HireNYC gets a lot of hype from the de Blasio administration, but four years in, 80 percent of applications through the initiative are listed as ‘pending.’
Rising Rents Threaten Immigrant Small Businesses: Report
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Rising commercial rent is a major worry for immigrant businesses around the city, according to a survey released this week by the Association of Neighborhood and Housing Development.
brain waste
Brain Waste: Many Immigrants Come With Dreams—and Advanced Training—but Can’t Find Jobs
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An orthopedic surgeon tosses pizza dough. An engineer with a doctorate drives for Uber and Lyft. They are among thousands who arrived here with advanced educations but can only find low-skill work.
CityPlate
Federal Shutdown Created Unprecedented Gap at Low-Income Dinner Tables
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‘If these higher benefits were eaten up immediately, it’s not like low-income people are spending it on caviar or something. They are struggling just to survive.’
Budget
MTA to Hike Weekly and Monthly MetroCard Fares, But Avoid Increase for Access-A-Ride Users
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The vote avoided an alternative plan that would have hiked the base fare to $3, something disabled riders and advocates argued would unevenly burden Access-a-Ride users.
Agenda 2019
As Feds Turn Away, New York Looks to Regulate Student-Loan Servicers
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This is not the first time Gov. Cuomo has proposed a licensing regime for student-loan servicing firms. This year, both the political context and the legal landscape have changed.
Agenda 2019
Property Tax Reform Could Ease Housing Emergency: Report
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Property tax reform is not the kind of topic that gets hearts a-thumping. Urgency seems to be building for some kind of reform, however.
amazon
When the Applause and Anger Over Amazon’s Withdrawal Fade, There Will be Work to Do
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Whether you blame or credit the opponents for killing the deal, or chalk it up to weird company decision-making, and whether you are pleased or peeved that the deal is dead, the important question is: What happens now?
amazon
What Everybody is Saying About the Amazon Pullout
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On Thursday, Amazon announced that it was pulling out of its planned HQ2 in Long Island City. Here’s what elected officials, candidates, unions, advocacy groups and business organizations had to say about it
ECONOMY
Report: City Discounts Saved Delivery Drivers Up to $10M Last Year
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Some critics would like to see the discount programs kicked to the curb. Said one Councilmember: ‘Massive delivery companies shouldn’t get a free pass.’
business
How Trump’s Tariffs Could Affect the Price of a Beer in Brooklyn
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Businesses in New York City that depend on steel and aluminum like steel companies, breweries and metal stamping firms have been affected by the federal tariffs recently imposed on metals.