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Entries from Gothamist tagged with 'business'

March 16, 2008

When cops raided a suspected drug operation in Washington Heights last week, they found that the alleged dealers had a little business going on the side: a day care service. Police arrested Donald Crespo and Akwasiba Radellant not just for drug possession, but child endangerment because the fire alarms in the apartment were deactivated and pacifiers were dirty. One three-month-old child was in the apartment during the raid and has since been returned to her......

Continue Reading "A Day Care for Tots AND a Place to Sell Pot"

February 13, 2008

A lawsuit filed Monday against the City Campaign Finance Board seeks to overturn a recently enacted funding law that opponents assert will just make the City Council richer - and whiter. The recently-enacted campaign finance restrictions reduces the contributions from companies who do business with the city by a whopping 92%. Translation: In a mayoral race, the individual limit on giving is now $400, versus $4,950; in City Council races, it's $250, down from $2,950.......

Continue Reading "Businesses, Pols Ally Against Campaign Finance Limits"

February 12, 2008

Good news about the man who was found in respiratory distress while suspended from the ceiling at a Midtown S&M; club on Friday. The 60-something retired math professor from Montreal woke up yesterday, but he didn't remember the incident. His wife didn't realize what had happened (she was still in Montreal) and told the Post reporter, who relayed the story, "Oh my gosh, I can't believe this." Wow, to hear about your husband's near-death experience......

Continue Reading ""It Was Like Guantanamo For Sexual Deviants""

February 6, 2008

The Waldorf Astoria loves to brag about how every president since Herbert Hoover has been a guest at their hotel, but they rarely disclose what delicacies our rulers savor while there. But starting this month, guests at the Waldorf Towers and diners in the hotel’s Bull & Bear steakhouse can have a taste of presidential luxury that, until now, only taxpayer money could buy. For $330 each, guests in the towers can have a four......

Continue Reading "Waldorf Serves Presidential Meals to All, For a Little Price"

February 1, 2008

2007 photograph of Yahoo billboard in front of a ticker mentioning Microsoft news by Mark Lennihan/AP Giving business analysts something to talk about besides the economy, Microsoft has made an unsolicited $44.6 billion bid for Yahoo!. The offer is at $31/share, which is 62% more than Yahoo's closing price. Microsoft hopes to create efficiencies by teaming up to compete with Google. However, Pioneer Investments fund manager Thomas Radinger told Bloomberg News, "Microsoft is under......

Continue Reading "Microsoft Offers $44.6 Billion for Yahoo, To Create Google-Fighting Powerhouse"

January 29, 2008

from her to you, by lisa.lisa at flickr Today on the Gothamist Newsmap: a shooting on 173rd St. in Manhattan, a robbery/assault on 13th St. in Brooklyn, and an aircraft emergency at JFK airport in Queens. Barnard at Columbia has a new incoming president, snagged from Harvard Business School. Don't miss the Super Bowl sitting in your local precinct's drunk tank. Get your Super Brawling out of the way early the next time someone......

Continue Reading "Extra, Extra"

January 21, 2008

Kimora Lee Simmons is often on official business...shopping! The NY Post caught her out and about with a possibly illegal parking permit recently. Their "eagle-eyed lensman" saw Simmons and boyfriend Djimon Hounsou "shopping at the swanky department store Barneys late last week while her driver dutifully stood guard outside Simmons' Cadillac Escalade, which had a New York Correction Department placard on its dashboard." The placard stated: "This Vehicle Is On Official Business"; must have been......

Continue Reading "Kimora's Car Has Carte Blanche"

January 16, 2008

New York City's Department of Finance is projecting that real estate values in the city will remain nearly flat this fiscal (ending September) year. More precisely, it expects only a 1.4% increase in property values, versus an 18% climb this past year. It will be the slowest increment of growth since Mayor Bloomberg took office in 2002, during a real estate boom that enabled budget surpluses, tax cuts, and astounding growth in city spending. The......

Continue Reading "Real Estate Values Stagnate, Citigroup and Markets Stumble"

January 13, 2008

It's not exactly the cultural or architectural equivalent of the culture-shift that pitted modernism against traditionalism or historicism, but there's a war going on in New York's streets, and it's multirack paper boxes vs. single boxes. On one side are the expensive, well maintained, conservative multiracks that have been introduced into several different Business Improvement Districts (BIDs) around Manhattan. On the other side are the gatherings of cheap-loooking, graffiti- and sticker-covered, molded plastic or metal......

Continue Reading "Street Furniture Showdown: Paper Box Battles"

January 13, 2008

We almost thought that the NY Post website was offering a game of "Which one of these things is not like the other?" But it turns out that celebrities Christina Aguilera, Nicole Richie, Courtney Thorne-Smith and David Alan Grier all had babies. The four babies - two boys (from Aguilera and Thorne-Smith) and two girls (Richie's and Grier's) - were born at Los Angeles' Cedars-Sinai, the hospital where Britney Spears was recently hospitalized and......

