PYMNTS

SEPTEMBER 27, 2019

As New York City ’s vacancy rate has skyrocketed by nearly 50 percent, a report released by City Comptroller Scott Stringer showed that the amount of empty retail space in the city has doubled in the last 10 years or so. The vacancy rate reached a high of 5.8

New York City 133

New York City New York Retail Taxes 133

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OCTOBER 6, 2020

CEO John Lagerling said the company has a loyal user base in New York City. More than ever, New Yorkers are looking for a safer and easier way to declutter without the meetup," Lagerling said in the release. Launching Mercari Now in Manhattan and Brooklyn will let New Yorkers do just that. Mercari U.S.

New York City 174

New York City New York San Francisco Operations 174

PYMNTS

JULY 11, 2018

s Jet.com unit is getting into the same-day grocery delivery market, gearing up to offer the service in New York City. In addition to groceries, Bloomberg reported the fulfillment center will store everyday essentials for delivery and select merchandise. Walmart Inc.’s

New York City 100

New York City New York Apple Seattle 100

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AUGUST 3, 2020

It’s closing time for many small businesses in New York City. The New York Times said a new report from the Partnership for New York City estimated that one-third of the city’s 240,000 small businesses could close down and vanish.

New York City 157

New York City New York Report Conference 157

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NOVEMBER 1, 2019

As the company modernizes and reimagines the customer experience in stores located in high-traffic metropolitan areas, Starbucks plans to open a Starbucks Pickup store in New York City on Tuesday (Nov. The company saw active Starbucks Rewards membership in the U.S. expand to 17.6

New York City 101

New York City New York Customer Experience Mobile 101

CFPB Monitor

JUNE 22, 2020

ACA International has reported that after discussions last week with the New York City Department of Consumer Affairs (DCA), the DCA is expected to announce a 60-day enforcement grace period for the new requirements relating to consumers’ language proficiency that were recently added to NYC’s existing debt collection regulations.

New York City 78

New York City New York Regulation Report 78

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SEPTEMBER 3, 2020

In a filing with New York’s State Department of Labor Monday (Aug. The iconic hotel on West 42nd Street was shuttered and furloughs began in mid-March as COVID-19 struck the city, The Wall Street Journal (WSJ) reported. In a typical year, New York City sees more than 65 million visitors.

New York City 345

New York City New York California Report 345

CFPB Monitor

JUNE 12, 2020

New debt collection rules creating requirements relating to consumers’ language proficiency are set to take effect in New York City on June 27, 2020. The new rules amend NYC’s existing debt collection regulations applicable to creditors collecting their own debts as well as third-party collection agencies.

New York City 78

New York City New York Regulation Resources 78

PYMNTS

SEPTEMBER 17, 2020

It could cost more to dine in New York City restaurants. The City Council approved an optional 10 percent fee restaurateurs can charge to ease the financial hardship brought on by COVID-19, The Wall Street Journal reported. The panel’s action Wednesday (Sept.16)

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New York City New York San Francisco Compliance 237

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SEPTEMBER 15, 2020

intends to provide a $20,000 bonus to workers who choose to leave San Francisco, Seattle or New York while reducing their base salaries by up to 10 percent, Bloomberg reported, citing an unnamed source. As a number of companies have provided workers with greater flexibility with the location and method of work, Stripe Inc.

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San Francisco New York City New York Seattle 151

PYMNTS

DECEMBER 10, 2019

A new report from Barclays Capital about transportation in New York City says Uber and Lyft can achieve profitability in the future despite their poor initial public offering (IPO) showings this year, according to a report by Bloomberg. .

New York City 157

New York City Report New York Study 157

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SEPTEMBER 9, 2020

New York City will reinstate indoor dining as of Sept. Andrew Cuomo said, as reported by The Wall Street Journal. The reason for the reopening of indoor dining, Cuomo said, is because compliance with distancing restrictions among New York City restaurants has now exceeded 99 percent.

New York City 141

New York City New York Apple Compliance 141

CFPB Monitor

AUGUST 7, 2020

As discussed in our June 12th post , the New York City Department of Consumer Affairs (“DCA”) issued new debt collection rules related to limited English proficiency servicing. Annual reports : Annual reports must be maintained in the debt collection agency’s records and produced to DCA upon request.

