New York City Mayor Michael Bloomberg may name former Treasury Department official Robert K. Steel as deputy mayor for economic development, the New York Post reported, citing an unidentified source.
New York City will announce a $3.3 billion plan today for new parks, housing, ferry service and environmental improvements for its 578 miles (930 kilometers) of shoreline to boost real-estate development and recreation.
New York’s Plaza Hotel sued the city and Citigroup Inc. for putting a block-long bicycle rack in front of the entrance to the landmark property at the southern end of Central Park.
Stanford University, which helped spawn California’s Silicon Valley of computer and electronics companies, is seeking alumni support to open an engineering school in New York City.
"Our branch footprint in Texas did not provide the scale to capture future growth and market share in traditional retail banking."
- Andrew Brent on Sep 03, 2014