Continue Reading "OMG: Celebrity Baby Derby"

January 7, 2008

New Year's resolutions probably started out as some sort of gym propaganda to up membership. Every new year, fitness centers worldwide bulk up their ad campaigns, promote "deals" and promise a better body in just months. With so many options, how does one choose a suitable establishment in which to "get physical"? The Post points to Consumer Reports' new list of gym ratings...and it's slim pickins! Bally Total Fitness scored the lowest with a......

Continue Reading "Bally's Feels the Burn of Consumer Reports "

January 7, 2008

At 93, Ted Kheel could be resting on his laurels as a well-known labor lawyer and negotiator (the NY Times called him the "the most influential peacemaker in New York City in the last half-century"). Instead, he has been crusading, as his Nurture Nature Foundation explains, to address the "fundamental conflict between development and the environment." He has suggested that the subways should become free and will be releasing results from a study to prove......

Continue Reading "Ted Kheel, Founder of the Nurture Nature Foundation"

December 27, 2007

Stores were packed with post-Christmas shoppers, as retailers marked down their products in hopes of boosting holidays sales. So far, holiday period sales are up 3.6%, which is the "lower end" of expectations according to MasterCard Advisors. The question is, will marking down a part of $1,380 shoes to $150 or $1,500 Gucci purses to $750 at Saks Fifth Avenue help? Well, given that people were waiting for doors to open and "not walking......

Continue Reading "Retailers Hope as Shoppers Hit the Sales"

December 6, 2007

Moving can take a real toll on the environment. Think of all the cardboard boxes, the truck(s), the frequent opening of doors to climate-controlled rooms and the products and solutions you use to clean the whole place down for the next tenants because you're an awesome person bucking for canonization. Step one on reducing your impact -- the easiest step -- is recycling. And it's not too hard to find earth-friendly cleaning products. But......

Continue Reading "Veggie-Powered Trucks -- And Employees?"

October 17, 2007

B&H; Photo-Video, the huge photo and video store on 9th Avenue and 34th Street, will pay $4.3 million to settle an Equal Employment Opportunity Commission complaint. The EEOC contended that B&H; paid Hispanic employees in its warehouses less than other workers, many of whom are religious Jews; this is in violation of Title VII of the Civil Rights Act of 1964. Other allegations included that B&H; "failed to promote" and "provide health benefits" to Hispanic......

Continue Reading "B&H; Settles Discrimination Suit For $4.3 Million"

October 14, 2007

A look at some of this week's noteworthy television: The Inspector Lynley Mysteries: In the Blink of an Eye (Sunday, 9:00 p.m., WNET 13; Tuesday, 9:00 p.m., WLIW 21) A paparazzi with ties to the Bosnian conflict is found murdered in the 6th series finale. Fox Business Network (Monday, 5:00 a.m., Fox Business Network) Fox’s new business channel debuts. Check your cable listings for channel, but it apparently will be on channel 43 for Time......

Continue Reading "Noteworthy Television This Week: Come on Down!"

October 4, 2007

Today on the Gothamist Newsmap: Hostages(!) on Geranium and Kissena Blvds. in Queens, a pedestrian struck at Stillwell and Mermaid Aves. in Brooklyn, and a bank robbery on Columbus Ave. and 72nd St. in Manhattan. Knicks coach Isiah Thomas says that the stress of lawsuits are no distraction. He can keep doing what he's doing regardless of legal problems. A boat full of gadget-minded men. There was a stop-off at Liberty Island; and slide......

Continue Reading "Extra, Extra"

September 17, 2007

MUSIC: Last week Craig Finn made a solo appearance amongst the books at Barnes & Noble, tonight he's with his rock band, The Hold Steady, playing another free show. Joining them are the Old 97’s, and newer band, Illinois. A triple-threat lineup with a can't-be-beat pricetag. 5:30pm // 7 World Trade Center [250 Greenwich St] // Free READING: Possibly known more for her role on Project Runway than her fashion direction with ELLE magazine, Nina......

Continue Reading "Pencil This In"

September 14, 2007

The Smart car has arrived in the States, and measuring at 8 feet and 8 inches long and 5 feet wide, the miniscule vehicle got some big attention in the Big Apple this week. The car is around 3 feet shorter than the Mini Cooper, and could probably fit inside most of the gas guzzling SUVs in town. The 1800-pounder will hit the market stateside in early 2008, but will anyone want it? Business Week......

Continue Reading "Small Car, Big City"

September 13, 2007

September 15 & 16: Party at the Red Hook Ballfields Celebrate the extension of the vendors' permit through the end of their season in October and add on extra festivities for Mexican and Central American Independence Day. Caesar Fuentes, the organizing force behind the vendors, promises that "the food vendors committee will host a livelier than usual weekend event - more soccer games, pinatas, music, and a 2 day art exhibit featuring photographs taken by......

