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REUTERS/Angus Mordant/File Photo Acquire Licensing RightsNEW YORK, Sept 19 (Reuters) - A federal judge on Tuesday said DoorDash (DASH.N), Grubhub (TKWY.AS) and Uber Eats (UBER.N) can sue New York City over a law capping how much they can charge restaurants for delivering meals. "Good news from New York City," CEO of Grubhub's parent company Just Eat Takeaway, Jitse Groen, wrote on X, formerly known as Twitter. Woods said the plaintiffs adequately alleged that the law unconstitutionally interfered with their ability to collect higher commissions under their contracts with restaurants. The plaintiffs have said commission caps would necessitate higher delivery fees, resulting in higher prices for consumers and less revenue for restaurants. The case is DoorDash Inc et al v City of New York, U.S. District Court, District of New York, No 21-07564.
Persons: Angus Mordant, DoorDash, Gregory Woods, Nicholas Paolucci, Grubhub, Jitse Groen, Woods, Jonathan Stempel, Diana Mandiá, Mark Potter, Timothy Gardner Organizations: REUTERS, New, Constitution, New York, City Council, Council, Twitter, Thomson Locations: Manhattan , New York, U.S, New York City, Manhattan, New York, Amsterdam, San Francisco, City of New York, Gdansk
CNN —Ukrainian President Volodymyr Zelensky met Wednesday evening in Manhattan with Wall Street CEOs and business power players to discuss efforts to rebuild his war-torn country and its economy, a person familiar with the matter tells CNN. Ukrainian President Volodymyr Zelensky met Wednesday evening with Wall Street CEOs and business power players to discuss efforts to rebuild his war-torn country and its economy, a person familiar with the matter told CNN. Zelensky is scheduled to visit the White House on Thursday for a meeting with US President Joe Biden. The meeting on Thursday evening was hosted by Mary Callahan Erdoes, CEO of JPMorgan Asset & Wealth Management, Workplace CEO Vince LaPadula and JPMorgan alternative investments boss Anton Pil. JPMorgan CEO Jamie Dimon was not present at the meeting as he was traveling, the source said.
Persons: Volodymyr Zelensky, JPMorgan Chase, Eric Schmidt, Mike Bloomberg, Robert Kraft, Bill Ackman, Henry Kissinger, Barry Sternlicht, Joe Biden, it’s, Mary Callahan Erdoes, Vince LaPadula, Anton Pil, Jamie Dimon Organizations: CNN, Wall Street, JPMorgan, New England Patriots, White, Fox Business, JPMorgan Asset, Wealth Management Locations: Manhattan, midtown Manhattan, Ukraine, Kyiv
UNITED NATIONS (AP) — It's Day 2 of the U.N. General Assembly high-level meeting that brings world leaders together at U.N. headquarters in New York. Political Cartoons View All 1169 Images— Speech count: 37, including opening speeches from the secretary-general and General Assembly presidentWHAT TO EXPECT AT THE UN GENERAL ASSEMBLY ON DAY 2— The U.N. Security Council will also meet. On the agenda: “maintenance of peace and security in Ukraine.” That country's president, Volodymyr Zelenskyy, is expected to attend. Climate Ambition Summit, where only leaders from nations that bring ideas for new and meaningful action will be allowed to speak. ___For more coverage of this year's U.N. General Assembly, visit https://apnews.com/hub/united-nations-general-assembly
Persons: , António Guterres, Volodymyr Zelenskyy, Joe Biden, Benjamin Netanyahu, Netanyahu, QUOTABLE, , Gustavo Petro Organizations: UNITED NATIONS, General Assembly, UN GENERAL, General, . Security, Ambition, Israeli Locations: U.N, New York, Manhattan, Libya, Nagorno, Karabakh, Ukraine
WASHINGTON, Sept 18 (Reuters) - With the world on track to break the record for the hottest year in history, world leaders, business leaders, celebrities and activists have converged on midtown Manhattan for Climate Week and the U.N.'s Climate Action Summit, again focusing the world's attention on the climate crisis. As of Monday, the U.N. had not announced which world leaders or officials would get one of the coveted speaking slots at the climate summit. "It is disheartening to witness the lack of ambition on what truly ails us – emissions from fossil fuels," the small islands alliance said in a statement. "We implore the international community to use the platforms of the UNGA and New York Climate Week to signal unequivocal support for Small Island Developing States," it said, using the acronym for the U.N. General Assembly. Meanwhile, at several hotel ballrooms and other venues across Manhattan, around 2,600 people have registered for in-person attendance at Climate Week events featuring over 200 speakers from the private sector, governments and nongovernmentalion (NGOs.
