There were plenty of reasons for New York City’s commercial real estate titans to turn pessimistic in 2026 — if that were in their nature. Persistent inflation has kept interest rates elevated, the 10-year Treasury yield surpassed 5% and stayed there, and institutional…
October 28, 2026 11:00 AM / Staff Report An estimated 61.1% of cigarettes consumed in New York in 2024 were smuggled, the highest share among states studied, according to a new analysis that puts the state’s forgone cigarette tax revenue at $1.23 billion. The Tax Foundation report,…
October 28, 2026 3:42 AM / Staff Report New York has committed $35 million in legal cannabis revenue to a community reinvestment fund, with an initial $5 million awarded to 50 organizations serving communities affected by earlier drug laws. The state’s cannabis market update describes the grants…
Oct 27, 2026 at 10:03 AM EDT Defying Mayor Zohran Mamdani’s pledge to make New York housing more affordable, rents continued climbing across the city this summer. Median asking prices reached their highest level since Realtor.com started tracking data in 2019 between July…
(ABC 6 News) — Downtown commuters have experienced several challenges as the city of Rochester continues to develop the area. The impact of construction has affected businesses, drivers, and parking lots. Council members are now looking into ways to lighten the burden…
TARGET has given customers a first glimpse of its revamped store in a major shopping district. It comes as the retailer continues to change the look of its operation with store alterations and new...
In America, the rich are getting richer, according to Forbes' new list of the country's 400 wealthiest people. But which of those ultra-wealthy Americans have ties to New York state, and how do they compare with other billionaires? The wealth gap…
New York shoppers will soon have another Burlington location to visit. The off-price retailer is opening a new store in the Rochester area on Oct. 30 as part of a nationwide expansion effort. The Rochester-area store is the only New York…
October 25, 2026 10:20 PM / Staff Report New York is accepting applications for $225 million in grants to build drinking-water, sewer and stormwater infrastructure needed for housing development, including $50 million reserved for rural municipalities. Gov. Kathy Hochul announced the Clean Water for Housing program,…
It's the first time online sportsbooks cleared $60 million in gross revenue since the World Cup ended in mid-July. New York’s eight online sportsbooks produced their best hold to this point of the football season. Following Week 6 of the NFL campaign,…
The local economy and the companies driving it.