Trump arrives at MSG for Knicks Game 3. Boos from inside the bar NYPD forced me into. It’s basically empty despite Tisch saying people would be able to get to businesses. “They fucking lied, nobody is getting in,” one owner tells me.
DOT is touting the expansion of this pilot, but only a fraction of the OG plan has materialized. Program was to include more substantive sites beneath the BQE in Greenpoint and Clinton Hill (concept below). Officials said those would open Fall '24. They are still not operating.
The future of deliveries might not involve a truck at all.
Our microhub pilot has helped eliminate over 3,000 truck trips by shifting last-mile deliveries to cargo bikes and handcarts.
We’re expanding the program with new locations and inviting interested business to apply.
DOT says it remains committed to building the BQE microhubs and is working to ensure the designs meet federal and state requirements. The city recently installed two new "on-street" microhubs in the Financial District and on the Upper East Side. More: https://t.co/mSo8NlAYAZ
Asked by @katiebrenzel if there is any tradeoff between economic growth and making the city's wealth more broadly shared, Su said no. "I don't think there's a tension between economic development and economic justice. I think done well those two things go together."
Julie Su on her many recent meetings with New York City business leaders: "I don't know that I've ever seen such strongly held, but not based in reality assumptions about who someone's going to be as I have about Mayor Mamdani."
On the Economic Development Corp., which still does not have a permanent president & CEO: "EDC is one of the most important tools we have for delivering on the mayor's agenda of affordability and economic justice." https://t.co/GsAws3Feqb
“New York City, more than any other place in America and possibly in the world, is exposed to the potential promises and perils of this technology,” Comptroller Levine said. “There is no turbulence-free outcome here.” https://t.co/i56xTQlZt7
NYC is exposed no matter which way AI breaks, @MarkLevineNYC warns.
If the boom busts, Wall Street suffers and city revenue tanks. If adoption accelerates, it could wipe out white-collar jobs, costing the city tax revenue while forcing it to spend more on displaced workers.
The city is not paying for the tickets.
They come from an allotment FIFA provided to the NYNJ Host Committee typically reserved for corporate sponsors and VIPs.
FIFA had to agree to let the host committee give them to the city to sell at a discount. https://t.co/yLSYXZkEMK
Just when you think you can stop searching budget docs for "421-a," the ELFA bill includes a narrow 421a expansion, which was designed to help out Two Trees' River Ring project: https://t.co/i0OIO2mohn
Has Mayor Zohran Mamdani’s team reached out to Ken Griffin? Depends on who you ask.
Mamdani’s camp says yes. Sources close to the Citadel chief insist he has not heard from City Hall.
KG aside, Mamdani is cozying up to New York business leaders.
https://t.co/rpTv8cstRy
Mamdani spox: The mayor and Blackstone prez Jonathan Gray "discussed Blackstone’s long-time commitment to NYC, as well as their support for union-built projects like CHPE." Deputy Mayor for Economic Justice Julie Su was also in the meeting. https://t.co/ZIJyGbyevO
Mamdani spox: The mayor and Blackstone prez Jonathan Gray "discussed Blackstone’s long-time commitment to NYC, as well as their support for union-built projects like CHPE." Deputy Mayor for Economic Justice Julie Su was also in the meeting. https://t.co/ZIJyGbyevO
We've got a preview of some of the proposals that the SPEED task force will release today. The report was due to the mayor within the his first 100 days (not necessarily due to the public, per the executive order. I did ask ahead of the 100-day mark!):
https://t.co/Wzu8XJ7ftJ
The bulk of the support comes from savings measures, including $2.3B from restructuring pension payouts, $508M from “class size flexibility” and $361M in other actions, per Hochul's team. Also $150M in new school aid and $500M from the pied-à-terre tax. https://t.co/QgxdbbDVVt
If New Yorkers tuned in only to Hochul’s budget announcement, they might think Albany had closed in on a deal.
They would be wrong.
Now the city and state budgets are on a collision course, and no one knows where they will meet. https://t.co/Vv2gRhals9