Persons: Antonio Guterres, we're, Selwin Hart, Guterres, Hart, We’ve, Romain Ioualalen, Valerie Volcovici, Jonathan Oatis Organizations: Climate, United Nations General Assembly, U.N, Action, United Arab, Alliance of Small, General, Oil Change, Thomson Locations: Manhattan, Paris, United Arab Emirates, Brazil, China, South Africa, India, Russia, New, midtown Manhattan
Tens of thousands of people, young and old, filled the streets of Midtown Manhattan under blazing sunshine on Sunday to demand that world leaders quickly pivot away from fossil fuels dangerously heating the Earth. Their ire was sharply directed at President Biden, who is expected to arrive in New York Sunday night for several fund-raisers this week and to speak before the United Nations General Assembly session that begins Tuesday. “Biden, you should be scared of us,” Emma Buretta, 17, a New York City high school student and an organizer with the Fridays for Future movement, shouted at a rally ahead of the march. “If you want our vote, if you don’t want the blood of our generations to be on your hands, end fossil fuels.”The Biden administration has shepherded through the United States’ most ambitious climate law and is working to transition the country to wind, solar and other renewable energy. But it has also continued to approve permits for new oil and gas drilling.
Persons: Biden, “ Biden, ” Emma Buretta, Organizations: United Nations General Assembly, New York City, United Locations: Midtown Manhattan, New York, New, United States
But another, Sonny Werblin of the New York Jets, offered to pay him a player’s salary to become the team’s official painter. After a year, Barnes had built up enough of a portfolio for Werblin to sponsor Barnes’s first solo show, at the famed Grand Central Art Galleries in Midtown Manhattan. His work, which rendered football as modern-day gladiatorial spectacle, was stylized and dramatic. If the art world was going to reject him, then he would reject it. “When I found out that I didn’t have to belong, really, to that world,” he said, “that was much more assuring to me as a human being.”
Persons: Barnes, Barron Hilton, Sonny Werblin, Barnes’s, ” Barnes, Organizations: San Diego Chargers, American Football League, New York Jets, Werblin, Grand Central Art Galleries Locations: Midtown Manhattan, Seattle, backpedal, New York
A crowd frequently spotted on yachts filled the Pool restaurant in Midtown Manhattan on Tuesday night for the second annual Caring for Women Dinner hosted by the Kering Foundation. “I said yes because Salma asked,” Oprah Winfrey, a co-chair for the dinner, said as she addressed the room, referring to Salma Hayek Pinault, who is also a co-chair and board member of the Kering Foundation. The space was filled to the brim with tropical plants and marquee names. “I don’t get out much,” Ms. Winfrey said, adding, “I only come out with the intention of using my voice in a way that can be meaningful and helpful.”Inside the dining room, where guests were served a dinner of scallop aguachile and lamb belly, Leonardo DiCaprio sat with Olivia Wilde, Prabal Gurung and Malala Yousafzai, and across from Zoë Kravitz and her partner, Channing Tatum.
Persons: , Salma, Oprah Winfrey, Salma Hayek Pinault, Ms, Winfrey, Leonardo DiCaprio, Olivia Wilde, Prabal Gurung, Malala, Zoë Kravitz, Channing Tatum Organizations: Kering Foundation Locations: Midtown Manhattan
E. Jean Carroll reacts as she exits the Manhattan Federal Court following the verdict in the civil rape accusation case against former U.S. President Donald Trump, in New York City, U.S., May 9, 2023. REUTERS/Brendan McDermid Acquire Licensing RightsNEW YORK, Sept 13 (Reuters) - A federal appeals court on Wednesday rejected Donald Trump's bid to put the writer E. Jean Carroll's second defamation case on hold, but sped up the former U.S. president's appeal. Trump also cited "immense public interest" in letting the appeals court decide the issue. The appeals court could order Trump to pay damages and costs if it agreed. The case is Carroll v. Trump, 2nd U.S.
