Entries from Gothamist tagged with 'Market'
September 23, 2008
Photo via A Fine Blog. Something was lost in translation when a Turkish shop owner went to name his market on 84th and York Avenue. A Fine Blog reports that "he believed that it was something positive that he was saying...like 'not bad.'" U Don't Know Nothing Produce is a much more inspired name than Not Bad Produce, however, so maybe this was a happy accident after all.......
Continue Reading "Market Name Mixup!"September 15, 2008
The Dow Jones industrial average lost over 500 points today, the biggest one-day decline for the Dow since Sept. 17, 2001, when the market reopened for trading after the 9/11 terrorist attacks. "You have to throw out the history books because there's really nothing to compare this to," Jim Dunigan, chief investment officer at PNC Advisors, tells CNN. Stephen Leeb, president at Leeb Capital Management, says, "People are panicked but it's not the end of......
Continue Reading "Worst Day on Wall Street Since 9/11!"September 15, 2008
Reuters/NY Times In the first ten minutes of trading this morning, the Dow Jones industrial average dropped more than 300 points, while the major European stock exchanges sank more than 4 percent, the Times is reporting. What color is your parachute? The nosedive is the unsurprising result of several days of increasingly bad news from investment bank Lehman Brothers, which announced its bankruptcy filing after 158 years in business. Today is the first day of......
Continue Reading "Black(ish) Monday '08 Begins with Plummeting Stocks"June 28, 2008
Let’s not let the bitter turf war between the Fancy Food Show and the Unfancy Food Show eclipse the other fine food event going down this weekend. Sunday marks the third seasonal New Amsterdam Public market – the winter version was a big hit last December, drawing thousands despite a huge snowstorm. The one day-only event draws fine artisanal food vendors to the plaza fronting the New Market Building down by the South Street Seaport.......
Continue Reading "New Amsterdam Public Market Gets Fresh Tomorrow"May 7, 2008
For decades, residents of low-income neighborhoods under-served by supermarket chains have been getting their hands on produce the old fashioned way: By growing it in their own gardens. In recent years, outer-borough farmers have taken urban agriculture a step further by selling their mostly organic haul at well-organized community markets. An article in the Times Dining & Wine section notes that the trend is proving to be healthy and lucrative. Groups such as GreenThumb and......
Continue Reading "More Urban Farmers Becoming Urban Entrepreneurs "January 16, 2008
New York City's Department of Finance is projecting that real estate values in the city will remain nearly flat this fiscal (ending September) year. More precisely, it expects only a 1.4% increase in property values, versus an 18% climb this past year. It will be the slowest increment of growth since Mayor Bloomberg took office in 2002, during a real estate boom that enabled budget surpluses, tax cuts, and astounding growth in city spending. The......
Continue Reading "Real Estate Values Stagnate, Citigroup and Markets Stumble"
