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Haute Living
Los Angeles
March/April 2012
New York State’s Deficit Grows
Blame it on the recession.
New York State’s projected 2010 to 2011 deficit has grown to a whopping $8.2 billion thanks to changes in financial services sector compensation that brought it revenue lower than anticipated.
The state of the economy has led to an increased demand for Medicaid, which is driving more spending, too. A plan for closing the shortfall will be presented February 9.
According to Comptroller Thomas DiNapoli, the proposed budget of Gov. David Paterson relies on unrealistic revenue projections and relies on billions from “overly optimistic revenue and savings assumptions that might not happen.”
Feb 8, 2010 7:01 PM
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The Internal Revenue Service released a report this week stating where American's multi-millionaires live.
According to survey data taken from the Center for Housing Policy, New York has been ranked the nation’s second most expensive city for homebuyers in the United States. As Crain’s reported, the busy metropolitan area has a median sale price of $450,000 for all homeowners in the third quarter.
Jamie Dimon, the C.E.O. of JPMorgan Chase, will likely face intense scrutiny at the firm’s annual shareholders meeting tomorrow as the fallout grows from a $2 billion trading loss it announced last week.
The Ambassador of France to the United States, Francois Delattre, honored Harvey Weinstein with the highest decoration in France first established by Napolean Bonaparte, the Légion D’Honneur.
The Michael Kors Company has announced its plan to debut the Michael Kors limited-edition Hamilton handbag in the United States in 2012.
B&N Banks bought the luxury Moscow hotel National from the Russian Government for $148 million.
The city of Moscow plans to sell downtown luxury hotel Metropol at a state-run auction this summer with an opening bid of 8.6 billion rubles ($296.6 million).
This issue takes a look at Derecktor Shipyards’ luxurious Cakewalk. Read about the luxe touches and innumerable amenities that make the largest yacht ever built in the United States so magnificent.
Last night was the world premiere of the new HBO series "VEEP". The highly anticipated comedy is said to be both brilliant and biting--and many are predicting it to be the next major HBO hit
Luxury watch brand Breguet will open its fourth boutique in the United States within the prestigious Bal Harbour complex. After New York (Fifth Avenue and Madison Avenue) and Los Angeles (Beverly Hills), the new 750 square feet boutique in Miami will open on November 19th, 2011.
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March/April 2012
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