World Trade Center Properties LLC lost its bid to prevent American Airlines and its parent AMR Corp. from raising “act of war” as a defense to its alleged negligence in the Sept. 11, 2001, terrorist attacks.
Developer Larry Silverstein said he plans to start building an 82-story hotel-and-condominium tower a block north of the World Trade Center site in lower Manhattan late this year, after getting a $660 million loan.
New York Assembly Speaker Sheldon Silver was more interested in protecting his chamber than female employees of fellow Democrat Vito Lopez who accused the Brooklyn lawmaker of sexual harassment, a special prosecutor said.
Verizon Communications Inc., the second-largest U.S. phone company, will sell or lease out about half the space in its Manhattan headquarters, part of a move to cut costs and raise cash in a rebounding real estate market.
Arcadis NV, the biggest Dutch designer of bridges and dikes, won an order to evaluate options for flood prevention in New York as the city works to avoid a repeat of the destruction last year by superstorm Sandy.
A former GE Capital associate with a fuchsia handgun on his $185 lilac tie gave out his business card near a Danish man twirling a Turkish woman. An American International Group Inc. employee left out his firm’s name when he said he works in risk.
New York police and event organizers are beefing up security after the Boston Marathon bombings to protect a Revlon Inc.-sponsored charity race through midtown Manhattan and a citywide bicycle tour this weekend.
The wreckage found last week in lower Manhattan and believed to be from one of the planes in the Sept. 11, 2001, terrorist attacks came from a Boeing 767, a technician for the company told investigators.