Sure Mongolia is a sparsely populated nation with a GDP just over 25% of what Wall St. alone pays out in bonuses, but this is New York City; and you gotta pay what you owe. So said a U.S. District Court judge Friday, when he ruled that India, Mongolia, and the Phillipines owed New York City tens of millions of dollars in back taxes. Generally consulates, missions, and embassies operate under the convention that they......

But a schedule does not mean things will happen the right way. NY State officials and the private developers have agreed to project's schedule, which means construction will start this fall, in anticipation of a 2012 opening. However, not all the i's are dotted, as there still needs to be formal approval from Albany. And then there's that whole thing about whether or not Madison Square Garden will move in the Farley Post Office space......

As if sending a disproportionate amount of money to the Federal Government's coffers weren't enough, New Yorkers could get screwed again. That's if a proposed tax plan by the Bush Administration goes through. As much as $37 billion worth of deductions that New York residents take for local and state taxes would be eliminated under the plan. The New York Times reports that 38% of New Yorkers take some federal deduction for their state and......