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.
Why Brooklyn Businesses Are Getting Hit with Signage Fines – NY1
Why Brooklyn Businesses Are Getting Hit with Signage Fines NY1Over the past three years, the number of 311 complaints about business awnings was around 900. This year, it doubled to nearly 1900 complaints.
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.
Brooklyn Gets a Big Block of Solar-Powered Homes and Businesses – Bedford + Bowery
Brooklyn Gets a Big Block of Solar-Powered Homes and Businesses Bedford + BoweryRemember when Governor Cuomo said he’d ensure that half of New York state’s consumed energy would come from renewable sources by 2030? It turns out …
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.
Eli Karp’s Hello Living Blanketing Brooklyn With New Residential Buildings – Jewish Business News
Eli Karp's Hello Living Blanketing Brooklyn With New Residential BuildingsJewish Business NewsEli Karp's Hello Living real estate development firm, possibly the fastest growing developer in Brooklyn, has filed for permits with New York City's Department of Buildings to construct a 23 story residential building at in East Flatbush Brooklyn. This …
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.
White flag surrender symbols replace U.S. flags on Brooklyn Bridge – Business Insider
White flag surrender symbols replace U.S. flags on Brooklyn BridgeBusiness InsiderNEW YORK (Reuters) – Two white flags hung in place of the American flags that traditionally flutter atop the Brooklyn Bridge on Tuesday, baffling New York City officials, police and onlookers. Two U.S. flags usually decorate the towers of the iconic …
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.
Ackman’s ‘death blow’ against Herbalife isn’t
Activist investor William Ackman released the results Tuesday of his hedge fund’s two-year investigation into Herbalife, the nutrition-sales company he’s bet $1 billion is a pyramid scheme. But so… To view the full story, click the title link.
NYPD calls Brooklyn Bridge flag swap an ‘art project’
The New York City Police Department cited art not terrorism as a possible motive of the people who put bleached-out American flags atop the Brooklyn Bridge where the Stars and Stripes usually… To view the full story, click the title link.
Fortune hires WSJ’s Alan Murray as its 17th editor
Fortune magazine, one of the jewels in the Time Inc. crown, has a new editor. Alan Murray, most recently president of the Pew Research Center and a longtime editor at The Wall Street Journal, has… To view the full story, click the title link.
Motorcycle renter lays rubber
Less than two months after Jupiter’s Motorcycle Rental garage in Brooklyn’s gritty Gowanus neighborhood launched a sort of two-wheeled version of Zipcar, its membership has nearly doubled. “We are… To view the full story, click the title link.
NOAA to spend $4.7M to clean Northeast marshes
Nearly two years after Superstorm Sandy pounded the Northeast, communities in Connecticut, New York and Rhode Island are preparing to track down and remove debris from marshland. The National… To view the full story, click the title link.
Morning 10: Verizon microtrenching | Hospitals contract | Downtown deals
Verizon is using a new construction technology called microtrenching to bring fiber-optic strands to every borough except Staten Island. The League of Voluntary Hospitals and Homes reached a… To view the full story, click the title link.