NYC Economy

Manufacturing Decline and New Business Growth in New York

News Summary The Empire State Manufacturing Survey highlights a continued decline in manufacturing activity for the fourth month in a…

1 month ago

ESRA Realty Celebrates 100 Years of Black Ownership

News Summary ESRA Realty & Property Management marks a significant milestone as it celebrates 100 years of continuous Black ownership…

1 month ago

Wall Street Suffers Major Losses Amid Israel-Iran Tensions

News Summary Wall Street faced significant declines as escalating tensions between Israel and Iran rattled global markets. The S&P 500…

1 month ago

Mass Exodus from New York City Due to Rising Living Costs

News Summary New York City is experiencing a significant outmigration with over 481,500 residents leaving for more affordable living conditions…

1 month ago

West Shore Business Improvement District Boosts Industrial Growth

News Summary The West Shore Business Improvement District (WSBID) in Staten Island is emerging as a crucial hub for industrial…

1 month ago

New York State Announces $42 Million Infrastructure Investment

News Summary New York State has unveiled two major rehabilitation projects for Interstate 88, totaling $42 million, aimed at improving…

2 months ago

New York City Emerges as a Leader in Artificial Intelligence

News Summary New York City is positioning itself as a global frontrunner in artificial intelligence, with OpenAI highlighting the city’s…

2 months ago

Businesses in New York Raise Prices Due to Increased Tariffs

News Summary A recent survey by the Federal Reserve Bank of New York reveals that businesses in the region are…

2 months ago

Sam Altman Discusses AI’s Economic Future in NYC

News Summary In a recent gathering in New York City, OpenAI CEO Sam Altman addressed the future of artificial intelligence…

2 months ago

New York Ranks Second Most Expensive State for Startups

News Summary A recent study by Simplify LLC reveals that New York is ranked as the second most expensive state…

2 months ago