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Tourist Choppers Facing Council Regulation—and Port Authority Lawsuit

The City Council is holding hearings on a bill that could block tourist helicopters from using city launch and landing pads—but one of the biggest companies in the industry will be in hearings early next year over almost $300,000 in unpaid fees the Port Authority claims it owes for using Downtown Manhattan Heliport when a New York State entity ran the site. 261 more words


De Blasio Taps Business Commissioner to Replace Bloomberg EDC Head

Mayor Bill de Blasio announced today he was replacing New York City Economic Development Corporation President Kyle Kimball—who left the position earlier this year after being one of the few Bloomberg administration officials to survive the regime change—with Small Business Services Commissioner  300 more words

Michael Bloomberg

Meet 10 budding tech stars who aren't even 20 years old

When Raquel Hosein was 16 years old, she fell down a flight of stairs and hit her head. The injury led to chronic seizures. Many, if not most, teenagers might find the newfound ailment to be debilitating. 641 more words


Inside the Brooklyn Army Terminal

Let me be the first to point out that the Brooklyn Army Terminal is far from abandoned. It’s actually one of the most vibrant hubs of industry remaining on a Brooklyn waterfront that was once dominated by factories, warehouses, and refineries, many of which have  953 more words


NYC Tech Talent Draft Virtual Panel

Last week I (Emma) was honored to participate in a virtual panel for NYC Tech Talent Draft program run by NYC Economic Development Corporation (NYCEDC). 192 more words


Air Rights for Affordable Housing: City Pitches LIC Development Deal Swap

The city is, for the first time, offering a new deal to developers of affordable housing: free air rights. The Economic Development Corporation has issued request for proposals that makes developers a novel pitch: development rights, at no cost, in exchange for a “permanently affordable housing program that maximizes both the number of housing units and the level of affordability,” according to the EDC. 399 more words

Affordable Housing

Is The Coffee Business Getting More Competitive?

What’s your favorite coffee shop?

10 years ago, it seems like the only realistic answer to that question was Starbucks or Dunkin’ Donuts. At the… 1,161 more words