New York News & Information http://maxnyc.com NYC Real Estate, News & Gossip Sat, 19 May 2012 19:41:36 +0000 en hourly 1 http://wordpress.org/?v=3.0.3 Some Schools to Close for 2 Days and Reopen for Last Day of Class http://maxnyc.com/some-schools-to-close-for-2-days-and-reopen-for-last-day-of-class/ http://maxnyc.com/some-schools-to-close-for-2-days-and-reopen-for-last-day-of-class/#comments Sat, 19 May 2012 19:41:36 +0000 admin http://maxnyc.com/some-schools-to-close-for-2-days-and-reopen-for-last-day-of-class/ Unused snow days will give many students days off at the end of the school year, but they will have to return midweek for the originally scheduled last day of class.

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]]> http://maxnyc.com/some-schools-to-close-for-2-days-and-reopen-for-last-day-of-class/feed/ 0 Facebook opens at $42 http://maxnyc.com/facebook-opens-at-42/ http://maxnyc.com/facebook-opens-at-42/#comments Fri, 18 May 2012 20:07:33 +0000 admin http://maxnyc.com/facebook-opens-at-42/ Diane Alter – Fourth Estate Cooperative Reporter

New York, N.Y., United States (4E) – Following months of speculation, hype and frenzy, Facebook finally began trading as a public company Friday.

Shares were priced Thursday night at $38 a share, valuing the company at $104 billion, raising $16 billion, and making it the largest tech IPO in history.

It also made 28-year-old founder and CEO Mark Zuckerburg a multi-billionaire 30 times over.

Shares opened just after noon at $42. Many industry analysts had hoped for or expected a much bigger pop.

The subdued debut caused U.S. markets, which had been waiting for Facebook shares to commence trading, to give back modest early gains.

While “big money” investors got first dibs, ordinary market participants clamoring for shares, eagerly jumped in, breathing a sigh of relief that the stock didn’t open much higher.

Shares were changing hands between $39 and $42 for the first several minutes after Facebook’s debut.

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]]> http://maxnyc.com/facebook-opens-at-42/feed/ 0 City Room: East Village Center Gets 15,000 Buzzing Tenants http://maxnyc.com/city-room-east-village-center-gets-15000-buzzing-tenants/ http://maxnyc.com/city-room-east-village-center-gets-15000-buzzing-tenants/#comments Fri, 18 May 2012 19:50:41 +0000 admin http://maxnyc.com/city-room-east-village-center-gets-15000-buzzing-tenants/ A colony of bees evicted from Central Park has found a welcoming home in the East Village. Read more on The Local blog.

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]]> http://maxnyc.com/city-room-east-village-center-gets-15000-buzzing-tenants/feed/ 0 Living In | Downtown Brooklyn: Downtown Brooklyn/Living In – To the Heights and the Slope, Add ‘Downtown’ http://maxnyc.com/living-in-downtown-brooklyn-downtown-brooklynliving-in-to-the-heights-and-the-slope-add-downtown/ http://maxnyc.com/living-in-downtown-brooklyn-downtown-brooklynliving-in-to-the-heights-and-the-slope-add-downtown/#comments Fri, 18 May 2012 04:08:07 +0000 admin http://maxnyc.com/living-in-downtown-brooklyn-downtown-brooklynliving-in-to-the-heights-and-the-slope-add-downtown/ To hear its landlords, city officials and residents tell it, Downtown Brooklyn has become extremely familiar with wholesale reinvention schemes.

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]]> http://maxnyc.com/living-in-downtown-brooklyn-downtown-brooklynliving-in-to-the-heights-and-the-slope-add-downtown/feed/ 0 Cinderella movie ‘Ever After’ off to Broadway in 2013 http://maxnyc.com/cinderella-movie-ever-after-off-to-broadway-in-2013/ http://maxnyc.com/cinderella-movie-ever-after-off-to-broadway-in-2013/#comments Thu, 17 May 2012 20:08:34 +0000 admin http://maxnyc.com/cinderella-movie-ever-after-off-to-broadway-in-2013/ Paula David – Fourth Estate Cooperative Reporter

New York, NY, United States (4E) – Cinderella-inspired film Ever After will be adapted into a Broadway musical announced Tuesday to be staged during its 2013-2014 season.

The new musical will be directed and choreographed by Tony award winner Kathleen Marshall. Casting, theater, exact dates and other pre-Broadway engagements are yet to be announced.

Based on the 1998 film which starred Drew Barrymore and Anjelica Huston, Ever After “tells the story of Danielle de Barbarac, the daughter of a Nobleman in 16th century France, who embarks on a series of adventures including standing up to her scheming stepmother, befriending Leonardo Da Vinci and winning the love of the crown prince of France. Setting the record straight on the fable of Cinderella, the new musical demonstrates how a strong-willed, independent girl can make her dreams come true without the help of fairy godmothers, talking mice or magic pumpkins,” as said in a Broadway press release.

