Owner says $7.7B Second Avenue subway expansion will drive NYC store out of business after 30 years
The East Harlem business landscape is about to change drastically. After over 30 years of operation, construction supply companies, including Tile Stone, are set to close their doors as the Metropolitan Transportation Authority (MTA) takes over their property for the expansion of the long-awaited Second Avenue Subway. Lu Nicaj, the owner of Tile Stone, announced […]
NY’s $7.7B in handouts for film industry come under scrutiny
New York state's $7.7 billion in benefits to its film industry came under scrutiny Wednesday. State lawmakers took note of new analysis showing taxpayers aren't getting the best return. An independent analysis of the film production tax credit conducted by a Philadelphia-based consulting firm found that about $700 million a year in lost revenue is […]