5.7.24 - Roth and Bloomberg agree to ‘clever’ concession to extend HQ lease

' In return for keeping its global headquarters at 731 Lexington Ave., Bloomberg LP struck an unusual deal that could lower its rent by as much as 10%. The exact amount won’t be determined until the new lease takes effect in 2029. Depending on… read more

5.3.24 - The Shocking Way Delta Moved To Dominance In New York, While Competitors And DOT Slept

' Enilria combed through airlines trading their takeoff and landing rights in New York and DC and found something shocking: that Delta managed to obtain slots from Canada’s WestJet that the federal government had fought to keep out of its… read more

5.3.24 - Push grows to expand New York’s liquor shipment, container laws

' State lawmakers want to expand the types of alcoholic beverages that can be directly shipped to New York consumers and how restaurants buy alcohol in the state before legislative session ends in about five weeks.The $237 billion state budget… read more

4.30.24 - Governor Hochul, Industry Leaders and Advocates Celebrate Empire AI Consortium to Make New York a Global Leader in Artificial Intelligence

' Governor Kathy Hochul today gathered industry leaders and advocates to celebrate a historic agreement with the Legislature to establish Empire AI, a first-of-its-kind consortium to secure New York’s place at the forefront of artificial… read more

4.30.24 - Vornado spending $65M to spruce up area around Penn Station for commuters

' Vornado Realty Trust is working on a $65 million streetscape project around Penn Station even as broader plans for transforming the neighborhood remain up in the air. The project aims to make the area more hospitable to commuters by adding a new… read more

4.29.24 - An unthinkable turnaround has happened at New York City’s airports

' There was a time not too long ago that New York’s airports were considered a drag on economic growth of the most populous corner of the country. All three of the Port Authority of New York and New Jersey’s hubs were consistently ranked among… read more