Tag
new york
6 articles
Mamdani's Wealth Tax Push Forces Democratic Donors to Pick Sides
The New York assemblyman's drive for a public bank and wealth taxes is redirecting campaign cash and scrambling lobbying priorities across the Democratic Party.
LIRR Strike Ends, MTA Faces New Budget Pressure
The agreement secures wage increases for unionized workers, forcing the Metropolitan Transportation Authority to absorb millions in additional labor costs
LIRR Strike Threatens Billions as NYC Transit Talks Collapse
Long Island Rail Road unions rejected the MTA's contract offer, pushing 250,000 daily commuters toward a system shutdown that could cost $50 million per day
Hochul's $237 Billion Budget Targets Costs, Sets Stage Against Trump
The spending plan includes $1.5 billion for childcare subsidies and a new infrastructure bond, positioning Governor Hochul as a national economic alternative ahead of 2028
NYC Policy Spat Signals Fiscal Headwinds, Bond Spreads Under Scrutiny
A high-stakes meeting between Citadel CEO Ken Griffin and New York Governor Kathy Hochul highlights escalating policy tensions in the state, prompting concerns over capital flight and municipal bond stability amidst broader macroeconomic uncertainty.
Manhattan Office Rebound: Nine West 57th Street Signals Undervalued Opportunity for SL Green
The successful revitalization of Nine West 57th Street highlights a critical pivot in New York's commercial real estate sector, pointing to strategic adjustments by property owners and potential upside for targeted REITs.