Health care providers cut federal workers a break

Several area health care providers are offering discounts to furloughed federal employees.Hackensack Meridian Health, a 17-hospital New Jersey health system, said it will waive furloughed federal employees’ out-of-pocket payments, such as copays and deductibles, for emergency and urgent care visits. The health system’s facilities stretch from Bergen to Ocean County. The offer will apply to all family members who are insured through the affected government employee’s policy.The shutdown, which reached day 28 on Friday, is the longest in U.S. history and affects 800,000 federal employees, …

NY still sending billions more to feds than it gets back

The difference between what New York pays in federal taxes and what it gets back from Washington is still the worst in the nation, according to a new report.New York’s balance of payments—the revenue… To view the full story, click the title link.

Gowanus rezoning plan expected next week

Developers and planning experts expect the city to reveal its rezoning plan for Gowanus as early as next week. The zoning proposal would be a major step in the de Blasio administration’s vision to remake the once-industrial Brooklyn neighborhood, which in recent years has welcomed a smattering of high-end residential development and trendy bars and restaurants.The city released a preliminary zoning plan during the summer that broadly outlined where it would like to add density and spur residential and commercial development. The upcoming zoning proposal is expected to provide greater detail, including the specific size allowances for new development in the low-…

Record $13 billion in venture money boosts NY tech firms

Venture capitalists poured a record-high $13 billion into New York-area tech companies last year as the city’s tech community continued to expand at a breakneck pace, according to the MoneyTree… To view the full story, click the title link.

New York City’s first official esports team hosted a Brooklyn pop-up shop with celebrity appearances and tons of video games, and fans couldn’t get enough of it – Business Insider

New York City’s first official esports team hosted a Brooklyn pop-up shop with celebrity appearances and tons of video games, and fans couldn’t get enough of it Business InsiderThe New York Excelsior, which competes in the Overwatch League, is NYC’s first official esports franchise. We visited their pop-up shop in Brooklyn, where fans …

Apollo is said to be considering bid for GE’s jet-leasing business

Apollo Global Management LLC is talking to bankers about lining up debt to buy all or part of General Electric Co.’s jet-leasing business, which could be worth as much as $40 billion, according to people familiar with the matter. The New York-based alternative asset manager has met with lenders to secure about $30 billion in financing to purchase GE Capital Aviation Services as potential buyers circle one of the ailing manufacturer’s crown jewels, said the people, who asked not to be identified because the matter…

Taxi and Limousine Commission head to step down

Meera Joshi, CEO and chairwoman of the Taxi and Limousine Commission, plans to step down from her role in March, Mayor Bill de Blasio announced Saturday. A source told Crain’s Friday that Joshi had… To view the full story, click the title link.

Book of lists: Look who’s taking a leading role in New York’s legal industry

See all of Crain’s data lists here In just three years, Kirkland & Ellis has grown massively. The company, ranked 12th on the 2015 Crain’s list of New York’s largest law firms, has increased its local lawyer count by 61% to climb into the No. 4 spot. Much of that growth has come in its corporate and securities practice, where Kirkland’s attorney count has nearly doubled in three years. The 110-year-old firm’s expansion in this area is by design, said Peter Zeughauser, who chairs the Zeughauser Group legal consultancy. “There aren’t many firms like Kirkland …

Book of lists: Venture funding is flowing

See all of Crain’s data lists here Venture funding is flowing through New York’s tech startups. In the first quarter of 2018, VC-backed companies in the metro area took in $2.6 billion in… To view the full story, click the title link.

Book of lists: Female-owned firms closing the VC gender gap

See all of Crain’s data lists here With the tech field still predominantly male, the 2018 list of Crain’s top venture capital firms is marked by a noteworthy development: three companies run by women took spots in the ranking. The Female Founders Fund, BBG Ventures and Forerunner Ventures each made at least nine investments in New York metro area startups in 2017. “There’s been a massive increase in awareness of how challenging it is for female founders to be funded,” said Vicki Saunders…

Most-read Crain’s stories for 2018

As the year comes to a close, we take a look back at our very own Crain’s reporting as we gear up for 2019. 1) 2) 3)  4)  5)  6)  7)  8)  9)  10)    To view the full story, click the title link.

Inside The Brooklyn Factory That Makes Suits For America’s Most Powerful Men … – Business Insider

Business InsiderInside The Brooklyn Factory That Makes Suits For America's Most Powerful Men …Business InsiderBut Martin Greenfield isn't in the menswear business for the money alone. Greenfield arrived at Brooklyn manufacturer GGG Clothes in 1947 from Czechoslovakia; it was his first job in the States. He carried unfinished garments from one station to the next.

Tour The Beautiful Cemetery Where New York’s Rich And Powerful Were Laid … – Business Insider Australia

Business Insider AustraliaTour The Beautiful Cemetery Where New York's Rich And Powerful Were Laid …Business Insider AustraliaDeep in Brooklyn's interior lies Green-Wood Cemetery, one of the largest and most prominent burial grounds in the United States. In the 19th and early 20th centuries, Green-Wood was a premier final destination, housing … Among the most notable …and more »

NYPD Investigating White Flags Placed On Top Of Brooklyn Bridge – Business Insider

Long Island Business NewsNYPD Investigating White Flags Placed On Top Of Brooklyn BridgeBusiness InsiderNew York City officials don't know why a white flag was flying over the Brooklyn Bridge on Tuesday morning, but the police say they are investigating the matter. Business Insider called the city Department of Transportation, which operates and …Police probing Brooklyn Bridge flag switchLong Island Business NewsNYPD Sees Art Not Terrorism in Brooklyn Bridge Flag SwapBusinessweekPolice probing switch of flags on Brooklyn BridgeLas

Top property sales shift downtown

Nearly $9.8 billion changed hands in New York City’s largest real estate transactions in the first half of 2014, according to a list of the top 25 deals compiled by Real Capital Analytics for Crain’s. That figure was up nearly 9% from the same period a year ago. Office buildings dominated the list, accounting for more than 11 million square feet of space and 17 of the top 25 deals by value, compared to about half of the sales last year. The geographic distribution of properties changing hands followed a recent trend whereby the action has increasingly shifted away from midtown in favor of downtown, where leasing activity has jumped 30% since the beginning of…

Nightclub bankruptcy unearths partner dispute

When the Pink Elephant lounge in Greenwich Village filed for bankruptcy protection on July 7, the club’s demise also unraveled the relationship between its principal owner, Roee Nahmani, and the… To view the full story, click the title link.

Judge nixes suit over Empire State Building IPO

A judge says thousands of onetime investors in the Empire State Building can’t sue over their claims they were shortchanged by the deal that turned the iconic skyscraper into a public stock. A… To view the full story, click the title link.

Greenpoint ferry to reopen as G train shuts down

The long shuttered East River Ferry stop in Greenpoint, Brooklyn, is set to reopen just in time to help ease the strain caused by the Saturday shutdown of a key portion of the G train, city officials… To view the full story, click the title link.