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Blog Profile / Crain's New York Business


URL :http://www.crainsnewyork.com
Filed Under:United States / New York
Posts on Regator:14035
Posts / Week:73.1
Archived Since:February 17, 2011

Blog Post Archive

Gotham Greens puts down roots in Chicago

Growing crops on urban rooftops can be an attractive option even in parts of the country where there's no shortage of earth-bound farmers—and good soil. Brooklyn-based Gotham Greens, a... To view the full story, click the title link...

Despite funding gap, MTA sticking with 4% fare hike

The Metropolitan Transportation Authority is sticking with its 4% fare increase for next year, though that won't fill a $15 billion hole in the agency's five-year capital budget, its chairman and... To view the full story, click the title link.

Square's $150M helps it staff up in SoHo

Mobile payments startup Square's $150 million round means more money to complete a Silicon Alley hiring spree that will take it to 385 employees from 35. The San Francisco-based company has hired 40... To view the full story, click the title link.

Local health startups tackle nutrition

Three New York City startups have been picked to join a local incubator that focuses on health-technology companies. Nutrify, Meals to Heal and Fit4D are part of the most recent class of 13 to join... To view the full story, click the title link.

Hospitals eye profits in insurance

Two decades ago, Montefiore Medical Center started investing millions of dollars in technology and staff to help it deliver better clinical outcomes at lower costs. Now that long-ago investment is... To view the full story, click the title link.

New York to invest $35M in new import-export bank

New York is creating a new import-export bank based on the federal model that will give financing to New York companies looking to sell products overseas. Gov. Andrew Cuomo announced the program... To view the full story, click the title link.

Yext hires CFO who specializes in IPOs

"Geomarketing" services provider Yext has made its most high-profile hire ever with the appointment of Steven Cakebread as chief financial officer. Mr. Cakebread comes with credentials that seem to... To view the full story, click the title link.

For L-3, a whistle-blower may have saved the company

L-3 Communications is a Manhattan-based defense contractor whose revenue has tripled since early last decade. The company grew by making more than 50 acquisitions. But this past July, L-3 warned... To view the full story, click the title link.

Bertelsmann plans to lift Penguin Random House stake

Bertelsmann SE, Europe's biggest media company, intends to increase its stake in book-publishing venture Penguin Random House as early as next year, according to people familiar with the... To view the full story, click the title li...

$420M financing for new condo

Developer Ian Bruce Eichner is back. Mr. Eichner has secured $420 million in financing for a new 800-foot condo tower south of Madison Square Park, according to The Wall Street Journal. More than... To view the full story, click the title link.

Morning 10: Parks funding | Transit benefits | Turner layoffs

Mayor Bill de Blasio is expected to announce $130 million in funding to improve 35 of New York City's smaller parks and playgrounds in less-affluent areas. The City Council is likely to require... To view the full story, click the title link.

NYC cancels phone booth pilot program

The city has scuttled an outdoor media company's project slated to install in payphone booths thousands of transmitters that could track people's movements by sending signals to their... To view the full story, click the title link.

Time Warner's Turner unit to cut 1,475 jobs

Time Warner Inc.'s Turner Broadcasting division will eliminate 1,475 positions, about 10% of its global workforce, as part of a broader initiative to improve profitability. The cuts will affect... To view the full story, click the title link.

Waldorf Astoria's $1.95B sale redeems Blackstone

If you wanted to name the savviest real estate investor in New York, a good choice would be Blackstone Group’s Jonathan Gray. As head of the private-equity giant's real estate division, Mr.... To view the full story, click the title link.

Bear cub found dead in Central Park

A bear cub has been found dead under a bush inside New York City's Central Park, and authorities believe the body may have been dumped there. Police say the cub was found Monday morning by a Central... To view the full story, click the title link.

Identity theft ring bought Saks designer goods

Prosecutors say an identity theft and fraud ring used shoppers' stolen information to buy over $400,000 worth of designer shoes, handbags and accessories from Saks Fifth Avenue's flagship... To view the full story, click the title l...

Chinese purchase of Waldorf signals hotel frenzy

True, nothing will change for the average guest booking a room in the tony Waldorf Astoria as a result of the nearly $2 billion sale of the landmark property to a Chinese insurance company. After... To view the full story, click the title link.

Living-wage hike offers limited payoff, big risks

The executive order Mayor Bill de Blasio issued last week that requires tenants at city-subsidized projects to pay their low-wage employees more looks likely to have a limited impact—and could... To view the full story, click the title link.

AIG bailout designed to be punishment, says pol

Former Treasury Secretary Henry Paulson says that the 2008 government bailout of American International Group Inc. was specifically designed to punish the insurance giant. The $85 billion loan... To view the full story, click the title link.

Starlab to land in reborn garment center

Starwood Hotels & Resorts is betting big on the garment center. Next month, the hospitality company will open a 46,000-square-foot office and innovation center, called Starlab, at 417 Fifth Ave.,... To view the full story, click the title link.

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