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New York Business Journal
Country club waitlists are surging. What about initiation fees?
Country clubs that made it through the leaner years of the Great Recession and the turmoil of the Covid-19 pandemic are expected to see blue skies in 2024 and beyond — and that means waitlists at well-situated clubs will likely remain robust. <\p> Right now, indicators are showing clubs are largely in the driver's seat in 2024 with increased demand and limited supply, according to Chris Davis, a director at Club Benchmarking, which uses club data and evaluations to help them plan for their capital needs.<\p>
These are America's wealthiest colleges and universities
Endowments at the 100 wealthiest colleges in America fell by an average of 3.3% between 2021 and 2022, but they rose an average of 35% since 2019. <\p> That’s according to a recent Business Journals analysis of data from the U.S. Department of Education.<\p>
Why New York City developer Brad Zackson is betting on University Heights
Brad Zackson is working on two projects in the Bronx’s University Heights neighborhood that aim to activate the Harlem River waterfront and make it once again a destination for New Yorkers.
New York City aims to add 267,000 'green-collar' jobs by 2040
The Green Economy Action Plan aims to combat the climate crisis, create good paying jobs and establish New York City as a global destination for green technology, innovation and opportunity.
More companies are offering unlimited vacation, but there are some critical pitfalls to avoid
Unlimited vacation policies can boost morale, give companies an edge in recruiting and help them save money, but there are some common missteps employers need to avoid when making the switch.
Avison Young reaches deal to restructure financial obligations
Avison Young, which has a significant presence in several major U.S. metro areas, has inked a deal to restructure its debt — a move prompted by the higher-interest-rate environment and the subsequent reduction of liquidity across the commercial real estate industry.
Lacoste USA moves its New York City office
The Madison Avenue space will serve as Lacoste's flagship New York City office. Women's apparel company expands office footprint in Midtown South. Architecture firm Grimshaw moving office to Madison Ave. Flexible workspace company grabs full floor of office space in NYC.
JetBlue launches flights from JFK to Washington, D.C.
JetBlue will offer three nonstop flights daily between JFK and DCA. Wheels Up picks Delta Air Lines board member as next CEO. Why United Airlines exec finds weaker outlooks from rivals 'shocking'. JetBlue plans to transfer part of Spirit holdings to discount airline.
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