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New York

News about New York: events, facts and developments on tafs uz.

8 stories

New York prepares to ban horse-drawn carriages in Central Park: drivers fear for their livelihoods

The New York City Council is expected on Thursday to approve a ban on horse-drawn carriages in Central Park effective June 2028. The initiative is backed by Mayor Zohran Mamdani. About 200 drivers fear losing income, while animal rights activists welcome the decision. The ban gained momentum after the June death of 18-year-old tourist Romanch Mahajan.

4 min read

Inspired Capital closes fourth fund at $450 million amid concentration of venture money in California

New York-based Inspired Capital, founded by Alexa von Tobel and Penny Pritzker, closed its fourth fund at $450 million, bringing assets under management to nearly $1.4 billion. According to PitchBook, between 2020 and 2025 the Bay Area attracted $352 billion — about 46% of US venture capital, and last year 55% of new commitments. The firm invests in roughly 10 companies a year, with checks from $1 million to $15 million.

3 min read

New York Mayor Mamdani urged residents to resist AI adoption and accused federal authorities of inaction

At the 'People's AI Assembly' event in Manhattan, New York Mayor Zohran Mamdani said federal authorities have completely abdicated AI regulation and urged city residents not to treat the technology's spread as inevitable. He recalled the ban on AI in elementary and middle schools and the requirement to disclose AI generation in real estate listing photos.

3 min read

Legendary New York Hotel The Plaza to Close in January 2027 for a Facade Restoration Lasting at Least Four Years

The Plaza hotel on Fifth Avenue in New York will close to guests in January 2027: the facade restoration will take at least four years. The hotel's management explains the works by historic preservation requirements and safety concerns. The hotel, opened in 1907, is listed among Historic Hotels of America and is famous from books and films.

2 min read