DIRS.INFO The most relevant business & tech news

☆ Most Major Crimes Are Down. Why Are Assaults Up?
▼ + stars: | 2024-04-20 | by ( Maria Cramer | Chelsia Rose Marcius | ) www.nytimes.com time to read: 1 min

Just before noon last Saturday, a 9-year-old girl was with her mother at Grand Central Terminal when a man strode up to the child and, without warning, punched her in the face, according to the police. The child, dizzy and in pain, was taken to the hospital. It was the second time in nine days that Mr. Zarzuela had randomly attacked someone at the terminal, the police said. On April 4, they said, he punched a 56-year-old woman in the face, causing her nose to bleed and her left eye to swell shut. And it was among a number of recent assaults that have unnerved New Yorkers, who have seen a rash of attacks reported on the streets and on the subway.

Persons: strode, Jean Carlos Zarzuela, Zarzuela Organizations: Grand Central Locations: East Harlem

☆ Keith Haring’s Legacy Is Not Found at the Museum
▼ + stars: | 2024-04-17 | by ( Max Lakin | ) www.nytimes.com time to read: +2 min

In their eyes I don’t exist.’”Haring’s frustration surely feels surprising for anyone who is familiar with his work, which is mostly everyone. You needn’t be able to name a Keith Haring picture to recognize it; its vibrating line and electric palette announce itself as efficiently as a neon sign. And it is more so now, 34 years after his death, in 1990 at the age of 31, as his work continues to permeate contemporary art. In his short but intense career, Haring’s pulsating figures became an inextricable part of New York City life, like ancient hieroglyphics that weren’t as much drawn as unearthed. And yet the most likely place you’ll encounter it now is still not the museum, but the mall, which was his own doing.

Persons: Keith Haring, ” Brad Gooch’s, Haring, ”, needn’t Organizations: Museum of Modern Art, Swatch, Medical Locations: New York City, East Harlem

☆ Man Charged in Subway Shoving Had History of Mental Illness, Family Says
▼ + stars: | 2024-03-26 | by ( Hurubie Meko | Andy Newman | ) www.nytimes.com time to read: +1 min

The man who the police said pushed a subway rider in front of an oncoming train in East Harlem on Monday night, killing him, appears to have had a history of committing violent acts against others and struggles with mental illness. The man, Carlton McPherson, 24, was arrested and charged with murder after pushing another man in front of an oncoming No. The man who was killed was identified by two police officials and an internal report as Jason Volz, 54. Responding officers found Mr. Volz underneath the train car with “severe trauma to the body and face,” according to the report. Witnesses pointed out Mr. McPherson to officers as he was leaving the scene and he was taken into custody.

Persons: Carlton McPherson, Jason Volz, McPherson, Volz, Witnesses Organizations: Lexington Locations: East Harlem

☆ Man Killed by No. 4 Train After He Is Pushed Onto Subway Tracks
▼ + stars: | 2024-03-25 | by ( Christopher Maag | More About Christopher Maag | ) www.nytimes.com time to read: 1 min

A man was killed Monday evening after being pushed onto the subway tracks in an unprovoked attack at the 125th Street station at Lexington Avenue in East Harlem, according to the Police Department. At 6:48 p.m., a man on the uptown platform shoved the person onto the tracks in front of the oncoming No. 4 train, which was unable to stop, a police spokeswoman said. Train service at the station resumed by 9 p.m., but a large number of police officers remained at the scene. “The subway has been insane lately,” Ray Velez, 60, from the Bronx, said as he waited on the 125th St. platform two hours after the attack.

Persons: ” Ray Velez, It’s, ” Organizations: 125th, Police Department Locations: Lexington, East Harlem, Bronx

☆ ‘I Was Running Late to Work One Morning So I Decided to Take a Taxi’
▼ + stars: | 2024-02-25 | by ( ) www.nytimes.com time to read: 1 min

ImageLast FareDear Diary:I was running late to work one morning so I decided to take a taxi, a rare luxury. “You are not my last fare for the day. You are my last fare forever.”He explained that he was retiring that day after 45 years of driving a cab. As he took me to East Harlem from the Upper West Side, he reminisced about his career and the many famous passengers he had picked up. When we got to my destination, I told him I was honored to have been his last fare and wished him luck.

