Uber, Lyft's 9% pay raise | Soho House turns a profit | New public housing?
Crain's New York Business sent this email to their subscribers on March 8, 2023.
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AFTERNOON 10
WEDNESDAY, MARCH 08, 2023
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1. UBER AND LYFT DRIVERS TO GET 9% PAY INCREASE STARTING NEXT WEEK
The city’s Taxi and Limousine Commission approved new minimum pay rates following a protracted legal battle
Related: In the Markets: Only an Uber-Lyft merger could drive out massive losses in ridesharing
Read More >
Rooftop bar at Soho House in New York City
2. SOHO HOUSE TURNS PROFITABLE AS TRAVEL TO NEW YORK REBOUNDS SHARPLY
Hotel occupancy rates are almost back to 2019 levels
Read More >
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3. BUILD NEW PUBLIC HOUSING ON NYCHA CAMPUSES, SPEAKER PROPOSES, REVIVING FOUGHT-OVER CONCEPT
Adrienne Adams is the latest leader seeking to exploit the city’s sprawling campuses
Read More >
Eric Adams announces second phase of mental health plan
4. ADAMS UNVEILS AMBITIOUS PLAN TO COMBAT CITY'S RECORD-HIGH OVERDOSE RATE
The proposal centers around increasing harm reduction centers and improving access to treatment
Related:
* Director of harm reduction centers wants to use love, not aggression, to address adversaries
* The city’s overdose-prevention strategy now includes drug testing technology
Read More >
Photo of NY City Council Speaker Adrienne Adams
5. COUNCIL SPEAKER PROPOSES ZONING CHANGES TO PROTECT CITY’S MANUFACTURING SECTOR
The plan would focus on waterfront industrial districts that have seen a decline in activity
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6. POT DISPENSARY MANAGER FINDS JOY IN SERVING CUSTOMERS FROM ALL WALKS OF LIFE
Sasha Nutgent runs the Housing Works dispensary, which was the first in the city to open
Related: Cannabis attorney on why the state’s legal market isn’t actually off to a slow start
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Grey Goose mansion at 97 Pecksland Rd. in Greenwich, Conn.
7. THE GREENWICH MANSION THAT GREY GOOSE BUILT IS LISTED FOR $34M
The 10-bedroom mansion is for sale by a nephew of the brand's founder
Read More >
NYC SBS Commissioner Kevin Kim
8. WINNERS AND LOSERS AS SMALL BUSINESS SERVICES DEPARTMENT WEANS OFF FEDERAL STIMULUS MONEY
The city agency's preliminary budget is nearly 63% lower
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9. DEALS OF THE DAY: MARCH 8
StubHub inks a Financial District office lease, and JDS puts the rental portion of 9 DeKalb up for sale
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10. WEWORK IS IN TALKS TO RAISE HUNDREDS OF MILLIONS IN CASH
The investment from Yardi Systems, a California-based proptech firm, would allow the coworking giant to restructure its debt
Related: City's top office leases almost doubled in size in second half of 2022
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