Greg David, Author at THE CITY - NYC News

The sun reflects off the New York Stock Exchange on an early spring day.

Economy

Fueled by Wall Street and Crypto, NYC’s Economic Outlook Looks Bright — For Now

Dec. 23, 2024, 5:00 a.m.Dec. 22, 2024, 4:57 p.m.

But the impact of Trump’s pledge to raise tariffs and enact mass deportations makes the future uncertain.

Billionaire’s Row glimmered at night above Sheep Meadow in Central Park.

Taxes

Trump Advisors Renege on SALT Tax No-Cap Promise

Dec. 19, 2024, 5:00 a.m.Dec. 19, 2024, 12:08 p.m.

The incoming president’s pledge to lift the $10,000 deduction limit has seemingly been replaced with a modest increase. Will Republicans in the state demand a total end to the cap?

Mayor Eric Adams and Governor Kathy Hochul take questions about the redevelopment of the Kingsbridge Armory, Aug. 8, 2023.

Government

Budgeting Past the Graveyard: Adams and Hochul Spend Boldly Despite Likelihood of Trump Funding Cuts

Dec. 2, 2024, 5:00 a.m.Dec. 1, 2024, 8:53 p.m.

Both houses of Congress and the White House will be controlled by Republican leaders who’ve vowed to cut spending. But New York’s officials aren’t changing course yet.

Students and faculty enjoy a spring day at the Cornell Tech campus on Roosevelt Island.

Education

NYC’s Growing Higher Ed Sector Contributes $35 Billion a Year to City Economy, Study Finds

Nov. 25, 2024, 5:00 a.m.Nov. 25, 2024, 10:12 a.m.

But challenges for the city’s 100 higher ed institutions loom, with Republican-led cuts to federal funding on the horizon.

First Deputy Mayor Maria Torres-Springer speaks at a City of Yeas housing rally in City Hall Park.

Land Use

Adams’ ‘City of Yes’ Housing Agenda Ekes By Council Committees Mostly Intact

Nov. 21, 2024, 6:17 p.m.Nov. 22, 2024, 2:24 p.m.

Compromises to continue parking-construction mandates and rein in backyard apartments still leave capacity to build 80,000 more units, the mayor’s team says.

Felix Cesar makes a drink inside his Flatbush small business, Sweet Sundays Cafe.

Economy

Restaurant Resurgence Reflects Optimism Post-Pandemic Demand Is Here to Stay

Nov. 5, 2024, 5:00 a.m.Nov. 5, 2024, 10:33 a.m.

Employment in bars and eateries is nearly back to pre-2020 levels, with new establishments playing to a wide range of clienteles.

A group of migrants sell food to construction workers at 53rd Street in Manhattan.

Economy

How Donald Trump’s Mass Deportations and Tariffs Would Impact New York City’s Economy

Nov. 3, 2024, 6:00 a.m.Nov. 4, 2024, 11:45 a.m.

Two planks of the Republican nominee’s agenda would have devastating consequences on the city’s fortunes, economists and scholars say.

A row of commercial and tenement buildings sat along West 36th Street in the Garment District.

Manhattan

Bigger Apartment Buildings on Deck for Midtown South Under Adams-Council Proposal

Oct. 30, 2024, 3:28 p.m.Oct. 30, 2024, 3:28 p.m.

Taking advantage of new flexibility granted by the state, city planners and local reps unveil zoning plans that will allow new housing construction and conversions at a scale that’s been prohibited for years.

Production crews film an episode of “And Just Like That” in Greenwich Village.

Economy

NYC Film and TV Employment Plummets as Studios Seek Cheaper Programming and Locations

Oct. 29, 2024, 5:00 a.m.Oct. 28, 2024, 5:15 p.m.

Following strikes that shut down the industry, streaming platforms are pulling back on the relatively costly scripted series that New York studios rely on.

Construction workers erected a residential development at the intersection of Downtown Brooklyn and Fort Greene.

Politics

What Harris or Trump Would Mean for New York’s Housing and Transit

Oct. 17, 2024, 2:41 p.m.Oct. 18, 2024, 9:25 a.m.

Help to buy and build housing are core planks for the Democratic nominee, while the Republican has vowed to kill driver congestion fees the MTA is counting on.

Greg David

Fueled by Wall Street and Crypto, NYC’s Economic Outlook Looks Bright — For Now

Trump Advisors Renege on SALT Tax No-Cap Promise

Budgeting Past the Graveyard: Adams and Hochul Spend Boldly Despite Likelihood of Trump Funding Cuts

NYC’s Growing Higher Ed Sector Contributes $35 Billion a Year to City Economy, Study Finds

Adams’ ‘City of Yes’ Housing Agenda Ekes By Council Committees Mostly Intact

Restaurant Resurgence Reflects Optimism Post-Pandemic Demand Is Here to Stay

How Donald Trump’s Mass Deportations and Tariffs Would Impact New York City’s Economy

Bigger Apartment Buildings on Deck for Midtown South Under Adams-Council Proposal

NYC Film and TV Employment Plummets as Studios Seek Cheaper Programming and Locations

What Harris or Trump Would Mean for New York’s Housing and Transit

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