Growing Work Force Accounts for High Jobless Rate, Study Says
A study by the Independent Budget Office seeks to explain the discrepancy between New York's job growth and its high unemployment rate.
View ArticleBig Ticket | Towers of Limestone, Sold for $32.5 Million
A four-bedroom apartment that includes several en-suite bathrooms, along with views of Central Park.
View ArticleCity Announces New Goal for Public Housing Repairs, but With Big Caveat
The New York City Housing Authority said it hoped to cut the backlog of pending orders by year's end, but also said the timetable was threatened by federal spending cuts.
View ArticleStatistics Challenge Cuomo’s Claim of Record Job Growth
Gov. Andrew M. Cuomo’s administration has pointed to the increase in New York’s private-sector jobs, yet the state lagged behind the nation during Mr. Cuomo's time in office.
View ArticleCity Approves 700-Unit Rental Complex on Gowanus Canal
The complex is to consist of two buildings of graduated heights, some as tall as 12 stories. Most apartments are to be sold at market prices, but 140, or 20 percent of them, are to be reserved for...
View ArticleOfficials Release Details of Plan to Build Near Housing Projects
New York City Housing Authority officials have faced criticism that they had not disclosed enough information about a proposal to lease lands for private development at eight Manhattan projects.
View ArticleA Mortgage Holiday for Some Borrowers Hurt by Hurricane
The federal government announced that borrowers with home loans insured by the Federal Housing Administration could suspend mortgage payments for up to one year while they repair their homes.
View ArticleCity’s Jobless Rate Dips as Many People Stop Looking for Work
The State Labor Department reported 8.9 percent of New York City residents were unemployed in March, a rate higher than for the state and the nation.
View ArticleNew York Is U.S. Cultural Leader, at Least in Making Yogurt
The state topped California in yogurt production last year, and at the same time, according to Gov. Andrew M. Cuomo, showed "our approach to growing the economy and creating an entrepreneurial...
View ArticleDe Blasio Proposes Housing Plan Focused on Affordability
Bill de Blasio, a Democratic candidate for mayor, called for construction of 100,000 affordable homes for low-income New Yorkers in the next decade and preservation of a like number of existing units....
View ArticleBig Ticket | $16.295 Million for Wraparound Views
A 6,637-square-foot residence with six bedrooms and a private 1,814-square-foot terrace was the most expensive residential sale of the week.
View ArticleUnemployment Rate Falls to Lowest Level in Over Four Years
A surge in hiring offset continued weakness on Wall Street, according to a report from the State Labor Department.
View ArticleBig Ticket | $29.78 Million for Town-House-Size Living
An 8,500-square-foot triplex, with seven bedrooms and eight baths, was created by combining two condominium units and was the most expensive residential sale of the week.
View ArticleCamping Out for Five Days, in Hopes of a Union Job
Hundreds of job seekers gathered in Queens, waiting until Local 3 of the International Brotherhood of Electrical Workers would hand out applications for its training program.
View ArticleFrom the Bronx, to Queens, Then Park Slope and Riverdale
Martin Kleinman grew up in the Bronx. In 1985, he decided to move to Brooklyn — a decision not lauded by his grandmother.
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