The arrival of 2021 offers a moment for active and thoughtful reflection. In practically every industry and avenue, the new year is one that promises hope and renewal, optimism and opportunity. In the tech world, the next 12 months are not likely to highlight flashy new developments and gadgets. It is more likely that the… Continue Reading
The New York City-based, BigID, a privacy and protection technology company, has raised $70 million in Series D funding. Salesforce Ventures and Tiger Global lead the investing this cycle. Longstanding supporters of BigID, Bessemer Venture Partners, Scale Venture Partners, and Boldstart Ventures put forth additional funding. Series A funding in January 2018 yielded $14 million… Continue Reading
New York Governor Andrew Cuomo has announced a new plan to allow sports enthusiasts back to the bleachers for the first time since the onset of the pandemic. The NYS Health Department, the Buffalo Bills, and the NFL signed an agreement to permit 6,700 fans to attend the team’s first home playoff game in close… Continue Reading
The West Bank Cafe is a New York City staple, particularly in the tight-knit performing arts community. It is in the Café’s basement theatre, known as the Laurie Beechman Theater, where the first “Sunday in the Park With George” rehearsals were held and Joan Rivers did her last standup routine. But the once-bustling eatery and… Continue Reading
Plexi-Craft used to be a simple, swanky, high-end, Bronx-based furniture factory. Now it is one of the country’s most sought after businesses. The 60-year-old company has a long history of acrylic resin skills, designing trendy, clear plastic chairs, tables, cabinets, and more. And as the world scrambles to resume some sense of normalcy alongside the… Continue Reading
There is nothing typical about the 2020 holiday season. Celebrations have been curtailed, guest lists have been tightened, and shopping options have been limited. New Yorkers, however, ever resilient and resourceful, are finding ways to keep the holiday spirit alive and support local entrepreneurs and businesses in the process. Primarily organized on social media, these… Continue Reading
All of New York City’s businesses are hurting in the wake of the global coronavirus pandemic. The number of Black-owned businesses in general fell by close to 40% during the crisis. Diners, restaurants, and eateries have been particularly hard hit. Black-owned restaurants across the City have seen revenue fall as much as 80% since March… Continue Reading
Housewares giant Home Depot announced that it has signed a lease to take over the 120,000 square feet, 4-story facility that was once occupied by Bed Bath & Beyond store at 410 E. 61st Street in Manhattan’s Upper East Side. This is Home Depot’s third location in New York City, with one in the Flatiron… Continue Reading
The UK-based financial services firm FinTrU opened its first North American offices in New York City. The FInTru offices are set up on Avenue of the Americas in Manhattan and represent an international growth for the award-winning fintech company. “Many of our tier one investment bank clients are based in New York so it was… Continue Reading
New York City’s BIDs (Business Improvement Districts) and neighborhood organizations are a pivotal lifeline for local shops and stores. The BIDs take on the lion’s share of street cleaning, marketing campaigns, and publicity. The tragic economic effects of the coronavirus pandemic have only heightened the need for BIDs. They are helping businesses stay open, advocating… Continue Reading