PYMNTS-MonitorEdge-May-2024

New York

eCommerce Booms, Warehouses Transform New York Neighborhoods
eCommerce Booms, Warehouses Transform New York Neighborhoods
March 16, 2022  |  eCommerce

New York represents not only the largest concentration of digital shoppers in the United States, but also the nation’s warehouse capital, The New York Times...

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Mastercard Launches Campaign to Support SMBs, 50 Years of NYC Marathons
Mastercard Launches Campaign to Support SMBs, 50 Years of NYC Marathons
November 04, 2021  |  Mastercard

Mastercard is celebrating the 50th anniversary of the TCS New York City Marathon, and is honoring the small businesses that have kept the city running...

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NY Crypto Lending Crackdown Targets Five Platforms
NY Crypto Lending Crackdown Targets Five Platforms
October 18, 2021  |  Cryptocurrency

New York has ordered two cryptocurrency lending platforms to cease activities and warned three others to hand over information about how their businesses operate, New...

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Grubhub, DoorDash, Uber Eats File Suit Against NYC Over Fee Cap Law
Grubhub, DoorDash, Uber Eats File Suit Against NYC Over Fee Cap Law
September 10, 2021  |  Delivery

The three largest food delivery platforms filed a lawsuit against New York City seeking an injunction that would stop the city from enforcing commission caps,...

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Buyers Take Manhattan As Real Estate Sales Hit Record Highs
Buyers Take Manhattan As Real Estate Sales Hit Record Highs
April 02, 2021  |  Real Estate

Residential sales for Manhattan real estate have escalated to the highest levels in 14 years as buyers scooped up apartment and condo bargains after the...

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Bitcoin Is Catching The Eye Of Wall Street — Time To Worry?
Bitcoin Is Catching The Eye Of Wall Street — Time To Worry?
March 02, 2021  |  Bitcoin

It’s never easy to call the top of, well, anything in any market. Name it: art, baseball cards, certainly not stocks, bonds or housing. But...

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Survey Says Most NYC Restaurants Couldn’t Pay December’s Rent
Survey Says Most NYC Restaurants Couldn’t Pay December’s Rent
February 16, 2021  |  Retail

Some 92 percent of the more than 400 restaurants surveyed by the NYC Hospitality Alliance indicated that they could not foot the bill for rent,...

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New York State Tax Revenue Drops 10 Pct In 2020
New York State Tax Revenue Drops 10 Pct In 2020
February 03, 2021  |  Taxes

Local government sales tax collections dropped 10 percent in 2020, according to a press release from the state comptroller. That comes out to a $1.8...

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NY’s Cuomo Embraces Online Gambling;  Shows Inroads Amid Pandemic
NY’s Cuomo Embraces Online Gambling; Shows Inroads Amid Pandemic
January 06, 2021  |  Economy

Bet on New York emerging a bit more flush from the pandemic. Soon, you might be able to bet on it…literally, online and through mobile...

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