ByHeart, the maker of the product, has been linked to an outbreak of illnesses among infants that led to their hospitalizations.
Policymakers at the central bank are at odds over the need to cut interest rates for a third straight meeting, as inflation picks up again and the labor market slows down.
The unemployment rate rose in September as more people looked for jobs, according to data delayed by the government shutdown.
The Carlyle Group and the Gotham Organization notched another victory at the Aire in Lincoln Square with a fresh round of financing. Natixis provided a $260 million floating-rate loan to refinance the luxury rental building at 200 West 67th Street, Crain’s reported. The refinancing will go toward apartment renovations, as well as updates to the fitness center and a terrace on the fourth floor with grills, a bar and a firepit. CBRE’s Lawrence Britvan and Michael Straw arranged the transaction. Previously, Carlyle and Gotham landed a $216 million bridge loan from MF1 Capital associated with their acquisition of the building. […]
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A family’s forgotten copy of Superman No. 1, from 1939, was $9.12 million, with fees.
The Securities and Exchange Commission has ended its investigation into Equinix, the data center REIT said Thursday morning.
Equinix, a cornerstone of digital infrastructure with more than 270 data centers across six continents, disclosed the investigation’s conclusion in an SEC filing. The SEC is not planning to refer the investigation into alleged stock manipulation for further action, like a lawsuit, the filing says.
The unemployment rate rose in September as more people looked for jobs, according to data delayed by the government shutdown.
Under Richard Grenell, the performing arts center has given steep discounts to CPAC and FIFA, signed contracts with administration associates and spent lavishly on friends.
Michael Shvo’s bitter battle with Core Club is getting uglier. Shvo is asking a Manhattan judge for permission to bar the club from stationing its security staff in the lobby of 711 Fifth Avenue to check in guests, a privilege Core Club has enjoyed throughout its escalating legal war with the developer. In a motion filed Thursday, Shvo describes the lobby check-in as a voluntary courtesy that is not written into the lease. “It is indisputable that the lease does not provide [Core Club] any right to that special treatment,” Shvo argues in court documents. Shvo served Core Club a […]
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While some Chetrits are facing serious charges tied to alleged tenant harassment, Michael Chetrit’s firm is having a better time of things, restructuring a troubled loan on the Upper East Side. The Chetrit Organization modified the $714 million debt backing the Yorkshire Towers at 305 East 86th Street and Lexington Towers at 160 East 88th Street, the Commercial Observer reported. The modification brings the CMBS loan current, waives guarantees in the original deal and pushes back the loan’s maturity date, previously scheduled for June 2027. The restructuring came after months of negotiations with lender Rialto Capital and subordinate debtholders based […]
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