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NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION
IMF and World Bank meetings leave developing countries with more questions than answersThe recent discussions at the International Monetary Fund and World Bank left developing nations feeling uncertain about their futures. Del...- The Plaza Hotel, which Donald Trump drove into bankruptcy and sold at an $83 million loss in 1995, to shut its doors until 2031The iconic Plaza Hotel in New York City will undergo a major restoration, with closures planned from January 2027 to 2031. Fairmont Hotels ...
- NYC Ferry carried 7.4 million passenger trips in FY2025, while the city subsidised each trip by an average of $8.33 across six routes serving all five boroughsNew York City's ferry service has seen significant growth, now serving around 7.4 million passengers. To keep fares affordable amidst incre...
- India's cuisine, culinary diversity & Bollywood take centre stage at New York City's biggest food festivalThe NYC Wine and Food Festival recently featured an event highlighting Indian cuisine with renowned chefs. Maneet Chauhan and Chef Vijaya K...
- 'Right to protest has become a crime': Sibal slams govtKapil Sibal has raised alarms regarding the Modi government's recent decision to denotify Jantar Mantar as a site for protests. He claims t...
- Linda Evangelista bought 4,000 square feet New York City penthouse in 2001 for $1.4 million. 25 years later, supermodel sold it for $6.75 millionLinda Evangelista has sold her New York City penthouse for $6.75 million. The property is located in the Spears Building in West Chelsea. T...
- Olympics: Dispersed Games to become increasingly common, says USOPC CEO HirshlandIOC officials hailed the most recent Milano Cortina Games as a success, despite early concerns over the first spread-out Winter Olympics th...
- New York energy rebate checks are rolling out through December. Yours could be worth $100, $150 or $200New York is mailing millions of energy rebate checks through December 2026, with eligible residents receiving $100, $150 or $200 under the ...
- Nirmala Sitharaman pitches for public, private capital to build financially sustainable citiesFinance Minister Nirmala Sitharaman highlighted the importance of creating sustainably investable cities in India. She proposed a combinati...
- Sitharaman, JBIC chief discuss clean energy, critical minerals and supply chainsFinance Minister Nirmala Sitharaman recently met with JBIC Governor Kazuhiko Amakawa to discuss collaboration. They focused on clean energy...
- New York City pension fund asks Anthropic to delay IPOThe supervisor of New York City's pension funds, one of the largest in the United States, asked Anthropic to postpone its stock market debu...
- Raquel Welch’s onetime 5,500 square feet NYC home is available for sale for $25 millionRaquel Welch’s former New York City home is up for grabs for $25 million. The late Hollywood legend’s onetime home is located at 200 Centra...
- New York's Central Park horses work up to 9 hours a day and get 5 weeks of vacation. The city now wants to abolish the iconic carriagesNew York City has announced plans to abolish the horse-drawn carriage industry by June 1, 2028. Ongoing criticisms from animal rights activ...
- Krisumi ties up with Japan’s Temari Group for senior living projectKrisumi Corporation will invest Rs 1,300 crore in developing The Forest Reserve in Gurugram. The project will include Phases 5 and 6 of Kri...
- Global Market: European shares fall as global tech selloff, rate fears weigh on sentimentEuropean shares faced a decline as technology stocks led the losses amid global selloffs and rising borrowing costs. The pan-European STOXX...
- Julianne Moore ditches 25-year-old West Village house for a Manhattan duplex and renovated it for 8 months; she still has one IKEA furnitureAfter a remarkable 25 years in the West Village, Julianne Moore now calls a newly renovated duplex in Manhattan home. This airy space boast...
- Who is Jessica Tisch? NYPD's second-ever woman commissioner faces calls for her removal despite Mamdani's backingNew York City Mayor Zohran Mamdani has stated he will not remove NYPD Commissioner Jessica Tisch from her position. While some Democrats ha...
- NY Fed President Williams sees no need for a rate hike in 2027At a recent conference, John Williams from the Federal Reserve Bank of New York expressed optimism about a potential interest-rate increase...
- Nobel Prize in Economics 2026 awarded to Robert E. Hall and Michael Woodford 'for microeconomic foundations of macroeconomic stabilisation'Robert E. Hall and Michael Woodford have been awarded the 2026 Nobel Prize in Economic Sciences for their research. Their work focuses on i...
- Kabawa New YorkSet in the heart of Manhattan's East Village, Kabawa is a lively Caribbean eatery that captivates diners with its open kitchen and energeti...
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