It’s the first time in 11 years that the strip from 49th to 59th streets has been booted from the top of the list commanding the highest retail rents worldwide, according to a report by real estate firm Cushman & Wakefield Inc.
Joseph Lhota served as deputy mayor for operations under Mayor Rudy Giuliani. He oversaw day-to-day management of the city, and supervised city agencies.
Jay Walder is resigning as chairman and chief executive officer of the Metropolitan Transportation Authority effective Oct. 21.
Mayor Bloomberg vowed to promote the use of electric taxis as he addressed a global coalition of major cities — the C40 conference in Hong Kong.
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