Former Citigroup Exec Sentenced to Prison
Security guard at Citibank (Scott Olson/Getty Images) For eight years, Citigroup executive Gary Foster was living the high life on borrowed funds. Embezzling more than $22 million in 2003-2011, Foster, vice president in Citigroup’s treasury finance department in Long Island City, N.Y., racked up a $1 million condo in New Jersey, grand apartments in Brooklyn […]
Lawyer Allegedly Wrote Confession, Called Girlfriend’s Murder ‘Accident’
QUEENS — A 33-year-old lawyer accused of strangling and beating his girlfriend to death in their Astoria apartment was arrested Friday in Westchester, according to police. Jason Bohn, an Ivy-League educated attorney, had been a prime suspect after he called 911 to report the brutal death of his girlfriend, Danielle Thomas, 27, and investigators discovered […]
Arbitrator rules for unions: Turnaround firing, rehiring reversed
Principals union president Ernest Logan and UFT president Michael Mulgrew announce their lawsuit over turnaround in May. An arbitrator has ruled that the city’s plans to reform 24 struggling schools by shaking up their staffs violated its collective bargaining agreements with the teachers and principals unions. The arbitrator’s decision adds a new and abrupt twist […]
Citigroup exec sentenced to eight years in prison
Seth Wenig/ASSOCIATED PRESS Gary Foster, a former Citigroup vice president who admitted embezzling more than $22 million from the bank for his personal use. He was sentenced Friday to 97 months in prison. A CROOKED CITIGROUP executive says he can’t explain why he stole nearly $23 million from the global bank to buy fancy apartments […]
No Cyclone or Hot Dogs, but Still the Boardwalk
The wood has a story to tell, of an odyssey that began by the ocean. When the New York City parks department started using concrete and synthetic lumber three years ago to replace sections of the Coney Island Boardwalk — that symbol of summer, receptacle of dropped ice cream cones and witness to roller coaster […]
Say Hello to Wendy, MoMA PS1’s New Best Friend
Friday, June 29, 2012, by Jessica Dailey Meet Wendy, the newest resident of Long Island City. Created by architecture firm HWKN, Wendy will be residing in the courtyard of MoMA PS1 for the summer to host dance parties every weekend. She’s the winner of the Young Architects Program, and she looks pretty much exactly like […]
TF Cornerstone’s 4615 Center Boulevard Reaches 75 Percent Occupancy in …
More Topics: Choose a SectorAccounting FirmsAdvertising/Media/CommunicationsCapitalCEO/BoardGeneral BusinessHealth/BiotechInternet/TechnologyInvestment FirmsLaw FirmsMergers AcquisitionsMoney ManagersPeoplePrivate CompaniesPublic CompaniesVenture Capital Posted June 29, 2012 Premier New York City Developer Celebrates Record Velocity in Long Island City, Where East Coast Community Nears Completion NEW YORK, NY – TF Cornerstone, developer of the innovative East Coast community in Long Island City, today announces […]
What $2700 Can Rent You Around New York City
Friday, June 29, 2012, by Jeremiah Budin Welcome back to Curbed Comparisons, a column that explores what one can rent for a set dollar amount in various New York City neighborhoods. Is one man’s studio another man’s townhouse? Let’s find out! Today’s price: $2,700/month. ↑ In Long Island City, 697 square feet of the Crescent […]
Luxury Long Island City Hotel Offers Complimentary Bike Service
LONG ISLAND CITY — Z NYC, a Long Island City boutique hotel with a rooftop bar and a limo service to and from Manhattan, is now offering a less luxurious amenity: complimentary bikes. The Z — which opened in July 2011 and is one of more than dozen hotels that have recently been built in […]
Across the Country, Finding Pieces of the Coney Island Boardwalk
The wood has a story to tell, of an odyssey that began by the ocean. When the parks department three years ago started using concrete and synthetic lumber to replace sections of the Coney Island Boardwalk — that symbol of summer, receptacle of dropped ice cream cones and witness to roller coaster romance — the […]
5Pointz owner plans to raze Long Island City graffiti mecca and build two high …
The owner of a Long Island City street-art haven is moving forward with a plan to demolish the building, making way for two more high-rises. David Wolkoff, whose family has owned the building known as 5Pointz for four decades, recently unveiled the latest plan to remake the former factory at a Community Board 2 land […]
Food company takes big bite out of Hunts Point
It looks like the Hunts Point area of the Bronx is indeed becoming a home for the food industry. Four months after online grocer FreshDirect said it was decamping from its long-time headquarters in Long Island City, Queens to a site in the Harlem River Yard in Hunts Point, Chefs’ Warehouse has agreed to take […]
Opening Day at Astoria Pool Draws Hundreds of Residents
ASTORIA — Hundreds of Astoria residents came to splash around the Astoria Pool on Thursday, the first day of the city’s summer swimming pool season. The pool opened at 11 a.m. and filled quickly with children and teenagers enjoying their first day of summer vacation. They splashed each other, jumped into the cool water and […]
Murdered Astoria Woman’s New York Dream Cut Short
ASTORIA — A budding financial exec who came to New York to pursue a dream job ended up in a nightmare of domestic abuse at the hands of her boyfriend who allegedly beat and strangled her in their Astoria apartment earlier this week, her friends and cops said. Danielle Thomas, 27, started her job as […]
NYC Public Schools to Integrate Sustainability Themes Into Lesson Plans
CELF and NYC Department of Education Kick Off Pilot Program Helping Teachers Build Sustainability Concepts Into Overall Curricula. (PRWEB) June 28, 2012 The Children’s Environmental Literacy Foundation (CELF), in partnership with the New York City Department of Education (NYC DoE), today kicked off a pilot program to help New York City (NYC) public schools bring […]
FedEx starts work on new facility
FedEx broke ground on its $56 million distribution center in Long Island City on June 22. The 140,000-square-foot automated distribution center is scheduled to open in August 2013. “This is an encouraging trend of businesses moving to Long Island City,” Congresswoman Carolyn Maloney (D-Manhattan, Queens) said. The new facility, which has been in the works […]
Massive Hallets Point Development Project Gets Boost from State
ASTORIA — A New Jersey real estate firm looking to build a $1 billion development in Hallets Point, including a new water taxi stop, and beautify a run-down portion of the increasingly popular Astoria waterfront has received a boost from the state Legislature. Lincoln Equities Group plans to entirely change the appearance of the 7-acre […]
Cops Investigate Killing of 27-Year-Old Woman in Astoria Updated June 27 …
QUEENS — Police are investigating the killing of a 27-year-old woman who was found with severe head trauma inside an Astoria apartment Tuesday night, the NYPD said. Cops discovered the body of Danielle Thomas at 28-25 33rd St. about 7:30 p.m., after police received a report of an unconscious female at that location. Thomas was […]
The Other Hot Dog King of New York: A Chat With Ed Beller …
Ah, the sweet, sweet smell of hot dogs steaming from a bright, shiny curbside cart. What’s more New York than that? Not much. And seeing as nobody running around this city has time to sit down for a long, wholesome lunch break anymore, today’s ever-widening range of food carts and trucks offer quick, tasty solutions […]