Persons: Jean Carroll, Donald Trump, Brendan McDermid, Donald Trump's, Jean Carroll's, Trump, District Judge Lewis Kaplan's, Carroll, Kaplan, Trump's, Jonathan Stempel, Daniel Wallis Organizations: U.S, REUTERS, District, Elle, Circuit, Carroll, Trump, CNN, Thomson Locations: Manhattan, New York City, U.S, midtown Manhattan, New York
Shoppers walk past a Bloomingdale's store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022. With the move, the legacy retailer is adding an outside perspective and a dash of global flair to the higher-end department store. Bron, 46, is a French national who was most recently CEO of Central and Robinson department stores in Thailand. A 36-year veteran of Bloomingdale's, Spring became CEO-elect of the parent company Macy's in March. Macy's said Tuesday that it has tapped international retail executive Olivier Bron as the next CEO of its upscale department store, Bloomingdale's.
Persons: Bron, Tony Spring, Spring, Jeff Gennette, Macy's, Olivier Bron, Michael Gould, Beverly, Bloomingdale's, Nordstrom Organizations: Bain & Company, Central, Robinson, Bloomingdale's, Macy's, Beverly Hills Locations: SoHo, New York, Lafayette, Paris, Bron, French, Thailand, Dubai, Kuwait, Manhattan, New York City, Seattle, Macy's
Yenchun Chen, a Queens man accused of trying to sell fentanyl and crystal methamphetamine to an undercover officer, was being held at Rikers Island last month when he complained about chest pains, according to authorities. He spent several days at Mount Sinai Beth Israel in Midtown Manhattan, where he was guarded by two Department of Correction officers and received occasional visitors. On the afternoon of Aug. 9, according to the police, Mr. Chen — all 6-foot-3 and 250 pounds of him — slipped quietly away. Mr. Chen, 44, told guards that he needed to shower and they permitted him to bathe alone, according to a law enforcement official with knowledge of the matter. Five minutes later they checked on him, but the shower was empty, the window was open and a rope made of knotted sheets was dangling from it, the law enforcement official said.
Persons: Yenchun Chen, Sinai Beth, Chen —, , Chen, , Joseph Kenny Organizations: of Correction Locations: Queens, Sinai, Sinai Beth Israel, Midtown Manhattan
Fashion Tribes of New York
  + stars: | 2023-09-11 | by ( Vanessa Friedman | More About Vanessa Friedman | ) www.nytimes.com   time to read: +1 min
It’s been a while since New York was the main character in any costume drama, a while since it starred as anything other than a problem: abandoned, messy, crime-ridden, economically challenged. But as New York Fashion Week began, the city’s designers were telling a different story. One about the city as a place of chaos, movement and dreams. “I was thinking about the inspiration that New York has given me, and it made me want to explore New York style archetypes, and my own personal New York style archetypes, from when I came to the city for my first job,” Stuart Vevers said in a preview before his lively 10th-anniversary Coach show, held in the heart of Midtown Manhattan at the New York Public Library. They were part of the New York of his mind, a place where people come from elsewhere (Mr. Vevers is British) and find their tribe, which isn’t necessarily defined by geography any more — by uptown or downtown, east or west — but rather by state of mind.
Persons: It’s, , ” Stuart Vevers, Vevers, slouchy pantsuits Organizations: York, New York Public Library, Pyramid Club Locations: New York, York, New, Midtown Manhattan
A developer and an architect explain how they transformed NYC financial district office buildings. But some developers and architects have used the opportunity to lean into a business model they'd been pursuing long before COVID-19: turning empty office buildings into housing. They're currently finishing up their transformation of 160 Water Street, a 1970s office tower in lower Manhattan that will become 586 apartments. AdvertisementAdvertisementThe exterior of 160 Water Street, a former office building that's undergoing full reconstruction to create nearly 600 market-price apartments. Rent at 160 Water will range from about $3,500 for a studio apartment up to $7,500 for a two-bedroom.
Persons: they'd, They're, Vanbarton, Eric Adams, Joey Chilelli, Robert Fuller, Fuller, Lev Radin, Chilelli, Organizations: Service, Vanbarton Group, New Locations: NYC, Wall, Silicon, York, Manhattan, New York
FILE PHOTO: A person walks past a First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. However, the FDIC added that its supervisors were too “generous” in gauging some of First Republic’s risks, notably around interest rates and uninsured deposits. First Republic was subsequently seized by the FDIC and most of its assets sold to JPMorgan Chase. Similarly, the FDIC found in its April post-mortem of the Signature failure that the agency lacked resources to properly supervise the bank as management pursued an overly aggressive growth strategy. “Both regulation and supervision must be strengthened,” said CEO Dennis Kelleher of Better Markets, a group favoring tougher regulation, in response to the report.
