New York City's recession likely will linger for the average resident, though technical indicators suggest both the nation and the city have turned the corner, the Fiscal Policy Institute reported on Tuesday.
Income taxes withheld from paychecks earned by people who work in New York City rose 7.1 percent in the first quarter versus a year ago, indicating financial companies in the first quarter showed restraint in handing out cash bonuses, the city comptroller said on Friday.
At the New York auto show, Hyundai unveiled its 2011 Sonata Hybrid with unique approaches in hybrid powertrain design, battery technology and vehicle appearance. The Sonata Hybrid is Hyundai's first hybrid in the U.S. market.
This five-story Gramercy Park townhouse is owned by Carin van der Donk and actor Vincent D'Onofrio (of Law and Order fame) who enlisted architect Peter Himmelstein to completely renovate the structure in 2007.
The 2010 New York City Saint Patrick's Day Parade kicks off Wednesday at 11:00 a.m. starting at 44th Street and Fifth Avenue.
The Securities and Exchange Commission plans to expand its New York office by about 8 percent this year as the financial regulator focuses more heavily on catching cheaters at hedge funds and brokerages.
A second major snow storm struck the Northeast, leaving at least 700,000 homes and businesses without power, and all New York City public schools closed for the day.
Rap music artist, Jay-Z, on Wednesday sued an investment firm and a bank, accusing them of trying to bleed $3.7 million from him over a loan to help him build a hotel on Manhattan's west side.
New York City will have to lay off more than 10,000 public workers, in addition to 8,500 teachers, if the state legislature approves the $1.3 billion of cuts the governor proposed in his deficit-closing budget, Mayor Michael Bloomberg said on Monday.
A group led by Tishman Speyer Properties LP is giving up control of the Stuyvesant Town and Peter Cooper Village apartment complex in Manhattan to creditors, marking the collapse of one of the largest transactions during the U.S. real estate boom.
The joint venture led by Tishman Speyer and BlackRock Inc that owns New York City's vast Stuyvesant Town/Peter Cooper Village apartment complex on Friday said it missed making its full loan payment, moving the deal one step closer toward possible foreclosure.
The joint venture led by Tishman Speyer and BlackRock that owns New York's vast Stuyvesant Town/Peter Cooper Village apartment complex on Friday said it missed a loan payment, putting it in a much-anticipated default.
New York City business activity expanded in December for the fifth consecutive month, though at a slower rate than November, while a gauge of business optimism was at its highest in more than three years, according to an industry report on Thursday.
A project director who helped broker the 2005 sale of Riverside South Properties, one of New York City's largest real estate transactions, has pleaded guilty to a tax evasion charge but is not expected to face prison time.
AT&T has resumed placing orders from iPhone orders on its website, the company said on Monday according to media reports
AT&T has resumed placing orders from iPhone orders on its website, the company said on Monday according to media reports.
AT&T Inc temporarily stopped selling the iPhone on its website to New York City residents over the weekend, raising fresh concerns about the wireless network's capacity in the Big Apple.
Buying the popular Apple Inc iPhone has become more difficult for residents of the Big Apple.
New York City urged New York state on Wednesday to ban natural gas drilling in its watershed, adding unprecedented support to critics who consider the chemicals used to mine for shale gas as poisonous to drinking water.
New York City residents could see their water bills spike by $367 a year if the federal government forces the city to build a $12.3 billion filtration plant, a report said on Thursday.
Just one year after opening, the New York City annex to Cleveland's Rock & Roll Hall of Fame will close its doors on January 3, according to one of the corporate partners in the venture.
Victoria's Secret Fashion Show came back to New York City's Lexington Armory on Thursday night unveiling a new collection of lingerie and elaborate accessories.
