Most talked about Crain's New York Business stories

Mayor calls JPMorgan tax proposal 'nonstarter'

crainsnewyork.com — On Monday, Mayor Bill de Blasio rejected a request from JPMorgan Chase for more than a $1 billion in tax incentives from the city and state to keep its headquarters in New York City. But although he called the proposal a "nonstarter," he left open the possibility of offering some tax break to the bank.
Oct 20, 2014

De Blasio says nah to JPMorgan's request for $1B+ in tax breaks to keep its HQ in NYC. bit.ly/1vXG4zC

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Leucadia's CEO: Now that's a bonus, baby

crainsnewyork.com — Over a career spanning 40 years, Ian Cumming carved out a reputation as one of Wall Street's savviest but quietest investors. But Mr. Cumming's recent retirement may be one of his smartest unheralded moves yet, given the size of the bonus he's come away with and the trouble he's left behind.
Oct 20, 2014

@kerpen Oh look, he was awarded the largest bonus of any executive of a publicly traded company in 2012 crainsnewyork.com/article/201306…

Trunk Club to try on Madison Avenue for size

crainsnewyork.com — Trunk Club, the growing menswear website, acquired by Nordstrom over the summer for $350 million, is opening its first physical store in the city on one of Manhattan's most exclusive shopping corridors. The company has leased 26,190 square feet on the north side of the Villard Houses between East 50th and East 51st streets on Madison Avenue.

Get ready for a $5 billion bill, NY

crainsnewyork.com — The aftermath of Superstorm Sandy presented tens of thousands of property owners in the city's newly expanded flood zone with a difficult decision: stormproof their homes or face insurance premiums that are set to go up by as much as 18% each year.