The Bloomberg administration is preparing to hand another $328 million in tax breaks to its favored developer, The Related Companies, for ... get this ... a fancy shopping mall and a high-end office skyscraper in the Hudson Yards project on the west side of Manhattan. [A early mockup of the finished ... More >>
Low-wage workers and advocates took New York City by storm at the close of last year with mass demonstrations across the city for better wages and work-place conditions. Thus, one might assume that Gov. Andrew Cuomo's call for a $1.50 minimum wage increase during his annual State of the State add ... More >>
The rich are richer than ever, but don't ask them for help
The Mayor remembers the Titans, at any cost
One Depression-era approach to dealing with the unemployed.Those of you who insist on leavening your holiday happiness with doses of grim reality can now check out a new neighborhood-by-neighborhood breakdown of unemployment in New York City, courtesy of the Fiscal Policy Institute. The FPI clai ... More >>
You might think that the middle of a recession spawned by massive corporate malfeasance wouldn't be the best time to propose a giant tax break for corporations. But then, if you're Mayor Mike Bloomberg and Council Speaker Christine Quinn, you might not. Crain's reports today that the dynamic duo of ... More >>
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
From all reports, one of the more common sentiments expressed by strike-bound New York commutersalong with "Is it worth taking the LIRR to Jamaica?" and "I can't feel my fingers!"has been that the transit workers, regardless of whether they deserve a better contract, are being selfish in ... More >>
Hidden costs to the public of Bloomberg's West Side dreams
Will Any of the Possibilities Really Be Considered?
To The Victor Belongs the Toil