New York taxpayers were moving out even before COVID
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MAY 23, 2022
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New York To Ease Cryptocurrency Regulations
PYMNTS
JUNE 25, 2020
It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules.
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New York To Sunbelt State Tourists: Stay Home
PYMNTS
JUNE 24, 2020
With coronavirus infection rates soaring in the Sunbelt, the governors of New York, Connecticut and New Jersey are teaming up to slap a 14-day quarantine on travelers from states where the deadly virus is spiking. New York Gov. Andrew Cuomo, New Jersey Gov.
New York City Council Bans Cashless Food And Retail Stores
PYMNTS
JANUARY 23, 2020
The New York City Council on Thursday (Jan. Applebaum added that communities of color in New York City are more than twice as likely to lack access to a bank and are less likely to host a branch of a bank than the national average.
Related Cos. CEO Calls For Workers To Come Back To New York City
PYMNTS
AUGUST 27, 2020
Some major New York City retail properties — including the shopping center at Hudson Yards — are only producing 50 percent of pre-pandemic rent, the CEO of major Big Apple landlord Related Cos. This is about bringing New York back to life.
New York Gyms Get OK To Reopen Next Week
PYMNTS
AUGUST 17, 2020
New Yorkers are about to lose one of the reasons for packing on what some healthcare providers are calling the COVID 15, or quarantine 15 — as in 15 pounds of weight gained since the onset of social distancing and the closing of gyms and other public venues.
New York City Sees Surge In Street Vendors
PYMNTS
NOVEMBER 3, 2020
Fast forward 90 years and New York City is suddenly seeing a big jump in the number of street vendors as the jobless try to find new ways to make ends meet, The Wall Street Journal (WSJ) reported. Economy economy new york city News Retail What's Hot
Lowe’s Builds New Image At New York Fashion Week
PYMNTS
SEPTEMBER 14, 2020
There’s a lot that’s new and digital about New York Fashion Week. In fact everything is new from the virtual runways to the individual shows getting precedence over the more general events. Even the sponsorships are new, including home improvement retailer Lowe’s.
Today In Payments: Wirecard Files For Insolvency; New York To Ease Cryptocurrency Regulations
PYMNTS
JUNE 25, 2020
In today’s top news, Wirecard files for insolvency, and New York proposes easing regulations for cryptocurrency licenses. New York To Ease Cryptocurrency Regulations.
Is New York Fashion Week Still In Style?
PYMNTS
FEBRUARY 15, 2020
In many ways, 2020’s version of New York Fashion Week was much like any other year. The idea not only succeeded in New York, but it ignited and went global after the war ended. We’ll see if New York manages to get itself back on trend this fall.
Retailer New York & Co. Will Likely File For Bankruptcy
PYMNTS
JUNE 3, 2020
The parent company of New York & Co. , New York & Co. Retail bankruptcy New York & Co.
New York Sees Most Bank Branch Closures In US
PYMNTS
FEBRUARY 19, 2020
are closing branches, but the New York area is seeing more closures than most, Bloomberg reported on Wednesday (Feb. New branch applications from Chase totaled 43 percent of all new establishments for 2019. Banks across the U.S.
New York & Co. Parent RTW Retailwinds Auctioned For $40M
PYMNTS
AUGUST 31, 2020
Seven weeks after the corporate parent of New York & Co. RTW Retailwinds , a New York-based specialty apparel retailer, announced the Saadia Group agreed to purchase its eCommerce business at a bankruptcy auction Friday (Aug.
Retail Vacancies Spike In New York City
PYMNTS
SEPTEMBER 27, 2019
As New York City ’s vacancy rate has skyrocketed by nearly 50 percent, a report released by City Comptroller Scott Stringer showed that the amount of empty retail space in the city has doubled in the last 10 years or so. Earlier this year, news surfaced that rents were falling and vacancies were rising on New York’s storied Fifth Avenue. Retail brick and mortar new york city News real estate Rent vacancies What's Hot
Major Changes to New York’s SALT Workaround as Part of FY23 Budget Bill
Withum
MAY 4, 2022
New York’s fiscal year 2023 budget bill that was enacted into law significantly expands the benefits of the state’s pass-through entity tax (“PTET”) for many businesses. For context, in January 2022, New Jersey revised its PTET, resulting in it being more uniform with New York’s PTET.
