Thompson Warms to IDA Role, Assails Related Companies’ Bronx Plans

A seat on the board of the Industrial Development Agency is not the most illustrious post in city government. The agency devotes itself to arranging and approving tax incentive packages and tax-free financing for various industrial and commercial city firms, and the board itself is controlled by the Bloomberg administration, which appoints the chairman.
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Fear and Grouting In New York

Each February, southern Florida traditionally gets a fresh injection of hearty New York accents, as the city’s construction industry temporarily transports itself to the oceanfront city of Hollywood for an annual summit of unions and contractors, among others.

In recent years, when the building boom overwhelmed contractors and unions with more work than anyone Read More

Related Gives M.T.A. $8 M. as Consolation for Rail Yards Delay

[Correction appended]

With the economy sinking around him, Stephen Ross and his Related Companies have successfully delayed purchasing development rights to the West Side rail yards by a year, as the M.T.A. sent out a statement this evening announcing a one-year extension of the “conditional designation” period.

With financing near Read More