Persons: ”, — Diane LaGamma Locations: East Harlem

☆ Frame by Frame, an Artist Distills What Sports Cameras Blur
▼ + stars: | 2024-02-03 | by ( Travis Diehl | ) www.nytimes.com time to read: +1 min

What would a basketball game be like without the ebb and flow of two teams, without the roar of the crowd? Like Paul Pfeiffer’s videos. In “Fragment of a Crucifixion (After Francis Bacon),” from 1999, the Charlotte Hornets’ star power forward Larry Johnson rocks back and forth, alone on the court, screaming in victory or agony. In “Race Riot,” hands reach in to brace a fallen Michael Jordan — his iconic jersey, number 23, is blank. They’re small, they’re silent — and they’re just for you, an intimate confrontation with extravaganzas meant for millions.

Persons: Paul Pfeiffer’s, Francis Bacon, Larry Johnson, Michael Jordan —, ” Pfeiffer, aren’t, extravaganzas Organizations: Museum of Contemporary Art, Charlotte Hornets Locations: United States, Los Angeles, East Harlem, Mexican

☆ What Endures After a Climate Activist’s Suicide: Grief, Anger and Hope
▼ + stars: | 2023-11-19 | by ( John Leland | More About John Leland | ) www.nytimes.com time to read: +1 min

As they walked together that night — Mr. Morales before heading home to East Harlem, Mr. Buckel before returning to his husband in brownstone Brooklyn — their lives were heading in very different directions. “I thought, Oh, God, another article,” Mr. Morales said. “I was a little aggravated,” Mr. Morales said. Mr. Buckel was writing in the first person. Mr. Morales showed the email to another worker at the composting site: Does this say what I think it does?

Persons: Mr, Morales, Buckel, David, ” Mr Organizations: Prospect Locations: East Harlem, Brooklyn

☆ Safe Injection Sites Don’t Lead to More Crime, New Study Finds - The New York Times
▼ + stars: | 2023-11-16 | by ( Maia Szalavitz | ) www.nytimes.com time to read: +1 min

Over 100,000 Americans now die from drug overdoses annually. Upon taking office, Mayor Eric Adams, Mr. de Blasio’s successor, has continued to support the sites’ work. Some neighbors, politicians and media have claimed that the centers — one in East Harlem and one in Washington Heights — are increasing crime and public drug use in neighborhoods already burdened with poverty. But an important new study published this week refutes these claims. It shows that violent and property crime rates near the two overdose prevention centers (sometimes referred to as safe injection or safe consumption sites) did not increase any more than crime in similar neighborhoods elsewhere in the city.

Persons: Bill de Blasio, Eric Adams, de Blasio’s, ”, Brandon Del Pozo Organizations: Brown University, New York Police Department Locations: New York City, East Harlem, Washington Heights, Burlington , Vt

NEW YORK (AP) — Target on Wednesday reported better-than-expected profits and sales in its third quarter, benefiting from efforts to hold down costs. Revenue slipped more than 4%, however, with customers saddled with broadly higher costs as the holiday season nears. Political Cartoons View All 1247 ImagesAnalysts were expecting a profit of $1.47 per share on revenue of $25.29 billion in the quarter, according to FactSet. That metric was down 5.4% in the fiscal second quarter and in the fiscal first quarter, sales were unchanged. For the fourth quarter, Target expects comparable sales in a wide range around a mid-single digit decline, and earnings per share of $1.90 to $2.60 per share.

Persons: Costumers, Cornell, they’re, Brian Cornell, Target, — Organizations: Revenue, Target, Walmart, San Francisco Bay Area Locations: Minneapolis, U.S, New York, Harlem, San Francisco Bay

☆ New York City Marathon: Start time, route and everything you need to know
▼ + stars: | 2023-11-04 | by ( Manav Tanneeru | Issy Ronald | ) edition.cnn.com time to read: +3 min

CNN —More than 50,000 runners are set to descend on New York City on Sunday, transforming the city simultaneously into a stadium, carnival and an immense endurance test. Runners will take in all five boroughs of New York City on the 26.2 mile route. Complete coverage of the event is also available on the New York City Marathon’s app which can be downloaded here, and a full list of international broadcasters can be viewed here. Runners cross the Queensboro Bridge as they compete in the 2022 New York City Marathon. Meanwhile, Letesenbet Gidey is making her New York Marathon debut after she recorded the fastest ever women’s marathon debut last year.

