Larry Silverstein reached a preliminary agreement for advertising firm GroupM to lease offices at 3 World Trade Center, marking a key step for the developer to proceed with building the 80-story lower Manhattan skyscraper, two people with knowledge of the negotiations said.
New York’s budget is more than a month late, and Governor David Paterson has submitted his fifth emergency spending measure to keep the government running while pressing lawmakers to find ways to close a $9.2 billion deficit.
New York Governor David Paterson may face criminal charges arising from his “inaccurate and misleading” testimony about how he acquired tickets to a World Series baseball game last year, an independent counsel said.
New York Governor David Paterson set a June 28 deadline for an accord on the state’s overdue budget and said if lawmakers don’t cooperate he will submit an emergency bill that would have to be passed or else government would shut down.
New York Governor David Paterson said he’ll push lawmakers to cut welfare and mental-health spending in the next weekly appropriations bill needed to keep state government operating while its annual budget remains unfinished.
New York lawmakers, unwilling to approve a budget plan proposed by Governor David Paterson , prepared an alternative that cuts less aid to schools and universities and authorizes spending to avoid a government shutdown.