Bankrate noted that New York City is home to nearly half of state residents, and the high taxes and cost of living were to blame for the low ranking.
The dispute is over whether the agency should back $1.2 billion in loans for 3 World Trade. Developer Larry Silverstein is building the planned $2.3 billion tower on the site.
Ground was broken on a 26-acre site on the far West Side — the largest undeveloped site in New York — to create a new neighborhood from scratch, a city within a city.
One World Trade Center has hit the 100 floor mark and is four feet from becoming the tallest building in the city and surpassing the Empire State Building.
The cost of One World Trade Center is rising sharply everyday. Now, the Port Authority has discovered that the loading docks under the building won’t be ready in time for its tenants.
As he approaches the midpoint of his third term, New York City Mayor Michael Bloomberg’s standing among New Yorkers has hit its lowest point in six years.
According to a new Quinnipiac University poll released Friday, 57 percent of New Yorkers said elected officials should allow Walmart to open in the city.
Mayor Michael Bloomberg says New York City simply can’t afford the size of its current work force.