NEW YORK CITY

Manhattan millionaire Ed Bazinet went on a rather peculiar shopping spree at the Javis Center New York International Gift Fair, where he ordered $20 million worth of knickknacks just before he was taken to a mental hospital, according to the New York Post.

Some New York Knicks fans may think of Madison Square Garden as the team’s home, but the Trump Towers might be a more accurate answer. And we’re not talking about “The Apprentice” creator’s New York City location. The “Linsanity” epidemic has breached the boroughs and spread to Westchester County’s White Plains, where Knicks’ star Jeremy Lin will be living in the city’s Trump Towers. But locals say it isn’t surprising to see sports stars frequenting the downtown area’s establishments.

Mayor Michael Bloomberg, who has taken a lot of heat from his decision to ban worship services from public schools, defended his administration's decision Monday.

The Malkin family, owner of the Empire State Building and other properties in New York and Connecticut, has filed for an initial public offering that will allow the public to own a piece of the storied Art Deco landmark.

An audit released this week called the Port Authority of New York and New Jersey a challenged and dysfunctional organization, citing the ballooning costs at New York's World Trade Center. But, for all the turmoil at the site, the Port Authority has taken steps to return it to both the private and public city.

NYSE Euronext posted quarterly operating profit at the top end of expectations with a 13 percent rise helped by strong information and technology services, an area the U.S. group is now looking to as a growth driver.

The Brooklyn police officer who was shot in the head just last week is already walking again, according to the New York Post. 29-year-old Officer Kevin Brennan was shot by Latin King member Luis Baby Ortiz, 21, during a violent encounter at the Bushwick Houses on January 31. He has been recovering at Bellevue Hospital since the incident.

A recent study has revealed that 297 of the 12,000 police officers who first responded to the 9/11 attacks have been diagnosed with cancer, triple the rate before the tragedy according to the Huffington Post. The Patrolmen's Benevolent Association (PBA) released figures that show that the cancer rate among NYPD officers has increased from six per year before the attacks to 16 per year after the attacks.

According to auditors, the new World Trade Center’s building cost has reached an impressive $14.8 billion. The company responsible for building the new World Trade Center has been called “dysfunctional.”

The name Fausat Ogunbayo will probably be remembered for some time. The Staten Island mom has filed a $900 trillion federal lawsuit against the City of New York because it placed her two children in a foster home more than three years ago. Learn more about the 46-year-old West Brighton woman.

A Staten Island mother has filed a $900 trillion suit against the City of New York for taking away her two children and putting them in a foster home over three years ago.

New York, NY - The New York Giants' ticker tape parade on Tuesday created an estimated $38 million boost for downtown Manhattan, according to Mayor Mike Bloomberg.

Thousands of fans took to the streets of New York to cheer on the New York Giants.

The Tribeca Film Institute is expanding beyond New York City for the first time, bringing its Tribeca Teaches program to Los Angeles with an after-school digital storytelling program at Lennox Middle School, the institute said Monday.

Video has emerged of Ramarley Graham, the unarmed 18-year-old fatally shot by an NYPD officer.

A surge in hiring in the world's largest economy last month drove the Nasdaq to an 11-year high on Friday as optimism grew that the labor market is on a steady path to recovery.

Louise Neathaway, who was arraigned yesterday in Manhattan Criminal Court for stalking, harassing and exhorting $6000 from Yankees General Manager, also goes by Louise Meanwell, and has multiple email addresses to match her multiple personalities. She has also impersonated an attorney, according to reports.

A breathtaking photo taken from the crane on the 90th floor of 1 WTC, looking out on downtown Manhattan, the Lower East Side, and New York's East River bridges.

A surge in hiring in the world's largest economy last month drove stocks higher on Friday, with the Nasdaq hitting an 11-year high as optimism grew that the labor market is on a steady path to recovery.

Macy's (NYSE: M) increased its profit outlook as it reported $26.404 billion in sales for fiscal 2011, a 5.6 percent increase year-on, boosted by its strongest fiscal fourth quarter in years and continued growth in online sales.

Rumors that the CBGB might reopen have been confirmed by a spokesperson for the new owners, reports the Local East Village.