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News releases from New York Business Journal
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Pitney Bowes hires GE Capital’s Ana Maria Chadwick as new CFO
January 19, 2021
Joseph Catapano, who was interim CFO, will return to his position as chief accounting officer.
Tags
Legal Services
Pitney Bowes Inc/
Marc Lautenbach
From
Business Journals
Health app K Health raises $132 million in Series E funding
January 19, 2021
The New York City-based company said the round was led by GGV Capital and Valor Equity Partners.
Tags
Insurance
Startups
Technology
From
Business Journals
Emergency response assistance company Carbyne raises $25 million
January 14, 2021
Carbyne said it now serves more than 70 governments worldwide and its services are available to more than 400 million people.
Tags
Amir Elichai
Michael Chertoff
Kirstjen Nielsen
From
Business Journals
New York state will issue RFPs as part of massive renewable-energy push, Gov. Cuomo says
January 13, 2021
Gov. Cuomo outlined the state's green-economy agenda on Wednesday.
Tags
Renewable Energy
Energy
Coronavirus
From
Business Journals
Former CEO of MG Capital Management charged with securities fraud
January 13, 2021
Eric Malley, 50, of New Canaan, Connecticut, the founder and former CEO of MG Capital Management of New York, was charged with securities fraud and wire fraud.
Tags
Government & Regulations
Audrey Strauss
Eric Malley
From
Business Journals
JetBlue's new 140-seat Airbus 220 will take to the air this spring (PHOTOS)
January 12, 2021
The A220 will ultimately replace JetBlue's existing fleet of 60 Embraer 190 aircraft.
Tags
Jayne O’Brien
Aviation
Travel & Tourism
From
Business Journals
Gov. Cuomo proposes expanding High Line to connect with renovated Moynihan Train Hall
January 11, 2021
Manhattan's High Line elevated park would be extended to connect with the newly renovated Moynihan Train Hall under a proposal put forward by Gov. Andrew Cuomo.
Tags
Travel & Tourism
Brookfield Properties
Andrew Cuomo
From
Business Journals
U.S. mortgage rates start year with new record low
January 11, 2021
The 30-year fixed mortgage rate averaged 2.65% for the week ending Jan. 7 — down slightly from 2.67% last week.
Tags
Mortgages
Housing Market
Residential Real Estate
From
Business Journals
Mack-Cali sells two apartment assets for $424 million
January 06, 2021
The Jersey City real estate investment trust sold its interests in Riverwatch Commons in New Brunswick, New Jersey, and Crystal House Apartments in Arlington, Virginia, for a total of $424 million.
Tags
Mack/Cali Realty Corporation
Residential Real Estate
From
Business Journals
American Express launches new card benefits to spur spending
January 05, 2021
Platinum card members can receive up to $180 in credits for purchases made through PayPal, and up to $1,700 in credits with merchants ranging from Avis Car Rental, Best Buy, Home Depot and other...
Tags
Coronavirus
Banking & Financial Services
Rachel Stocks
From
Business Journals
Coty completes $200M purchase of stake in Kim Kardashian West business
January 05, 2021
Coty plans to enter new beauty categories, including the development of Kardashian West’s skincare line.
Tags
Kim Kardashian West
Cable & TV
Manufacturing
From
Business Journals
Blackstone signs lease for Miami office with plans to hire 200 employees
January 05, 2021
The company will occupy a 41,000-square-foot space in downtown Miami within a mixed-use project that includes a Brightline passenger rail station.
Tags
Technology
Banking & Financial Services
Blackstone Group
From
Business Journals
Robin Cohen leads launch of Cohen Ziffer Frenchman & McKenna
January 05, 2021
Robin Cohen most recently led the insurance recovery practice at trial firm McKool Smith.
Tags
Legal Services
Professional Services
From
Business Journals
Operator of $200M Ponzi scheme that defrauded police, firefighters pleads guilty
December 31, 2020
The government alleges that jewelry wholesaler Gregory Altieri, 53, of Melville, operated a scheme that promised high rates of returns for nonexistent deals on jewelry investments.
Tags
Seth DuCharme
Government & Regulations
Gregory Altieri
From
Business Journals
Palm Drive Capital opens Miami office
December 30, 2020
The firm invests in high-growth tech startups.
