Crain’S Ny Business

Oct 28, 2024 | amny.com | Ben Brachfeld |Crain’S Ny Business |Crain’s Akron Business

New York City is implementing a new curb management program on the Upper West Side that, officials say, will more closely hew to community needs. The city’s Department of Transportation (DOT) on Monday launched “Smart Curbs,” piloting different uses of space on crowded Upper West Side streets between 72nd and 86th Streets and between Central Park and Broadway. The agency contends the strategies could improve safety and reduce congestion and chaos in the street.

Oct 18, 2024 | crainsgrandrapids.com | Mark Weinraub |Crain’S Ny Business |Crain’s Akron Business |Andy Balaskovitz

Mergers and acquisitions activity is likely to pick up during the next year, with a resilient U.S. economy and lower interest rates spurring increased deal activity, according to a survey of dealmakers. Law firm Dykema Gossett’s annual survey showed 70% of the respondents, which include C-suite executives, bankers and private-equity professionals, said the U.S. M&A market will strengthen during the next 12 months, with only 9% expecting it to weaken.

Oct 3, 2024 | bfkn.com | Crain’S Ny Business |Crain’s Akron Business

The BFKN Financial Institutions Group served as legal counsel to First Security Bancorp, Inc. (“First Security Bancorp”) in connection with its execution of a definitive merger agreement with Byline Bancorp, Inc. ("Byline"), pursuant to which Byline will acquire First Security Bancorp and its wholly owned subsidiary, First Security Trust and Savings Bank (“First Security”).

Sep 23, 2024 | crainsgrandrapids.com | Mark Weinraub |Crain’S Ny Business |Crain’s Akron Business |Joe Boomgaard

The White House has chosen a Chicago-based firm to raise a $1 billion private credit fund devoted to funneling money into the U.S. automotive supply chain. The Drive Forward Fund will raise money from institutional investors and receive additional capital from U.S. Small Business Administration loans, said Theodore Koenig, chairman and CEO of Monroe Capital. “This is an underserved market from a financing standpoint,” Koenig told Crain’s in an interview. “There is a ton of demand.

May 28, 2024 | politicsny.com | Ben Brachfeld |Crain’S Ny Business |Crain’s Akron Business

Posted on A state appellate court revived a lawsuit seeking to overturn New York City’s Local Law 97, potentially imperiling the city’s landmark statute regulating large buildings’ carbon emissions.