Daily digest from New York business publications and financial media. Manhattan Business Club publishes short summaries with links to the original sources.
Crain’s New York Business
- LIRR labor strike means longer commutes, messy alternatives – Crain's New York
LIRR labor strike means longer commutes, messy alternatives Crain's New York - Jamie Vinick – Crain's New York
Jamie Vinick Crain's New York - Judith Rodin – Crain's New York
Judith Rodin Crain's New York
New York Business Journal
- Healey defends $80 World Cup train fare while New York drops shuttle price to $20 – The Business Journals
Healey defends $80 World Cup train fare while New York drops shuttle price to $20 The Business Journals - Pillsbury Winthrop Shaw Pittman launches Boston office on Post Office Square – The Business Journals
Pillsbury Winthrop Shaw Pittman launches Boston office on Post Office Square The Business Journals - Comprehensive state privacy laws: Compliance considerations for New York businesses – The Business Journals
Comprehensive state privacy laws: Compliance considerations for New York businesses The Business Journals
Bloomberg Markets
- What to Know About the Bundibugyo Ebola Strain
The World Health Organization has sounded a global alarm after the latest Ebola outbreak in the Democratic Republic of Congo and Uganda. Jason Gale explains why the new Bundibugyo… - India Can Ride Out Disruption After Russian Oil Waiver Lapses
India’s oil refiners are expected to weather disruption in supply after the US allowed its waiver on Russian crude purchases to expire, thanks to weaker demand and available barre… - Goldman Sachs Says Europe Faces Summer Jet Fuel Squeeze
Michele Della Vigna, head of EMEA natural resources research at Goldman Sachs, discusses the ongoing closure of the Strait of Hormuz and its impact on jet fuel supplies. "The prob…
MarketWatch MarketPulse
- Jobless claims fall to lowest level since mid-May
- Jobless claims stay low in latest week
- Consumer credit growth soars in December
New York Post Business
- NextEra discussing $66B deal for Dominion Energy: report
A tie-up between the two would create one of the largest power companies in the US by market value. - Desperate plea from Primm family as gambling resorts on California-Nevada scheduled to close
Primm Valley Resorts is permanently shutting down, but there's hope. - Madison Avenue is still shopping’s gold standard — even after whirlwhind changes
The gilded stretch between 59th and 86th streets has seen a dozen major openings since Jan. 1, in addition to Sotheby’s which moved into the Breuer Building last fall.
Commercial Observer
- Sunday Summary: Let’s Get Straight to the Power 100, Shall We?
Last week was Commercial Observer’s biggest issue of the year: Power 100. This is where we take all the data, the trends, the transactions, the stories and the profiles of the las… - 20 Times Square Loan Returns to Special Servicing
A commercial mortgage-backed securities (CMBS) loan secured by a 99-year ground lease on Maefield Development’s 20 Times Square property has returned to special servicing, accordi… - Canero Flips Condo in Miami’s Coconut Grove to El-Ad for $46M
Jose Canero has flipped a terminated condo building in Miami’s Coconut Grove neighborhood for $45.5 million. Developer El-Ad National Properties acquired the Chateau Grove Condomi…
The Real Deal New York
- Why this West Village “townhouse” was a hard sell
The red brick townhouse at 197 West Houston Street seems to have it all: real oak floors, a working wood-burning fireplace and a hidden back garden surrounded by leaf-vined walls…. - A Brooklyn dealmaker’s legal avalanche
Brooklyn dealmaker Bert I. Dweck is staring down a legal avalanche that reads less like a routine business dispute and more like a slow-motion collapse. Dweck, of Dweck Group, fac… - No profit, no project: Reynoso tries to demystify development
A basic fact not well understood by the public and politicians is that developers must raise money for their projects — and cannot if the expected return doesn’t compensate for in…
City & State New York
- NY Dirt: Latest pied-à-terre update like “a night at improv” – The Real Deal
NY Dirt: Latest pied-à-terre update like “a night at improv” The Real Deal - New York City Proposed “Click to Cancel” Rule Marks First Municipal Effort to Regulate Automatic Subscription Renewals – Consumer Financial Services Law Monitor
New York City Proposed “Click to Cancel” Rule Marks First Municipal Effort to Regulate Automatic Subscription Renewals Consumer Financial Services Law Monitor - Claire Valdez campaign staff unionizes – the first in NY this year – City & State New York
Claire Valdez campaign staff unionizes – the first in NY this year City & State New York