Blair W. Effron’s fellow financiers will have a chance to follow the etiquette advice from the woman who once lived in his New York apartment when he hosts President Barack Obama at a fundraiser there May 14.
The Port Authority of New York and New Jersey’s failure to agree to a loan guarantee for World Trade Center site developer Larry Silverstein shows agency leaders are wrestling over its direction as they seek to fix the dysfunction exposed by the George Washington Bridge scandal.
A financing plan for a third World Trade Center skyscraper in lower Manhattan is at risk as commissioners of the Port Authority of New York and New Jersey prepare to vote on a $1.2 billion loan guarantee.
U.S. Senator Charles Schumer of New York said he’ll oppose any attempts to divert money from about $3.5 billion remaining in funds from a superstorm Sandy aid law until the area has enough money to fully rebuild.
The Metropolitan Transportation Authority and the union representing New York City’s subway and bus workers agreed on a tentative contract that would raise wages by 8 percent over five years without fare increases.
Aon Plc was sued by the Port Authority of New York and New Jersey which claims the insurance broker kept unauthorized commissions and failed to return premium overpayments, causing the agency to pay millions of dollars more than it should have.
New York Mayor Bill de Blasio, marking his 100th day in office, embraced the legislature’s funding of statewide universal pre-kindergarten as his own victory and promised more programs to redress inequality between rich and poor.