New York Times Posts Blockchain Job
PYMNTS
MARCH 13, 2019
The New York Times newspaper posted a job called “Lead, Blockchain Exploration” on Wednesday (March 13), and later took it down, according to reports. You should bring a deep understanding of the intersection of the New York Times and the evolving space we inhabit in the media technology landscape.”. The New York Times has covered cryptocurrency and blockchain in depth in the past, and published a piece titled “Demystifying the Blockchain” last year.
New York City Restaurants Could Reopen In July
PYMNTS
JUNE 4, 2020
Dining out in New York City could soon be a reality again. More than two months after New York City was locked down to prevent the spread of COVID-19, Mayor Bill de Blasio said his goal is to reopen eateries in July, Bloomberg reported. “We’ll
Credit Card Surcharges OK’ed In New York
PYMNTS
JANUARY 9, 2019
New York has banned the ban. In the wake of court filings this week that effectively ended a challenge to surcharges on credit card transactions in New York, merchants in the Empire State can indeed embrace those fees, contingent upon stating those costs to consumers up front. The merchant plaintiffs and the state of New York filed motions on Jan.
New York City Mulls Fur Sales Ban
PYMNTS
APRIL 2, 2019
Following the lead of other municipalities, New York City could be going fur-free with a proposed law on the horizon. In a progressive and modern city like New York, banning the sale of fur clothing and accessories is long overdue,” Johnson said in a statement, according to the outlet. In the case of New York City, under the proposed law, a fine would range from $500 to $1,500 for businesses selling fur.
New York City Sees Lower Rents Due To Pandemic
PYMNTS
APRIL 16, 2020
The New York City real estate market, battered like other economic sectors by the coronavirus pandemic, is seeing lower rates than it has in almost a decade. Real Estate Coronavirus economy new york city News real estate Retail What's Hot
Amazon Rethinks New York City HQ2 Campus
PYMNTS
FEBRUARY 8, 2019
After facing resistance from politicians and protestors, Amazon is reportedly rethinking its planned New York City campus. While Virginia officials provided the company with an incentive package, the state of New York is not projected to provide final approval for another year. And, even though New York City Mayor Bill de Blasio (D) and New York Governor Andrew M. Amazon ecommerce HQ2 new york city News What's Hot
New York To Let T-Mobile, Sprint Merger Go Forward
PYMNTS
FEBRUARY 17, 2020
The merger of cell phone giants T-Mobile and Sprint won’t face a challenge from New York Attorney General Letitia James, who said Sunday (Feb. Partnerships / Acquisitions 5G California Letitia James merger New York News Sprint t-mobile Telecomm What's Hot Xavier Becerra
Mercari Links With Postmates To Offer Mercari Now Delivery Service In Parts Of New York City
PYMNTS
OCTOBER 6, 2020
Residents of Manhattan and Brooklyn can now use Mercari ’s new Mercari Now service in conjunction with Postmates to sell each other goods without having to physically connect, the company announced in a press release Tuesday (Oct. The company said the New York offering follows a successful three-month trial program in San Francisco. CEO John Lagerling said the company has a loyal user base in New York City.
Great Place to Work and Fortune Name Withum Among Best Workplaces in New York
Withum
JUNE 27, 2022
Withum is proud to share that Great Place to Work and Fortune magazine has named Withum as one of this year’s Best Workplaces in New York. Withum recently installed a new childcare reimbursement program , another benefit highlighting the Firm’s family-first values.
New York City Mayor De Blasio Says Phase 4 Reopening To Start Monday
PYMNTS
JULY 17, 2020
New York City Mayor Bill de Blasio said the city is set to enter the last phase of reopening on Monday (July 20), Bloomberg News reported. New York City is the last state region to enter Phase 4. Coronavirus economy new york city News reopening What's Hot
New York State Of (Cybersecurity) Mind
PYMNTS
AUGUST 28, 2017
As the Sinatra tune goes (a bit paraphrased) … New York: If you can make it there in cybersecurity, you can make it anywhere. The financial services industry is girding for the new regulations by the New York State Department of Financial Services (DFS), which take effect as of Aug. Yes, the rules apply to a single state, but as some sources, including New York Law Journal , report, the regulations could have a global impact.