Persons: Mike Segar, , Friday’s, , Dennis Kelleher Organizations: WASHINGTON, Federal Deposit Insurance Corp, Republic, First, First Republic Bank, REUTERS, FDIC, Silicon Valley Bank, JPMorgan Chase, Bank, Federal Reserve, Congress, Better Locations: First Republic, Midtown Manhattan, New York City , New York, U.S, California, Republic, Silicon, New York
FILE PHOTO: A person walks past a First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. However, it added bank supervisors were too “generous” in gauging some of its risks, notably around interest rates and a high level of uninsured deposits. First Republic’s collapse, which saw the bank seized by regulators and most of its assets sold to JPMorgan Chase, was the second largest bank failure in American history. It however said the bank likely would have been more resilient to the spreading panic had supervisors criticized bank management practices sooner. The FDIC ultimately found that its supervision team was timely in examining First Republic and producing its findings.
Persons: Mike Segar, JPMorgan Chase, Organizations: WASHINGTON, Republic, First, First Republic Bank, REUTERS, Deposit Insurance Corporation, Silicon Valley Bank, JPMorgan, FDIC Locations: U.S, First Republic, Midtown Manhattan, New York City , New York, Silicon, Washington
Former U.S. President Donald Trump departs from Trump Tower to give a deposition to New York Attorney General Letitia James who sued Trump and his Trump Organization, in New York City, U.S., April 13, 2023. In a filing with a New York state court in Manhattan, Attorney General Letitia James said her valuation and accounting experts believe Trump falsely boosted his net worth by between $1.9 billion and $3.6 billion a year over a decade. The attorney general wants a $250 million fine, and to bar Trump and his sons Donald Trump Jr. and Eric Trump from leading their family business, the New York City-based Trump Organization. Citing her experts, James said Trump may have inflated his net worth by $3.5 billion to $3.6 billion every year from 2014 to 2019, the last three while Trump was in the White House. The New York civil case is New York v Trump et al, New York State Supreme Court, New York County, No.
Persons: Donald Trump, Letitia James, Trump, Mike Segar, James, Donald Trump Jr, Eric Trump, Arthur Engoron, Democrat Joe Biden, Engoron, Jonathan Stempel Organizations: U.S, Trump Tower, New York, Trump Organization, REUTERS, Trump, New, Lawyers, libeled, Democrat, TRUMP, Court, Thomson Locations: New, New York City, U.S, New York, Manhattan, Lago, Florida, midtown Manhattan, Court , New York County
The News Corporation logo is displayed on the side of a building in midtown Manhattan in New York, U.S., February 27, 2018. "What you will see over time is a lot of litigation; some media companies have already begun those discussions," said News Corp Chief Executive Robert Thomson, speaking at the Goldman Sachs Communacopia + Technology Conference. It's unclear whether more publishers will ultimately strike deals with the tech companies or pursue litigation related to the use of that content. The Associated Press struck a deal in July, licensing a part its archive of news stories to ChatGPT-owner OpenAI. Reporting by Zaheer Kachwala in Bengaluru; Editing by Pooja Desai and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.
Persons: Lucas Jackson, Robert Thomson, Goldman Sachs, we're, Bard, ChatGPT, OpenAI, Zaheer Kachwala, Pooja Desai, Aurora Ellis Organizations: REUTERS, News Corp, News, Technology, Publishers, Sunday Times, Wall Street, OpenAI, Associated Press, Thomson Locations: Manhattan, New York, U.S, Bengaluru
“Irving made it possible for us to buy that work of art, pure and simple,” said Glenn D. Lowry, MoMA’s longtime director. Born Dec. 1, 1930, in New York, where his father owned furniture stores, Blum moved to Phoenix when he was 10. Blum met the collectors who came to visit galleries in the area. Blum came back with a painting by Josef Albers — a pioneer of color in abstract art — and he was on his way. Then in 1956 the gallerist David Herbert took Blum to meet Ellsworth Kelly.
