Friday, April 13, 2012



* The revised living wage bill in the City Council has been narrowed down to only impact 400 to 500 workers a year, leaving some advocates confused by Speaker Christine Quinn's description of the measure as farthest-reaching in the country, the New York Times reports:

* A few words in the state budget will allow BlackRock, the world's largest investment manager, to save $5 million by being taxed as a regular corporation and not a bank, the Times Union reports. It is unclear, though, what other firms could take advantage of the budget tweak:

* Former Gov. George Pataki is forming a Super PAC to help protect vulnerable New York Congressional Republicans and boost his party's chances of retaining control of the U.S. House, the Wall Street Journal says:

* A pair of audits by Comptroller John Liu found that the Bloomberg administration failed to notify homeowners about changes to the way the city assessed values of their condos or co-ops, leading an unexpected spike in property taxes last year, the Times says:

* Assemblyman Keith Wright has introduced a bill that would give community education councils the power to block charter school co-locations in public schools, the New York Post reports:

* Newark Mayor Cory Booker rescued a neighbor from a burning building last night, and then tweeted about it, the Daily News reports:

* Mayor Michael Bloomberg, a helicopter enthusiast, is on the waiting list to purchase the ultra exclusive AgustaWestland AW609 Tiltrotor hybrid helicopter-plane, costing somewhere between $5 million and $30 million, the Times says:

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