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New York News

New Team of NYC Bldg Inspectors Hand Out Thousands of Violations at Construction Jobsites

Sholom Schreirber -
By: Uri Klemkov A new team of building inspectors in New York City has been conducting surprise inspections at jobsites for major construction projects, a...
New York News

For Luxury Homebuyers, NYC Is Losing its Luster; Weakest Stats in Decade

Sholom Schreirber -
By Tom Roberts Luxury may not be all that it used to be. The prices of “luxury” real estate properties worldwide rose an anemic 1.1% in...
New York News

WeWork to Give $438M Facelift to NYC’s Iconic Lord & Taylor Bldg

Sholom Schreirber -
By: Max Devereaux The building housing New York City’s Lord & Taylor is set to get a $438 million facelift – thanks to WeWork Once renovated...
New York News

Facebook Signs Hdson Yards Lease for 1.5M Square Feet

Sholom Schreirber -
By: Ilana Siyance After an extensive search for additional office space in the Big Apple, Facebook is heading for Hudson Yards. The social media and...
Business News

Former WeWork CEO Adam Neumann Eyes Park Avenue Penthouse

Sholom Schreirber -
By: Ellen Cans Former WeWork CEO Adam Neumann and his wife, Rebekah, are reportedly in search of a luxury apartment in the Big Apple’s Upper...
Business News

New Amazon Series Stars Al Pacino as Nazi War Criminal Hunter in America

Sholom Schreirber -
By Hellen Zaboulani There is a new Prime TV thriller series premiering in 2020. Academy award winner Jordan Peele will be directing a series on...
Business News

CBS Chief to Get $100M Severance & Keeps Job During Merger with Viacom

Administrator -
Acting Chief Executive Officer of CBS Corp is being taken care of when the company completes its merger with Viacom Inc, even though he...
New York News

Lower Manhattan Bldg That Housed the 9/11 Tribute Museum is Up for Sale

Sholom Schreirber -
By: Hellen Zaboulani The 9/11 Tribute Museum honoring the horrific attacks on NYC’s World Trade Center may be getting the boot, out of its current...
New York News

NYC Warehouse Space Booming Thanks to E-Commerce Firms

Sholom Schreirber -
By: Mike Mustiglione The amount of square feet devoted to warehouses across New York City is expanding rapidly, new research shows. Driven by e-commerce firms like...
New York News

Rent Control for Commercial Property Coming to NY

Sholom Schreirber -
By Howard M. Riell Brooklyn Councilman Stephen Levin is working on rent control for commercial locations. It would apply to office space, retailers and manufacturers. In...
Business & Technology

JP Morgan & Citigroup “Rejigging” Over the Weakness of Gold

Sholom Schreirber -
By Andy B. Mayfair Gold isn’t shining quite so brightly lately. Citigroup Inc. and JPMorgan Chase & Co. have each closed out their bets on gold. JPMorgan...
Business & Technology

After Failed IPO, WeWork Execs Now Face First Lawsuit

Sholom Schreirber -
By: Hadassa Kalatizadeh Shareholders of WeWork have filed the first lawsuit against the company’s executives, blaming them for the failed Initial Public Offering. This week co-founder...
Business News

JP Morgan & Citigroup “Rejigging” Over the Weakness of Gold

Administrator -
PMorgan said in a letter that “Signs of a cyclical recovery, easing geopolitical tensions, synchronized monetary easing, and defensive investor positioning across asset classes”...
Real Estate News

Real Estate Developer Ben Shaoul Sells UES Condo for $15.3M in Bitcoin

Sholom Schreirber -
By: Herosha Krishner Successful Iranian Jewish real estate developer Ben Shaoul has sold an Upper East Side retail condo for $15.3 million in Bitcoin. The landlord, whose...
News

Alex Ohebshalom Says New 5th Ave Hotel Will Dazzle Its Guests

Sholom Schreirber -
By: Shamus Sardu The developer of the soon to be 5th Ave Hotel, Alex Ohebshalom says his venture will be a transformative experience for the...
Business News

Google Plans to Purchase Health Product Company “Fitbit” for $2.1B

Administrator -
By Andy B. Mayfair Fitbit, Inc. has entered into a definitive agreement to be acquired by Google LLC for $7.35 per share in cash,...
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