NEW YORK—A $1.6-billion public-private partnership with The City University of New York to build a new science and research park at Hunter College’s Brookdale Campus on East 25th Street and First Avenue in the Kips Bay section of Manhattan was announced in early October.
A recent report by the Brookings Organization, a Washington, D.C. think tank, indicated that the Federal Reserve likely would need to push unemployment far higher than originally thought (4.1%) if it is to succeed in bringing inflation down to its 2% target by the end of 2024. Federal Reserve policymakers as well as most economists had expected that the upturn in inflation that began in March 2021 would prove transitory. They were wrong.
Economic Outlook – Taming Inflation Will Take Longer Than Expected Read More »
A roundup of what’s new and who’s in the news both locally and in the state.
What’s New & Who’s News Read More »
YORKTOWN, NY – Hundreds of millions of dollars in state and federal funds for infrastructure are going unspent as the condition of Hudson Valley roads, bridges, sewers, and other critically important infrastructure continues to worsen, according to an in-depth report issued recently by the Construction Industry Council of Westchester & Hudson Valley, Inc.
Hundreds of Millions Go Unspent For Capital Work Read More »
MOUNT VERNON, NY – At a recent ceremony to mark the end of a long-delayed effort to rehabilitate the storied Memorial Field, speakers recalled its noteworthy past and its bright future.
Mount Vernon, Westchester County Celebrate Opening of Fully Renovated Memorial Field Read More »
TARRYTOWN, NY – New “hold-harmless” insurance protection coverage for CIC employers is accelerating the pathway for young drivers to acquire the skills they need to operate construction dump trucks and other specialty vehicles. The goal is to help satisfy the growing demand for qualified and fully trained drivers of construction equipment.
