NY fight over Astor’s estate ends; millions freed
Mar 28th
The long dispute over the estate of socialite philanthropist Brooke Astor ended Wednesday with a settlement that frees $100 million for charities and cuts by more than half the amount going to the son convicted of bilking her.
The agreement among Astor’s descendants and the New York institutions she loved ended a five-year legal fight that the judge feared would consume the entire estate. Westchester County Surrogate Judge Anthony Scarpino signed the agreement Wednesday afternoon. State Attorney General Eric Schneiderman announced the details.
N.Y. Jets’ Tim Tebow gets Jeremy Lin treatment
Mar 27th
Imagine “Linsanity” but with an NFL player. Quarterback Tim Tebow, the New York Jets newest acquisition, has the potential to bring that type of excitement to one of the cities NFL teams. More >
NY deal will fund last 3 years of MTA capital plan
Mar 26th
New York Gov. Andrew Cuomo has brokered a deal with legislative leaders to fully fund the last three years of the Metropolitan Transportation Authority’s five-year capital plan, a person familiar with the agreement said Monday.
The deal, reached Sunday night, provides $13.1 billion for four massive projects now under way: the Second Avenue subway, the Eastside Access for the Long Island Rail Road, the Fulton Street Transit Center and the extension of No. 7 subway line to the far West Side, according to the person who spoke to The Associated Press on the condition of anonymity because the plan hasn’t been formally announced.
NY eyes $18 bln of Medicaid savings to be split with U.S.
Mar 23rd
New York plans to overhaul the nation’s most expensive Medicaid health care system to save $18.3 billion over five years, and will ask the federal government for half of those savings, a state health department official said on Friday. More >
Tim Tebow lands in New York after some ‘Jet lag’
Mar 22nd
Tebowmania’s headed to New York, and the drama has already started for Jets fans. It began the moment the Jets pulled off the deal for the Broncos quarterback. Or thought they did. More >
Tebow Joins Jets in Trade From Broncos
Mar 21st
The New York Jets acquired Tim Tebow from the Denver Broncos, adding a quarterback who created a national stir with his comeback play and religious profile to a team rocked by an on-field collapse and locker-room squabbles. More >
NY Times Co. Said to Focus on External CEO
Mar 20th
New York Times Co., which hired executive-recruiting firm Spencer Stuart to conduct a search for a new CEO, is focusing on external candidates, according to a person with direct knowledge of the situation.
The company is looking outside its own ranks to find a successor to Janet Robinson, who was pushed out in December, though it hasn’t made a final decision, said the person, who declined to be identified because the matter is private. Times Co. also has internal candidates, the person said.
More NY high schoolers making the grade
Mar 19th
New York has made among the nation’s biggest gains in graduating high school students, according to a study released Sunday by an education advocacy coalition.
The state is one of only two that have posted double-digit increases in graduation rates in recent years, going from 60.5% in 2002, about 12% below the national average at the time, to a 73.5% graduation rate in 2009, according to the report by Civic Enterprises.
NY man snapped self planting locker room cam
Mar 16th
NY police say a college employee inadvertently photographed himself planting a motion-activated camera in a women’s locker room at Rensselaer Polytechnic Institute.
They tell local media that 56-year-old Thomas McMartin, of Hoosick Falls, was arrested Friday and pleaded not guilty to felony charges of unlawful surveillance and burglary. McMartin declined to comment. The college says he was fired from his job as a heating and cooling supervisor and barred from the upstate New York campus soon after the camera was found.
NY City to be paid $500 mln in SAIC fraud case
Mar 14th
New York City will be paid more than $500 million by computer contractor SAIC in a
fraud case related to the company’s work for the city, officials
said on Wednesday. More >





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