Streams

Uncertainty Over Special Legislative Session

Friday, November 14, 2008

New York State lawmakers plan to return to Albany for Tuesday's special legislative session to deal with the budget deficit, but it’s uncertain just what they'll actually accomplish. Karen DeWitt reports from Albany.

REPORTER: Senate Republicans have already rejected Paterson's appeal for mid-year school aid cuts, ...

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The Cost of Doing Business Timeline

Friday, November 14, 2008

2005

Karnusa Equities buys 525 Clinton Avenue, Brooklyn, for $5.85 million; begins construction on a 13-story condominium tower the following year

Palacios, a recent immigrant from Mexico, begins working at Bell Tower Enterprises, a building subcontractor.

November 2, 2006

Local Law 52 goes into effect, requiring every supported scaffold more than 40 ...

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Ballot Counting Continues in Queens Senate Race

Friday, November 14, 2008

Alaska and Minnesota are not the only sites for senatorial recounts. Election workers are still pouring over ballots in a too-close-to-call state senate race in Queens. WNYC’s Fred Mogul has more.

REPORTER: After double-checking the machine votes over the course of the last week, about 500 ...

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Group Criticizes Child Support Fee

Friday, November 14, 2008

The Paterson administration is taking some heat from child advocates. They're offended by a new fee the state is charging when it helps single parents collect child support. WNYC's Cindy Rodriguez reports.

REPORTER: The $25 annual fee is required by the federal government. New York State ...

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Abolitionist Icon Memorialized

Friday, November 14, 2008

A memorial sculpture commemorating Harriet Tubman has been dedicated on Saint Nicolas Avenue in Harlem. The city's Department of Cultural Affairs commissioned the sculpture, created by artist Alison Saar, daughter of the pioneering African American artist Betty Saar. The massive bronze monument depicts Tubman striding ...

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A Closer look at Governor Paterson's Budget Proposal

Thursday, November 13, 2008

For the third time this year, a rapidly deteriorating economy has forced Governor Paterson to propose cuts to the current state budget. The latest round targets $2 billion dollars in cuts, much of it based on reduced spending for local schools and Medicaid. With us ...

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The Health of City Senior Centers

Thursday, November 13, 2008

They argue that there's not enough money to expand health services, as the city wants, without eliminating other services like meals and case workers.

City Council Speaker Christine Quinn says it’s wrong to take away services that people rely on.

QUINN: We are facing, we all know ...

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Real Estate Crisis: Where Do We Go Now?

Thursday, November 13, 2008

One of the key innovators of the mortgage-backed security market blames the Federal Reserve and regulators from 2001 on for today's financial crisis.

Larry Fink is now CEO of BlackRock, a Manhattan based asset management firm. He says Alan Greenspan's policy of lowering interest rates and ...

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Gas Drilling in Upstate New York Atracts Foreign Investors

Thursday, November 13, 2008

How valuable are upstate New York's untapped natural gas reserves? No one knows for sure. But as WNYC's Ilya Marritz reports, a new joint venture gives some clues.

REPORTER: StatoilHydro, a Norwegian company, will pay $3.4 billion dollars for a one-third share in Chesapeake Energy's northeast ...

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Exodus of Wealth?

Thursday, November 13, 2008

Governor Paterson has said he's reluctant to raise taxes on the wealthy because it might cause them to pack up and leave.

But at least one member of that tax bracket takes issue with his logic, Mayor Michael Bloomberg.

BLOOMBERG: I can only tell you, among my ...

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“Our aim should not be more government -- it should be smarter government”

Thursday, November 13, 2008

President Bush warns against too much oversight of Wall Street, but Michael Greenber of the University of Maryland thinks differently.

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New York City Council Expected to Pass Willets Point Plan

Thursday, November 13, 2008

The city's redevelopment plan for the Willets Point section of Queens is poised for passage in the City Council today after a last-minute deal. WNYC's Matthew Schuerman explains.

REPORTER: Just three months ago, a majority of council members signed an angry letter threatening to sink ...

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Governor's Budget Plan Stirring Strong Opposition

Thursday, November 13, 2008

Governor Paterson's plan to cut state spending by $2 billion dollars has set off intense opposition, especially for his plan to cut $585 million dollars in aid to schools. WNYC's Bob Hennelly reports.

REPORTER: The Governor is trying to put the best face on his austerity ...

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Job Report

Thursday, November 13, 2008

Advocates for low-income New Yorkers are bashing city programs aimed at getting welfare recipients into paying jobs, saying they don't work.

A new report from the group "Community Voices Heard" says only 9 percent of welfare applicants find jobs through the programs...and 75 percent lose them ...

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UFT Chief Slams Governor's Budget Outline

Thursday, November 13, 2008

While Governor Paterson calls them "spending reductions," unions and community groups say the budget cutting plan he outlined yesterday will hurt the working class and the poor. Speaking on the steps of City Hall yesterday, teachers union chief Randi Weingarten said slowing the growth in ...

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Maximum Sentence for Nixzaliz Santiago

Thursday, November 13, 2008

A child abuse case that led to an overhaul of the city's child welfare system has come to a close.

Nixzaliz Santiago, mother of 7-year-old Nixzmary Brown, was sentenced to up to 43 years in prison yesterday. That's about 14 more years than her husband Cesar ...

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NYC Cracks Down Employment Agency Scams

Thursday, November 13, 2008

The city's department of consumer affairs has shut down three employment agencies and issued fines to others after conducting an 18-month-long investigation into what it calls "predatory practices." Consumer Affairs Commissioner Jonathan Mintz says people seeking employment should beware.

MINTZ: If you're going to sign a ...

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Visions of a Better Coney Island

Thursday, November 13, 2008

As the city moves forward with a rezoning plan for Coney Island, some groups on the sidelines want to make sure it's as bold and eclectic as the place itself. The Center for an Urban Future surveyed 23 architects, historians, writers and even a video ...

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And the Shleppie Goes To....

Thursday, November 13, 2008

The slowest bus in the city is the M96 according to a yearly study by the Straphangers Campaign. Gene Russianoff helped time the buses. He says the study found it's faster to jog than take the M96.

RUSSIANOFF: We also found out that you could do ...

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About Those Troubled Assets…

Wednesday, November 12, 2008

Treasury says no bailout money will go to mortgage-backed securities. New York contemplates “green jobs” and Douglas Holtz-Eakin says he is “underwhelmed” by Paulson’s performance.

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