NYC Business News

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Chime Opens 84,000-Square-Foot NYC Office in Flatiron

Financial technology company Chime has expanded its New York City operations with an 84,000-square-foot workplace at 122 Fifth Avenue in Manhattan’s Flatiron District. The three-floor location will serve as the company’s East Coast hub, housing employees working across technology, product development, marketing, partnerships and other business functions. The expansion builds on Chime’s New York presence, which began in 2023 and grew following its acquisition of local company Salt Labs. Chime identifies New York as its largest metropolitan market and expects the new location to support recruiting and continued growth in the region. The opening also comes as the company pursues a proposed acquisition of longtime banking partner Stride Bank, subject to regulatory approval.

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SPAM Hot Honey Hits Win Son Bakery in NYC This Week

SPAM is introducing its new Hot Honey variety to New York City through a limited-time collaboration with Win Son Bakery, bringing the sweet-and-spicy flavor to both Brooklyn and Manhattan. Running through September 20, the promotion gives New Yorkers a chance to try the product in dishes created specifically for the partnership, including a breakfast sandwich built on Win Son’s scallion pancake and a Taiwanese-inspired rice roll. The collaboration extends beyond food with a small collection of co-branded apparel and accessories available online and at the bakery’s locations. For Brooklyn diners, the campaign pairs a nationally recognized food brand with a local restaurant known for putting a contemporary spin on Taiwanese-American flavors.

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SL Green NYC Office Leasing Nears 1.8M Square Feet

SL Green is reporting significant leasing activity across its Manhattan office portfolio in 2026, providing another indicator of demand for high-end commercial space in New York City. The real estate company has completed nearly 1.8 million square feet of office leasing this year, while maintaining an additional pipeline of prospective transactions. Several prominent Manhattan addresses are contributing to that performance, including 245 Park Avenue and One Vanderbilt, where major corporate tenants continue to occupy substantial space. The results are particularly noteworthy as landlords, businesses and investors watch the pace of New York City’s office-market recovery and the performance of premium properties. SL Green’s latest figures provide a snapshot of how one of Manhattan’s largest commercial landlords is performing amid the evolving workplace and real estate environmen

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Columbia: NYC Loses $300M in Natural Gas Annually

A Columbia University study offers new insight into a major source of methane emissions across the New York City metropolitan area, pointing to natural gas consumption in buildings rather than primarily to leaks from underground pipelines. Researchers found that methane releases closely followed seasonal gas demand, including during both winter heating and summer cooling periods. Their analysis suggests inefficient combustion in building systems may account for a significant share of emissions that previous inventories have underestimated. The researchers estimate methane associated with natural gas represents about 1.7% of gas delivered across the system, with the lost fuel potentially worth nearly $300 million based on recent retail prices. The findings could give New York City another avenue for reducing greenhouse-gas emissions while improving energy efficiency and lowering the economic cost of wasted natural gas.

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NYC Labor Rally Honors 9/11 Workers, Draws 5,000

More than 5,000 union members representing over 50 unions gathered in Lower Manhattan for the New York City Central Labor Council’s 2026 Labor Day Rally and March, combining a celebration of organized labor with remembrance of the workers who responded to the September 11 attacks. The event highlighted the role union members played in the city’s rescue, recovery and rebuilding efforts while connecting that legacy to current concerns facing New York workers. Participants marched past the World Trade Center site on their way to Foley Square, with labor leaders, rank-and-file members and elected officials taking part. Governor Kathy Hochul, Mayor Zohran Mamdani, Attorney General Letitia James and other city and state leaders were among those attending the gathering.

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Macy’s Launches 2026 American Designer Fall Collection

Macy’s is spotlighting American fashion for fall 2026 with exclusive collections that pair established industry names with a newer generation of designers. The retailer’s seasonal initiative features Tommy Hilfiger, Donna Karan New York and Michael Kors alongside Jonathan Cohen, LAPOINTE and Theophilio, giving shoppers access to six limited-edition capsules available through Macy’s. The campaign also highlights major seasonal directions ranging from updated heritage looks to polished urban styles and contemporary bohemian influences. Beyond the collections, Macy’s is extending the campaign into stores with Celebration Saturday on September 26, featuring fashion-focused experiences at participating locations nationwide. The initiative positions the department store as a destination for both recognizable American labels and designers shaping the industry’s next chapter.

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NYC Dashboard Tracks Employers With Labor Violations

New York City Comptroller Mark Levine has released the latest Employer Violations Dashboard, providing workers and the public with a centralized look at private-sector companies cited for breaking workplace laws across the five boroughs. The 2026 update draws on enforcement records from city, state and federal agencies covering issues such as unpaid wages, workplace safety, discrimination, scheduling practices and union-related disputes. Among the employers highlighted are Amazon, Starbucks, DoorDash and several construction, home care and retail companies. The searchable database also includes information about settlements, penalties and enforcement actions, giving New Yorkers a way to research employers' labor records and examine patterns of workplace violations documented by government agencies.

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$2.2B Maimonides, NYC Health + Hospitals Deal Advances

Maimonides Health is a step closer to becoming part of NYC Health + Hospitals after a New York State health planning committee unanimously approved the proposed transaction. The plan now heads to the full Public Health and Health Planning Council, which is scheduled to consider it on September 17. The partnership is supported by $2.2 billion in state funding over five years and is designed to strengthen Maimonides’ financial position while preserving critical hospital and specialty services in Brooklyn. The funding would also support major improvements, including a transition to the Epic electronic health record system and upgrades to hospital facilities, while bringing Maimonides access to higher Medicaid reimbursement rates.

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Met Cancels Planned John Galliano Fashion Exhibition

The Metropolitan Museum of Art will no longer move forward with its planned 2027 Costume Institute exhibition centered on designer John Galliano. The decision was reached after discussions between Galliano and museum leadership amid concerns surrounding his past conduct and the impact an exhibition honoring his career could have on affected communities. Galliano expressed appreciation for The Met while acknowledging his past actions and saying that accountability requires an ongoing commitment rather than institutional recognition. Museum leaders, including Max Hollein and Andrew Bolton, supported the decision, while trustee Anna Wintour described the move as the right course. The Met is expected to announce a replacement spring exhibition and new plans for the 2027 Met Gala at a later date.