Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
NYC Mayor Announces $108M for Storm-Hit Brooklyn Housing Project
Sep 9 2014 // Almost two years after Superstorm Sandy struck, New York City Mayor Bill de Blasio announced on Sept. 5 that a storm-damaged Brooklyn housing project will get $108 million in federal relief, and said he expects Sandy funds...
9/11 Responders Urged to Register for N.Y. Workers’ Comp Benefits
Sep 8 2014 // Elected officials and union activists in New York are urging Sept. 11 responders to sign up for New York worker compensation benefits. They say that those who worked around the World Trade Center site should enroll with...
WCRI Study Examines Trends in N.Y. Workers’ Comp System
Sep 4 2014 // The Workers Compensation Research Institute (WCRI) in Massachusetts has published a new report that examines the performance of the New York workers’ compensation system following reforms enacted in 2007. The new...
New York City Exceeds Post-Sandy Housing Recovery Goal
Sep 3 2014 // New York City says it has exceeded its post-Sandy housing recovery goal, reimbursing 500 homeowners and starting construction on 500 homes by Labor Day. The director of Mayor Bill de Blasio’s Office of Housing...
Court Frees Goldman from Paying Ex-VP’s Legal Fees
Sep 3 2014 // Goldman Sachs Group Inc. should not have been ordered to pay former programmer Sergey Aleynikov’s legal fees to defend against criminal charges that he stole secret code from the bank’s computers, a divided...
Sandy-Hit Towns in N.Y., N.J. Wrestle With Eminent-Domain Choice
Sep 3 2014 // On a tiny spit of land off Long Island in New York, the wealthy village of Asharoken faces a dilemma borne of Superstorm Sandy. Either it accepts millions of dollars in federal aid to build a protective sand dune and for...
Principal Acquires Travelers’ Stake in NYC Office Tower for $117.6M
Sep 3 2014 // An affiliate of Principal Financial Group Inc. bought a 49 percent stake in 77 Water St., a lower Manhattan office tower in New York City, from fellow insurer Travelers Cos. for $117.6 million. The interest in the 26-story...
Zurich N.A. Appoints Schiavone to Lead Private Equity Unit in New York
Sep 2 2014 // Schaumburg, Ill.-based property/casualty insurer Zurich North America has named Paul Schiavone to lead its new private equity unit. The unit operates within the Global Corporate in North America (GCiNA) business...
In Sandy Turnaround Test, New York City Says It’ll Meet Goal
Sep 2 2014 // A home-repair program in New York City has been sprinting to meet a self-imposed deadline to signal a turnaround in Superstorm Sandy recovery, and officials say they’re positioned to pass their test of rebuilding...
New York’s Staten Island Gets $56M to Control Future Flooding
Aug 29 2014 // New York officials say $33 million in federal Sandy relief will be going toward the purchase of about 24 acres on Staten Island to control future flooding. Sen. Charles Schumer and New York City Mayor Bill de Blasio...
Levinson Joins IFG as President in N.Y. After Non-Compete Period Ends
Aug 28 2014 // IFG Companies announced Louis D. Levinson has joined the company as its new president in New York. Levinson was originally hired in August of 2013 but had to sit out a year until this month to assume the post because of a...
Actress Heigl Drops Her $6M Lawsuit Against Duane Reade in New York
Aug 28 2014 // Actress Katherine Heigl and Duane Reade have come to an agreement in a lawsuit accusing the New York pharmacy of improperly posting to its social media accounts a paparazzi photograph of her leaving one of its stores. A...
Former NYPD Officer Pleads Guilty in Disability Fraud Scheme
Aug 28 2014 // A retired member of the New York City Police Department pleaded guilty to charges that he led a ring that directed hundreds of applicants for disability benefits to lie about their psychiatric conditions. Joseph Esposito,...
Report: Russian Hackers Attack 5 Big Banks, Steal Customer Data
Aug 28 2014 // Russian hackers attacked JPMorgan Chase & Co. and at least four other banks this month in a coordinated assault that resulted in the loss of gigabytes of customer data, according to two people familiar with the...
Advice to Bankrupt MF Global Could Cost Accounting Firm $1 Billion
Aug 28 2014 // A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd., a...
Travelers Insurance Off Hook for $30M Trademark Claim: Court
Aug 28 2014 // Travelers Companies Inc.’s U.S. Fidelity & Guaranty doesn’t have to pay a $30 million judgment in a trademark infringement case against one of its insureds. The insurance company filed suit in federal court...
U.S. Loses Bid to Dismiss $25B Lawsuit Over AIG Bailout
Aug 27 2014 // A federal judge has rejected the United States’ bid to dismiss a more than $25 billion lawsuit filed by Maurice “Hank” Greenberg, the former chief executive of American International Group Inc., over the...
New York to Receive $800M in Bank of America Settlement
Aug 22 2014 // New York state will get $800 million as its share of a national $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, New York...
Report: Injury Claims Against NYC Correction Dept. Doubled in 5 Years
Aug 21 2014 // A new analysis published by the New York City comptroller’s office shows there were 2,245 personal injury correctional facility claims filed against the city’s Department of Correction in fiscal year 2014 which...
N.Y. Man to Be Freed in Discredited Arson-Science Case
Aug 21 2014 // A New York City man who has spent 24 years in prison for setting a fire that killed his daughter will be released from custody while prosecutors decide whether to retry him. U.S. District Judge William Nealon on Tuesday...
