptcy, planning to close multiple locations across New York, particularly affecting 73 pharmacies in Western New

News Summary New York State will use its reserve funds to pay off a $6.2 billion unemployment insurance debt, as announced by Governor Kathy Hochul.

News Summary Amazon has acquired a 23-story office building at 522 Fifth Avenue, Manhattan, as part of its strategy to enhance its operational capabilities in

News Summary New York Attorney General Letitia James has begun an inquiry into potential insider trading linked to President Donald Trump and his associates amid

News Summary New York City is grappling with a housing affordability crisis 20 months after implementing Local Law 18 (LL18). Intended to improve housing availability,