The fund-raising effort, the company’s third this year, values it at $11 billion, and comes amid stiff competition in the increasingly popular industry.
When you learn something new, you start to notice it all around you. I never paid attention to rain gutters until I bought new ones. Then I found myself looking at what other homes had. Trapezoidal or half-round? Five-inch or six-inch? Now, having recently read “Why Nothing Works” and “Abundance,” I constantly see examples of the government slowing down projects. The latest was another delay in the Brooklyn Marine Terminal megadevelopment. It was portrayed not as a setback, but as something to celebrate. And it was caused not by opponents of the plan, but by its alleged supporters. “We are […]
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Michael Dell and his wife, Susan Dell, plan to give away billions of dollars to fund investment accounts for children in the United States.
The deal with a company owned by Embraer gives Beta Technologies an additional source of revenue as it develops its own electric aircraft.
NYC is slated to get three casinos. The state board that approved the proposals, however, has some reservations. As largely expected, the Gaming Facility Location Board on Monday recommended that the remaining three casino proposals — Bally’s Bronx, Hard Rock Metropolitan Park and Resorts World New York City — receive state casino licenses. The board determined that awarding all three licenses “best advances the state’s long-term economic, fiscal and community objectives.” The proposals now head to the state Gaming Commission, which will ensure the applicants abide by New York’s licensing requirements. That assessment, as board Chair Vicki Been pointed out, […]
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The tech billionaire and his wife hope other philanthropists follow their $6 billion lead in expanding the reach of soon-to-be-created “Trump accounts.”
Next year, Michael and Susan Dell plan to move $250 into the new Trump accounts of millions of children under 10. You’ll need to live in the right ZIP code.
There were 183 deals totaling $422 million recorded in New York City before 4 p.m. on Monday, Dec. 1. 🏆 Residential: The top residential transaction recorded in New York was on the Upper West Side, where a sponsor unit at Sackman Enterprises’ 15 West 96th Street sold for $5.9 million. The unit measures nearly 2,700 square feet and has three bedrooms and three bathrooms. The buyer was William Mansfield. Compass Development Marketing Group and the Boyle Team are marketing the project. 🏆 Commercial: The top commercial deal recorded in the city was in Greenpoint. The Jay Group picked up a […]
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Gail Sankarsingh, a longtime New York City luxury agent, died Friday at the age of 57. Born in Trinidad, Sankarsingh moved to New York City in 1986 as a teenager and joined Douglas Elliman in 2007. Sankarsingh built her business with prominent Manhattan new development projects, including the historic Apthorp on the Upper West Side, the Baccarat Residences in Midtown and The Centrale in Midtown East, before pivoting in recent years to focus on resales. She consistently placed among the top-producing agents at her firm, earning fifth in gross commission income among individual Elliman agents in the city in 2017. […]
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The authorities arrested four people this week in the latest turn in the country’s effort to stop exploitative recordings