The musical will be produced by Scott Landis and Philip Morgaman, and will feature music by Zina Goldrich, and a book and lyrics by Marcy Heisler. The musical director will be Mary-Mitchell Campbell.

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]]> http://maxnyc.com/cinderella-movie-ever-after-off-to-broadway-in-2013/feed/ 0 Commissioner Announces Steps on Improper Stop-and-Frisk, but Critics Are Unmoved http://maxnyc.com/commissioner-announces-steps-on-improper-stop-and-frisk-but-critics-are-unmoved/ http://maxnyc.com/commissioner-announces-steps-on-improper-stop-and-frisk-but-critics-are-unmoved/#comments Thu, 17 May 2012 19:41:01 +0000 admin http://maxnyc.com/commissioner-announces-steps-on-improper-stop-and-frisk-but-critics-are-unmoved/ Police Commissioner Raymond W. Kelly unveiled new measures to reduce the frequency of illegitimate stops, a day after a federal judge faulted their broad use.

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]]> http://maxnyc.com/commissioner-announces-steps-on-improper-stop-and-frisk-but-critics-are-unmoved/feed/ 0 Skechers to pay $40 million to settle false ad claims http://maxnyc.com/skechers-to-pay-40-million-to-settle-false-ad-claims/ http://maxnyc.com/skechers-to-pay-40-million-to-settle-false-ad-claims/#comments Wed, 16 May 2012 20:07:08 +0000 admin http://maxnyc.com/skechers-to-pay-40-million-to-settle-false-ad-claims/ Diane Alter – Fourth Estate Cooperative Reporter

New York, NY, United States (4E) – Skechers claims that its fitness shoes can help wearers lose pounds, tone muscles and strengthen legs, the stomach and the derriere, is costing the company millions.

Actually, the false claims are costing the footwear company some $40 million.

On Wednesday, the Federal Trade Commission announced Sketchers will pay that amount to settle charges by the FTC that Skechers made unfounded claims regarding its Shape-up shoes.

The settlement involves the company’s Resistance Runner, Toners and Tone-up shoes.

The FTC says Skechers falsely represented that clinical studies backed up the company’s claims about its popular toning shoes.

Consumers who purchased the shoes will be eligible for a refund.

In early afternoon trading, shares of Skechers were off nearly 3 percent at $17.78

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]]> http://maxnyc.com/skechers-to-pay-40-million-to-settle-false-ad-claims/feed/ 0 City Room: Class-Action Status Granted in Stop-and-Frisk Suit http://maxnyc.com/city-room-class-action-status-granted-in-stop-and-frisk-suit/ http://maxnyc.com/city-room-class-action-status-granted-in-stop-and-frisk-suit/#comments Wed, 16 May 2012 19:46:17 +0000 admin http://maxnyc.com/city-room-class-action-status-granted-in-stop-and-frisk-suit/ A judge criticized the Police Department’s arguments and provided possible legal recourse for a number of plaintiffs.

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]]> http://maxnyc.com/city-room-class-action-status-granted-in-stop-and-frisk-suit/feed/ 0 Strauss-Kahn seeks $1 million in damages from NY maid http://maxnyc.com/strauss-kahn-seeks-1-million-in-damages-from-ny-maid/ http://maxnyc.com/strauss-kahn-seeks-1-million-in-damages-from-ny-maid/#comments Tue, 15 May 2012 20:08:29 +0000 admin http://maxnyc.com/strauss-kahn-seeks-1-million-in-damages-from-ny-maid/ Fourth Estate Cooperative Staff

Paris, France (4E) – Dominique Strauss-Kahn, former chief of International Monetary Fund and ex-French Socialist party presidential hopeful, on Tuesday filed a USD 1 million suit against New York hotel maid at Bronx Supreme Court.

The maid, Nafissatou Diallo, had accused Strauss-Kahn of sexually abusing her during his stay at the New York hotel last year – an allegation that ruined his entire political career.

In the suit he lodged on Monday, Strauss-Kahn said that Diallo had knowingly and intentionally made a false allegation, which damaged his reputation and other professional opportunities.

The explosive sexual assault scandal apparently rocked Strauss-Kahn’s political ambitions as he was seen as France’s Socialist Party’s champion and a favorite for this year’s presidential polls.

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]]> http://maxnyc.com/strauss-kahn-seeks-1-million-in-damages-from-ny-maid/feed/ 0 City Room: A Glimpse of Obama’s Day in New York http://maxnyc.com/city-room-a-glimpse-of-obamas-day-in-new-york/ http://maxnyc.com/city-room-a-glimpse-of-obamas-day-in-new-york/#comments Tue, 15 May 2012 19:42:06 +0000 admin http://maxnyc.com/city-room-a-glimpse-of-obamas-day-in-new-york/ A Times photographer provides a behind-the-scenes peek at President Obama’s day in New York.

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