Plus, Helbiz has launched on-demand taxi services and fundraising news from three NYC startups.

NYCEDC’s LifeSci NYC Initiative is awarding funds to both the City College of New York and the Mount Sinai Health System.

According to Pietro Simone Skincare's website, the mission is “to bring the world our skincare and spa performance treatments synonymous with the quality of being made in Italy.”. THIS ARTICLE IS FOR SUBSCRIBERS ONLY. Continue reading with your subscription. Access 4 weeks of business news and insights.

He along with other defendants face up to 20 years in jail for their roles in the scheme.

CVS Corp. is waging a legal battle with dozens of insurance companies that claim they are not responsible for paying for settlements or judgments in opioid lawsuits where the pharmacy giant is named as a defendant. THIS ARTICLE IS FOR SUBSCRIBERS ONLY. Continue reading with your subscription. Access 4 weeks...

Blick Art Materials previously occupied the space for 10 years and paid $1 million in annual rent.

Moody’s Kevin Fagan, the report’s author, tells New York Business Journal that office owners might find something to like in workers spending less time in the office.

Less than six months after its founding, tech startup ImIn,Inc. (ImIn) has closed $1 million in seed funding to launch the company’s answer to one of the most pervasive issues of today’s workforce: absenteeism. With the newly secured funding, ImIn will scale and automate its on-demand employee scheduling app, which has been in its beta stage since June 2021. The app allows workers, particularly those in hourly, wage positions, to have full control of their work schedules while also earning rewards and incentives. Companies can, in turn, fill scheduling gaps by sending out push notifications to their talent pool. “The world and how we do things is changing quickly and ImIn is helping organizations keep up by reimagining the way we work,” said ImIn’s founder and CEO Lauren Wilson. “Through our app, employees are now in control of their lives and careers and can choose when and how they want to work without impacting their employer’s bottom line.” Collab Capital Says “I’m In” The seed funding round was led by Collab Capital, an early-stage investment fund focused on start-ups led by Black founders, like Wilson, who at 28 years old, joins a distinguished group. In addition to securing funding from Collab Capital’s inaugural $50 million fund, she also represents the fastest growing entrepreneurial segment: Black women. Within that, however, Wilson is a part of the less than 0.0006% of companies led by Black women who receive venture capital financing annually in the U.S., according to a study released by The Institute for Gender and the Economy (GATE) at the Rotman School of Management. This translates to less than 0.27% of all venture dollars distributed in the U.S., amplifying the significance of Collab Capital’s investment. “Lauren Wilson possesses a wealth of experience and keen insight into emerging workplace trends, empowering her to innovate the future of work with unique approaches to common pain points for employers and employees,” said Jewel Burks Solomon, managing partner at Collab Capital. “We believe ImIn will improve the way businesses ensure shift coverage and staffing while enabling individuals to plan work around their lives.” Solving an Industry-Wide Challenge Wilson’s idea for ImIn started while working for her father’s enterprise, Chime Solutions, a high-volume call center business, also based in metro Atlanta. After graduating from the University of Georgia, Wilson stepped into the role of Chime’s chief of staff, overseeing the company’s workforce, which supports Fortune 500 brands. It was in this role, over her seven-year tenure, that she identified the missed opportunities for both businesses and employees as a result of a common, yet widely accepted industry challenge: absenteeism. According to a 2017 U.S. Department of Labor (DOL) report, an estimated three percent of an employer's workforce was absent on any given day. Wilson estimates that number being even higher today, exacerbated in recent years by the COVID-19 pandemic. Per Wilson, absenteeism can translate to upwards of $1 million monthly in lost revenue. Democratizing the Workplace In response to this challenge, Wilson’s platform provides flexibility by allowing employees to join and work based on the hours that work best for their schedules. In addition to providing flexibility for the full-time employee, ImIn also has the ability to offer hours to a pool of on-demand staff, which helps fill gaps in hours and ultimately minimize a company’s revenue lost on a daily basis. For employees, the application is a win-win because it supports work-life balance while also helping them maintain their employment and consistent income. “There are members of our workforce who make tough decisions daily between attending to a personal matter and earning a paycheck,” said Wilson, who believes static work shifts and 40-hour schedules should be a thing of the past. “It was heartbreaking to talk to mothers, for example, who felt torn choosing between caring for her sick child or making a day’s wage.” These experiences led to the development of ImIn, which Wilson was able to pilot within Chime and with much success. To date, five companies and their more than 600 users are on her platform, which has proven to increase revenue and decrease attrition for the companies and provide flexibility for the employees. “I believe ImIn will prove to be a win-win for all involved,” said Wilson. “We have the opportunity to democratize work for some of our workforce’s most vulnerable as well as the up-and-coming generation who are prioritizing quality of life when making job and career decisions. We can do this while also providing more stability, higher profit margins and hopefully a greater level of service and optimization for the companies we support.”

A crypto currency fund is among the latest to join technology and financial services companies in the Flatiron District.

One notable early investor in Oula is Chelsea Clinton, who invested in the startup in 2020 with her venture capital firm Metrodora Ventures.

The 25,000-square-foot mixed-use lease was signed for the Alexandria Center for Life Science at 430 East 29th Street.

Around 40 years ago, when Rick Dudley quit as a brand marketer to enter sports marketing, his boss at Richardson-Vicks admonished him for “throwing his career away.”. Having since worked in senior marketing jobs at three of the biggest stick-and-ball leagues during their most expansive growth periods, and spent the past 20 years running Octagon, the largest sports agency, it’s apparent that Dudley’s instincts were unusually incisive, even at a time when most people thought sports marketing meant filling your cart at Modell’s or Herman’s.

The restaurant will open Thursday.

The NHL has a new jersey patch sponsorship program in place for the 2022-23 season.

A non-profit and a law firm are the latest tenants to ink deals at the 1.2 million square foot office tower in Lower Manhattan.

Juliana Whitney, a cannabis consultant with New York-based clients, has advice for retail cannabis business owners.

A new Italian restaurant that wants to transport customers back to Italy has just opened in the West Village. Find out what makes this restaurant feel like Italy.

The 1,000-square-foot pop-up at the corner of Elizabeth and Spring Streets opened Monday and will be open until November 28.

The in-store shops are set to begin this month and roll out through Oct. 15.

The deadline to nominate candidates for this year's New York Business Journal Women of Influence program is almost here. Between now and July 31, the New York Business Journal will continue to accept nominations for this year's program, which honors women business leaders who innovate, succeed and pay it forward. Thanks to those of you who've already submitted nominees for consideration. It's an impressive group.