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Winners and losers of New York City’s congestion pricing

Winners and losers of New York City's congestion pricing

The idea of crowd pricing has been around for over 60 years, initially put forward in an article by William Vickrey, a future Nobel laureate from Columbia University. Yet, it hasn’t gained much traction until recently. This past January, New York City took the lead as the first U.S. city to implement such a system. […]

New York requires an increase in millionaires, according to a fiscal monitor

New York requires an increase in millionaires, according to a fiscal monitor

New York’s Billionaire Landscape: A Fiscal Concern New York is facing a pressing issue: it needs more billionaires. If it doesn’t, there’s a risk of falling behind other states and losing substantial tax revenue, according to a recent report that’s already influencing the mayoral race. The Citizens’ Budget Committee, a nonpartisan organization, highlighted that, while […]

Raising Cane’s will open a new location in New York City in September.

Raising Cane's will open a new location in New York City in September.

Rays Cane Chicken Chain Expands to Coastal Locations The rapidly growing chicken restaurant chain, Rays Cane, is set to expand its reach to the coastal regions. Next month, seven new outlets are slated to open, with an ambitious target of reaching 1,000 locations by year’s end. The company noted that the September openings will be […]

As the wealthy are already leaving New York, who will remain for Zohran Mamdani to tax?

As the wealthy are already leaving New York, who will remain for Zohran Mamdani to tax?

Those who believe Zohran Mamdani’s tax proposals for the wealthy are actually feasible might want to reconsider. The share of high-income earners in the city is already declining. If Mamdani follows through on her agenda, it could lead to an even greater exodus of these individuals. It’s certainly a concern. Between 2010 and 2022, the […]

Podiatrist from New York apologized after first failed murder scheme, prior to prosecutors revealing he attempted to have his wife killed once more.

Podiatrist from New York apologized after first failed murder scheme, prior to prosecutors revealing he attempted to have his wife killed once more.

Rockland County Podiatrist’s Failed Murder Plots A podiatrist from Rockland County recently expressed regret after his first unsuccessful attempt to murder his wife. Dr. Ira Bernstein’s turbulent marriage, previously highlighted in court documents, played a key role in the proceedings. During a court appearance in 2017, he described himself as “humiliated, humble, and frankly embarrassing.” […]

Pepper spray is on the verge of being legalized in New York — and it’s overdue.

Pepper spray is on the verge of being legalized in New York — and it’s overdue.

Pepper spray, or Mace, serves as a practical, non-lethal self-defense option. However, it’s quite hard to buy in New York due to state regulations, which restrict sales to only specific licensed pharmacists and gun dealers. But there might be a change on the horizon. A new bill introduced by State Senator Jessica Skullsera Spanton aims […]