New York City

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NYC Probes Rattner's Firm in Pension Scandal

Quadrangle paid finders fees to indicted adviser's company

(Newser) - New York City authorities are investigating whether Quadrangle Group, formerly led by Obama car czar Steven Rattner, deceived managers of the city's pension funds, the Wall Street Journal reports. Rattner's firm, Quadrangle, paid finders fees to Searle & Co., which had been headed by now-indicted political adviser Hank Morris,...

Leona's Mansion Makes History: Price Drops $50M

(Newser) - The asking price for the late real estate magnate-cum-jailbird Leona Helmsley’s Connecticut mansion has been slashed by $50 million, the Wall Street Journal reports. The 40-acre Greenwich property is now offered for $75 million, down from $125 million. Insiders think it could be the largest cut ever for a...

Old Days&mdash;Good and Bad&mdash;Are Back: Noonan
Old Days—Good and Bad—Are Back: Noonan
OPINION
Apr 17, 2009 10:36 AM CDT

Old Days—Good and Bad—Are Back: Noonan

In slump, simple pleasures are chic as traditional values gain

(Newser) - Reading about a Michigan family that shed modern excess in favor of a self-sufficient farm life didn't strike Peggy Noonan as shocking in these economic times. Her fellow New Yorkers have already begun responding to the same forces, causing Noonan to predict the rise of "a certain authenticity chic,...

Climber Kicks Society's Ass, One Skyscraper at a Time

(Newser) - Some revile Alain Robert, the so-called “French Spiderman,” for his globetrotting, skyscraper-ascending exploits. But to the many who hold him in esteem, the New Yorker reports, he is simply “badass.” When he scaled the New York Times building last year, one fan was beside himself. “...

Madonna Drops $40M on NYC Townhouse
Madonna Drops $40M on NYC Townhouse
Apr 14, 2009 1:31 PM CDT

Madonna Drops $40M on NYC Townhouse

Material Mom might be putting off promised move to Malawi

(Newser) - Madonna may be sending her moving van(s) to the Upper East Side of Manhattan rather than Malawi, reports the New York Post. The singer is plunking down $40 million for a Georgian-style townhouse. That’s $5 million less than the asking price, but hardly a bargain; no residence in the...

Subway Groper Nabbed After Victim Snaps Cell Phone Pic

(Newser) - A cell phone photo of a groper on a New York City subway snapped by his victim helped nab him two days later, according to police. He harassed a woman again yesterday and she recognized his picture from news reports and called 911, reports the New York Daily News. Turns...

Empire State Building Going Green

Makeover project hailed as a landmark for energy efficiency

(Newser) - The Empire State Building is getting a makeover to reduce its King Kong-sized carbon footprint, NY1 reports. As part of a larger renovation, "green" improvements will be made to the 78-year-old building—including an update for all 6500 of the structure’s windows—to reduce its energy consumption by...

Now NYU Goofs on Acceptance Notices

Congrats, you've been accepted —not!

(Newser) - Just to make college admission a tad more excruciating, New York University has become the latest school to screw up on college acceptance notices, reports the Los Angeles Times. Some 500 rejected applicants were erroneously emailed last week that they had been accepted into an NYU graduate program. Officials blamed...

Manhattan Apartment Prices Tumble
Manhattan Apartment Prices Tumble
Apr 2, 2009 6:27 AM CDT

Manhattan Apartment Prices Tumble

Financial crisis sends values down double digits in first quarter

(Newser) - Wall Street's problems have chucked a bucket of cold water over Manhattan's once overheated property market, Reuters reports. The median price of a Manhattan apartment dived 11% to $749,000 in the first quarter, according to a report released today by the Corcoran Group, New York's largest brokerage. Analysts expect...

McEnroe Helps Nab Art Dealer
 McEnroe Helps Nab Art Dealer 
Mar 26, 2009 7:04 PM CDT

McEnroe Helps Nab Art Dealer

(Newser) - A prominent art dealer arrested today and accused of running a sort of art-world Ponzi scheme made one crucial mistake—he got John McEnroe mad again. The tennis great with the legendary temper triggered the investigation after being duped out of $2 million by Lawrence Salander, the New York Daily ...

NYC Weighs Ban on Circus Elephants

(Newser) - The circus is in town, and in a related development, the New York City Council is considering a ban on the display of "wild or exotic animals" for entertainment, the Times reports. The bill, understood to be aimed at the Ringling Brothers pachyderms, has the support of almost half...

'Doomsday' in NYC: $2.50 Subway Fare OK'd

(Newser) - Starting May 31, New Yorkers will have to pony up $2.50 to ride the bus or subway—even as the city’s public-transit system sees cutbacks in routes and schedules, the Daily News reports. Today’s vote by the Metropolitan Transit Authority to enact its so-called “doomsday budget”...

Liberty's Crown May Reopen by July 4th

(Newser) - The Statue of Liberty's crown may be open again for visitors by July 4th, Reuters reports. The crown has been closed since the 9/11 attacks, but Interior Secretary Ken Salazar says he hopes to have it open, at least to a small groups, by the nation's birthday. Given the lack...

ABC Newsman Murdered in Brooklyn Home

Found dead in bed with stab wounds to chest, neck

(Newser) - A longtime ABC radio newsman was found stabbed to death in his Brooklyn home yesterday, reports the New York Daily News. George Weber, 47, was dead in his bed with wounds in his chest and neck, police said. His apartment was ransacked, but there was no sign of forced entry....

Mourners Assemble in NY for Richardson Wake

(Newser) - Family and friends assembled in New York today for the wake of Natasha Richardson, the AP reports; husband Liam Neeson, their sons, and mother Vanessa Redgrave were among them. “It’s been a very, very sad few days and I think it will stay that way,” said family...

Mystery Archer Busted in NY Arrow Attack

Plumber was acting 'squirrely' during questioning, say cops

(Newser) - A plumber who said he was just playing around was busted yesterday in a bizarre bow-and-arrow attack on a Yonkers woman. A 30-inch arrow arced from the sky to pierce the woman's stomach as she walked in the Bronx last Sunday. Police became suspicious when the plumber, who lived near...

Global Warming Will Buoy East Coast Sea Level

Altered Atlantic current means higher flood risk from Boston-DC

(Newser) - The effect of climate change on Atlantic currents will boost the threat of flooding along the US East Coast more than glacial melting alone, a study predicts. New York, Boston, and Washington, DC, are expected to experience more shoreline encroachment and have higher risk of storm surges as changing currents...

Recession Blues Rot Big Apple
 Recession Blues Rot Big Apple 
OPINION
Mar 16, 2009 11:45 AM CDT

Recession Blues Rot Big Apple

(Newser) - Sure, people everywhere are suffering from the recession, but most of the country is managing to deal with it. Not New York. The Big Apple is “perpetually freaked out,” writes Hugo Lindgren in New York. The city is so packed with people, Lindgren theorizes, that it’s “...

NY Topless Bizman Blows Lid Over Taxes

He claims 'mammary meccas' are protected by First Amendment

(Newser) - The owner of a Manhattan topless joint has hired a civil rights attorney to block proposed taxes aimed at establishments like his by arguing that the raunchy dances are protected as free speech. A Bronx lawmaker is proposing to impose a $10 tax on patrons of the city's hundreds of...

Judge Orders 'Ashamed' Madoff to Jail on Guilty Plea

(Newser) - Bernard Madoff pleaded guilty this morning to all 11 felony charges against him, saying he was "sorry and ashamed" for his criminal acts. The judge accepted the plea and revoked Madoff's bail, bringing cheers from spectators in the courtroom. Madoff was escorted out in handcuffs and will remain in...

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