Streams

Pilot Program to Reserve Lanes for Slow Buses

Monday, September 15, 2008

City officials are trying to speed up one of the slowest buses in the city. Officials are set to unveil new bus lanes along 34th Street today. Only cars and trucks turning right will be allowed in the new lanes, which run from 1st Avenue ...

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Lehman Brothers Files for Bankruptcy

Monday, September 15, 2008

Lehman Brothers, a 158-year-old investment bank choked by the credit crisis and falling real estate values, filed for Chapter 11 bankruptcy protection from its creditors this morning and says it's trying to sell off key business units. The filing was made in the U.S. Bankruptcy ...

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City Will be 20% Seniors by 2030

Monday, September 15, 2008

The city is predicting 20 percent of its population will be senior citizens by 2030 and it's working now to get ready.

REPORTER: Jo Ivey Boufford, head of the New York Academy of Medicine, says the city doesn't necessarily need to provide many new programs, just ...

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Bloomberg Urges Calm Amid Wall Street Woes

Monday, September 15, 2008

In the wake of Lehman Brothers' collapse and the ongoing chaos on Wall Street, Mayor Bloomberg had a few words for a room full of reporters, namely- "Fear Not." WNYC's Arun Venugopal has more. REPORTER: As an extremely successful businessman who also happens to govern ...

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Paterson: AIG Allowed to Borrow from Subsidiaries

Monday, September 15, 2008

As the financial markets continue to roil, Governor David Paterson steps in to help ailing insurance giant AIG. WNYC's Elaine Rivera reports. In an unusual move, Paterson says he'll allow the American International Group - the world's largest insurer - to use $20 billion in ...

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Schumer Wants Fannie and Freddie to Freeze Foreclosures

Sunday, September 14, 2008

U.S. Senator Charles Schumer is calling on the newly tapped chief executives of Fannie Mae and Freddie Mac to temporarily freeze foreclosures on all whole loans held by the companies. Schumer says the freeze is critical to preventing another wave of foreclosures as a result ...

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Talks Continue on Lehman's Future

Sunday, September 14, 2008

Discussions over the future of Lehman Brothers are continuing Sunday, according to a spokesman for the New York Federal Reserve. Top officials from the Fed and the Treasury Department joined executives from several Wall Street banks in a meeting at the Fed's Lower Manhattan headquarters ...

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Health Officials Still Struggling for 9/11 Research Funding

Sunday, September 14, 2008

As another 9/11 anniversary passes, public health officials are still struggling to get funding to research long-term health impacts. WNYC's Bob Hennelly reports.

REPORTER: Even seven years after the attacks, Dr. Joan Reibman with Bellevue's World Trade Center Environmental Health Project says there are more questions ...

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Giants and Jets End Talks With Allianz

Saturday, September 13, 2008

The New York Giants and Jets have canceled negotiations on stadium naming rights with a German insurance company that once had ties to the Nazis. Allianz had been seeking a deal to put its name on the stadium being built by both teams in the ...

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Paterson Says LMDC Should Continue its Work

Saturday, September 13, 2008

Governor Paterson says he wants to hold onto the agency in charge of planning at Ground Zero.

REPORTER: Earlier this week, Mayor Bloomberg suggested eliminating the state's Lower Manhattan Development Corporation, to expedite development at the World Trade Center site. But the Governor says the LMDC ...

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Lehman Brothers in Talks With Potential Buyers

Saturday, September 13, 2008

Lehman Brothers chief executive Richard Fuld is reportedly in complicated negotiations with potential buyers, and the company could be sold piecemeal by Sunday night.

REPORTER: No matter who buys the troubled firm, Wall Street Journal blogger Heidi Moore says the area around the firm's midtown headquarters ...

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Obesity a Growing Problem for City's Mentally Ill

Saturday, September 13, 2008

Mental health experts are growing concerned about how much their patients weigh.

REPORTER: They're meeting with service providers in the city Saturday to discuss a new report, that says obesity is one of the main health problems for the mentally ill. The report's co-author, Dr. James ...

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Transportation Bill Seeks Relief for MTA

Saturday, September 13, 2008

The MTA is banking on a federal transportation bill that could bring $237 million to New York State.

REPORTER: The majority would go to New York City. The House has already passed the measure. It's intended to bring relief to commuters who've switched to mass transit ...

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Paterson Gives Moynihan Station Idea Last Chance

Friday, September 12, 2008

Governor Paterson is giving the troubled Moynihan Station proposal in West Midtown one last shot. He is giving the city and stat agencies involved 45 days to come to an agreement on how to renovate renovation Penn Station and create a new train hall in ...

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Paterson Wants New Fee on Electric Bills

Friday, September 12, 2008

Gov. David Paterson wants to add a fee to New Yorkers' electric bills, so he can add $49 million to the state's Home Energy Assistance Program. Officials says the monthly fee amounts to the cost of a cup of coffee.

David Hansell, commissioner of the State ...

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Report: Brooklyn Job Forecast Sunnier Than Rest of City

Friday, September 12, 2008

The Brooklyn Chamber of Commerce says the borough may be best suited to weather the economic downturn through mid-2009. It's releasing a labor market review today that says a diverse population and work force are the key to the borough's survival. Chamber President Carl Hum ...

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What Lehman's Downfall Means for New York

Friday, September 12, 2008

It looks like New York City is about to lose another one of its big financial institutions. Investment bank Lehman Brothers is up for sale, and top executives are racing to find buyers. The company's stock price was down 14 percent by the market's close ...

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Feast of San Gennaro Underway

Friday, September 12, 2008

The city's oldest religious street festival is underway in Manhattan's Little Italy. The Feast of San Gennaro has been going on every year since 1926, when it was first organized by Italian immigrants to New York.

Visitor Norman Kramer calls it a feast for the senses.

KRAMER: ...

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Food for Thought for the Aging New Yorkers

Friday, September 12, 2008

The city is overhauling the way it provides services to the 1.3 million senior citizens who live here. The Bloomberg administration says it needs to streamline how it serves the graying population because this over-60 sector is growing fast. In nearly 20 years, one-fifth of ...

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Fiterman Hall Fate Remains in Limbo

Friday, September 12, 2008

More than seven years after the Sept. 11, 2001, attacks, the fate of a 15-story City University building that was heavily damaged is still in limbo. WNYC's Bob Hennelly has more.

Catherine McVeigh Hughes, with Community Board 1, is alarmed at the lack of progress in ...

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