Business

Jun 272013
 
North American Producers Calls On MTA To Reconsider Using Chinese Steel On Verrazano

BUSINESS: The American Iron and Steel Institute [AISI] – an association of North American steel producers – is asking the Metropolitan Transit Authority to reconsider their decision to use 15,000 tons of steel plate made in China for an upper deck replacement project on the Verrazano Narrows Bridge planned to begin next year.

Apr 292013
 
93 Lounge Shut Down On Workers Comp Charge - It's The New Getting-Capone-On-Tax-Evasion!

BUSINESS: The 93 Lounge became the second Bay Ridge nightclub in recent months to get shut down over failure to comply with the state labor law. It was raided late Friday night/early Saturday morning by police and officials from the New York State Workers’ Compensation Board. Owner Ronald Coury was taken into police custody.

Mar 012013
 
Council Passes Fine Relief For Street Vendors But Not Brick-And-Mortars; Gentile Asks, “Does that seem fair to you?”

BUSINESS: On Wednesday, the City Council approved a bill that would reduce the maximum fine given to street vendors for blocking the sidewalk in half from $1,000 to $500. The bill moved quickly through the Council in the past two weeks after the Street Vendor Project publicly shamed Council Speaker Christine Quinn into action. Bay Ridge Councilmember Vincent Gentile cast one of only three “no” votes against 44 in favor. Gentile has long held the view that street vendors have played by rules that grant them preferential treatment, while traditional brick-and-mortar stores have had to contend with a hostile tax and regulatory environment, and that bills such as this exacerbate the double-standard.