AGP Executive Report
Last update: 10 hours agoCity Businesses: Mayor Zohran Mamdani and City Council Speaker Julie Menin have struck a deal to phase out Central Park’s horse-carriage industry by 2028. Drivers and unions are fighting the plan, which is expected to go to a council vote next week. Semiconductors: Japan is committing up to $21 billion toward two GlobalFoundries chip plants in New York, a major boost to the state’s manufacturing ambitions. Factory Outlook: New York’s manufacturing index surged to a nearly five-year high in October, even as the New York Fed reported rising costs are souring executives’ outlook. Film Production: New York is poised to overtake California as the nation’s leading state for TV and film production. Real Estate: NYC home listings have reached their highest level since 2022, giving buyers more options; nearly 400 affordable homes were also unveiled in East New York.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.