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Wall Street Booms Even Amid Concerns That Jobs May Go Bust in New York

Stock market profits are headed for a record high, meaning big tax revenues for New York. But the city stands to lose 5,000 high-paying finance jobs to other states as the local unemployment rate hits twice the national average.

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Blood Center Expansion Taps Vein of Opposition as Project Heads for Vote

Supporters said the 16-story building proposed for E. 67th Street would make the city a hub for life sciences, bringing progress and jobs. Foes contend the structure would cast shadows over a school and park. The City Council soon gets a key say.

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Gowanus Redevelopment Gets Go-Ahead as de Blasio’s Team Sails Away

The City Planning Commission okayed plans to rezone the gentrifying Brooklyn neighborhood and bring new affordable housing, sending the City Hall-initiated plan to the City Council. Meanwhile, the mayor’s path to revamping SoHo is less clear.

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New York City’s Jobs Picture Grows Cloudier as Fall Approaches

Private sector jobs dropped this summer and the city’s unemployment rate was twice the U.S. average. But bright spots include public sector job growth — and signs that New York women in unions largely kept their jobs, bucking the national "shecession."

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Can the Pandemic Give Commercial Rent Control a New Lease on Life?

Shopkeepers say the COVID recession proved the precarious position of small business owners. Landlords, staggered by empty storefronts, say they can’t afford restrictions. Now, a last-ditch rent regulation bid is headed to the City Council.

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Hochul Faces $5 Billion Choice as Tax Boost Arrives Amid Cuomo Unemployment Debt

As the new governor begins to put her own imprint on the state’s finances, she’ll have to make a series of decisions that show whether she is prepared to make a sharp break with the policies — and appointees — of the previous administration.

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Commercial Districts Grapple With Slowed Return to Business as Usual

Flatiron, Hudson Square, Downtown Brooklyn and the Garment District offer four studies in survival, with just 23% of Manhattan office workers back at their desks. Lures back include pedestrian space and cultural events.

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NYC Loses Jobs as Pandemic Recession Takes Growing Toll on Workers of Color

The city shed 14,000 positions last month while the rest of the country saw its strongest employment growth in a year. Meanwhile, the increasing challenges facing Black and Latino New Yorkers underscore structural inequities, a new study found.

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Cuomo’s Rent Relief ‘Mess’ Awaits Hochul as Tenants and Landlords Unite Over Aid Bungle

The state has paid out less than 5% of the $2.7 billion available, with any undistributed money likely to go back to the feds. Meanwhile, building owners and residents are at odds over a possible extension of the state’s eviction moratorium.

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Film and TV Production Make a New York Comeback. But Will the Tax Credits Roll?

Work on shows from "Mrs. Maisel" to "Gossip Girl" is nearing pre-pandemic levels in Hollywood on the Hudson. Competition, though, could get fierce: California and other states are upping tax credits in grabs for a piece of the action.