• February 20, 2018
  • Welcome!
    |
    ||
    Logout|My Dashboard

Queens Chronicle

Queens Economic News

Top Story

New tax cuts a win for boro commerce?

Many say the tax bill signed by President Trump is just a gift to the biggest corporations. But in Queens, it’s not only the largest companies that are seeing positive results.Count borough native Tom Clarke as a big fan of the Tax Cuts and Jobs Act. He’s a franchisee of Arby’s locations in Fresh Meadows and Middle Village, along with Burger Kings in Douglaston and Springfield Gardens.

Thursday 02/15/2018
Queens cool to Trump infrastructure plans
Posted: February 15, 2018

President Trump’s long-awaited national infrastructure initiative delivers a lot less than promised, according to federal and local officials here.

A 55-page summary of a plan the president had been promising since he was a candidate would commit $200 billion in federal funds while seeking to leverage an additional $1.5 trillion from state and local governments and private investment.

Comments (0)
more »
Business sector wary of trash pickup zones
Posted: February 15, 2018

Anyone opening a brick-and-mortar business in New York City must factor in the cost of selecting a private garbage collection service.

But the city and the Department of Sanitation are working on a five-year plan in which officials would divide all five boroughs into zones, each with a single, city-selected commercial carter.

Comments (0)
more »
CB 9 backs Hevesi’s homeless proposal
Posted: February 15, 2018

Assemblyman Andrew Hevesi (D-Forest Hills) said Tuesday he’s gotten multiple community boards, fellow Assembly members, state senators, city officials and more to support his $450 million plan to replace city and state rental supplements with a single statewide one.

But there is one, very important person who does not back it — Gov. Cuomo.

Comments (0)
more »
State of the city is a ‘fair’ to remember
Posted: February 15, 2018

Mayor de Blasio’s State of the City address on Tuesday did not have the level of splashy programs that he has unveiled in the past, but instead focused on what he believes defines fairness.

“Three years, 10 months and 15 days — that’s how long this administration has to ensure that we become the fairest big city in America,” de Blasio said. “And we will take on that mission and we will do it with speed and we’ll do it with urgency.”

Comments (0)
more »
Judge strikes down tax lawsuit amicus
Posted: February 15, 2018

A Manhattan state Supreme Court justice ruled Feb. 7 that five Council members, including two from Queens, cannot use a private attorney to file an amicus curiae brief backing a lawsuit challenging the city’s property tax system. Justice Gerald Lebovits said in a four-page decision that the members must use the city’s corporation counsel, who has already said he will not represent them, when acting in their official capacity.

“Because the proposed Amici are seeking relief in their official capacity, they may not use anyone but the Corporation Counsel to represent them,” Lebovits wrote.

Comments (0)
more »
Monday 02/12/2018
Judge strikes down tax lawsuit amicus brief
Updated: February 15, 2018 - 12:18 pm

A Manhattan state Supreme Court justice ruled Feb. 7 that five Council members, including two from Queens, cannot use a private attorney to file an amicus curiae brief backing a lawsuit challenging the city’s property tax system. Justice Gerald Lebovits said in a four-page decision that the members must use the city’s corporation counsel, who has already said he will not represent them, when acting in their official capacity.

Comments (0)
more »
Thursday 02/08/2018
Katz: Queens and business a vital mix
Updated: February 15, 2018 - 12:19 pm

The business of Borough President Melinda Katz was business during a Tuesday morning talk with the Queens Chamber of Commerce.

Speaking before more than 300 people in Queens Village, Katz said public and private investment within the borough has and will continue to draw people from around the world for the same reason her own parents came in 1953 — opportunity.

Comments (0)
more »
Legal sports betting may soon come to NY
Updated: February 15, 2018 - 12:19 pm

Billions of dollars were exchanged in wagers on the Super Bowl Sunday — but most of it was illegal. Sports gambling is legal in Nevada and there are sports lotteries, in which people make multiple wagers at once, in Montana, Delaware and Oregon.

Otherwise, sports betting is illegal under the Professional and Amateur Sports Protection Act of 1992 — also known as the Bradley Act — which prohibits gambling on games in every other state. But the odds are likely that the U.S. Supreme Court will strike down that ban and allow New Jersey, New York and other states to permit and regulate sports betting.

Comments (0)
more »
City makes new Willets Point deal
Updated: February 15, 2018 - 12:18 pm

The de Blasio administration on Tuesday officially announced its new agreement with the Queens Development Group for the Willets Point urban renewal plan.

Covering six acres of land, the deal includes a 450-seat elementary school, retail, open space and 1,100 apartments for moderate- and low-income tenants. There will be no mall.

Comments (0)
more »