New York Threatens NYC Restaurant Closures As State Prepares For Second Outbreak
PYMNTS
JULY 16, 2020
New York Gov. New York put indoor dining on hold on July 6 due to the spiking of the virus in the past few weeks. Retail andrew cuomo COVID-19 New York News pandemic reopening Restaurants shutdowns social distancing What's Hot
New York Lifts COVID Restrictions; New Strains Still A Concern
PYMNTS
JANUARY 28, 2021
New York Gov. The holiday surge from Christmas and New Years appears to be done with, peaking on Jan. 4 when the positivity rate in New York hit 8 percent across the state. That said, the new strains of the virus, which have been cropping up in the U.S.
New York Ramps Up Fight Against Predatory SMB Lending
PYMNTS
DECEMBER 14, 2018
Just days after New York Attorney General (AG) Barbara Underwood announced an investigation into possible misconduct among merchant cash-advance (MCA) firms against small business (SMB) borrowers, The Washington Post reported that state legislators are vowing to push for change in the industry. 13) that incoming chairman of the New York Senate Judiciary Committee Brad Hoylman described the current small business merchant cash-advance environment as “alarming.”
New York & Co. Rebrands To RTW Retailwinds
PYMNTS
SEPTEMBER 12, 2018
To highlight its ability to grow into new markets and categories, New York & Co. Along with the name change, New York & Co. Retail Fashion To Figure Greg Scott New York and Company News retail brands RTW Retailwinds What's Hotis changing its name to RTW Retailwinds. The move comes as the retailer seeks to top the $1 billion mark in sales, Chain Store Age reported. “We
New York To Limit The Number Of Event Attendees Amid Coronavirus
PYMNTS
MARCH 12, 2020
As New Jersey and New York limit the number of people at events because of COVID-19 fears, the governor of New York said meetings of over 500 individuals would not be allowed following Friday evening with some exclusions.
N.Y. sportsbooks ask for tax breaks as losses rise
Accounting Today
JUNE 17, 2022
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Walgreens, Postmates Team For New York On-Demand Delivery
PYMNTS
OCTOBER 2, 2019
The top items ordered by New Yorkers are San Pellegrino, Smart Water, Gatorade, Pedialyte and Tylenol. Retail delivery Healthcare New York News on-demand Pharmacy Postmates Walgreens What's HotTo provide on-demand delivery for shoppers looking for health and wellness products, Walgreens and Postmates have announced a collaboration.
New York Formally Extends Tax Deadlines; New York City Offers Penalty Relief
Katz,Sapper&Miller
MARCH 30, 2020
The New York State Department of Taxation and Finance (DOTF) has announced important income tax filing and payment extensions related to upcoming deadlines.
Nordstrom Opens New Flagship Store In New York City
PYMNTS
OCTOBER 24, 2019
As it expands in New York City, Nordstrom opened the doors to its first-ever flagship store for women and children on West 57th Street across from the new Nordstrom Men’s Store that debuted last April. The new flagship store occupies the base of the Central Park Tower, which the company says is the tallest residential building in the world, according to an announcement. Retail beauty brick and mortar new york city News Nordstrom What's Hot
Luxury Brand Barneys New York Seeks Bankruptcy Protection
PYMNTS
AUGUST 6, 2019
Struggling to compete with online brands, famed Big Apple luxury retailer Barneys New York has put itself up for sale and filed for bankruptcy protection, according to a report by Reuters. . The company said it received $75 million in new capital from Hilco Global and the Gordon Brothers Group to keep the lights on during the bankruptcy protection proceedings. Retail bankruptcy Barneys New York luxury brands News What's Hot
Gett Shutters Juno In New York, Partners With Lyft
PYMNTS
NOVEMBER 18, 2019
Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. The company said that it was leaving New York because of the “enactment of misguided regulations in New York City earlier this year.”. Ridesharing Gett ipo Juno Lyft new york city News What's Hot
New York Regulator Fines Pakistani Bank $630M
PYMNTS
AUGUST 29, 2017
The New York State Department of Financial Services (DFS) is looking to fine Habib Bank Ltd (HBL) nearly $630 million for failing to comply with state and federal laws at its only U.S. The New York State Department of Financial Services could not immediately be reached for comment. Habib Bank has submitted an application to DFS to shut its New York operations. That bank still has a New York branch.
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