Why we still use GDP to measure economic growth
When it comes to measuring whether an economy is growing, Gross Domestic Product (GDP) is basically the gold…
She scored a two-bedroom apartment in prime Brooklyn at 60% below market — but had to fork over $4,000 just to see it
Carol Bell/Shutterstock Alexandra Dye just rented a two-bedroom in Brooklyn for 60% below what the market says it’s…
Manhattan rents hit $5,000 record while listings all but vanish
NEW YORK (BLOOMBERG) — Manhattan rents surged to the highest level on record in July as a historic…
NYC brokers are charging renters $4,000 to view hidden listings
NEW YORK (BLOOMBERG) — Alexandra Dye scored a two-bedroom apartment in prime Brooklyn for 60% below market rent.…
Trump says US is weighing attempt to stop NYC pied-à-terre tax
NEW YORK (BLOOMBERG) — President Donald Trump said he would examine whether the federal government can stop New…
MTA plans to ease chokepoints in subway system, first in Brooklyn
NEW YORK (BLOOMBERG) — New York City’s subway system, the biggest in the US, has new plans to…
NYC Mayor Zohran Mamdani Terminates Business Leaders Advising Multimillion-Dollar Mayor’s Fund
New York City Mayor Zohran Mamdani is changing up what the Mayor’s Fund to Advance New York City…
Trash bins are turning the tide in NYC’s ‘War on Rats’
NEW YORK (BLOOMBERG) — It cost Arnette Scott almost a thousand dollars to get her car’s headlights working…
New York sues Kalshi for running ‘illegal gambling’ operation
NEW YORK (BLOOMBERG) — New York sued Kalshi Inc.’s trading subsidiary for allegedly running an illegal, unlicensed gambling…
As Mamdani seeks free buses, New Yorkers are skipping the fare
NEW YORK (BLOOMBERG) — Mayor Zohran Mamdani wants to make the city’s buses free. To many riders, they…
NYC halts construction at 222 Broadway office-to-residence tower
NEW YORK (BLOOMBERG) — New York City’s Department of Buildings issued a stop-work order at a Manhattan office…
NYC faces flooding rains, travel woes as thunderstorms sweep in
NEW YORK (BLOOMBERG) — New Yorkers face a soggy Tuesday afternoon commute as thunderstorms lumber into the region,…