• New York and Toronto business leaders discuss an ‘east coast alliance'

    5 days ago - By Venture Beat

    Silicon Valley may still be the most well-known tech hub in the United States, but startup leaders New York City and Toronto are betting that by building a super connected “east coast corridor” that they can lure more talent and money from the west coast.
    Earlier this month, New York accelerator Grand Central Tech announced that it was partnering with MaRS , a Toronto-based innovation hub, to offer support, services and physical workspace to Canadian technology ventures looking to expand to New York City. At an event on Tuesday hosted at Grand Central Tech, entrepreneurs and VCs from both...
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  • Lawsuit: Rent at Kushner properties inflated illegally

    Lawsuit: Rent at Kushner properties inflated illegally

    5 days ago - By Chron

    NEW YORK - Tenants of a second building owned by the company of Jared Kushner's family filed a lawsuit Tuesday over rent that they say is inflated illegally.
    The lawsuit in state Supreme Court in Brooklyn filed by six residents at 18 Sidney Place in Brooklyn alleges that Kushner Cos. is charging much higher free-market rent, rather than the rent-stabilized rate required by law.
    The Kushner Cos. said it's done nothing wrong and that the higher rent reflects renovations done at the apartments.
    "We've reviewed the lawsuit and believe it is without merit and that we have complied with all rent...
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  • Cigna to Pay New York DFS $2 Million for Violating State Insurance Law

    5 days ago - By A.M. Best

    Cigna Health and Life Insurance Co. will pay the New York Department of Financial Services $2 million for violating state insurance law.
    The DFS began a probe into Cigna's practices in July 2016 ...
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