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News releases from New York Business Journal

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Kate Spade Creative Director to leave company amid reshuffle
The company formed two new roles: senior vice president for brand concept and strategy and head of product design. 
Tags Michele Parsons Jenny Campbell Apparel & Textiles
From Business Journals
New York eatery Pastis coming to Miami
Tougher Covid-19 restrictions on businesses in the Northeast continue to benefit South Florida. 
Tags Starr Restaurant Organization, LP Stephen Starr Retailing & Restaurants
From Business Journals
New York REIT buys Venetian Resort in Las Vegas for $4 billion
The sale comes just weeks after the death of Las Vegas Sands Corp. CEO Sheldon Adelson. 
Tags Travel Las Vegas Sands Corp/ Mergers and Acquisitions
From Business Journals
Macy's eliminates COO position
Macy's will eliminate the COO role after John Harper leaves. 
Tags Jeff Gennette Adrian Mitchell Dennis Mullahy
From Business Journals
Polestar plans U.S. auto showroom expansion
The company, with U.S. headquarters in Mahwah, New Jersey, said it will open showrooms in the first half of this year in Austin, Texas, Boston, Denver, Seattle, South Florida and Washington D.C. 
Tags Automotive Gregor Hembrough Manufacturing
From Business Journals
Hudson opens first airport store with Amazon’s Just Walk Out technology
The Hudson Nonstop concept will launch at additional airports across North America this year. 
Tags Amazon/com Inc/ Retail Chains Retailing
From Business Journals
Co-branded Dippin’ Dots, Doc Popcorn shop to open in NYC's Flatiron District
The dual-concept store aims to let New Yorkers satisfy both sweet and savory snack cravings. 
Tags Retailing & Restaurants Retail Chains Food & Lifestyle
From Business Journals
Closings commence on Extell's Central Park Tower's luxury condos
Closings have commenced on the 179 two-to-eight-bedroom residences that begin on the 32nd floor of the building and range in size from 1,435 square feet to more 17,500 square feet. 
Tags Residential Real Estate Gary Barnett Extell Development Company
From Business Journals
New York's REDC competition is back on for 2021
In past years, the program has allocated around $750 million annually for economic development projects across the state. But it skipped last year because of the pandemic. 
Tags Government & Regulations Economic Incentives Eric Gertler
From Business Journals
WeWork co-founder Neumann nearing settlement with SoftBank
SoftBank could pay nearly $500 million to purchase shares from Neumann. 
Tags Career & Workplace Adam Neumann Human Resources
From Business Journals
New five-star Hotel Barriere Le Fouquet planned for New York's Tribeca
The hotel is scheduled to open next year and will encompass 96 guest rooms and suites. 
Tags Joshua Caspi Travel Dominique Desseigne
From Business Journals
Two months after raising $65 million, Public.com raises $220 million in funding
Past celebrity investors in the company include "Entourage" star Adrian Grenier, model Iskra Lawrence, skateboarder Tony Hawk, the electronic DJ duo The Chainsmokers, and NFL star J.J. Watt. 
Tags Venture capital Technology Jannick Malling
From Business Journals
JetBlue launches new service to Miami and Key West, Florida
JetBlue now operates daily nonstop service between Miami and JFK, Newark, Boston and LAX. 
Tags JetBlue Airways Corp/ Travel Aviation
From Business Journals
Capitalize, which helps find retirement assets, raises $12.5 million
The New York City-based company said it has processed nearly $10 million of 401K rollovers for Americans across the country. 
Tags Gaurav Sharma Technology
From Business Journals
PVH Corp. hires Urban Outfitters’ executive to head Americas unit
Donnelly will be responsible for the Calvin Klein, Tommy Hilfiger and Heritage Brands businesses in the Americas. 
Tags Apparel & Textiles Steven Alan Trish Donnelly
From Business Journals
David Energy secures $19M in funds to supply electricity to the Northeast
The new capital includes a $4.1 million seed round led by Equal Ventures and a $15 million working capital facility from Hartree Partners. 
Tags Abhi Mandhana Startups Kiran Bhatraju
From Business Journals
Lottery ticket app Jackpocket raises $50 million in Series C funding
Company officials said the latest funding will allow it to "fuel new growth marketing campaigns and a series of new additions to the Jackpocket team to support aggressive expansion." 
Tags Technology Venture capital Peter Sullivan
From Business Journals
U.S. mortgage rates again tick down near record low
The 30-year fixed mortgage rate averaged 2.73% for the week ending Jan. 28 — down from 2.77% last week. 
Tags Dayton Realtors Housing Market Federal Home Loan Mortgage Corp/ / Freddie Mac
From Business Journals
NYC investment firm exec pleads guilty in $100M Ponzi scheme
David Hu, 63, of West Orange, New Jersey, pleaded guilty to investment adviser fraud, securities fraud, and wire fraud offenses. 
Tags Audrey Strauss Charles Samel Government & Regulations
From Business Journals
Cloud data backup startup OwnBackup raises $167.5 million in Series D funding
The Englewood Cliffs, New Jersey company said it's now raised a total of more than $267 million. 
Tags Sam Gutman Technology OwnBackup
From Business Journals
Business payroll company Check raises $35 million in Series B funding
The New York City-based company said the funding came from Stripe and Thrive Capital. 
Tags Technology Andrew Brown Startups
From Business Journals
Hospitality industry tech startup Bbot raises $4 million
With this latest seed extension round, the company's total funding is now $7.3 million. 
Tags Food & Lifestyle Technology Retailing & Restaurants
From Business Journals
Stern-designed Upper East Side condos go on sale
Developers Midwood Investment & Development and EJS Group said the units will be available for move-in this summer. 
Tags Residential Real Estate
From Business Journals
Port Authority leaders lay out plans to redevelop Midtown bus terminal
The leaders of the Port Authority of New York and New Jersey laid out their plans to tear down the existing Midtown bus terminal and build a new transit hub on the same site. The plans include... 
Tags Government & Regulations Logistics & Transportation Local Transit
From Business Journals
Ex-Bloomberg construction exec sentenced to 38 months in bribery scheme
Anthony Guzzone, 51, of Middletown, New Jersey was sentenced for evading taxes on more than $1.45 million in bribes he received from building sub-contractors. 
Tags Ronald Olson Construction Michael Campana
From Business Journals
Pitney Bowes hires GE Capital’s Ana Maria Chadwick as new CFO
Joseph Catapano, who was interim CFO, will return to his position as chief accounting officer. 
Tags Legal Services Joseph Catapano Pitney Bowes Inc/
From Business Journals
Health app K Health raises $132 million in Series E funding
The New York City-based company said the round was led by GGV Capital and Valor Equity Partners. 
Tags Startups Health Care Technology
From Business Journals
Emergency response assistance company Carbyne raises $25 million
Carbyne said it now serves more than 70 governments worldwide and its services are available to more than 400 million people. 
Tags Amir Elichai David Paulison Michael Chertoff
From Business Journals
New York state will issue RFPs as part of massive renewable-energy push, Gov. Cuomo says
Gov. Cuomo outlined the state's green-economy agenda on Wednesday. 
Tags Government & Regulations Coronavirus Energy
From Business Journals
Former CEO of MG Capital Management charged with securities fraud
Eric Malley, 50, of New Canaan, Connecticut, the founder and former CEO of MG Capital Management of New York, was charged with securities fraud and wire fraud. 
Tags Government & Regulations Eric Malley Audrey Strauss
From Business Journals
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