Deloitte, the accounting giant that also happens to be one of the largest tenants looking for office space in the New York City marketplace, has asked the city for up to $21 million in tax credits, in exchange for keeping its headquarters in New York City and increasing its staff size.
The formal request, available Read More
Felicity Leaving the Village? Keri Russell Unloads Duplex
Two years after buying a duplex apartment atop an ancient townhouse at 49 West Ninth Street, newlywed thespian Keri Russell has sold the Village place for $1.5 million.
Ms. Russell once starred in the weepy college-kid soap opera Felicity, which was enough to earn the top-flight two-bedroom, Read More
The newest member of an obscure panel that gives out hundreds of millions of dollars in city tax breaks each year, the Industrial Development Agency, is promising to cast a skeptical eye on the process.
“New York is so vibrant and strong that companies are under significant pressure to be in New York City,” Kevin Read More
The city is planning to finance a set of garages and lots that would add almost 3,000 more parking spaces near Yankee Stadium even though the new ballpark is going to seat 6,000 fewer patrons than the current one.
A hearing Thursday before the Industrial Development Agency, an arm of city government, drew a Read More
The worst part about Tuesday’s vote on a new tax incentive agreement with MetLife, according to a watchdog group that follows corporate subsidies, may have been the fact that the vote was taken without any public notice other than a story in that morning’s New York Times.
Normally, the mayorally controlled Industrial Development Read More
Crain’s reported on Friday that the city had approved some $150 million in aid to New York Law School, to help them expand their Lower Manhattan campus.
The announcement came on the heels of the local law school’s ribon-cutting in the East Village on the school’s first dormitory building, a 13-story monster at 81 Read More
Pataki today pledged his half of the remaining $3.4 billion in Liberty Bonds to Larry Silverstein’s buildings at Ground Zero. That’s a big shift from last week, when the Governor was expected to pool the state’s portion with the city’s and was letting Mayor Bloomberg drive the negotiations. The Mayor wants Silverstein to cede some Read More
