When it comes to listing companies, the New York Stock Exchange, with its trademarked opening bell, has an enviable branding advantage over its competitors. While the NYSE and NASDAQ might have lost some of their stock trading dominance to air conditioned rooms of humming computer servers in places like Kansas City and New Read More
Could New York City be losing its place as the world’s foremost art emporium? The Art Newspaper thinks it may. The paper, which tracks these things, says that both customers and works of art themselves are turning up more frequently and more lucratively in London. Hard-pressed New Yorkers of the non-hedge-fund/trust-fund variety may find it Read More
The Temporary Commission on the Future of New York State Power Programs for Economic Development meets at the Empire State Development Corporation. New York City Campaign Finance Board meets at 40 Rector Street. Latino AIDS activists protest plans to increase rent for disabled people with AIDS on the steps of City Hall. The Domestic Violence Read More
Happy Friday the 13th! Vito Lopez holds a Williamsburg Community Truck Stop to protest illegal truck traffic on the corner of Metropolitan and Bushwick Avenues. Senator Jeffrey Klein and Assemblyman George Latimer call for the passage of legislation that would increase criminal penalties for vandalizing houses of worship at St. Frances De Chantal Church in Read More
Oliver Stone’s World Trade Center is a spectacular film about New York City, how it wakes up before dawn every day, how millions of people find their way into the city every day—and how it all came to a stop on Sept. 11, 2001. After so much talk about how and why the attacks took Read More
Gerry Levin joins his former New York Stock Exchange colleagues in trashing Eliot Spitzer, in a videotaped deposition linked on the Wall Street Journal's law blog. Most of what he says is hard to understand out of context, just one reason this won't be going into an attack ad anytime soon, but it sounds Read More
A correction in this week's New York Magazine: "In 'The City Politic: The Suozzi-Spitzer Showdown'...the head of the New York Stock Exchange compensation committee that gave final approval to the 139.5 million exit package for Richard Grasso should have been identified as Carl McCall, not Ken Langone."
It didn't seem quite right to ask the Nassau County Executive to do the interview via instant message, as has been the Friday routine on The Politicker, so I got myself slotted into his extensive call list, as he launches his version of a pre-campaign listening tour, which he expects to extend for somewhere Read More
By sunrise on Sept. 11, 2002, one year after the towers fell, the crowds were already thick at Ground Zero. A strange carnival had descended on downtown overnight, depositing a sea of mourners, babies clad in red, white and blue, politicians and doughnut vendors. Bagpipers had marched in from all corners of the city, some Read More
Back when Maria S. was married, before she gambled away $3.5 million, she was a stock market addict, a fool for the action. At Advest Inc., the securities firm where she worked, she traded all day, then went home and thought about stocks all night. She wore earphones to bed so she could tune in Read More
Mayor Rudolph Giuliani is quietly pushing to create a soaring financial citadel in lower Manhattan that would house two fierce rivals: the New York Stock Exchange and the newly merged Nasdaq-American Stock Exchange.
Sources told The Observer that Mr. Giuliani is urging the Nasdaq-Amex to move into a tower above a 500,000-square-foot complex that the city Read More
