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News releases from New York Business Journal

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Hudson opens first airport store with Amazon’s Just Walk Out technology
The Hudson Nonstop concept will launch at additional airports across North America this year. 
Tags Retail Chains Retailing Brian Quinn
From Business Journals
Co-branded Dippin’ Dots, Doc Popcorn shop to open in NYC's Flatiron District
The dual-concept store aims to let New Yorkers satisfy both sweet and savory snack cravings. 
Tags Neil Hershman Retail Chains Dippin Dots Inc/
From Business Journals
Closings commence on Extell's Central Park Tower's luxury condos
Closings have commenced on the 179 two-to-eight-bedroom residences that begin on the 32nd floor of the building and range in size from 1,435 square feet to more 17,500 square feet. 
Tags Gary Barnett Residential Real Estate Extell Development Company
From Business Journals
New York's REDC competition is back on for 2021
In past years, the program has allocated around $750 million annually for economic development projects across the state. But it skipped last year because of the pandemic. 
Tags Government & Regulations Eric Gertler Economic Incentives
From Business Journals
WeWork co-founder Neumann nearing settlement with SoftBank
SoftBank could pay nearly $500 million to purchase shares from Neumann. 
Tags Human Resources Career & Workplace Adam Neumann
From Business Journals
New five-star Hotel Barriere Le Fouquet planned for New York's Tribeca
The hotel is scheduled to open next year and will encompass 96 guest rooms and suites. 
Tags Joshua Caspi Hotels & Lodging Lehrer Cumming
From Business Journals
Two months after raising $65 million, Public.com raises $220 million in funding
Past celebrity investors in the company include "Entourage" star Adrian Grenier, model Iskra Lawrence, skateboarder Tony Hawk, the electronic DJ duo The Chainsmokers, and NFL star J.J. Watt. 
Tags Jannick Malling Technology Venture capital
From Business Journals
JetBlue launches new service to Miami and Key West, Florida
JetBlue now operates daily nonstop service between Miami and JFK, Newark, Boston and LAX. 
Tags JetBlue Airways Corporation Travel & Tourism Aviation
From Business Journals
Capitalize, which helps find retirement assets, raises $12.5 million
The New York City-based company said it has processed nearly $10 million of 401K rollovers for Americans across the country. 
Tags Gaurav Sharma Technology
From Business Journals
PVH Corp. hires Urban Outfitters’ executive to head Americas unit
Donnelly will be responsible for the Calvin Klein, Tommy Hilfiger and Heritage Brands businesses in the Americas. 
Tags Pvh Corp/ Steven Alan Trish Donnelly
From Business Journals
David Energy secures $19M in funds to supply electricity to the Northeast
The new capital includes a $4.1 million seed round led by Equal Ventures and a $15 million working capital facility from Hartree Partners. 
Tags Startups Rick Zullo Kiran Bhatraju
From Business Journals
Lottery ticket app Jackpocket raises $50 million in Series C funding
Company officials said the latest funding will allow it to "fuel new growth marketing campaigns and a series of new additions to the Jackpocket team to support aggressive expansion." 
Tags Venture capital Peter Sullivan Technology
From Business Journals
U.S. mortgage rates again tick down near record low
The 30-year fixed mortgage rate averaged 2.73% for the week ending Jan. 28 — down from 2.77% last week. 
Tags Sam Khater Federal Home Loan Mortgage Corp/ / Freddie Mac Dayton Realtors
From Business Journals
NYC investment firm exec pleads guilty in $100M Ponzi scheme
David Hu, 63, of West Orange, New Jersey, pleaded guilty to investment adviser fraud, securities fraud, and wire fraud offenses. 
Tags Charles Samel David Hu Audrey Strauss
From Business Journals
Cloud data backup startup OwnBackup raises $167.5 million in Series D funding
The Englewood Cliffs, New Jersey company said it's now raised a total of more than $267 million. 
