Ilya Marritz

In the last quarter of 2012, two contrary forces played on Manhattan's commercial real estate market. The threat of the "fiscal cliff" caused a spike in sales of office buildings, while Sandy's floodwaters put dozens of downtown office buildings out of commission, raising questions about the neighborhood's future.

Shortly after Sandy hit, Insurance Auto Auctions leased the two runways at Calverton Airpark, on Eastern Long Island. Tens of thousands of cars are now collecting at the airport, while they await auction.

As 2013 begins, you can expect to pay more taxes as a result of the deal Congress reached on New Year's Day. But not everyone's taxes go up equally, and different regions of the country are affected different ways.

A raft of new laws take effect January 1 in New York State, addressing a range of issues from business contracts to the health care system.

After years of shrinking tax revenues and yawning budget gaps, New York City's finances have improved significantly, according to a report from the city's Independent Budget Office.

The General Store in Newtown, Connecticut, is playing a central role following the mass school shooting last week.

On Monday, the first funerals for the victims of the Sandy Hook school shooting took place. Two six year olds, Noah Pozner and Jack Pinto, were laid to rest.

Rents on Manhattan apartments continue to rise, but at a slower rate than earlier in the year.

As unsalvageable, flood-damaged cars get hauled off the streets, they have to go somewhere. Recyclers are now beginning to report an uptick in business due to Sandy.

With Hanukkah already underway, and Christmas just 17 days away, the streets of Manhattan are filling with shoppers.

Some New Yorkers say their cars are being towed from Sandy-affected areas without warning, and the city confirms, it’s true.

Sandy wrecked hundreds of thousands of cars along the New York and New Jersey shorelines and could cost insurers an estimated $800 million, according to the Insurance Information Institute.

Every time there's a storm that damages large numbers of cars, that’s an opportunity for unscrupulous dealers to try to re-sell damaged vehicles.

WNYC Reporters Arun Venugopal and Ilya Marritz discuss new U.S.-census numbers out about median income and migration into New York City.

More: Arun's Report on New New Yorkers | Ilya's Report on Median Income

New Yorkers will face a $43 billion tax hike next year if Washington does nothing to avert the so-called fiscal cliff, according to state Comptroller Tom DiNapoli, who calls the planned tax hikes and spending cuts an "anti-stimulus" for the state's economy.

New numbers from the federal government show how incomes vary across New York and New Jersey.

New Yorkers will face a 43 billion dollar tax hike next year if Washington does nothing to avert the so-called fiscal cliff.

One month after Sandy, business is still very much disrupted in downtown Manhattan.

For the first time in its history, Nathan's Famous on Coney Island will be closed this winter.

A consumer group is warning that some people whose homes were damaged or destroyed as a result of Sandy may be denied coverage.