"The Wolf of Wall Street" depicts a boiler-room culture in which brokers bilk customers of hundreds of millions of dollars and then launder their ill-gotten gains to buy mansions, Ferraris, yachts, personal aircraft, hookers and pharmacopoeias of recreational drugs.
Leonardo DiCaprio, who plays the pathologically corrupt rogue trader Jordan Belfort in the film, said in a Manhattan news conference...Read more »
New York City's immigrant population has reached a new peak of more than three million people -- 37% of our population -- solidifying the Big Apple's position as what is arguably the most diverse metropolis in the world, according to a new report by the mayor's office.
Dominicans (380,200) are the most populous immigrant group, followed by Chinese (350,200) Mexicans (186,300) placed third,...Read more »
Some 1,200 NYPD police recruits are in the midst of four days of "multi-cultural immersion" training to help them better understand and respect the communities they serve.
The training was instituted in 2007, according to the NYPD's website, and in 2009 included presentations by the Civilian Complaint Review Board, commanding officers and prominent community members to help them...Read more »
The Mega Millions jackpot, now at $550 million, has kindled "what if" dreams in even the staunchest of non-believers.
"I don't even know how to play!" protested Bob Shami, 46, as he handed money to a midtown convenience clerk , permitting a machine to "quick pick" his numbers. But on Saturday, Shami, a media content distributor who lives in Midtown, found a crisp...Read more »
Higher taxes for wealthy New Yorkers? Higher taxes on booze? A commuter tax?
These are some of the suggestions that the city's Independent Budget Office offered Wednesday as part of its Budget Options report, which provides ideas on how to balance the city's finances.
Although Mayor-elect Bill de Blasio will inherit a balanced budget from Michael Bloomberg, IBO director Ronnie Lowenstein...Read more »
One year after their first strike action, some city fast food workers are today expected to again walk off their jobs in a continued push for a $15 minimum wage and the right to unionize without retaliation.
New York is one of now 100 cities participating in the push to goad fast food companies to hike pay and improve the working conditions for cashiers, cooks, food prep workers and supervisors.
"I...Read more »
Time-pressed New Yorkers still want their food fast. But, increasingly, they want it fresher, better and healthier.
While the number of Burger Kings dropped from 92 in 2008 to 83 this year and Wendy’s went from 50 to 43 in the same period, salad joints are growing, according to a report issued by the Center for an Urban Future. Chop’t jumped from eight locations last year to 11 this year....Read more »
The city is still runnin' on Dunkin'.
Dunkin' Donuts, which added 39 outlets for a total of 515 throughout the city, topped the "State of the Chains" list as the most ubiquitous chain store for the sixth straight year, according to the annual report issued by the Center for an Urban Future.
But chain store growth citywide slowed to a .5% increase from 2012 to 2013, with the...Read more »
When you factor in take-out food, New Yorkers eat out more often than anyone else in the country, according to a new Zagat survey. About 58% of lunches and dinners are prepared outside our NYC kitchens, compared to 47% of such meals nationally.
We spend handsomely for all those prepared-elsewhere suppers. NYC Zagateers reported paying an average of $48.56 per person for dinner (vs. $40.53...Read more »
It could be weeks before investigators can conclusively determine the cause of the Saturday car crash that killed "Fast and Furious" actor Paul Walker and Roger Rodas, the star's friend and business partner, according to source at the Los Angeles Sheriff's Department.
On Monday, the Department announced that while it was continuing to solicit information about the fiery crash that...Read more »