Tags OwnBackup Sam Gutman Startups
From Business Journals
Business payroll company Check raises $35 million in Series B funding
The New York City-based company said the funding came from Stripe and Thrive Capital. 
Tags Andrew Brown Startups Technology
From Business Journals
Hospitality industry tech startup Bbot raises $4 million
With this latest seed extension round, the company's total funding is now $7.3 million. 
Tags Technology Retailing & Restaurants Food & Lifestyle
From Business Journals
Stern-designed Upper East Side condos go on sale
Developers Midwood Investment & Development and EJS Group said the units will be available for move-in this summer. 
Tags Residential Real Estate
From Business Journals
Port Authority leaders lay out plans to redevelop Midtown bus terminal
The leaders of the Port Authority of New York and New Jersey laid out their plans to tear down the existing Midtown bus terminal and build a new transit hub on the same site. The plans include... 
Tags Andrew Cuomo Construction Rick Cotton
From Business Journals
Ex-Bloomberg construction exec sentenced to 38 months in bribery scheme
Anthony Guzzone, 51, of Middletown, New Jersey was sentenced for evading taxes on more than $1.45 million in bribes he received from building sub-contractors. 
Tags Michael Campana Vito Nigro Government & Regulations
From Business Journals
Pitney Bowes hires GE Capital’s Ana Maria Chadwick as new CFO
Joseph Catapano, who was interim CFO, will return to his position as chief accounting officer. 
Tags GE Capital Pitney Bowes Joseph Catapano
From Business Journals
Health app K Health raises $132 million in Series E funding
The New York City-based company said the round was led by GGV Capital and Valor Equity Partners. 
Tags Health Care Technology Startups
From Business Journals
Emergency response assistance company Carbyne raises $25 million
Carbyne said it now serves more than 70 governments worldwide and its services are available to more than 400 million people. 
Tags David Paulison Michael Chertoff Kirstjen Nielsen
From Business Journals
New York state will issue RFPs as part of massive renewable-energy push, Gov. Cuomo says
Gov. Cuomo outlined the state's green-economy agenda on Wednesday. 
Tags Renewable Energy Energy Coronavirus
From Business Journals
Former CEO of MG Capital Management charged with securities fraud
Eric Malley, 50, of New Canaan, Connecticut, the founder and former CEO of MG Capital Management of New York, was charged with securities fraud and wire fraud. 
Tags Audrey Strauss Eric Malley Government & Regulations
From Business Journals
JetBlue's new 140-seat Airbus 220 will take to the air this spring (PHOTOS)
The A220 will ultimately replace JetBlue's existing fleet of 60 Embraer 190 aircraft. 
Tags JetBlue Airways Corporation JetBlue Airways Corp/ Airbus
From Business Journals
Gov. Cuomo proposes expanding High Line to connect with renovated Moynihan Train Hall
Manhattan's High Line elevated park would be extended to connect with the newly renovated Moynihan Train Hall under a proposal put forward by Gov. Andrew Cuomo. 
Tags Brookfield Properties Travel & Tourism Andrew Cuomo
From Business Journals
U.S. mortgage rates start year with new record low
The 30-year fixed mortgage rate averaged 2.65% for the week ending Jan. 7 — down slightly from 2.67% last week. 
Tags Sam Khater Federal Home Loan Mortgage Corp/ / Freddie Mac Dayton Realtors
From Business Journals
Mack-Cali sells two apartment assets for $424 million
The Jersey City real estate investment trust sold its interests in Riverwatch Commons in New Brunswick, New Jersey, and Crystal House Apartments in Arlington, Virginia, for a total of $424 million. 
Tags Residential Real Estate Mack/Cali Realty Corporation
From Business Journals
American Express launches new card benefits to spur spending
Platinum card members can receive up to $180 in credits for purchases made through PayPal, and up to $1,700 in credits with merchants ranging from Avis Car Rental, Best Buy, Home Depot and other... 
Tags Banking & Financial Services Coronavirus American Express Company
From Business Journals
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