Persons: Evans Chebet, “, Bill Rodgers, ”, Geoffrey Kamworor, Mosinet Geremew, Edward Cheserek, Yuki Iwamura, Peres Jepchirchir, Brigid Kosgei, Hellen Obiri, Letesenbet, Miller, Tony, Zdeno Chara, Steve Mesler Organizations: CNN, Central Park, ESPN2, ESPN3, New, Boston Marathon, Boston, NCAA, York City, Getty, New York Marathon, Former NHL, Olympic, Professional Wheelchair Locations: New York City, Staten Island, Brooklyn, Manhattan, Bronx, Harlem, Williamsburg, East Harlem, New York, York, AFP, Rwanda

That’s very different than how Google defines Flatbush:Prospect Park Holy Cross Cemetery Flatbush by google maps Flatbush by readers Prospect Park Holy Cross Cemetery Flatbush by google maps Flatbush by readersLet’s look closely at Brooklyn’s Prospect Heights, which has mostly sharp edges and one very blurry one:Sharp prospect heights Sharp blurry Sharp Prospect Park Sharp prospect heights Sharp blurry Sharp Prospect Park Crown heights Prospect Park Crown heights Prospect Park prospect heights ? Crown heights Prospect Park prospect heights ? Racial composition of Prospect Heights and Crown Heights residents, 2000-2022 80% 60 Black 40 White 20 2000 2022 80% Racial composition of Prospect Heights and Crown Heights residents, 2000-2022 60 Black 40 White 20 2000 2022 Source: Furman Center, N.Y.U. prospect heights Condo for sale crown heights Prospect Park prospect heights Condo for sale crown heights Prospect ParkStreetEasy lists the unit as being in Crown Heights. A local grocery store on Classon Avenue — two blocks east of Washington,prospect heights Key Food Prospect Heights crown heights Prospect Park prospect heights crown heights Key Food Prospect Heights Prospect Parkused to be called Gala Fresh Farms.

Persons: Van, Obeid, ”, It’s, who’s, New, Casey Berkovitz, Mr, ’ you’re, ‘, Yemen ’, ” Mr, ” Long, Robert Moses ’ Brooklyn, Red, “, ” Colson Whitehead, Readers, Fort Greene, Tubby, ., Red Hook, Hook, Whitehead, we’ll, Douglas Elliman, ” “, streeteasy, Xavier Santiago, it’s, Suleiman Osman, Rambo, Ross Perlin, Perlin, Sures, Yemen hasn’t Organizations: Kennedy, Google, Bronx Zoo, East Harlem —, Carnegie, Brooklyn, New York Times, Times, Richmond Hill, city’s, Department, Bronx . The Bronx Muslim, Bushwick :, Stuyvesant Bushwick, Powell, soho tribeca, New York Public, Queens Expressway, Yorkers, steinway, Queens, Navy, Waterfront District, Fort, Brooklyn - Queens, Yorker, Bushwick, Jersey Silver, Park New Jersey Silver, Prospect, White, Furman Center, Sterling, East, Manhattan’s, brooklyn South brooklyn South brooklyn South brooklyn, Liberty Loan, Carroll Gardens, “, brooklyn ”, Language Alliance, East Harlem, Washington Locations: New York City, Bronx, Morris, New York, Little Yemen, Manhattan, East, Sugar, Clinton, Rose, Richmond, Todt, Lenox, Forest, Cypress Hills, Murray, Yemen, “, Brooklyn, Bushwick, Bushwick : Bushwick Bedford, Stuyvesant Bushwick Bedford, Stuyvesant, Windsor Terrace, windsor, Green, kensington, Queens, Point, Flushing, Powell, Lower Manhattan, TriBeCa, SoHo, Houston, soho, Hudson, Lispenard, Queens Expressway Brooklyn, Astoria, Woodside, Jackson Heights, astoria, sunnyside Brooklyn, Dumbo, Columbia, Red Hook, williamsburg, columbia, carroll, Red, Fort Greene Park Brooklyn, Queens Expressway columbia, Williamsburg, greenpoint East, Queens Expressway williamsburg, greenpoint East River williamsburg Brooklyn, East Williamsburg, ”, BoCoCa, Hamilton Heights, Greenwood Heights, Hudson Heights, Lincoln, Bridges, Carnegie Hill, Manhattan Valley, SpaHa, Village, Bedford, Kingsbridge, Riverdale, Fort, Inwood, Inwood washington, chelsea, greenpoint tribeca williamsburg ridgewood kew, brooklyn, bushwick, Soho ridgewood kew, Sheepshead, Shore, Staten Island, Jersey, Park New Jersey, Flatbush, Prospect, Prospect Heights , Brooklyn, Heights , Brooklyn, Prospect Heights, Crown, Washington, Classon, Crown Heights, Side, East Harlem, harlem, Harlem, Central, streeteasy, carnegie, South Brooklyn, Carroll, Revolutionary, Boerum, Cobble, South Bronx, Spanish Harlem, South Harlem, Lower, Loíza, Puerto Rico, Language, Barrio, Puerto Rican, Hispaniola, Dominican, Washington Heights

