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WNYC News

MTA: Reduction in Service If Rescue Plan Not Approved

Friday, March 13, 2009

The Metropolitan Transportation Authority is reaffirming its pledge to eliminate several bus lines, and the W and Z trains and hike fares as much as 30 percent, if New York Senate Democrats don't get behind a financial rescue plan by March 25th. That's when the ...

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WNYC News

Bloomberg Fortune Intact, Says $$ Not a Factor in Mayoral Race

Thursday, March 12, 2009

Other billionaires may have taken a hit during this recession, but not Mayor Bloomberg. According to Forbes Magazine's survey of the world's wealthiest, Bloomberg's fortunes blossomed while others wilted. The magazine's annual list of billionaires ranks Bloomberg number 17 in the world with $16 billion. ...

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WNYC News

Movie Producers Say Renew Tax Credit

Thursday, March 12, 2009

A popular state tax credit for TV and film production has run out of funds. Actors, crew members and union reps are asking Governor Paterson to extend the credit, and make it permanent. Local movie producer John Penotti says that without the credit, jobs will ...

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WNYC News

Madoff Investors React to Plea

Thursday, March 12, 2009

Bernard Madoff was led away from a federal courtroom in Lower Manhattan in handcuffs, after he pleaded guilty to all 11 counts of fraud in a massive Ponzi scheme that wiped out many people's investments. More than 100 spectators crammed into the courtroom.

Madoff did not ...

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WNYC News

Chancellor Klein Supports National Standards

Thursday, March 12, 2009

City Schools Chancellor Joel Klein says he agrees with President Obama's call for national standards. Currently, all the states have their own math and reading tests which are often easier than the national exams used for comparing scores in the US to those of other ...

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WNYC News

FTA Extends Deadline for Transit Stimulus

Thursday, March 12, 2009

The definition of "shovel-ready" is shifting. The federal government is giving transit agencies, including the MTA, more than a year to spend its federal stimulus money. WNYC's Matthew Schuerman has more. REPORTER: House Democrats had wanted to give transit agencies just three months to commit ...

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WNYC News

Demand Growing at NYC Food Pantry

Wednesday, March 11, 2009

As unemployment grows, more New Yorkers are having a hard time putting food on the table. The increased need is straining the city's nearly one thousand food pantries. Eileen Markey spent an evening waiting on line at one of them, and has this story for ...

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WNYC News

Paterson Tables Unpopular Taxes

Wednesday, March 11, 2009

New Yorkers who download music from the internet, get haircuts, and belong to a gym have dodged potential taxes on those activities. Governor Paterson reached an agreement with state lawmakers to pull the unpopular taxes from his budget proposal, and use federal stimulus money to ...

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WNYC News

Crane Collapse Blamed on Workers

Wednesday, March 11, 2009

A report commissioned by the city's Buildings Department blames the crane collapse that killed seven people last March on workers, who didn't use the right equipment or procedures to raise the crane. Commissioner Robert LiMandri says his inspectors would not have caught the mistakes because, ...

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WNYC News

Paterson Says MTA's March 25th Deadline Firm

Wednesday, March 11, 2009

Governor Paterson is continuing to push for quick passage of the MTA's rescue plan to avert significant service cuts and a dramatic fare increase. He insisted that the March 25th deadline set by the authority for the legislature's approval was a real one.

PATERSON: I think ...

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WNYC News

Bedbug Avisory Board

Wednesday, March 11, 2009

In the battle against bedbugs, a possible new ally. The City Council is proposing the creation of a Bedbug Advisory Board, to help New Yorkers fight the pests. City Council speaker Christine Quinn says the board would include an entomologist, or bug scientist, and an ...

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WNYC News

$1.5 Billion of Stimulus Expected for NYC Transportation

Wednesday, March 11, 2009

The Brooklyn Bridge, subway stations and the Fulton Street Transit Center, all appear on the latest list of local projects that could receive federal stimulus money. WNYC's Matthew Schuerman has more.

REPORTER: The list is neither complete nor final. But it gives some idea of which ...

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WNYC News

Art Show Openings: Manga & Anime, Jenny Holzer

Wednesday, March 11, 2009

Two art shows opening this week look at media art -- and complex styles of communication.

First -- the world of Japanese cartoons and videos -- called "manga" and anime -- is on display at the Japan Society. The exhibition looks at 30 years of the ...

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WNYC News

Cyrus Vance Jr. Running for NYC DA

Monday, March 09, 2009

Cyrus Vance Junior officially added his name to the list of Democrats vying to become Manhattan's top prosecutor. At City Hall, he announced his candidacy to replace long-time DA Robert Morgenthau, who's retiring after nine terms. Vance says his top priority will be public safety:

VANCE: ...

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WNYC News

Paterson Wants Stimulus for NY Rail

Monday, March 09, 2009

Governor Paterson released New York's plan to get federal stimulus money for high speed rail service. If the state got the money, the governor is proposing spending it to improve passenger rail service, from Niagara Falls to New York City. State officials say they've identified ...

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WNYC News

Race to Succeed Morgenthau

Monday, March 09, 2009

It's a chance some have looked forward to for years and years, and then a few more years. The chance to run for Manhattan District Attorney without having to challenge Robert Morgenthau.

The legendary prosecutor is retiring after more than three decades in office, and there's ...

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WNYC News

New Take on Indian Classical Music

Monday, March 09, 2009

Classical music jumped across continents this weekend. The two-week festival that celebrated the opening of the new Alice Tully Hall came to a close with a concert that showcased a new take on Indian classical music. WNYC's Siddhartha Mitter was there.

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WNYC News

NJ Senator Warns Against "Retention Awards"

Monday, March 09, 2009

A member of the Senate's powerful Banking Committee says he's concerned that banks that got bailout money may be bending the rules to give big bonuses that are illegal under a new law. New Jersey Senator Robert Menendez says some banks are offering "retention awards" ...

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WNYC News

Foreclosed Homes Magnet for Crime

Friday, March 06, 2009

Foreclosed homes aren't just an eyesore and a drag on property values. A new report suggests they're also a magnet for illegal activity. Community activist group ACORN says Brooklyn and Queens neighborhoods with high foreclosure rates saw crime increase last year. Mary Fortune has lived ...

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WNYC News

Court Rules Developer Overcharged Tenants

Friday, March 06, 2009

A panel of appellate court judges unanimously ruled that the owners of Stuyvesant Town and Peter Cooper Village wrongly turned rent-regulated apartments into market-rate ones, and overcharged about 3,000 tenants. WNYC's Cindy Rodriguez reports.

REPORTER: In 2006 Developer Tishman Speyer purchased the property for $5.4 billion ...

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