New York

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A Business Model that Works (and Thrives) During a Pandemic

As Americans are under strict orders to stay home to curb the spread of the Coronavirus, businesses offering virtual experiences, online resources, or delivery services are able to do exceptionally well. Meal delivery services, like Blue Apron and Hello Fresh are seeing significant growth in customers. With cooking being a favorite pastime (and necessity), it is no wonder that consumers are looking for ways to prepare healthful and hearty meals with none of the shopping, hassle, or…


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First Financial Innovation Symposium in NY

Linda A. Lacewell, New York’s Department of Financial Services Superintendent announced that the Department of Financial Services (DFS) will hold its first Symposium on Financial Innovation and Inclusion in 2020, during New York Fintech Week. New York set to host first Symposium on Financial Innovation and Inclusion The meeting is designed to bring the fintech ecosystem together: stakeholders, policymakers, regulators, innovators, established financial institutions, investors, and those representing consumer perspectives. “New York is the capital…


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Easier Housing Searches for New York Apartment Seekers

Artificial intelligence (AI)-powered long-term room rental platform Badi is now working in New York City. Badi joins a few other platforms, including Spareroom, Roomster, and Roomi, looking to help pair dwelling seekers with appropriate housing. Bondi making it easier for NYC apartment seekers Badi has over two million users on the European app. The successful New York City pilot in late 2019 is being fully launched across the Big Apple. The app’s algorithm compiles data points of…


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New Golf Greens in New York

Topgolf Entertainment is opening its first New York location. The new three-level Topgolf venue will open in Suffolk County, New York. It is slated to be a tech-driven place to play through point-scoring games, with 102 bays and a chef-driven menu. The climate-controlled outdoor space will have year-round activities for all age groups. New York is getting its first Topgolf venue Expected to generate some 500 jobs, Topgolf is also slated to offer golf lessons…


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New York’s Wine Industry is 3rd in Nation

New York state’s wine industry — from grape growing to sales – yields an annual economic impact of $6.65 billion. It is the 3rd leading wine-producing state in the U.S. and has created nearly 80,000 jobs, according to a recently released analysis commissioned by the New York Wine & Grape Foundation. New York’s wine industry 3rd largest in the nation Its size notwithstanding, New York’s wine and grape business is controlled mostly by small, family-owned producers, NYW&G…


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New York’s Healthcare and Tech Sectors Grow in 2019-20

New York City continued its employment expansion in 2019, and is well on track to see continued growth in 2020 as well. This trend is a result of ongoing healthcare hiring in start-ups and well-established businesses, business services, and the boom in technology-related jobs. Overall, these jobs compensated for a downturn in employment in other urban industries like construction, real estate, hospitality, and finance. Healthcare and tech jobs grew in New York City in 2019…


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New York Small Businesses Get Reality T.V. Boost

Fredonia, a small city in upstate New York, is among the five semi-finalists to be featured on the Small Business Revolution reality television show. It is the only New York location selected from all the contenders. Small Businesses like the bakery in Fredonia, New York could win a remodel on Small Business Revolution. The other semi-finalists are Benicia, CA, Livingston, MT, Spearfish, SD and The Dalles, OR. The winning town will be awarded $500,000 for…


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NY’s Newest Transportation Option

Getting to and from New York’s busiest airports is now slightly easier with Uber’s latest offering: Uber Copter. Uber Copter rides will take you from Manhattan to any NY airport. Travelers book a helicopter ride with Uber Copter in the same way they would an Uber. With a price tag of $199.82, the app will reserve a heliport lift from Manhattan to any of New York’s airports. The app will also allow users to tack…


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Netflix in Paris in New York City

Netflix, the American media service provider and production company, is now also the operator of the Paris Theatre, the last single-screen theater in New York City. Netflix is now offering its movie options in the NYC Paris Theater The 71-year-old cinema closed earlier in 2019 when the previous lease expired. Netflix reopened Paris in time for the holiday season with its own acclaimed movie, “Marriage Story,” with stars Adam Driver and Scarlett Johansson. The Paris…


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New Shared Space for Small Shops

Every small business owner knows that maintaining a storefront is a significant expense. For those building an online presence, building a client base can be a challenge as well. Now one company is bringing the models of popular “sharing economy” to retail.  ShopFulfill, a New York City-based startup is setting up Anchor shops across the city to give online retailers places to show their wares. The ShopFulfill model brings the best of both the e-commerce…