From Charging Stations to Supermarket Sales: New York’s Business Momentum

Revel, once a fixture in the city’s electric ride-hailing scene, is stepping away from shuttling passengers and steering fully into the business of powering the future. The company plans to expand its network of fast EV charging stations from just over a hundred today to an ambitious two thousand by the end of the decade, targeting the growing fleet of Uber and Lyft drivers seeking rapid turnaround times. The move positions Revel at the center of New York’s electrification push, aiming to ease range anxiety and accelerate the shift to cleaner transportation.

In retail, an iconic grocery name is entering a new chapter. Morton Williams, the upscale supermarket chain woven into the city’s neighborhoods for more than seventy years, has been acquired by the parent company of ShopRite. While the ownership changes, the brand will continue operating under its familiar name across its seventeen New York City locations. Plans are already in motion for expansion, though longtime customers are promised the same service and selection they’ve grown to expect.

Brooklyn’s Coney Island is facing a potential transformation of its own, with developers pushing for a sprawling $3 billion casino complex that would include a hotel, convention center, and concert venue. Supporters tout the promise of jobs and year-round tourism, but critics warn of chronic traffic congestion, environmental strain, and an erosion of the area’s historic charm. The project’s fate remains in the hands of local decision-makers, and public sentiment is sharply divided.

Meanwhile, in Manhattan, the office corridors of Third Avenue are showing fresh signs of life. Once marked by pandemic-era vacancies, many buildings are being reimagined as mixed-use spaces, with a surge in residential conversions complementing the arrival of high-profile corporate tenants. Vacancy rates are easing, and the area’s revival is attracting both investment and optimism.

Together, these shifts reflect a city in constant motion, where businesses, developers, and communities are continually rewriting the next chapter of New York’s economic story.