Streams

New York Poles Returning to Poland

Friday, September 19, 2008

The troubling economic times here are making some immigrants think about going home. Nineteen years after the collapse of communism and four years after joining the European Union, Poland is booming and young Poles in the United States want to profit from these changes. They're ...

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Flu Shots Not So Popular

Friday, September 19, 2008

The Bloomberg Administration says fewer seniors are choosing to get flu shots, even though local, state and federal officials keep encouraging them to do so. WNYC's Fred Mogul has more.

REPORTER: Flu can be potentially fatal among the very young, very old and chronically ill. Five ...

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Bloomberg Expresses Doubts about Bailout

Friday, September 19, 2008

As the federal government prepares to absorb billions of dollars in bad debt, New York City's billionaire Mayor says he's not sure if the bailout plan will work.

REPORTER: Mayor Bloomberg says the jury is out on the prudence of the government absorbing a half-trillion dollars ...

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Continued Job Loss Would Slump Housing Sales

Friday, September 19, 2008

The woes on Wall Street are raising questions about any impact on Manhattan's residential real estate. WNYC’s Lisa Chow reports.

REPORTER: The big what if for people watching the real estate market is, what if the city continues to lose jobs? If that happens, housing prices ...

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Lights Out at the House That Ruth Built

Friday, September 19, 2008

Yankee Stadium ends its 85-year iconic baseball legacy Sunday evening. In its wake, New York Yankees fans are in a frenzy to get a literal piece of the stadium known as the House that Ruth built. WNYC's Elaine Rivera spent the week talking to fans ...

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Juvenile Initiative Measured in Growing Report

Thursday, September 18, 2008

The annual management report from the mayor's office is out. It details how the city's doing in areas including education, crime fighting, and construction safety. WNYC's Bob Hennelly takes a look at a new program targeting offenders entering the juvenile justice system.

REPORTER: Overall, the volume ...

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Nonprofits not Immune From Wall St. Woe

Thursday, September 18, 2008

The financial crisis is likely to have a direct impact on many of the city's nonprofits, which rely on corporate gifts. Fran Barrett is the executive director of Community Resource Exchange, which works with hundreds of nonprofits, including soup kitchens and housing programs. She says ...

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Costs Outpacing Revenues for New Yankees Stadium

Thursday, September 18, 2008

The new Yankee Stadium's financing will be the focus of a congressional subcommittee hearing today. Since its approval, the city's costs have risen so much that it may no longer be making more money from tax revenues than it's putting into the project. WNYC's Matthew ...

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Investors Feeling Wall St. Pain

Thursday, September 18, 2008

Investors in the financial sector are feeling the pain of zigzagging stock prices in the wake the demise of banking giants Lehman Brothers and Merrill Lynch.

Business school student Robert Cestola started investing overseas eight months ago and says he wants to keep his investments there ...

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New York Poles Returning to Poland

Thursday, September 18, 2008

The troubling economic times here are making some immigrants think about going home. Nineteen years after the collapse of communism and four years after joining the European Union, Poland is booming and young Poles in the United States want to profit from these changes.

They're following ...

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The Herd Mentality on Wall Street

Thursday, September 18, 2008

It's been a strange week on Wall Street. The stock market had a stunning late-session turnaround today, pushing the Dow Jones industrial average up more than 400 points. But just a few days ago, it suffered its worst daily plunge in nearly seven years.

Jonathan Clements, ...

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Brooklyn Hospital Doctors Seek Independence

Thursday, September 18, 2008

Doctors from Long Island College Hospital, in Brooklyn, are trying to win independence from a parent company they say wants to shut down the maternity ward and sell off property to stay afloat. Both sides are appealing to the state Health Department to restructure the ...

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50 Years of Lincoln Center

Thursday, September 18, 2008

Lincoln Center has announced plans for next year's 50th anniversary season. The Center is in the middle of a $1.2 billion redevelopment plan. Alice Tully Hall and the Juilliard School are being renovated, and the fountain plaza in the center of the campus has been ...

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Right to Emergency Shelter Guaranteed

Thursday, September 18, 2008

The 25-year fight over how the city deals with homeless families has finally ended. Yesterday, the Legal Aid Society and the City of New York reached a settlement in the drawn out case that produced dozens of court orders. The city says it's earned the ...

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City Settles 1983 Lawsuit Over Homeless Policy

Thursday, September 18, 2008

It started during Mayor Ed Koch’s administration…and ended today, under Mayor Bloomberg. The Legal Aid Society and the city announced a settlement that both sides are touting as a victory. The city says it will no longer be hampered by dozens of court orders that ...

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Bloomberg Upbeat on Handling of Fiscal Crisis

Thursday, September 18, 2008

Mayor Michael Bloomberg is expressing confidence in the CEO's and government officials who are dealing with the financial crisis on Wall Street.

BLOOMBERG: They know what the problem is and there's no easy solution. We've gotten ourselves in a situation that has taken a long time ...

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Is Stuy Town a Money Loser for Tishman?

Wednesday, September 17, 2008

Tishman Speyer and BlackRock realty paid $5.4 billion to purchase Stuyvesant Town and Peter Cooper Village on Manhattan’s East Side. The deal was touted as the most expensive real estate deal in American History and two year later it’s looking like a money loser. One ...

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Court Oversight of Homeless Services Dept. Ends

Wednesday, September 17, 2008

Twenty-five years of court oversight has ended for the city's Department of Homeless Services. The city has reached a settlement with the Legal Aid Society, which sued during the Koch Administration in 1983 over the way the city treats its homeless families seeking shelter for ...

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Paterson Defends Push for AIG Bailout

Wednesday, September 17, 2008

New York's governor, David Paterson, says his conscience is "clear" over his push to have the federal government bail out insurance giant AIG. He says AIG's demise would have had "unpredictable" consequences for the economy, from hedge funds to life insurance. WNYC's Brian Lehrer asked ...

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Tenants Groups Sue Rent Board

Wednesday, September 17, 2008

This summer the Rent Guidelines Board took the unusual step of approving higher increases for tenants who've lived in their rent-regulated apartments a long time and who pay some of the lowest rents. But a recent lawsuit challenges that decision. WNYC's Cindy Rodriguez reports.

REPORTER: This ...

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