Remote Work Means Pay Cuts for White Collar Workers in NYC

Companies in America’s costliest cities are paying at least 40% more for most white-collar jobs than the average wage in other U.S. regions, according to Upwork, a global freelancing platform. But the remote-work trend, accelerated by Covid-19, is likely to change that and potentially reshape the economy in the process, Upwork economist Adam Ozimek wrote in a report released Thursday. […]

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NYC Rental Market Pushed to Breaking Point by Tenant Debts

LISTEN TO ARTICLE SHARE THIS ARTICLE Covid-19 is pushing New York City’s affordable housing crisis to a breaking point. Look at 25-year-old Jessica Lee and her husband, who needed four roommates to afford their $4,000-a-month four-bedroom apartment in Brooklyn’s hip Bedford-Stuyvesant neighborhood, a relative bargain in the Big Apple. Now her husband and everyone else in the house have all […]

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NYC Delays Indoor Dining With Virus Cases Soaring Elsewhere

New York City will delay the return of indoor dining, which had been planned for July 6, as other states experience a spike in Covid-19 cases after reopening their restaurants and bars, Mayor Bill de Blasio said Wednesday. The decision was made with the state, he said. “It is not the time to forge ahead with indoor dining,” de Blasio […]

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NYC’s MTA Chief Says Agency Set to Run Out Of Cash by August

New York’s Metropolitan Transportation Authority will run out of money in August if the U.S. Senate does not approve the economic stimulus measure that would provide about $3.9 billion to the agency, Chairman Patrick Foye said. “We’re in a dire financial situation,” Foye said during a Bloomberg Television interview Monday, as the city prepared to enter a second phase of […]

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Fresh Trouble as New York Imposes Curfew Amid Floyd Protests

In this article New York (AP) — New York City imposed an 11 p.m. curfew Monday as the nation’s biggest city tried to prevent another night of destruction amid protests over George Floyd’s death. With an 11 p.m. to 5 a.m. curfew, New York joined other cities around the country in imposing such measures after days of unrest. The limit […]

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Cuomo Says Protests Should Spark U.S. Ban on Excessive Force

Protests across the U.S. over the death of George Floyd should spark a national ban on excessive force by police officers, New York Governor Andrew Cuomo said. The Democratic governor said he will be talking to Mayor Bill de Blasio about a potential curfew in New York City, where there were reports of looting and some “disturbing” videos of police […]

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