The State Comptroller's office says budget targets for New York City and New York state will likely fall short this year. The reason is a drop in Wall Street revenues.

Fall is officially underway, and that means cold weather is inevitable.  With the cooler air, come struggles between landlords and tenants about heat.

New York City and the State Attorney General Eric Schneiderman have sued Bank of New York Mellon for fraud.

The court-appointed trustee working towards recovering funds for the people who invested money with Bernard Madoff is expected back in court Monday.

A new food journal came online on the first day of autumn, but it doesn't necessarily focus on food.

New York City Ballet’s fall season opened to a sellout crowd last night, with the world premiere of Ocean’s Kingdom. Former Beatle, Sir Paul McCartney, wrote the original orchestral score, his first for a ballet. His daughter, acclaimed clothing designer Stella McCartney created the costumes. New York City Ballet Master in Chief Peter Martins choreographed the work on City Ballet principal dancers Sara Mearns and Robert Fairchild.

There will be no new high rises in the Boerum Hill section of Brooklyn since the City Council voted unanimously Wednesday to change the neighborhood's zoning to what's called contextual.

New York City Council votes today on whether the Boerum Hill section of Brooklyn should get rezoned.

The Federal Reserve holds its Federal Reserve Open Market Committee meeting Tuesday and Wednesday. One of the goals, in line with the Federal Reserve’s mandate, will be to jumpstart the economy at a time when the recovery seems stalled.

Three authors group and eight authors are suing some universities to stop the creation of on libraries comprised of as many as seven million copyright-protected books.

Hundreds of Long Island University, Brooklyn Campus professors head to the streets Wednesday morning for a strike against the university.

The NYPD has dropped an appeal that would have prevented the New York Civil Liberties Union from getting access to internal reports on police shootings, an NYCLU spokesman said.

A new report out Wednesday examined how the more than $20 billion of federal money intended to help lower Manhattan after the September 11 attacks was actually spent.

A new study from the Pew Research Center found that less than a quarter of university presidents use Twitter.

How much is a backyard worth to you? If you've been longing for some green space to call your own, at least for a little while, then there is a place on the Lower East Side that can help — for a price.

Despite low consumer confidence and wild swings on Wall Street, retail giant Nordstrom opened a new concept store under a new name – Treasure and Bond – in Soho last week that will donate all profits to charity.

When Bank of America decided to buy troubled mortgage lender Countrywide Financial during the financial crisis of 2008, it many have underestimated the foreclosure costs that would come along with it.

News late Friday that Standard and Poors had downgraded US debt from its AAA credit rating came at the end of a tumultuous week for the markets. But it wasn't a surprise to many New Yorkers who work with the markets and credit ratings everyday for financial clients.

Newark Mayor Cory Booker is expected to reintroduce a budget to the Newark City Council Wednesday morning. Last month, his $772 million budget proposal was turned down. The sticking point for most Council members was a 7 percent increase to Newark's property tax.

Southpoint Park reopened on Roosevelt Island Tuesday. The park surrounds the abandoned smallpox hospital on the island.