House Speaker John Boehner was in his Ohio district yesterday, and told ABC News “I don’t think the big oil companies need to have the oil depletion allowances, but for small, independent, oil and gas producers, if they didn’t have this, there’d be even less exploration in America than there is today.”
Today Senator Read More
It’s no secret that more than a few New York homeowners actually live beyond the boundaries of the Empire State. They own a small apartment in the five boroughs, or a vacation home on Long Island or in the Hudson Valley, but they actually live in New Jersey or Connecticut or Pennsylvania.
Owning a piece Read More
While the city’s economy is showing signs of life, the real estate community knows all too well that property values remain far below what they were at the height of the market more than two years ago. It’s estimated that on a per-square-foot basis, property values have fallen by 38 percent compared with the pre-crash Read More
Felix G. Rohatyn, the titantic Lazard banker, has been much in the news in recent years, as he reflects on his specialities, profligate bankers and broken public finances. Mr. Rohatyn is most often remembered not for the usual business of big deals, though there are those–KKR and RJR Nabisco, Sony and Capital–but his hand in Read More
on the waterfront
Oh, those entitled Brooklyn Heightsies. They decry the thought of condos lining Brooklyn Bridge Park — thus supporting the new greensward’s ongoing maintenance — because it would block their harbor views. Yet they also do not want to pay new taxes to help fund the park, even though the proposal helped State Senator Read More
Planes Trains & Automobiles
A group of 30 transit advocates, environmentalists, planners and labor leaders sent Governor-elect Andrew Cuomo a letter [PDF] this morning with a simple request: Don’t allow, or, god forbid, encourage, the Legislature to continue raiding dedicated transit funds for the purpose of covering budget shortfalls.
The Paterson administration did exactly that not once Read More
When Governor Paterson raised tobacco taxes, anti-smoking advocates were overjoyed. The taxes, they had hoped, would lead to a significant drop-off in sales — maybe even 10 percent.
They weren’t even close. The New York Post reports that since the cigarette levy was upped to the nation’s highest in July, sales have nosedived 27 Read More
It comes along at a certain time each year — that turning point when the wind picks up and the bone-cold air ignites within New Yorkers a craving for something warm to eat. And when this desire sets in, there’s no better way to succumb than to whip up a big, scalding-hot, salt-blasted bowl of Read More