Blog Profile / Crain's New York Business
| URL : | http://www.crainsnewyork.com | |
|---|---|---|
| Filed Under: | United States / New York | |
| Posts on Regator: | 8278 | |
| Posts / Week: | 68 | |
| Archived Since: | February 17, 2011 | |
Blog Post Archive
CEO pay, by the numbers
The head of a typical large publicly held company in New York made $12.7 million in 2012, up 4.1% from a year earlier, according to Crain's list of top-paid chief executives. Though the figure was about 27% higher than the national average—$9.7 million—the pace of growth was slower.
Thermostat bill talks heat up in Albany
Environmental activists are increasingly pessimistic that the state Legislature will address several of their top priorities before the 2013 session ends this week, but a third measure, to reduce mercury pollution from discarded thermostats, stands a decent chance of passing, an insider said. Show More Summary
Four months later, possible movement on Bronx elections pick
More than four months after a coup at the New York City Board of Elections forced the resignation of Chairman J.C. Polanco, the Bronx Republican commissionership he held remains vacant. But in recent weeks, the Bronx Republican Party...Show More Summary
Businesses fight uphill battle against tobacco bills
Two politicians and one small business representative gathered outside City Hall Monday in a botched protest against two bills that would curb cigarette sales, claiming that the new legislation would "kill" business owners. The measures...Show More Summary
Liu nabs another building trade endorsement
Comptroller John Liu will receive the endorsement of the 6,000-member Plumbers Local Union 1 on Wednesday, the second building trades union to support his mayoral campaign in recent weeks. The Building and Construction Trades Council...Show More Summary
Right name, wrong district for council candidate
A candidate named Joel Rivera running for the Bronx City Council seat held by term-limited Joel Rivera (no relation) does not live in the district he is hoping to represent. Records show that candidate Joel Rivera recently registered to vote in a different Bronx district. Show More Summary
Brooklyn BAM project wins approval
Despite last-minute protests from local City Councilwoman Letitia James, the BAM South development in downtown Brooklyn won approval at the City Council. The project is an extension of the popular Brooklyn Academy of Music, with cultural space in its base and 300 apartments above. Show More Summary
Locals reject midtown east rezoning
Community Board 5 rejected the city's proposal to rezone east midtown in order to allow for a new generation of state-of-the-art, efficient office towers. In turning thumbs down on the plan in a vote on Thursday the board also issued...Show More Summary
Cuomo doubles down against racinos
Gov. Andrew Cuomo cast doubt on the chances of two of his three end-of-session legislative priorities Tuesday, all but declaring the death of both the Women's Equality Act and anti-corruption packages he had introduced, while confirming his plan to open new video lottery terminals across the state. Show More Summary
Bus battle showdown set for Monday
The fight over intercity buses around Penn Station will spill into public view Monday when the combatants clash at a hearing on new rules proposed by the Bloomberg administration. Locals who want their streets clear are pitted against bus companies angling for choice locations to load and unload passengers. Show More Summary
Bankruptcy bites Barking Dog eatery
The Barking Dog Restaurant is yelping its way into bankruptcy court. XIO Restaurant Corp., which operates the eatery at 150 E. 34th St., filed for Chapter 11 protection on Thursday. The business cited legal disputes with the Affinia Dumont hotel, where it leases space. Show More Summary
Editorial: New York's stupidest law
The scaffold law has been on the books in New York since 1885, and it seems as though businesses have been lamenting it ever since. But lately, this obscure law has morphed from a nuisance into a threat—not just to contractors and property owners, but to taxpayers. Show More Summary
Lehman on track to pay hedge funds, banks
Defunct brokerage Lehman Brothers Inc. is on track to pay hedge fund and bank customers in full after 4 3/4 years in liquidation. New payments starting today will return 100% of their money to all brokerage customers, trustee James Giddens said in a statement today. Show More Summary
City plans to double housing for neediest
The Bloomberg administration will soon seek developers to help double its commitment to create specialty apartment buildings targeted at the city's neediest residents. Under the mayor's New Housing Marketplace Plan, some 15,000 units...Show More Summary
Small firm buys tall Madison Avenue building
The Eretz Group is buying 295 Madison Ave. for nearly $210 million, sources say. The 46-story tower on the southeast corner of the intersection with East 41st Street, is among a roughly $1 billion portfolio of properties being sold off by Manhattan-based real estate investment group Westbrook Partners. Show More Summary
Liu picks up electric endorsement
In a sign of further diffusion of labor support in the mayor's race, Comptroller John Liu on Friday picked up the endorsement of the International Brotherhood of Electrical Workers Local Union 3, a 30,000-member organization with a better-than-average field operation. Show More Summary
Who wins, loses in Oct. 1 runoff
The Republican candidates for mayor woke up this morning with renewed hope for their prospects in the mayor's race. If the Legislature agrees to move the date of a runoff election back to Oct. 1, as appears likely, the odds of a GOP upset just improved. Show More Summary
Stocks rise after U.S. jobs report beats forecasts
Steady growth in hiring last month sent the stock market sharply higher Friday. U.S. employers added 175,000 jobs in May, slightly more than the 170,000 forecast by economists, according to data provider FactSet. More people also began looking for work, another encouraging sign. Show More Summary
Coney Island beach boutique finds its way back
Seven months after Hurricane Sandy, the Lola Star Boutique in Coney Island is back in business, to the relief of owner Lola Star, and the delight of customers who helped rebuild the shop. Part of the reason it took seven months to reopen...Show More Summary
Video: Gauging the value of TV, film's tax break
At Crain's breakfast forum, Hollywood East, film and television industry insiders discussed the impact of their industry's 30% tax credit.