NYC

Policy & Power

NYC’s Transit System to Raise $2 Billion Through Real Estate Bonds Backed by ‘Mansion Tax’

Photo by Asael Peña via Unsplash

The MTA plans to raise $2 billion via real estate bonds, backed by the mansion tax, to pay for much-needed infrastructure upgrades.

2 min read

Photo by Joshua Armstrong via Unsplash

Real Estate

New York’s Real Estate Market May Be Starting to Turn

Manhattan is now home to over 8,000 for-sale apartments, or around 1,000 more than the 10-year average. That’s a 9.8-month supply.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by Vlad Yushinov and Choness via iStock

Consumer

Is the Restaurant Industry at the End of an Era?

Across-the-board inflation — including food costs, labor costs, and real estate costs — is pummeling restaurants. Can the industry survive?

6 min read
Photo by Nandaro via CC BY-SA 3.0

Media & Entertainment

2024: The Year Legacy Media Gave Up on Cable

In 2024, legacy media giants like Disney and NBCUniversal finally had enough with cable — and started making their own off-ramps.

1 min read
Photo by Ajay Suresh via CC BY 2.0

Media & Entertainment

2024: The Year YouTube Became TV

YouTube may have started off as a platform for small screens, but now it’s increasingly dominating the living room TV.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.