New York City 78

New York City New York Industry Report 78

PYMNTS

AUGUST 14, 2018

The news comes as Casper is looking to open the doors of 200 brick-and-mortar stores in an attempt to fight off competition from internet imitators. The retailer aims to expand its identity from a place to buy a mattress to a destination for a variety of sleep products, the Wall Street Journal reported.

New York City 100

New York City New York Retail Online 100

PYMNTS

JANUARY 29, 2021

If coronavirus cases stay at a stable level, New York Governor Andrew Cuomo said eateries in the Big Apple will be able to open again for indoor dining starting on Valentine’s Day at restricted volume, CNBC reported. The holiday surge from New Year's and Christmas seems to be over, reaching a high on Jan. 28 from a 7.1

New York City 194

New York City New York Washington Apple 194

PYMNTS

SEPTEMBER 25, 2020

Dining out has taken on new meaning in New York City. Mayor Bill de Blasio told WNYC that outdoor dining will be allowed year-round, amNewYork reported. Open Street, the city program that closes street blocks to vehicular traffic, will also be permanent. “I

New York City 229

New York City New York US Report 229

PYMNTS

JANUARY 14, 2021

As the pandemic continues to bash the economy, all too many New York City apartment dwellers simply can’t pay the rent. That’s the amount of debt they owe due to missed rent payments during the pandemic, The Wall Street Journal reported. Meanwhile, the city’s overall economic situation does not look good.

New York City 195

New York City New York Guidelines Survey 195

PYMNTS

OCTOBER 26, 2020

Ma also noted that it’s the first time such a gargantuan deal has been conducted outside of New York City. “We Alibaba founder Jack Ma has said the upcoming dual listing for Ant Financial is “the largest in human history,” according to Reuters. We didn’t dare to think about it five years ago, or even three years ago.

Groups 213

Groups New York City Report New York 213

PYMNTS

JANUARY 8, 2021

Retail rents have plummeted to historic lows in New York City amid the COVID-19 pandemic, as bankruptcies and vacancies penetrated the area, CNBC reported on Friday (Jan. SoHo was part of the roughly eight areas in the city that saw their lowest average asking rents in at least a decade.

Retail 249

Retail New York City New York Report 249

PYMNTS

NOVEMBER 9, 2020

The RealReal reported on Monday (Nov. The luxury consignment marketplace reported that orders reached 550,084 in the quarter, a 9 percent quarter-over-quarter improvement and a 5 percent year-over-year decline. The RealReal reported $245.4 The RealReal reported $395.2 The company reported $64.4

Trends 140

Trends Los Angeles Report New York City 140

PYMNTS

JANUARY 6, 2021

The new Fiscal Outlook from the New York City Independent Budget Office finds that the COVID-19 pandemic has likely made it so the city's economy won't fully recover for years. The report released Wednesday (Jan. The report released Wednesday (Jan. The report forecasts budget gaps of $2.3

New York 248

New York New York City Resources Course 248

PYMNTS

NOVEMBER 9, 2020

The RealReal reported on Monday (Nov. The luxury consignment marketplace reported that orders reached 550,084 in the quarter, a 9 percent quarter-over-quarter improvement and a 5 percent year-over-year decline. The RealReal reported $245.4 The RealReal reported $395.2 The company reported $64.4

Trends 133

Trends Los Angeles Report New York City 133

PYMNTS

JUNE 7, 2019

New York City Comptroller Scott Stringer is scrutinizing the city’s $47 million contract with Ivalua to develop an eProcurement system after a previous report uncovered surging costs and delays in the initiative. million initiative to connect 40 city government agencies to procure online. .”

New York City 134

New York City New York Dallas Texas 134

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AUGUST 5, 2020

Visitors to New York City who are caught coming from states with high rates of COVID-19 could be assessed a hefty fine due to a new state quarantine order. 5) that checkpoints at bridges and tunnels leading into the city will enforce the state quarantine order. Johns Hopkins University reported that the U.S.

Puerto Rico 143

Puerto Rico New York City North Dakota New York 143

PYMNTS

SEPTEMBER 25, 2020

New York City might shutter nonessential businesses in multiple districts and prohibit groups of over 10 individuals, city officials cautioned, The Wall Street Journal reported. The warning come as city leaders said on Friday (Sept. New York has given the locations up to the night of Monday (Sept.