Persons: “ Irving, , Glenn D, Lowry, MoMA’s, Warhol, ” Blum, Ellsworth Kelly’s, Frank Stella’s “, Blum, Hans Knoll, Betty Parsons, Sidney Janis, Eleanor Ward, Martha Jackson —, , Sam Kootz, Florence Knoll, Josef Albers —, David Herbert, Ellsworth Kelly Organizations: Museum of Contemporary Art, Air Force Locations: Frank Stella’s “ Ctesiphon, Los Angeles, New York, Phoenix, Tucson, German, Knoll, Midtown Manhattan, Connecticut
Lauren Savoie, 34, an editor at Insider, moved from Boston to Kansas, with her husband, 36. After trying a rural life, Savoie has decided she is a "city kid," and plans to move to New York City next year. So, a little over a year ago, we moved to Manhattan, Kansas, where the university is. The Salina Regional airport, left, is an hour away from Manhattan, Kansas. Healthcare, even in the case of an emergency, was much harder to find in Manhattan, Kansas than it was in Boston.
Persons: Lauren Savoie, She's, I've, Kansas Eddie Brady, I'd, I'm, it's, Lauren Savoie I've, we'll Organizations: Service, Kansas State University, Business, American Airlines, Salina Regional, Healthcare Locations: Boston, Kansas, Savoie, New York City, Wall, Silicon, Manhattan , Kansas, Oregon, Vermont, Manhattan, Chicago, Dallas, Salina, . Kansas, New York City . New York City, New York, Westchester, Midtown Manhattan
Within a few weeks, the app connected Ms. Scalesse with Sheldon Thien Nguyen, 31, a pharmacist living in New Brunswick, N.J., which was at least an hour’s drive from where she lived. “Bri didn’t realize that Manhattan was something like two or three miles wide, so she had her radius set really huge,” Mr. Nguyen said. “It’s the reason we met,” Ms. Scalesse said. Their first date was at a Totto Ramen in Midtown Manhattan on the morning of Feb. 17, 2019; Ms. Scalesse fretted about what to wear. “We had talked about being in fashion, so we both wanted to show up with the coolest fits,” said Ms. Scalesse, 28, a model and a disability advocate.
Persons: Sophia Scalesse, Scalesse, Sheldon Thien Nguyen, “ Bri, Mr, Nguyen, , ” Ms, Locations: Manhattan, Norwich, Conn, New Brunswick, N.J, Midtown Manhattan
Dan McNamara's Polpo Capital is shorting office real estate, a risky move that could be lucrative. If you're looking for a doomsday vision of commercial real estate, you can find it there. "I don't think this is the 'Big Short,'" McNamara told me. This doesn't mean he doesn't have a game plan to make money off cultural shifts that could forever change the state of commercial real estate. Lucas Jackson/ReutersWhere he's going longOne risk of shorting real estate is that it's more susceptible to what's known in real-estate circles as "extend and pretend."
Persons: Dan McNamara's, McNamara, it's, It's, shorting, Carl Icahn, Jim Chanos, Brendan McDermid, Dan McNamara, McNamara's, Braver Stern, Dan McNamara McNamara's, suede loafers, McNamara didn't, Josh Nester, Polpo, he's, Morgan Stanley, Kamil Sadik, Lucas Jackson, Manus Clancy, You've, David Tepper's, Trepp's Clancy, Clancy, David Tepper Organizations: Central Park, New, Polpo, New York University, Columbia, Kynikos Associates, Enron, Asset Management, Reuters, UBS, Co, Societe Generale, Securitized Credit Partners, Credit Suisse, MP, Fund, Bloomberg, of America, Simon Property, Federal Locations: Manhattan, Sixth, Central, New York City, New York, MatlinPatterson, America, China, Italy, Westchester , New York, Tribeca, York, Westchester, Waterford , Connecticut, Baltimore, San Francisco
CNN —Brice Marden, the abstract painter known most widely for his long, winding calligraphic mark-making that stood out against monochromatic backgrounds, has died aged 84. His death was confirmed to CNN by Gagosian, the New York gallery that represented him, via email on Thursday. "Uphill with Center" (2012-15) by Brice Marden. It’s just been an extra thing to think about.”Marden was born October 15, 1938 in Westchester County, just north of New York City. "Cold Mountain 6 (Bridge)" (1989-91) by Brice Marden.
