A Fifth Circuit panel temporarily lifted a judge’s order that had blocked the administration from contacting platforms about most of their content.
When Nightingale Properties raised more than $50M in equity to acquire a massive Atlanta office complex last year, it was the highest-dollar campaign in real estate crowdfunding site CrowdStreet’s history.
Most of that money is now missing, an independent auditor told investors on Friday, alleging that Nightingale and its CEO, Elie Schwartz, misappropriated the funds.
San Francisco’s office market slid even further in the second quarter of 2023, clocking net negative 2.2M SF of absorption, making it one of the worst quarters on record for the market.
“That’s the third-worst quarter since record-keeping started at CoStar [in] 1997,” Transwestern Senior Research Manager George Entis said. “Big companies gave up big blocks of space, renewing for smaller spaces. That seems to be the trend.”
That 2.2M SF represents almost 10% of the total negative absorption experienced in the office market since early 2020. In that period, the market’s net negative absorption reached 20.3M SF, according to Transwestern’s Q2 report.
The big companies…
The U.S. territory wants JPMorgan to pay damages for failing to spot Jeffrey Epstein’s activities on the island.
The U.S. Virgin Islands filed the lawsuit last year alleging that the bank ignored red flags about Jeffrey Epstein’s behavior because he was bringing in wealthy clients.
A health agency warned the artificial sweetener may be a carcinogen, but others say that risk is overblown and consumers flock to the taste.
The S&P 500 edged lower for the day as bank earnings season kicked off, but finished the week with a broad-based 2.4% gain.
Inheritors subject to a new 10-year payout window don’t have to take required minimum distributions for 2023.
One research analyst downgraded AT&T; another estimated it could cost $59 billion to remove all the lead cables left behind by phone companies around U.S.
In Los Angeles and New York, actors and screenwriters braved the heat to admonish the major studios and demand a new deal.