Startup Revel Transit introduced 68 mopeds in Greenpoint, Bushwick and Williamsburg on Monday, and they seem to be a hit. Using an app on their smartphones, customers wishing to race around Brooklyn can simply reserve an electric bike and retrieve it within 15 minutes from its parking place. If this trial run goes well Revel will...
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A new shipping hub to be called the Sustainable South Brooklyn Marine Terminal will create more than 250 quality jobs soon, as well as bringing commerce into the area, says the New York City Economic Development Corporation. Industry leaders Red Hook Container Terminal and Industry City were selected by Mayor de Blasio’s...
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There are several reasons stocks can be a great investment vehicle along with real estate. Therefore, it is not surprising when Principal and CIO of Prime Opportunities Investment Group LLC, Pouya David Yadegar, became interested in stocks. Before founding the firm, Pouya managed his own family’s wealth through investments in...
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Arena Investors, the New York-based money management company, has thrown a life-line to Mustang Resources for $19.95 million in funding. Arena is one of ruby miner Mustang’s main institutional investors. The firm, which manages over $750 million in assets, forged a deal with Mustang to issue a convertible note to provide the cash...
read moreIn celebration of its 50th anniversary, New York Magazine is spending the majority of 2018 covering stories of the city’s pivotal moments. This week it explored a significant shift in Wall Street and the way financial firms operate due to a technological prodigy and the support he garnered from hedge fund mogul Donald Sussman....
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New York is an old city which is constantly growing and renewing itself. Unfortunately, for growth to happen, sometimes beautiful and historic buildings need to be demolished. The following buildings are on the chopping block. Here is a little bit about each one. Sunshine Cinema on the Lower East Side showed their last movie at the...
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