Persons: CNN — Brice Marden, Larry Gagosian, “ Brice Marden, Marden’s, Helen —, , Brice Marden, Marden, , , ” Marden, Alex Katz, Jon Schueler, Richard Serra, Chuck Close, Celmins, Nancy Graves, Pauline Baez, Joan Baez, Jasper Johns, Johns ’, Édouard Manet, Francisco Goya, Francisco de Zurbarán, Johns, Bob Dylan, Pete Seeger, Nicholas, Helen Marden, Dorothea Rockburne, Robert Rauschenberg, Matthew Marks, Rosetta Stone Organizations: The Art, CNN, Gagosian, New York Times, Memorial Sloan Kettering, Boston University, Yale, Fine Arts, Rauschenberg Foundation, Jewish Museum, New Locations: New York, Tivoli , New York, Gagosian, Westchester County, New York City, American, Kansas City, Midtown Manhattan, Greece, Maryland
Emma Brooke moved from Berlin to New York City in 2022 after working throughout Europe and Japan. After a decade of working all over Europe and in Japan, I moved my job to New York City from Berlin in 2022. But in some ways, the differences have been just as hard to navigate as when I moved to Tokyo. Here are some of the biggest culture shocks I've encountered and how I survived them. Work-life balanceEurope's work culture is the stuff of legend — 30 days of vacation, two-hour lunches, and no emails after 5 p.m.
Persons: Emma Brooke, I've, , Brooke, Emma Brooke In, I, It's, wasn't, Slack, I'd, Lauryn Haas Organizations: Service, lhaas Locations: Berlin, New York City, Europe, Japan, Wall, Silicon, Tokyo, New York, Emma Brooke In Paris, Manhattan, Brooklyn, Paris
A U.S. senator accused New York of orchestrating a “shakedown” of New Jersey commuters. A Democratic congressman implied that the fall from grace of New York’s former governor Andrew Cuomo was karmic payback for his support for the new tolls, known as congestion pricing. Another accused the head of North America’s largest mass transit system of giving children cancer. The gloves are off in a long-simmering border war between New York and New Jersey. And this latest battle has given rise to a curious new set of allies and enemies, allegations of hypocrisy and vivid trash talk — a situation that may grow only more intense as the start of congestion pricing nears, possibly in May next year.
Persons: Philip D, Murphy, Andrew Cuomo, Mr, Organizations: New, Biden, Democratic Locations: New Jersey, New, Midtown Manhattan, U.S, York, New York
New York CNN —Barbara Lakin sits on a bus in New York City, her fingers busy sewing blue thread into a tiny dress. On the seat beside her, six disheveled Barbie dolls stick out of her backpack. Cory CurtinUsing old Barbies she buys or donated dolls, Lakin, a New Yorker living in the East Village, restores the toys as gifts for the children. In March, the organization also opened the Little Shop of Kindness, where the migrants can shop for free and young migrant girls can receive the Barbies. This way, she can donate matching Barbie dolls and shirts to father-and-daughter duos who come to the store.
Persons: Barbara Lakin, Barbie, ” Lakin, Lakin, Cory Curtin, , , Greg Abbott, Human Services Anne Williams, Eric Adams ’, Alejandro Mayorkas, Williams, Isom, Ilze Thielmann, Thielmann, Ilze, , we’re, Barbara Lakin Lakin, Barbies Organizations: New, New York CNN, CNN, TLC, New York’s Port Authority Bus, Texas Gov, Health, Human Services, Homeland, Migrants, WCBS, Port Authority, Kindness Locations: New York, New York City, Central, South America, New Yorker, East, New York’s, Washington and New York, Midtown Manhattan, Long Island City, Bryant, England, Latina
People like to write off New York City, and time and again, this city proves them wrong. It’s never been magic, however — the resurrection of the greatest city in the world has always required grit and ingenuity, backed by its political, business and civic leadership exerting a will to match the moment’s greatest problems. The labor market is strong, and by this spring, New York’s economy had recovered more than 99 percent of the jobs it lost during the pandemic. Tourism is booming, and the city expects to receive more than 63 million visitors this year. Much of that flight appears to be among the city’s wealthiest residents, further weakening its coffers.
Persons: It’s, — aren't Organizations: Times, Citizens Budget Commission, Midtown, Broadway Locations: New York City, Tourism, Midtown Manhattan
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