A new NYC policy rebalances zoning powers in 12 city districts

West Palm Beach, FL, where the typical luxury home costs 8.9 times more than the typical non luxury home, has the nation’s biggest luxury home price premium. Next comes Miami, with a median luxury-to-non luxury home price ratio of 8.8, and New York City, where the typical luxury home costs 5.5 times the typical non…

The Insurance Regulatory and Development Authority of India (Irdai) on Tuesday released a consultation paper to create a public insurance registry (PIR) — a population-scale digital infrastructure designed to bridge information gaps, reduce systemic friction among insurers, intermediaries, reinsurers, financial institutions, government agencies and policyholders, and accelerate financial inclusion across the country.   In March…

States are moving full speed ahead to finalize their maps for the second iteration of the Opportunity Zone economic development program before a late September deadline. While it remains unclear which parts of Philadelphia will be included in the program that offers tax breaks to developers in certain areas, city officials have already provided their…

You might be waiting longer for your Uber ride to arrive — and paying more for it. The time between when Uber matched a driver with a rider and when the car arrived grew 19% between the first quarter of 2023 and the same period this year, according to a new analysis by Len Sherman,…

Key insight: The Phoenix bank core, which changed hands from Finastra to CORA Group, has been repackaged to PhoenixWorx. What’s at stake: PhoenixWorx is launching its rebrand as regulators have expressed potential for additional scrutiny of core vendor relationships with banks. Expert quote: “It comes down to, in the end, an emotional decision of who…

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