The city is trying to renegotiate its deal with Goldman Sachs to avoid $320 million in penalties for delays at the World Trade Center site. [NY Times]
A new ferry service was born Monday, setting sail from Breezy Point, at the tip of the Rockaways, to Lower Manhattan, with a stop in Brooklyn. [NY Times]
Bargain hunting shoppers drove Walmart’s quarterly profits up 22 percent. [NY Times]
Toll Brothers shares drop 30 percent in its second quarter. [NY Times]
The MTA is offering subway passengers with cell phones $25 to fill out a survey on their riding patterns. [NY Post]
Mayor Bloomberg and Senator Chuck Schumer came to blows over the West Side Rail Yards yesterday. [NY Post]
Taconic Investment Partners is giving one of the city’s least popular office towers at 375 Pearl Street a $350 million makeover. [NY Post]
Chinese grocery stores in Flushing have had a surge in customers looking for bargains. [NYDN]
Following Manhattan’s lead, the Bronx is getting its first public pay toilet. [NYDN]
The Federal Aviation Administration has authorized $25.2 million for a new control tower at Long Island’s MacArthur Airport. [NYDN]
Ikea is launching a water-taxi from Lower Manhattan to its new branch that opens in Red Hook in June. [NY Sun]