New York City 151

New York City New York Comparison US 151

PYMNTS

NOVEMBER 13, 2018

Amazon is expected to announce later Tuesday (November 13) that it chose New York City and Northern Virginia as the homes for its second and third headquarters, reported the Wall Street Journal. Both are located directly across from city centers.

New York City 167

New York City New York Arlington Virginia 167

PYMNTS

SEPTEMBER 22, 2020

Eighty-seven percent of New York City restaurants, bars and other such venues couldn't pay their full rent during August, according to the most recent Rent Report from the NYC Hospitality Alliance. 11, according to the report. And, the report went into detail on the percentage expected to be paid by landlords: 49.1

New York City 218

New York City New York Survey Data 218

PYMNTS

SEPTEMBER 29, 2020

Bankruptcy filings are surging in New York City with almost 6,000 closures, representing a 40 percent increase, according to Bloomberg , and it's forecasted to keep getting worse. 26), the first time in months, Bloomberg reported.

New York 224

New York New York City Taxes Community 224

PYMNTS

SEPTEMBER 17, 2020

Roughly one in four hotels across the country have fallen at least 30 days behind on their mortgage payments, according to a recent report by Trepp, with urban hotels in hospitality hubs like the Big Apple particularly hard-hit. The 44-story landmark hotel in the heart of Manhattan, which is set to shut down permanently on Oct.

New York City 224

New York City Los Angeles New York Apple 224

PYMNTS

AUGUST 10, 2020

the New York-based athletic retailer, reported comparable store sales increased by 18 percent in the second quarter (Q2) that ended Aug. Excluding non-recurring items, the company expects to report adjusted earnings per share of 66 cents to 70 cents. Foot Locker Inc., Shares of Footlocker stock rose to $30.50

Report 135

Report New York City New York Washington 135

PYMNTS

JUNE 11, 2020

It’s the perfect time to lease a New York City apartment as vacancies rose, causing rental listings to jump, CNBC reported. Lease signings fell by 62 percent across every borough in May, the lowest number in a decade, the report said. As inventory soared, the average rent in Manhattan fell by 1.8

New York City 130

New York City New York Apple Report 130

PYMNTS

JUNE 11, 2019

comes after the online retailer opened one of the concept locations in New York City in a mall, CNBC reported. New York really fits … what we’re looking for,” said Amazon Vice President of Physical Stores Cameron Janes. The news comes shortly after the Amazon Go concept first came to New York City.

New York City 156

New York City New York Seattle San Francisco 156

PYMNTS

DECEMBER 11, 2020

New York City's famous FAO Schwartz store will be listed on Airbnb for someone to stay in for a night on Dec. 21 this year, Radio.com reports. The booking will only be available for one New York City family of four, all living under the same roof, for just $25 plus taxes. 10 at $144.71.

New York City 216

New York City New York Taxes Report 216

PYMNTS

FEBRUARY 19, 2020

In today’s top news, LendingClub buys Radius Bancorp in a “transformative” deal, Walmart reports disappointing quarterly earnings due to tepid holiday sales, and Macy’s is downgraded to a junk-bond status. LendingClub’s positive earnings report on Tuesday (Feb. But the city has no reported cases thus far.

Report 140

Report New York City Payments New York 140

PYMNTS

SEPTEMBER 22, 2020

According to the company’s website, Brookfield Properties has more than 170 retail properties in 43 states representing 150 million square feet of shopping space including five premier locations on Fifth Avenue, Lafayette and West 57th Street in New York City.

Indianapolis 146

Indianapolis Report New York City Chicago 146

PYMNTS

DECEMBER 5, 2018

The new year will bring a minimum wage for Uber and Lyft drivers in New York City — that much is clear, even if the new rules on payments are a bit complicated. New York City also put a one-year moratorium on granting licenses for ride-hailing drivers. Starting on Jan. after expenses.

New York City 128

New York City New York Chicago Report 128

PYMNTS

MAY 14, 2020

Union Square Hospitality Group founder and CEO Danny Meyer said he doesn’t see reopening the dining rooms of his 19 restaurants located across New York City until after there is a vaccine for the coronavirus. Outdoor seating is another option being considered as New York City explores ways to expand outside dining space. .

Groups 231

Groups New York City New York Washington 231