The measure, known as Proposition 50, is an attempt to counter a push in Republican-led states to redraw congressional districts.

The technology supplier said it was shifting its focus to higher-growth businesses, including A.I. consulting and software.

More than three years after filing building permits, the Irgang Group is ready to get going on a multifamily project in Harlem. Dwight Mortgage Trust originated a $70 million construction loan for the development at 33-35 West 125th Street, the Commercial Observer reported. The proceeds of the financing will go towards construction costs and the establishment of an interest reserve. A Meridian Capital Group led by Simon Rosenfeld and Ariel Taieb arranged the financing for the joint venture, which includes Pramukh Realty. Back in the spring of 2022, Irgang filed plans with the Department of Buildings to build an approximately […]

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Steven Roth opened Vornado Realty Trust’s Election Day third-quarter earnings call with politics. “The election in New York City with the prospect of a Democrat socialist mayor has attracted enormous attention,” Roth said. “I’m an optimist and believe that everything will work out for the best. Importantly, with respect to the prospect of a Mamdani mayoralty, we have not seen any pullback or hesitancy in space demand from our customers. In fact, the opposite.” The Vornado chairman and CEO stayed upbeat as he turned to the topic of real estate. Manhattan’s office market has entered what he called “the third […]

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As New Yorkers headed to the polls Tuesday, Vornado Realty Trust CEO Steve Roth got on the phone to reassure Wall Street about the favorite to become the city’s next mayor.
“The election in New York City, with the prospect of a Democrat Socialist mayor, has attracted enormous attention,” Roth said Tuesday morning on the company’s third-quarter conference call.

A year after its previous proposal was rejected, MCB Real Estate has upped the ante in its bid to purchase Houston-based shopping center owner Whitestone REIT. 

The president suggested earlier in the day that he would withhold food stamp payments despite a court order mandating the administration pay partial benefits.

The company, which publishes more than 200 local newspapers across 42 states, is adopting the name of its flagship publication.

Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.

Once pitched as dispassionate tools to answer your questions, A.I. chatbots are now programmed to reflect the biases of their creators.