Six months later, his friend-turned-rival Notorious B.I.G, whose legal name is Christopher Wallace, was gunned down. They hung out together on the set of the 1993 film “Poetic Justice,” which starred Janet Jackson and Shakur. Shakur found out that the night of that attack, Wallace and Sean “Diddy” Combs were together in a recording studio. East vs. West coastsLess than 24 hours after the 1994 shooting, Shakur made a court appearance in a wheelchair on sex-assault charges against him. Greenidge, who described the rapper as a professional mentor, told the grand jury he was in the convoy.

Persons: Tupac Shakur, Shakur, B.I.G, Christopher Wallace, Wallace, Duane “ Keffe, ” Davis, Davis, enmeshed, ”, Justin Tinsley, Janet Jackson, Sean “ Diddy ” Combs, Combs, Malcolm Greenidge, Reggie Wright Jr, Marion “ Suge, Knight, disrespecting Combs, Tha, Snoop Dogg, Faith Evans, “ It’s, Wright, Robert Ladd, Ladd, “, Orlando Anderson, ” Denvonta Lee, Mike Tyson, Bruce Seldon, Anderson, Daniel Ford, Ford, Lee, Deandrae Smith, Smith, “ Keffe, ” Lee, Keffe, Biggie Shakur, Tinsley, ” “ Biggie, ” Tinsley, ‘, Tupac, Rio Yamat, Ken Ritter, Scott Sonner, Gabe Stern, Andrew Dalton, Ryan Pearson, Stefanie Dazio, Felicia Fonseca Organizations: ANGELES, New York City, The Associated Press, Los, Records, New, Boy Records, Row, Tha Dogg, West Coast, Side, South Side, Bloods, MGM, Anderson, BMW, Authorities, Cadillac, ” Police, Las Vegas, ___ Associated Press Locations: East, West, New York, Las Vegas, Compton, midtown Manhattan, East Harlem , New York, Los Angeles, Brooklyn, Harlem, New York City, York , New York, Vegas, Lakewood, South Los Angeles, Reno , Nevada, Flagstaff , Arizona

☆ Target says it's closing 9 locations over crime, but New York City crime stats surrounding its East Harlem store tell another story
▼ + stars: | 2023-10-07 | by ( Dominick Reuter | Jennifer Ortakales Dawkins | Alex Bitter | ) www.businessinsider.com time to read: +8 min

The company plans to open a location on 125th Street — less than 2 miles from the East Harlem store. A police cruiser outside a boarded-up retail store near Union Square in San Francisco in November 2021. Ethan Swope/Getty ImagesIn San Francisco, another complicated narrative on crimeIn San Francisco, a Target on Folsom Street location went viral earlier this year for its aisles of locked-down merchandise . AdvertisementAdvertisementWalgreens had been closing thousands of stores for years before it decided the fate of the five San Francisco locations. "That's why we're actively collaborating with legislators, law enforcement, and retail-industry partners to advocate for public-policy solutions to combat organized retail crime."

