Today, a panel of arbitrators ruled against Ground Zero developer Larry Silverstein in many respects on his longstanding dispute with the Port Authority, which owns the land. But the arbitrators also handed Silverstein a big victory -- one Read More
Tag: New York City
You'd think the author of aslamming the "too big to fail" doctrine and calling for smarter financial regulations would find something to like in President Obama's . But in , Nicole argues that Obama's latest gambit would leave New York with "the w Read More
Governor Paterson's 2010-11 Executive Budget carries a hidden New York City personal income tax (PIT) increase for the city's wealthiest households. The increase would result from adoption of Paterson's proposed changes to the state School Tax Rel Read More
New York is running out of cash, Comptroller Thomas DiNapoli today. The situation would be worse if Governor Paterson had not , prompting the New York State United Teachers union to file a against him. But don't worry-- will soon be bailing us Read More
is this week's most-hated transit provider, leaving 100,000 passengers stranded in London, Paris, or somewhere in between because mucked up the high-speed trains that carry people in the undersea tunnel between Britain and France. Read More
Are New York's public authorities fixed? Little more than a week ago, Gov. Paterson signed a bill to ." But State Senator Bill Perkins of Harlem thinks that the convolutions New York's Empire State Development Corporation (ESDC) put itself through t Read More
New York City's independent budget office (IBO) that Gotham will take in $1.3 billion more than the mayor is projecting over the rest of this fiscal year and next. The extra cash will alleviate some pressure on the city's projected (itself already Read More
Fresh from a key court victory, Albany's Empire State Development Corporation (ESDC), via its subsidiary, the Brooklyn Arena Local Development Corporation (BALDC), yesterday approved the issuance of up to $800 million in bonds for the construction o Read More