From the Irish potato famine to the 1970s fiscal crisis, immigration has been key to the city’s growth in ways that are playing out again as asylum-seekers arrive.
Economy
Posted inEconomy
NYC Lost Jobs in April Even as US Adds Employment
Cash assistance and other public benefits are helping more New Yorkers weather an economic climate that’s still tough.
Posted inEconomy
The Economy Is Recovering. New York City’s Office Market Is Not.
Remote work, a possible recession and higher interest rates spell big trouble for office buildings and tax revenue. One bright spot emerges.
Posted inHow to New York
How to Become a New York City Tour Guide
You need a license to lead paid tours in New York City. Get ready to take a 150-question exam before you take a group of tourists out on the town.
Posted inCommunity Boards, Economy, South Bronx, The Bronx
South Bronx Movie Studio Expansion Angles to Open Up Waterfront — and Fence It In
York Studios, which opened its Michaelangelo Campus for film and TV shoots in 2019, wants to add a second studio with a 60-foot ceiling.
Posted inEconomy, Real Estate
Economic Trouble Signs Emerge for NYC as Office Vacancy Rate Keeps Rising
First-time jobless claims rise, even as employers are financing a special tax to pay down unemployment insurance fund debts piled up in the pandemic.
Posted inEconomy
Surprise: Wall Street Bonuses Weather Economic Storm
Despite headlines of layoffs and plummeting profits, $33.7 billion given out in 2022 bonuses reflects a modest decline and growing workforce.
Posted inEconomy
New York City’s Job Recovery Is Nearly There, But Future Friction Looms
The latest data show job gains, even as the banking crisis and cost-saving technologies could pose threats to overall employment.
Posted inHow to New York
Here’s What the Collapse of Signature Bank Means for NY
Signature was a big lender to apartment owners, especially of rent-regulated buildings, and that could put a bigger squeeze on owners.
Posted inEmployment
City Jobs Recover Nearly to Pre-COVID Levels
Updated state figures show almost 4.7 million jobs, surpassing projections.