Over the next 11 years Ratner sold all but 20 percent of his stake to Russian billionaire Mikhail Prokhorov, the Nets moved into the brand new Barclays Center in Brooklyn and the NBA's popularity grew exponentially.
Now Ratner, who owns the development firm Forest City Enterprises, is looking to sell the rest of his stake in the team, and his company has set the Nets' value at $1 billion, the Sports Business Journal reported.More »
Governor Andrew Cuomo earned a big, fat D in a recent grading of his fiscal policies by the Libertarian Cato Institute.
This, of course, comes as the governor has declared New York "open for business."
Cuomo's D -- on a scale of A through F -- might have a little bit to do with a different group's ranking New York dead last in terms of how business-friendly its tax policies are.
Of New York's governor -- who is eying a run for the White House in 2016 -- the Institute says the following:
Laura Murray, an FIT student by day and live music photographer by night, has a fascination with exposure: "Being able to show people things that are going on all over the world sounds incredible." She admits on her website that she has a "slight case of wanderlust" and her dream job would be a band's designated photographer. To satisfy and achieve both journeys, she had to start off with basic grassroots marketing that required little cost: she handed out promotional marketing cards anywhere she snapped photos at, made up stickers with her name on them and assisted photographers in every way possible.
But her biggest obstacle was the ambiguity that came with a popular form of artwork like photography: she had equipped herself with skills in the field throughout high school and college but she also knew that thousands of other people her age could muster those same talents.
"It seems that everyone with an SLR (single-lens reflex) camera these days wants to get into photography, just no one knows your name," she said. It was her goal to stand out among the rest - a credo of the entrepreneurial spirit. In the usual fashion of small business, she had to brand herself. And what better way to do that by using her name.!--EndFragment-->!--StartFragment-->More »
|via nyc.gov feed.|
Still, if the legislation passes, Bloomberg will sue.
The proposals in question were the prevailing and living wage bills, which essentially would require that businesses pay employees higher wages -- $10 an hour plus benefits, instead of the current $7.25 minimum hourly wage -- at some city-subsidized developments.
The bills are significant because they have come to represent a politically important challenge for City Council Speaker Quinn, a mayoral hopeful who has been forced to navigate the competing interests of business and labor leaders in negotiating the legislation. Additionally, the living wage battle has pitted the mayor against Quinn, who has typically been seen as the potential successor most aligned with Bloomberg's views, especially given their pro-business records.More »
|City Council Speaker Christine Quinn, expected to run for mayor in 2013, addresses reporters today.|
The surprising news last night that the business group Partnership for New York City would no longer support the bill was a major shift from what was said at a press conference in January when Quinn was able to bring together business leaders and labor leaders and announce a compromise that both sides could stand by.
"Unfortunately, the original group of supporters we had that day in January are not fully intact at the moment, which is a disappointment, but I'm very proud and glad with the final version we are getting to," she told reporters this morning.
|A before and after shot from the BID's website.|
The city told the Voice yesterday that it is correcting that error, but that's doing little to appease some frustrated business owners.
These BIDs, which are public-private partnerships, are intended to revitalize neighborhoods and support economic development through a partnership of local property owners and commercial tenants. Businesses pay annual fees that BIDs charge for cleaning sidewalks, picking up trash, and other local efforts.
To those who didn't want to be a part of a Chinatown BID in the first place, the alleged financial mishap is an extra slap in the face, especially as businesses are struggling to stay afloat during a tough economy.More »
In all seriousness, though, this thing's pretty cool -- CityMaps, a one-stop shop map site and iPhone app, integrates hyperlocal data with all kinds of social media functions so that users can browse around and make plans based on real-time information coming from across the city.
Here's how it works: The map, which aims to include the name and location of every storefront on every block, is connected to Twitter, Facebook, Foursquare and all the other cool networking sites kids are using these days. CityMaps users can browse what's around them, find out what other people have said and are saying about these establishments, and get info on what kinds of deals or events these businesses are having at that moment. All in a user-friendly, visually-intuitive format!More »
From the New York Times: "The proliferation of chain stores, banks and pharmacies in the past decade or so has robbed many neighborhoods of the quirky one-of-a-kind shops that give those places their distinct personalities."
Yep. Sounds about right.
Anyway, the City wants to stop this from happening in the Upper West Side: The Department of City Planning would cap the ground-floor width of all new stores to 40 feet on Amsterdam and Columbus Avenues -- and would limit banks to 25 feet. Broadway would also be included.More »