Persons: —, Djeneba Kone, she's, Brian Cornell, Jim Joice, Jennifer Ortakales Dawkins, Kone wasn't, That's, there's, Ethan Swope, shoplifters, James Kehoe, Kehoe, Cornell, we're Organizations: Service, Target, Aldi, Costco, East Harlem, New York City Police, St, Herald, East, Seattle Times, San Francisco Police Department, Walgreens, San, San Francisco Chronicle Locations: Harlem, Manhattan , New York, New York, San Francisco, Seattle, Spanish Harlem, El Barrio, Manhattan, Bronx, East Harlem, Columbus, SoHo, Folsom, Target's, Francisco

☆ Residents alarmed as shoplifting incidents trigger store departures: ‘As a community we can’t allow this to continue’
▼ + stars: | 2023-09-30 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +10 min

“Having Target here helped revitalize East Harlem with hundreds of new jobs, customers and more services to our area. Courtesy Lou MartinsThe retail industry said it is grappling with a particular type of store theft that is more dangerous than petty shoplifting, called “organized retail crime” or ORC. The East River Plaza shopping center in New York City's East Harlem neighborhood. “The East Harlem store could have been doing very high volume in sales but still losing money because of theft,” Cohen said. The Target store in NYC's East Harlem is set to close in October.

Persons: Lou Martins, “ I’ve, ”, Martins, Maria Gonzalez Arrieta, “ We’ve, ” Lou Martins, Alex Abreu, Abreu, “, ” Abreu, it’s, We’ve, Tom Wickman, ” Wickman, “ Abuelitas, ” Xavier Santiago, Santiago Xavier, Santiago, I’ve, Mark Cohen, ” Cohen, Venkatesh Shankar, ” Shankar, Fatih Aktas, Ted Wheeler, ” – CNN’s Matt Egan Organizations: New, New York CNN, Costco, 118th, Target, eBay, Facebook, ”, East Harlem, Blumfeld, The New York Times, New York Police, Walgreens, Business, US Chamber of Commerce, “, Commerce, Community Board, East, Community, Columbia, Texas, Mays Business School, Anadolu Agency, Blumenfeld, CNN, Portland Police Bureau Locations: New York, Manhattan —, New York City, San Francisco, Seattle, Target, Plaza, Harlem, Aldi, Burlington, Pleasant Avenue, East Harlem, NYC's East Harlem, River, Portland

☆ I visited one of the 9 Target stores about to close. I found sad customers, many of whom blamed theft, and throngs of students hanging out in the aisles.
▼ + stars: | 2023-09-29 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +7 min

Jennifer Ortakales Dawkins/InsiderNaturally, customers like Michelle Rodriguez were stocking up on their cleaning and beauty supplies in preparation for the store's closure. Jennifer Ortakales Dawkins/InsiderEmployees were tight-lipped. Jennifer Ortakales Dawkins/InsiderParents like Krystle Rogers carted their children through the toy section. Jennifer Ortakales Dawkins/InsiderDjeneba Kone used to be one of those kids. Jennifer Ortakales Dawkins/InsiderWhile most of the kids I saw were respectful, that's not to say they don't cause some trouble.

Persons: It's, —, it's, Jennifer Ortakales Dawkins, Michelle Rodriguez, Rodriguez, she's, Let's, Krystle Rogers, She's, she'll, Djeneba Kone, doesn't, I've, that's, seltzer Organizations: Service, East, East Harlem locals, Yankee, Bronx ., Costco, Employees, Starbucks, Walmart Locations: East Harlem, Harlem, Manhattan, Bronx, New Jersey

☆ They Wanted a House in the City for $1 Million. Would They Find It in Brooklyn or Queens?
▼ + stars: | 2023-09-28 | by ( Joyce Cohen | ) www.nytimes.com time to read: +2 min

“It reminded me of home,” said Dr. McCullough, who is from Baltimore. Dr. McCullough, now 38, was also in a new relationship with Lorne Behrman, whom she had met online. Mr. Behrman, 48, a musician and copywriter from California, had been divorced for several years. Email: thehunt@nytimes.com]When Dr. McCullough was growing up, money was tight and her family had to move a lot. So Mr. Behrman called James M. Armstrong, a friend and salesman with the Corcoran Group.

Persons: Covid, Danielle McCullough, ”, McCullough, Dr . McCullough, Lorne Behrman, Behrman, “, Danielle, James M, Armstrong, ” Mr Organizations: East, aha, Corcoran Group Locations: East Harlem, Manhattan, Baltimore, anesthesiology, California, Midwood , Brooklyn, Westchester, McCullough’s

☆ Business community speaks out after Target blames crime for store closures
▼ + stars: | 2023-09-28 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

New York CNN —Business leaders are expressing alarm after Target became the latest retailer to blame crime for pulling the plug on stores. Target did not comment on this or provide data on theft at the stores. In addition to stores in Seattle, San Francisco, Oakland and Portland, Target is shutting down its East Harlem location in New York City. The Partnership for New York City, a powerful business alliance that includes major employers, is giving NYC officials some credit for fighting crime. Wylde said retail theft puts workers at risk and costs stores when it comes to security and lost inventory.

