Monday, December 10th, 2007
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The city’s rising cost of real estate and gentrification have forced some well-known music clubs to go silent. The Bottom Line, Wetlands, Fez, Tonic, and Sine-e are now gone. Mo Pitkins is the music scene’s latest casualty. While venues come and go, bands are always able to find new places to play. And, from jazz to rumba to rock and roll, there’s always an audience in New York City. (more…)
Monday, December 3rd, 2007
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According to a new study by PricewaterhouseCoopers and the Washington, DC-based Urban Land Institute, New York City ranks as the top domestic market to watch in 2008 because of its strength. Although the city continues to have one of the tightest real estate markets in the country, some neighborhoods, such as Jamaica, Queens are being hit hard with foreclosures. (more…)
Monday, November 19th, 2007
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Over the next twenty years, the city predicts that one in every five New Yorkers will be 60 or older. This will be the first time in the city’s history that older New Yorkers will outnumber school age children. As New Yorkers are aging their lifestyles are changing. Online social networking and blogging are creating new internet neighborhoods.
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Monday, November 12th, 2007
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The US dollar has steadily depreciated against major currencies in the last five years. Recently, the decline has been even sharper. In early November, the US dollar hit its lowest level against the euro since that currency’s debut in 1999. The value of the British pound is the highest its been to the US dollar in 26 years.
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