- Harlem startup backed by $12M from Citi, Mastercard aims to close racial wealth gap one bank fee at a time
MoCaFi, a Harlem-based digital banking company, now has the backing of both Citigroup and Mastercard in its mission to close the racial wealth gap. The fintech startup has closed a $12 million...To view the full story, click the title link.
- 13 hours ago 1 Mar 21, 2:58pm -
- Available Manhattan office space hits record high once again
The pandemic is continuing to wreak havoc on Manhattan’s office market, with availability rates in the borough for February hitting yet another record high.The availability rate in the borough...To view the full story, click the title link.
- 14 hours ago 1 Mar 21, 2:13pm -
- Blackstone CEO Schwarzman reaped at least $610M in 2020
Blackstone Group Chief Executive Stephen Schwarzman took home at least $610 million in 2020. That was 20 times more than JPMorgan’s Jamie Dimon, but only the third most remunerative year in the past...To view the full story, click the title link.
- 14 hours ago 1 Mar 21, 2:04pm -
- City will restart $17B in construction projects, de Blasio says
New York City is restarting $17 billion in construction projects, Mayor Bill de Blasio announced Monday.“We are going to get fully back to work with a host of major construction projects, capital...To view the full story, click the title link.
- 15 hours ago 1 Mar 21, 1:19pm -
- Cuomo sorry for remarks aide 'misinterpreted' as harassment
Gov. Andrew Cuomo acknowledged for the first time Sunday that some of his behavior with women "may have been insensitive or too personal,” and said he would cooperate with a sexual harassment...To view the full story, click the title link.
- 15 hours ago 1 Mar 21, 12:29pm -
- Democrats shelve minimum wage tax plan to speed work on stimulus
Senate Democrats are jettisoning a proposal to use the tax code to penalize corporations that don’t raise the minimum wage for their lowest-paid workers in an effort to keep President Joe Biden’s...To view the full story, click the title link.
- 16 hours ago 1 Mar 21, 12:10pm -
- Wall Street is set to learn how tough Biden’s watchdogs will be
President Joe Biden’s plans for a new era of tough Wall Street oversight will take center stage this week when two of his top regulator picks face questions from Senate Banking Committee members at a...To view the full story, click the title link.
- 16 hours ago 1 Mar 21, 11:56am -
- Albany foot-dragging is jeopardizing $1.3B in housing support
Families in every neighborhood of the five boroughs behind on their rent payments should circle Sept. 30 on their calendars. That’s the day the U.S. Department of the Treasury will take back New...To view the full story, click the title link.
- 18 hours ago 1 Mar 21, 9:56am -
- As March rolls in, so do optimistic signs for the city's anticipated recovery
There are signs that things are beginning to shift in the city.In addition to the hastening of spring, felt in the uptick in temperatures last week, New York is taking baby steps toward a greater...To view the full story, click the title link.
- 20 hours ago 1 Mar 21, 8:15am -
- The post-brunch open house is dead, but deals still get made during the pandemic
Morgan Lydon was frustrated. The Compass agent had moved from New York to Florida in the spring after realizing that quarantining with a golden retriever in a small apartment wouldn't be practical,...To view the full story, click the title link.
- 20 hours ago 1 Mar 21, 8:00am -