New York City’s top business advocacy group slammed Gov. Kathy Hochul’s one-year ban on new construction of high-powered data centers in the state, calling it counterproductive and anti-commerce. Hochul signed an executive order last week enacting a one-year statewide moratorium on new “hyperscale” data centers that need at least 50 megawatts of power to run on, arguing … [Read more...] about Top NYC business group opposes Gov. Hochul’s one-year data center ban
NYC Business
Why NYC companies are betting on big office space
Jumbo city tenants are looking far into the future and not the pandemic past by exploring options and committing to new spaces. Inking deals at $200 per foot has become the old $100 per foot, while $300 per foot has been achieved at both One Vanderbilt and L+L Holding’s 425 Park Ave. which officially opens today. “New buildings are the clear winners and the … [Read more...] about Why NYC companies are betting on big office space
Where U.S. companies have to share salary ranges with workers by law
New salary transparency laws are rolling out across the U.S. As of Jan. 1, three new states — California, Rhode Island and Washington — joined the chorus of states, cities and counties enacting salary transparency laws intended to give workers more leverage to negotiate their earnings and close wage gaps. For years now, new laws have passed that aim to protect … [Read more...] about Where U.S. companies have to share salary ranges with workers by law
‘A part of history’: NYC’s first legal weed store is open for business
A tin of watermelon gummies and an eighth of weed labeled “Banana Runtz” were the first products sold in New York’s first legal recreational marijuana market, which got off the ground with a single dispensary on Thursday in the East Village. The honors went to Chris Alexander, executive director of the state’s Office of Cannabis Management, who shelled out $96 for … [Read more...] about ‘A part of history’: NYC’s first legal weed store is open for business
Skillshare Taps Veteran Tech Dealmaker Susan Agliata as Vice President of Business Development
Skillshare, the world's largest online community for creativity, today announced Susan Agliata as Vice President of Business Development, effective immediately. In this role she will be tasked with fostering strategic partnerships to further extend the power of Skillshare's creative platform, content, and community. Susan will report to Skillshare CFO, James … [Read more...] about Skillshare Taps Veteran Tech Dealmaker Susan Agliata as Vice President of Business Development
Glenwood Management And CarbonQuest Announce Deployment of First-of-its-Kind Building Carbon Capture Tech in Five NYC Buildings
.jpg "Glenwood Management And CarbonQuest Announce Deployment of First-of-its-Kind Building Carbon Capture Tech in Five NYC Buildings")
CarbonQuest, a leading carbon capture technology provider supporting onsite building decarbonization across the real estate sector, today announced that the company’s revolutionary technology will be installed in five multifamily properties owned by Glenwood Management (‘Glenwood’) in the first three months of 2023. With CarbonQuest serving as the only modular … [Read more...] about Glenwood Management And CarbonQuest Announce Deployment of First-of-its-Kind Building Carbon Capture Tech in Five NYC Buildings
NYC delays enforcement of law aimed at identifying bias in AI hiring tools
Following criticism from tech watchdogs and business interests alike, New York City will take more time to work out kinks in a new law intended to identify biases in high-tech hiring tools. Even before it went into effect on Jan. 1, the measure billed as a trailblazing racial equity initiative stirred confusion. The city’s Department of Worker Protection announced … [Read more...] about NYC delays enforcement of law aimed at identifying bias in AI hiring tools
Mayor Adams Takes Major Steps to Help New Yorkers Access High-Quality Housing More Quickly, Move Fro
Video available at: https://www.youtube.com/watch?v=CdPWAeo4YQA Reforms to CityFHEPS Housing Voucher Program Will Expand Eligibility, Help New Yorkers With Vouchers Access Homes More Quickly and Stay Stably Housed "Street to Housing" Pilot Will Provide New Yorkers Experiencing Unsheltered Homelessness With Supportive Homes, Connect Them to Resources to … [Read more...] about Mayor Adams Takes Major Steps to Help New Yorkers Access High-Quality Housing More Quickly, Move Fro
Applications open for NYC casino bids; Times Square location could be in the cards
Times Square On Jan. 3, the New York Gaming Facility Board unanimously voted to issue a request for applications for up to three new casinos in New York State. Applications will be for the license to build a full-fledged casino; the asking price for each license is $500 million and the application fee is $1 million. These proposals will be evaluated in two stages; the … [Read more...] about Applications open for NYC casino bids; Times Square location could be in the cards
Community Board 4 Wants Shared Street on W. 22nd
A Manhattan community board is calling on the city to turn the embattled W. 22nd open street into a permanent shared street and to keep the current traffic limitations in place in the meantime — the latest twist in a saga that has seen the popular play street under fire from a small group of opponents. On Wednesday night, Community Board 4 voted overwhelmingly in … [Read more...] about Community Board 4 Wants Shared Street on W. 22nd