Persons: Tom Wickman, “, ”, ” Wickman, ” Kathryn Wylde, Wylde, ” Wylde Organizations: New, New York CNN — Business, US Chamber of Commerce, CNN, ” Target, Commerce, Partnership, Wednesday, The Police Department Locations: New York, Philadelphia, Seattle, San Francisco, Oakland, Portland, Target, Harlem, New York City, York City

☆ Target, Citing Theft, to Close Nine Stores
▼ + stars: | 2023-09-26 | by ( Jordyn Holman | More About Jordyn Holman | ) www.nytimes.com time to read: 1 min

Target announced on Tuesday that it was closing nine stores across four states, saying theft at the locations was harming its business and threatening the safety of employees and customers. The stores being closed next month include one in Manhattan’s East Harlem, which has been open since 2010, and multiple locations in San Francisco, Seattle and Portland, Ore.“We know that our stores serve an important role in their communities, but we can only be successful if the working and shopping environment is safe for all,” the retailer said in a statement. In recent months, Target has been vocal on the topic of theft within its stores, particularly about organized retail crime, in which a large amount of merchandise is stolen with the aim of its being sold on the black market.

Locations: Manhattan’s East Harlem, San Francisco, Seattle, Portland

New York CNN —Target is closing nine stores across four states, claiming theft and organized retail crime are creating an unsustainable business environment. “We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance,” Target said in a release. The retailer said it had added more security and implemented other anti-theft tools before deciding to close the stores. Affected employees will be able to transfer to other Target locations. Battle against theftTarget’s announcement comes on the same day that the National Retail Federation released new figures on the state of retail theft.

Persons: ” Target Organizations: New, New York CNN, Oakland, National Retail Federation Locations: New York, Harlem, New York City, Seattle, Portland, San Francisco, East Harlem, Manhattan

NEW YORK (AP) — Target will close nine stores in four states, including one in East Harlem, New York and three in San Francisco, saying that theft and organized retail crime have threatened the safety of its workers and customers. Political Cartoons View All 1182 ImagesWhile the store closings account for just a fraction of the 1,900 stores Target operates nationwide, the move is significant. For example, the Target store in East Harlem is located in a heavily Hispanic area, and residents have few choices to buy good quality healthy foods. “Our team continues to face an unacceptable amount of retail theft and organized retail crime,” Cornell told analysts. More than two-thirds of respondents said they were seeing even more violence and aggression from perpetrators of organized retail crime compared with a year ago.

Persons: Target, ”, Brian Cornell, Cornell, ” Cornell, Anne Organizations: Target, University of Washington, Month, Pride Month, Dick's Sporting Goods, National Retail Federation, ACT, U.S . Department of Homeland, Security Investigations Locations: East Harlem , New York, San Francisco, Portland , Oregon, Seattle, East Harlem, Folsom

☆ I was arrested for trying to buy cannabis 15 years ago. Now, I run a multi-million dollar business selling weed.
▼ + stars: | 2023-09-17 | by ( Yoonji Han | ) www.businessinsider.com time to read: +7 min

Keshawn Warner is the cofounder of Dazed, a cannabis dispensary in Massachusetts and New York. AdvertisementAdvertisementThis is an as-told-to essay based on a conversation with Keshawn Warner, co-founder of the cannabis dispensary Dazed. Then, in 2008, at the height of the stop and frisk era, I was arrested for trying to buy cannabis. A Dazed cannabis dispensary. AdvertisementAdvertisementWhen we heard that New York had legalized cannabis and was opening up its cannabis industry, my ears perked up.

