New York City's plan to turn its whole fleet of yellow cabs green by 2012 got the red light this week from a federal judge, who ruled that regulation of fuel emissions standards falls under federal authority. The plan called for every new taxi to have a standard of least 30 miles per gallon — a benchmark met by hybrid and clean diesel cars. US District Judge Paul Crotty said enforcing the new Read more

The New York City Council has voted 29-22 to change term-limit laws to allow Michael Bloomberg to run for a third term, but the royal battle is far from over. In addition to securing federal Justice Department clearance, the city council's decision must survive various court battles. A lawsuit has been brought by public school teachers, and another by two council members. The city lawmakers Read more

Michael Bloomberg announced yesterday that he would seek a third term as mayor, thanks to unprecedented challenges and the economic crisis facing New York City. Only problem: New York City's term limit law says his time is up. Bloomberg plans to ask City Council to change the law so he can have another shot. He explained: The question for me has become much less about the theoretical and much Read more

Jay-Z got all fancied up in a suit and tie yesterday to help NYC Mayor Bloomberg announce that Park Avenue will be closed to cars for a few hours on the next three Saturdays in Manhattan. Maybe Jay will take advantage of the special opportunity and have a romantic stroll with Beyonce this weekend — but don't expect him to gush about it afterwards. He recently talked to Vibe magazine about why Read more

I'm sure I don't "get" most esteemed works of art, but I'm still undecided about whether my reaction to New York City's waterfall art project is "wow" or "huh?" Four waterfalls designed by Danish artist Olafur Eliasson will show around NYC until October. Three cascade into the East River and New York Harbor from scaffolding towers, while the fourth falls from the Brooklyn Bridge. Money-wiz Mayor Read more