A longtime advisor to ex-New York state comptroller Alan Hevesi was sentenced to a maximum of four years in prison for his role in a kickback scheme involving the state's multibillion dollar pension fund.
New York City, New York State and New Jersey saw a dip in economic activity at the end of last year even as the U.S. economy continued to grow, according to the Federal Reserve Bank of New York.
The owners of the New York Mets turned a blind eye to Bernie Madoff's Ponzi scheme, reaping about $300 million in phony profits from that were used to fund the day-to-day operations of the baseball team, documents unsealed in a Manhattan court accused on Friday.
Wal-Mart was ripped by sharp-tongued critics who oppose the retail giant's potential move into the city during a City Council hearing that drew more than 100 people to the former Emigrant Savings Bank in Lower Manhattan on Thursday.
Chinatown business leaders have reservations about China's largest bank snapping up an 80 percent stake in a U.S. subsidiary of a bank with branches in Manhattan's Chinatown, Sunset Park, Brooklyn, and Flushing, Queens.
Manhattan District Attorney Cyrus Vance said he wants to expand the powers of an already powerful state law called the Martin Act so he can more aggressively prosecute white-collar crime.
New York City and Boston are vying for the No. 2 spot in Venture Capital Deals following Silicon Valley.
Prices of homes sold in Queens and Brooklyn in the fourth quarter rose five and six percent, respectively, from the same period in 2009, according to a New York City appraisal firm.
Here's one sign that the economics of New York City companies are improving: they want to upgrade their addresses.
When I met Eddie Hsaio on Monday, he was warming himself up on an idling bus, stuck in the snow, because it was the only place to escape the bitter winds and 20 degree weather outside.
Which billboard in all of New York is the most valuable to advertisers? One Times Square It's an iconic location at the corner of 43rd Street and Broadway and is best known as the place where the ball drops each New Year's Eve. It is also covered with the most expensive billboards in the world.
After waiting in vain for nearly two hours on the city's 311 help line, Louisa Ocean decided to hang up the phone and do it herself.
My trip to John F. Kennedy airport on Monday involved weighing one bad option against another: getting into a cab at 10 a.m. this morning when the roads hadn’t been completed plowed (the car service operator told me it would be take at least two hours, possibly three or four, from downtown Brooklyn) or taking the A train, which was traveling as far as the Euclid Avenue station in East New York.
Governor Paterson says that in retrospect, he should have spoken to the victim's family before commuting the sentence of John Harris White yesterday.
Amanda Butler decided to start her day early. She came out to Soho at 8 in the morning and was surprised to see the stores were not as crowded as she thought they would be.
Bucking the national trend, New York City unemployment dropped slightly last month.
Hoping to help feed and grow the local technology start-up community, the Bloomberg administration is trying to attract a new school for engineering and applied sciences to New York City.
New Jersey gained 10,000 jobs in November, but not enough to lower the state's unemployment rate of 9.2 percent.
Delivering a campaign style speech at the Brooklyn Navy Yard Wednesday, New York Mayor Michael Bloomberg harshly criticized the federal government for being distracted by partisan politics and failing on its most pressing task -- creating jobs. The mayor's spokesman insists Bloomberg is not running for president, but many believe Bloomberg is at least weighing the option.
City officials want to rent or sell part of the largest city-owned office tower in Brooklyn, the Brooklyn Municipal Building, in an effort to raise money for the cash-strapped city.