New York Business Journal

New Math

[Special Report] Stadiums have become an integral part of many cities, often creating thousands of jobs and providing significant tax revenue. However, since the arrival of the pandemic, many have remained dark. Without fans in the stands, stadium owners will need to get creative to stay afloat. See the new math for yourself: https://bit.ly/32lvEzp #NewYork #TheNewMath #coronavirus #sports #entertainment

New Math

[Special Report] Over the past decade, the structure of the MBA has continuously shifted to meet the evolving demands of today's students. Many schools are currently working to provide a more flexible and affordable MBA program to further diversify their student base. In the ninth installment of The New Math, we'll discuss how coronavirus has caused an acceleration in online enrollment as it pertains to the MBA degree. Will this trend continue in a post-covid world? See the new math for yourself: https://bit.ly/31Z8tLh #NewYork #NewMath #MBA #coronavirus #diversity

New Math

[Special Report] Starting in March, U.S. convention centers experienced an unprecedented wave of event cancellations due to Covid-19, creating a financial strain that many may not recover from. In short, everything that could go wrong, did go wrong. In the eighth installment of The New Math series, we discuss how the steep drop in travel & gatherings has dried up funding for convention centers, impacting debt obligations as well as operations and planned expansions. See the new math for yourself: https://bit.ly/3lwvJYO #NewYork #TheNewMath #coronavirus

New Math

[Special Report] The Pandemic has grounded any chances of profits for American airports in the near future. In the seventh installment of The New Math series, we discuss how airports could see an industry-wide slash in headcount due to financial strains. Covid-19 represents an unprecedented crisis in the airline industry, which has already seen its share of catastrophes. Airports are relying on two things to prevent even more drastic cost-cutting: a steady, sizable increase in flight activity and billions more in federal aid. See the new math for yourself: https://bit.ly/32c9IFH #NewYork #TheNewMath #coronavirus #airports

New Math

[Special Report] Prior to the pandemic, grocery titans including Walmart and Kroger spent hundreds-of-millions of dollars to make online ordering and curbside pick a breeze for time-crunched customers. But what are the smaller operations doing to succeed? In the sixth installment of The New Math, we'll discuss how the pandemic has impacted grocery-anchored businesses of all sizes. The grocery plaza as we know it is evolving. See the new math for yourself: https://bit.ly/3iClShF #NewYork #TheNewMath #coronavirus #grocery

New Math

[Special Report] In years past, the crowded lecture hall has been a major revenue pillar to help offset other, less-lucrative areas of campus life. In our fifth installment of The New Math, we'll discuss how Covid-19 has transformed lecture halls from cash cows to a point of weakness for many schools. As colleges attempt to reconfigure class sizes and move many large lectures online, the result has been largely the same: a more expensive model per student. What can colleges and universities do to adapt to the new changes? See the new math for yourself below: https://bit.ly/2XE7zRP #NewYork #TheNewMath #education #coronavirus #collegesanduniversities New York University, Columbia University in the City of New York, Fordham University, Pace University, Queens College, Hunter College

New Math

[Special Report] Covid-19 has inverted everything we know about the hospitality industry. The high-end hotels in cities and near airports are suffering steep losses, while the limited-service hotels along highways are actually faring much better. Hotels analyzed by The Business Journals spent a combined $6 million a year, or 10% of their budgets, on taxes, insurance, utilities and maintenance prior to the pandemic. Those numbers are unlikely to change, regardless of a hotel’s operating status. What steps are hotels taking to survive? See the new math for yourself below: https://bit.ly/3hOz3eY #NewYork #TheNewMath #coronavirus #hotels #travel #hospitality

New Math

[Special Report] After what feels like a long time coming, malls may officially be a thing of the past. In our third installment of The New Math, we discuss how lock-downs have completely rewritten the math of the malls as we knew it. What happens within the mall shapes far more than its own corridors. The retail centers are often a catalyst for outside development, from apartments to office spaces, and much more. What are stores doing within malls to adapt to the changes? See the new math for yourself below: https://bit.ly/3g21W7a #NewYork #TheNewMath #coronavirus #commercialrealestate #retail

New Math

[Special Report] In our second installment of The New Math, we discuss the economics of how restaurants are approaching a post-covid world. The majority of restaurants have altered their menus, while others are offering their high-end cuisine and cocktails for takeout. Despite these changes, without further government assistance, 85% of restaurants are expected to permanently close their doors. What else are restaurants doing to adapt? See the new math for yourself: https://bit.ly/2ZAdTLg #TheNewMath #restaurants #dining #coronavirus #NewYork

New Math

[Special Report] In our latest series, The New Math, we discuss the economics of how businesses will have to approach a post-covid world. The first installment focuses on what is needed to keep our office spaces safe, and what it'll cost. While the desire to return to “normal” is a top priority for many, the fast-changing economics show that more fundamental changes will be needed in the long term. Are you prepared? What's the new math for your office? https://bit.ly/30bBgdt #TheNewMath #finances #economics #coronavirus #NewYork

whd

Happy World Health Day! On this day, as well as every other, we’re sending a huge Thank You to those who are on the front line in the fight against COVID19. Please take the time to show your support for our local #healthcare professionals, educators, essential employees, and caretakers of all kinds. If you have a friend or family member that deserves some recognition, tag them in the comments! Today we honor their service and contribution toward making our city, and world, a better place. #worldhealthday #covid19 #NewYork

KBH

Supporting both our employees and our community is top of mind, now more than ever. While our subscriber content is what allows us to keep our newsrooms staffed and ready to report extensively on the New York’s business developments, we also want to keep our local community prepared for what is ahead. To help with both, we’d like to offer a $4 subscription that grants you full access to all subscriber content for the next 4 weeks. This includes all articles covering COVID-19 as well as frequently updated news & insights from a variety of New York’s industries. https://bit.ly/2UPh0vo We’ve also provided many non-subscriber articles around COVID-19 that are available for free here: https://bit.ly/2R2n4j7 We’ll get through this together. Stay safe, stay healthy, and stay in the know.

BizSpotlight

Have you seen the latest enhancements to our multi-channel press release? BizSpotlight is the best way to get the word out about any #localbusiness making moves. Which #NewYork companies do you think are newsworthy? Tag them below! https://bit.ly/39ZF3hw #businessgrowth

Bizwomen Mentoring Monday

We are passionate about supporting your professional journey. Extend the energy of January’s National Mentoring Month by joining us for Bizwomen Mentoring Monday on February 24th. Get one-on-one networking time with leading businesswomen. http://bizj.us/1q0g6c

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Bank of America Winter Village at Bryant Park

The 2018 Bank of America Winter Village is open! To check out Manhattan’s winter wonderland, head over to Bryant Park any day between 8am and 10pm through March 3, 2019. The Holiday Shops are open through January 2, 2019.

Shkreli found guilty on 3 of the 8 fraud charges. Full story: www.NewYorkBusinessJournal.com

God bless the bagpipes

Ever wonder how "America the Beautiful" and "God Bless America" sound as played by bagpipes? Wonder no more.