When we last left the New York auto dealers and their fight against Tesla Motors, there scene was an uneasy ceasefire. The New York State Assembly and its backers from the Greater New York Automobile Dealers Association said last summer that they would allow the three currently operating Tesla stores to continue operating but would pick up the issue again when the legislature reconvened in early 2014. Well, guess what? That time has come a new bill is being promoted that tries once again to stop
The state of New York announced on Monday it will be instituting so-called texting zones for drivers who just cannot wait to send an LOL or emoji to their BFF. There will be 91 zones at first, all of which will take advantage of existing rest areas, in a trial program instituted by New York Governor Andrew Cuomo (pictured above), as part of his continuing efforts to reduce the number of distracted drivers on the state's roads. "New York State is continuing to use every tool at its disposal to co
New York Governor Andrew M. Cuomo has big plans for the Jacob K. Javits Center. The politician recently announced plans to tear down the convention hall to make way for housing, hotels and museums. The remainder of the land would then be leased to developers as an additional source of income for the state. That comes as a shock to architect Bruce S. Fowle, who has been renovating the structure for the past six years, working to turn the 25-year-old structure into a brighter space with a smaller
New York Attorney General Andrew Cuomo has announced that his office settled with former White House Task Force "Car Czar" Stephen L. Rattner for $10 million. The agreement comes following charges that Rattner engaged in a kickback scheme involving New York's pension funds while he was an executive with Quadrangle Group.
According to Reuters, the Securities and Exchange Commission is set to settle with the former head of the Obama Administration's auto task force, Steven Rattner. Earlier this year, the SEC charged Rattner with participating in a pay-to-play pension program, but the commission is expected to announce today that the former car czar has agreed to pay a fine of more than $5 million and accept a multi-year ban from the securities industry.