Ilya Marritz

New York, NY —

Mayor Michael Bloomberg presents his 2009 budget today. WNYC's Ilya Marritz has a preview.

The executive budget presentation marks the last act of the city government's yearly kabuki over spending.

In anticipation of weaker tax revenues, the mayor has already asked all agencies to cut their spending ...

New York, NY —

Cablevision and Time Warner may no longer be the only 'show' in town. The city has announced a deal allowing telecommunications giant Verizon to bring its high speed FiOS network to New York City.

REPORTER: The Deputy Mayor for Economic Development, Robert Lieber, said a new ...

New York, NY —

Entergy, the owner of the Indian Point nuclear power plant, is holding a public meeting on the safety of its facility, hosted by a panel of its own experts. Dr. Neil Todreas, the panel's co-chair, said he is confident his team can do an independent ...

New York, NY —

Supporters of Sean Bell held another rally Sunday at the Harlem headquarters of the Reverend Al Sharpton's National Action Network.

REPORTER: Protestors want the US justice department to bring a federal civil rights case against the three NYPD detectives who've been acquitted of all charges in ...

New York, NY —

With a jumbo pair of scissors and a big round of applause, Dr. Muhammad Yunus officially opened Grameen America in Jackson Heights Friday. It's the first American branch of Grameen Bank of Bangladesh.

REPORTER: More than three decades ago, Dr. Yunus got the bank started by ...

New York, NY —

Governor Jon Corzine unveiled a lengthy new energy plan for New Jersey that seeks to balance environmental and economic concerns. WNYC's Ilya Marritz has more.

REPORTER: The 15-year forecast calls for more investment in renewables, new gas pipelines to Long Island, and, controversially, giving consideration to ...

New York, NY —

During his visit to New York, Pope Benedict has been greeted by cheering crowds. Another sound associated with papal visits is that of ringing cash registers, as the faithful and tourists shell out for pope paraphernalia. Studies of papal visits past suggest that when a ...

New York, NY —

Regulations for locally chartered banks have been streamlined. New York, New Jersey and Pennsylvania will now honor each other's banking charters.

This means New York-based banks are free to open branches in New Jersey and Pennsylvania, without having to answer to each state's regulators.

New York's ...

New York, NY —

Cablevision and Time Warner are the city's only two cable television franchise holders - but that could soon change.

Cable contracts must be reviewed every decade and the current franchise period ends this October.

Today, the city begins accepting new proposals for citywide cable contracts.

Verizon is ...

New York, NY —

Half of New Yorkers affected by the mortgage crisis aren't owners but renters. That's the finding of a new NYU study. WNYC's Ilya Marritz has more.

When a property is foreclosed, a bank takes possession, and puts the building up for auction. If it's a building ...

New York, NY —

The corporation that owns the Indian Point nuclear power station north of New York City should not be allowed to spin it off into a new company. That's the view of state Attorney General Andrew Cuomo. WNYC's Ilya Marritz has more.

REPORTER: Indian Point's owner is ...

New York, NY —

LIPA, the Long Island Power Authority, is planning a big investment in alternative energy.

In what could become the biggest solar project in the state, the utility will seek proposals for harnessing the sun's rays.

LIPA's president, Kevin Law, says it'll be up to the private ...

New York, NY —

Last winter, some residents of Sullivan County in upstate New York were surprised to receive mailers from companies that wanted to drill for natural gas on their land. Soon, cafes and gas stations were buzzing with talk that you could get rich off of gas ...

New York, NY —

The average cost of a Manhattan apartment is now close to $1.7 million.

Quarterly data released by New York's big brokers show an increase in the sale price of condos and co-ops by an average of around 20% over the same period last year.

Sale prices rose ...

New York, NY —

It might surprise some people that a bank from a developing country would open a branch in New York City.

Many people first learned about Bangladesh’s Grameen Bank when the bank and its founder, Muhammad Yunus, won the Nobel Peace Prize in 2006.

Late last year, Grameen ...

New York, NY —

The 10th annual Armory Art Show kicked off yesterday in Pier 94 on Manhattan’s West Side. In just one decade, the show has transformed from a small and strictly hometown happening to a major emporium on the international art circuit. WNYC’s Ilya Marritz has the ...

New York, NY —

Every year, young people flock to New York to pursue a life in the arts. In 2007 a young woman named Emily Driscoll came to Brooklyn to start an art gallery. While her time in New York was unexpectedly cut short, she left a lasting ...

New York, NY —

Gov. David Paterson has written a check to his own campaign fund for $253 in an effort to clear up questions about spending when he was a state senator. WNYC's Ilya Marritz has more.

Ever since Gov. Paterson revealed he had more than one extramarital affair ...

New York, NY —

Mayor Michael Bloomberg is out stumping for his congestion pricing plan again today.

Speaking in Throgs Neck, he touted the new BXM-19 bus route; one of three that he says would whisk riders from the Bronx to Manhattan. The mayor says he needs state and city ...

New York, NY —

The abrupt acquisition of the investment house Bear Stearns by JP Morgan has New Yorkers paying close attention to Wall Street. While both firms are global players, their impact is local, as WNYC's Ilya Marritz reports.

REPORTER: Where there are acquisitions, there are usually layoffs. In ...