Continue Reading "On the Plate: Upcoming Food and Wine Events"

August 17, 2007

With the economy acting as though it's on a roller coaster given concerns about credit and mortgage markets, NYC real estate brokers are feeling the pains. Some potential buyers who would have qualified before issues with the mortgage markets now find themselves struggling to get the loans they need and being asked to put more of their money down. However, we will say it's hard to be sympathetic to someone looking for a $3.3......

Continue Reading "Wall St. Woes Create NYC Real Estate Market Worries"

August 16, 2007

Dow Jones Industrial Average dropped more than 300 points by mid-day as worldwide financial markets worry about the U.S. credit market. The Dow Jones, as well as the Standard & Poor's 500 and Nasdaq, have lost 10% since July, and a strategist at Absolute Strategy Research tells the Times, "The psychology is shifting notably today. When a market drops by 10 percent, people start to feel it in their portfolios. People are used to......

Continue Reading "Stock Market At Its Most Volatile Since 2002"

July 31, 2007

The Wall Street Journal is reporting that Rupert Murdoch's News Corp. has secured the votes necessary to purchase Dow Jones & Co., Inc. which includes The Wall Street Journal itself. The win comes after a lengthy proxy battle in which the Bancrofts––the family that has acted as stewards of the company from afar for more than a century––resisted a very generous overture from Murdoch. The Australian media tycoon eventually won the day by convincing a......

Continue Reading "Murdoch Has Enough Votes to Buy Wall Street Journal"

July 21, 2007

The red tow truck sitting in a crater at 41st Street and Lexington Avenue, right where an 83-year-old steam pipe exploded Wednesday evening, will be towed out today. The Daily News reports that Con Ed is preparing to remove the truck, and because there are live electrical cables in the hole, the "crews may use nylon wire, which won't act as a conductor, to hoist the vehicle from the pit." After the truck is......

Continue Reading "Clean Up, Business Worries at Steam Pipe Explosion Site"

July 13, 2007

New Anchor, Same Old Tardiness There must be something about the morning shift at WABC. After just four days on the job as the permanent replacement for Steve Bartelstein, Ken Rosato, overslept and was late for the 5 a.m. edition of Eyewitness News. We think it is pretty safe to assume that he just overslept, since he probably hasn’t adjusted his body clock fully to the new hours, and that he wasn’t spending the night......

Continue Reading "Television Watching: Tardy, On Guard, and Confident "

July 12, 2007

Something is happening with congestion pricing in Albany, but we're not exactly sure what. It's not put-a-fork-in-it dead yet, but it might be close to it. Or not! WCBS said the plan was "dealt [a] crippling blow", but Spitzer's staff is looking to create a commission that would give Albany the power to scale the plan back. The Daily News said that Assembly Leader Sheldon Silver won't bring his members back to vote on it......

Continue Reading "Congestion Pricing Rashomon"

July 8, 2007

Today on the Gothamist Newsmap: a shooting at Stanton and Rivington Sts. in Manhattan, a homicide on Light St. in the Bronx, and a robbery at Sutter Ave. and Powell St. in Brooklyn. The 72nd St. exit ramp off the West Side Highway is officially closed. Times Square foot and vehicular traffic is held up as an example of why the city needs congestion pricing. Miss New Jersey, Amy Polumbo, received another package of......

Continue Reading "Extra, Extra"

June 28, 2007

Looking for the country's best barbecue? Look no further than your own backyard. The Business Journal ranked New York City the nation's top destination spot for barbecue. Memphis is number 10. Ouch. Ever since Mario Batali blasted food bloggers on Eater, the food blog community has been up in arms, as one might imagine. Off the Broiler and Blogsoop are the latest to chime in. NYC Nosh visits Eight Mile Creek to try to shed......

Continue Reading "Tidbits"

June 28, 2007

The Politicker posted this video of Mayor Mike going after both Republican and Democrats during a Crain's Business breakfast. Specifically, when questioned by WNYC's Brian Lehrer, Mayor Bloomberg said, "I don’t think I disagree with what any national party stands for because I don’t think either national party stands for anything." Cue the cheers! More shocking was Mayor Bloomberg's thoughts on crowded conditions of the 4/5/6, "I take the Lex line most days and......

Continue Reading "Video of the Day: Bloomberg Pooh Poohs Political Parties"

June 25, 2007

In May word was spreading that the famed Gotham Book Mart would be shutting its doors as the owner, Andreas Brown, was forced to pay overdue rent. At that time, the entire contents of the shop ("from rare first-edition John Updike novels to the worn-out oriental rug on the third floor") were sold for $400K at a court-mandated auction. The Post called it an "undignified last chapter for the institution - beloved by the likes......

Continue Reading "Story Isn't Over For Gotham Book Mart"
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