Tags
Career & Workplace
Venture capital
Hendrick Lee
From
Business Journals
Luxury wholesaler supplier Marque to open first New York City dealer showroom
December 28, 2020
Irvine, California-based Marque caters to institutional buyers, middle market retailers, multi-store retailers, off price retailers, pawn shops, and resale stores.
Tags
Retailing
From
Business Journals
Goldman Sachs buys New York online fraud detector White Ops
December 23, 2020
White Ops said it verifies the humanity of more than 10 trillion interactions per week.
Tags
White Ops, Inc/
Mergers and Acquisitions
Tamer Hassan
From
Business Journals
LISC's Black Economic Development Fund reaches $175M with donations from PayPal, HubSpot
December 18, 2020
PayPal is the largest investor in the fund, which is set to deploy capital to Black-led banks and businesses in early 2021.
Tags
Philanthropy & Nonprofits
Banking & Financial Services
Local Initiatives Support Corporation
From
Business Journals
XpresCheck, United Airlines to offer rapid Covid tests on Hawaii flights
December 17, 2020
The rapid Covid-19 tests will cost Hawaii-bound travelers $200, with results available in 15 minutes or less.
Tags
Travel & Tourism
Coronavirus
Doug Satzman
From
Business Journals
JetBlue adds more flights out of NYC, including first flights ever to Miami
December 17, 2020
The flight additions are part of JetBlue's broader plan to add 24 new nonstop routes in the first half of 2021.
Tags
JetBlue Airways Corporation
Travel & Tourism
Scott Laurence
From
Business Journals
BarkBox going public in $1.6 billion deal
December 17, 2020
BarkBox will have its shares listed soon on the New York Stock Exchange under the symbol "BARK."
Tags
Amazon
eBay Inc/
Matt Meeker
From
Business Journals
JetBlue sweetens TrueBlue Mosaic loyalty program to add free companion passes and more
December 16, 2020
Travelers who have reached Mosaic status can receive free unlimited companion passes, complimentary seats on the day of departure and enhanced benefits.
Tags
JetBlue Airways Corporation
JetBlue Airways Corp/
Don Uselmann
From
Business Journals
Security and privacy platform BigID raises $70 million
December 16, 2020
The New York City-based data discovery and intelligence company said its valuation is now more than $1 billion.
Tags
Salesforce
Scale Venture Partners
Bessemer Venture Partners
From
Business Journals
'On,' a Swiss running shoe and apparel company, has opened an NYC retail store
December 16, 2020
On said the 1,630-square-foot store will be its global flagship location where customers can try on its running shoes.
Tags
Oliver Hoare
Commercial Real Estate
David Allemann
From
Business Journals
Investment management platform Vise closes $45M Series B round
December 15, 2020
The company said it will "use the funding to continue to build out and enhance its product and functionalities and to expand its team of world-class talent."
Tags
Startups
Technology
From
Business Journals
Tony Hawk, The Chainsmokers participate in Public.com's $65M fund raise
December 15, 2020
Other celebrities participating in the latest round included "Entourage" star Adrian Grenier and model Iskra Lawrence.
Tags
Startups
Technology
From
Business Journals
Online car dealer Vroom buying CarStory for $120 million
December 15, 2020
CarStory uses artificial intelligence and machine learning to analyze national car buying data.
Tags
Technology
Automotive
Mergers and Acquisitions
From
Business Journals
Apparel, jewelry store tenants sign leases for Brookfield’s Bleecker Street storefronts
December 14, 2020
Brookfield said the new tenants include Arc’teryx, which sells high-performance apparel, outerwear, and equipment and Tarin Thomas, a digitally-native jewelry brand.
Tags
Retailing
From
Business Journals
NYC-area companies join coalition to grow Black workforce
December 11, 2020
Those NYC-area companies include American Express, Verizon Communications, and IBM Corp.
Tags
Ginni Rometty
Walmart
HP Inc/
From
Business Journals
Hibob, an HR technology company, has raised $70 million
December 10, 2020
The 5-year-old company said it's now raised a total of $124 million.
Tags
Rhiannon Staples
Ronni Zehavi
Technology
From
Business Journals
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