CNN Money, By Annalyn Kurtz, March 11, 2013. These nearly 2 million (mostly minorities and women) workers do everything from prepare meals and clean homes, to bathe and change bedpans for elderly and disabled patients. As Baby Boomers age, this job is expected to explode, growing 70% between 2010 and 2020, according to the Labor Department. That makes it the single fastest growing job in the United States, according to their forecasts.
Crain's, By Chris Bragg, March 10, 2013. A measure tucked into Gov. Andrew Cuomo's 2013 budget would limit the ability of local governments to grant sales-tax breaks, a change that Mayor Michael Bloomberg and some business leaders say would hurt economic development in New York City. The measure would curtail the ability of the city's Industrial Development Agency, a nonprofit run by the Economic Development Corp., to grant incentives to projects such as business relocations or new developments. Under Mr. Cuomo's proposal, the New York City IDA could continue to unilaterally exempt businesses from the city's 4.5% sales tax, but no longer from the state's 4.4% portion.
New York Amsterdam News, By David Kene, March 8, 2013. This month, an organized group comprised of community activists, construction workers and elected officials coalesced on the steps of City Hall and conducted a mock ceremony meant to publicly shame a realty company accused of shady development in Brooklyn’s downtown business section. Led by the Alliance for a Greater New York (ALIGN), the organized group publicly inducted the company, Acadia Realty Trust, into what they’ve dubbed the “Corporate Tax Dodgers’ Hall of Shame” as a method of drawing attention to the “numerous subsidies that Acadia is receiving for Brooklyn’s largest development, City Point, while providing few community benefits in return.”
In These Times, By Michelle Chen, March 4, 2013. Under the reign of New York City’s billionaire Mayor Michael Bloomberg, the New York City Economic Development Corporation (NYCEDC) has issued millions of dollars in business development subsidies to beleaguered urban neighborhoods, meant to create new jobs and promote entrepreneurial spirit. Now the NYCEDC is teaming up with Wall Street to give loans to local food manufacturers, but activists who have examined the city’s development track record smell something fishy.
ABC News, By Jeff Pegues, February 21, 2013. "How would you describe the day Superstorm Sandy moved through here?" Eyewitness News asked. "Actually it changed everybody's life I believe," said Jorge Gonzalo, a Rockaways resident. Nearly four months after the storm Jorge Gonzalo is still cleaning up. Dahlia Goldenburg works for an organization sounding the alarm about the potential danger. "We don't want to see homeowners trying to tackle the problem on their own and then getting ill and the problem coming back in the spring when it starts getting warm again," said Dahlia Goldenberg, of the Queens Congregations United in Action.