A luxury car-service startup called The New L had 5,000 panicked people sign up in preparation for the L train shutdown. Now, its future is 'TBD.'
The New L
The New L was intended to be a luxury transportation option for Brooklynites during the planned shutdown of the L train.
In recent months, The New L had roughly 5,000 people sign up for the service, which would cost $155 a month.
However, on Thursday, New York Gov. Andrew Cuomo announced the L train would no longer shut down for 15 months as previously planned, leaving the future of The New L in question.
The New L was intended to be a luxury alternative to New York City's plan to...
The current winter sales have unearthed huge discounts on some of the most exciting pieces we witnessed in the FW18 season. The latest to have caught our attention at Highsnobiety HQ is this A-COLD-WALL* poncho from SSENSE’s winter sale. Originally retailing for $400, this poncho-style raincoat comes with the usual hood, half-zip closure, and drawstrings, elevated by A-COLD-WALL*’s [
It was just one month ago that JPM's quant Marko Kolanovic, who was especially bullish headed into the close of what proved to be the worst year for capital markets since the financial crisis, realized that his prediction would not pan out, and bizarrely blamed "fake media" and "specialized websites that mass produce a mix of real and fake news [and] often these outlets will present somewhat credible but distorted coverage of sell-side financial research, mixed with geopolitical news, while...