Persons: Keshawn Warner, Warner, Yoonji Han, Woodrow Wilson, There's, we'd, Andrew Lichtenstein, dink, I'd, Patrick Roberts, frisked Organizations: Warner, Morning, Getty Images, Norfolk State University, Yankees, York Locations: Massachusetts, New York, New York City, East Harlem, Puerto Rican, California, Breckenridge in Colorado . Denver, York, Manhattan

☆ Two New Yorkers Hiked Up to the Hudson Valley With $700,000. Which House Was the Right Fit?
▼ + stars: | 2023-09-07 | by ( Karen Angel | ) www.nytimes.com time to read: +2 min

Unlike many recent New York City transplants, Dina Elachi and Victor Wong started looking for a house in the Hudson Valley in 2019, before the Covid pandemic supercharged the market. “We had been coming up here a lot for biking, hiking, rock climbing and ice climbing,” said Dr. Elachi, 36, a neonatologist and assistant professor of clinical pediatrics at New York-Presbyterian Hospital. “The area we were in wasn’t good for Wonton,” Dr. Elachi said. Of course, as Ms. Sweeney reminded them, “For most sellers, a lower down payment would not be a good thing. It was up to me to sell the story of allowing someone with debt to do what Americans want to do, which is own a home.”The search was “very exhausting,” Dr. Elachi said.

Persons: Dina Elachi, Victor Wong, ”, Elachi, Wong, Laurel Sweeney, Berkshire Hathaway, ” Ms, Sweeney, “ Organizations: Presbyterian Hospital, New, Berkshire Locations: New York City, Hudson, New York, Harlem, Korea, New Zealand, Ulster County

☆ Luxury NYC buildings woo residents with coworking spaces as remote work lingers
▼ + stars: | 2023-08-10 | by ( Valida Pau | ) www.cnbc.com time to read: +1 min

The latest must-have amenity in luxury New York City apartment buildings: a designated coworking space for remote workers. Apartment developers are building out private offices, conference rooms and even podcasting booths to capitalize on a lingering work-from-home trend. "A coworking space was actually the top of my list when I was touring," said Lauren Wells, a fashion designer and a resident at 420 Kent in Williamsburg. "When I need to meet with a customer for work, I can just bring up some of my work create a little space up there." Rent at each of the luxury rental buildings can run up to $7,950 per month for a one-bedroom apartment, while a studio for sale can cost nearly $1 million.

Persons: Matthew Villetto, Douglas, Lauren Wells Organizations: Pew Research Center, Development, Financial District Locations: New York City, Kent, Williamsburg, East Harlem, Washington, Tribeca

☆ How Rao's pasta sauces went from the kitchen of New York's most exclusive Italian restaurant to be sold to Campbell's in a $2.7 billion deal
▼ + stars: | 2023-08-08 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Specialty foods company Sovos bought the brand in 2017 and grew sales to more than $600 million. Bobby Bank/WireImageSales grew slowly until 2017 when specialty foods company Sovos Brands bought the Rao's Homemade packaged foods division and turned up the proverbial heat. Hermida added that sauce makes up more than 80% of Sovos' business, and that one in eight US households buy Rao's Homemade sauce. Sovos reported Rao's brand sales of $580 million in 2022, largely through Costco and Walmart, and sales have already climbed more than 33% in 2023. On Monday, Sovos announced a $2.7 billion deal with Campbell Soup in which the packaged foods giant would acquire the group, including Rao's Homemade.

Persons: Sovos, Campbell Soup, Frank Pellegrino Sr, Frank Pellegrino, Dino Gatto, Yuri Hermida, Forbes, Hermida, Campbell Organizations: Service, Bobby Bank, WireImage, Sovos Brands, Costco, Walmart Locations: Wall, Silicon, East Harlem, New York, Las Vegas, Los Angeles, Rao's

☆ Community Land Trusts Are Working to Create New Homeowners
▼ + stars: | 2023-07-08 | by ( Claire Fahy | More About Claire Fahy | ) www.nytimes.com time to read: +2 min

The community land trust model was largely used in rural communities until the 1980s, when Cincinnati became the first city to have a land trust operate in an urban neighborhood. In 1984, Senator Sanders, who was then the mayor of Burlington, created one to help address his city’s housing crisis. In 2020, the East Harlem El Barrio community land trust bought four apartment buildings that had fallen into disrepair from the city for one dollar each. Around the country, activists have also used community land trusts in nontraditional ways. Steve King, the executive director of the Oakland Community Land Trust, said California has seen its number of land trusts double in the last few years.

Persons: Sanders, Athena Bernkopf, West, Steve King Organizations: Cincinnati, East Harlem El, Preservation, East, Land Trust Locations: Burlington, New York, East Harlem El Barrio, East Harlem, Leimert, Los Angeles, Mr, Oakland, California

Search resuls for: "East Harlem"

25 mentions found