Nicholas Wells
Crain's New York Business
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Desired area codes
State regulators were alerted that phone numbers with the 646 area code will be exhausted by the end of 2017. New York City has six area codes—two dedicated to Manhattan—but for many, 212 is the status symbol. → Read More
Forget working 9-to-5
New Yorkers work hard and have long commutes. Between the rat race and the workday, five-borough residents spend more time on their jobs than the rest of the nation, according to a city comptroller report. → Read More
Wall Street bonuses are back
The Wall Street bonus pool last year rose significantly over 2013, according to the state comptroller. Despite lower profits at big banks, workers have been cashing in on grants of stock issued during the financial crisis. → Read More
Stocking up on the Nasdaq
The Nasdaq reached 4927 last week, a stone's throw from its 5049 record, set during the dot-com boom in 2000. The index surged more than 109% the year before its peak, but has grown a modest (by comparison) 15% in the past 12 months. → Read More
Sign of the Times ... and Daily News
Digital subscription growth offset advertising declines at The New York Times Co. Last year, the company earned $169 million from 910,000 digital subscribers, boosting revenue by $10 million over 2013. → Read More
Stats and the City Stormy forecast
By 2050, expect sea levels and air temperatures to rise by as much as 21 inches and 5.7 degrees, respectively. Last week, the mayor released a report outlining ways to make the city more resilient and sustainable. → Read More
Trash talk
New York City produces nearly 8 million tons of garbage each year, half of which is collected by the city and half by private companies. A lot of money is spent on carting waste so it doesn't stink up the city. → Read More
Aging Empire State
A study last week concluded that New York is the worst state in the country to retire in. The Big Apple's cost of living and above-average violent crime pushed the whole state to last on the list. → Read More
New York vs. Texas
On a trip through New York last week, Texas Gov. Rick Perry challenged Gov. Andrew Cuomo to a debate over the business climate of each state. Mr. Cuomo declined the invitation, but told Crain's that his tax-free Start-Up zones have attracted the → Read More
New York vs. Texas
On a trip through New York last week, Texas Gov. Rick Perry challenged Gov. Andrew Cuomo to a debate over the business climate of each state. Mr. Cuomo declined the invitation, but told Crain's that his tax-free Start-Up zones have attracted the → Read More
Loan climate improves for small biz
Total value in New York hit $772 million last year, up from $723 million. → Read More
Recruiters get busy as economy rebounds
New York-area executive recruiting firms enjoyed a strong 2013. → Read More
Woof! Prized pooch
The Westminster Kennel Club awarded the 107th Best in Show award to a wire-hair fox terrier named Sky. It was the 14th time the breed has won—more than any other. → Read More
Parade mania
Mayor Bill de Blasio will not be marching in the St. Patrick's Day Parade because of its exclusion of gay and lesbian groups. It's the first time since 1993 that a mayor will not participate in the event. → Read More
M&A market heats up
New York area companies show signs of life. → Read More
Stats and the City Ferry tales
Mayor Bill de Blasio announced that Rockaway ferry service to lower Manhattan would be extended through May. The service has carried 200,000 Queens residents since it launched in November 2012. → Read More
Stats and the City Underworld
A water-main break flooded streets in Greenwich Village, and a 10-year-old boy fell into a manhole in Borough Park, Brooklyn—reminders that there's a lot going on under our feet. → Read More