Nvidia invests in Cloverleaf, fueling data center infrastructure expansion.

Eight decades before the #MeToo groundswell, she took MGM to court after alleging she was attacked at a studio party in 1937.

The duchess’s representatives have had exploratory talks about her joining a third season of “The Gentlemen,” two people said. Netflix has not yet ordered a third season of the show.

Invesco is cutting its fees for investors that have no redemption requests for its Invesco Core Real Estate-USA fund.

Decades after its doors shut, the famed Grossinger’s Catskill Resort Hotel is about to get a spark of life from a Florida developer. Ari Pearl’s PPG Development submitted planning documents with the town of Liberty for a mixed-use project at the Sullivan County site, the Times Union reported. The plans emerged a year after the company purchased the vacant land for $14.75 million. Plans for the campus, spread across more than 1,000 acres, include 100 hotel rooms, 175 luxury private residences, two golf courses, a polo and equestrian center, a farm, a sports complex, restaurants and a spa and wellness […]

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One of the 21st century’s most prominent landowners has added a nearly 200-year-old estate to his holdings. Archival information says it can take “a brisk walk of 4½ minutes to reach the dining room from the kitchen.”

A series of challenges across its portfolio has put the future of American Strategic Investment Company in serious doubt. The firm, formerly known as New York City REIT, is in danger of slipping into bankruptcy in the next 12 months, Bisnow reported. The company raised “substantial doubt” over its ability to remain in business, according to filings with the Securities and Exchange Commission. The biggest issue facing the company is the $140 million debt backing 123 William Street, a Class B office building in the Financial District. The loan, set to mature in March, backs a building ASIC has been […]

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A new lawsuit is taking issue with Compass’ market share in Manhattan, claiming the residential giant is making an unfair dent in the rental market.  Two New York City renters filed a complaint this week in the U.S. District Court for the Southern District of New York, who claim that Compass’ marketing strategy, which involves withholding homes from appearing on public-facing sites like Zillow and its local subsidiary, StreetEasy, has led to sky-high rents in the city.  The suit, which seeks class-action certification, alleges that Compass’ behavior, coupled with its market share, violates antitrust laws.  The complaint, filed by Peter […]

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Cattle ranchers have trimmed their herds in response to drought and low margins, helping push up the cost of another American staple food.

A lawsuit to roll back New York’s rent freeze will move from Staten Island to Manhattan. Judge Ralph Porzio of Richmond County, a Republican, handed down the decision in the case Friday.  Plaintiffs, landlords who own rent-stabilized units, had originally filed the case in Richmond County. But the city successfully convinced a judge that the venue was improper and the case should be heard in Manhattan. The city argued that Manhattan was the appropriate venue because the board made its decision and held hearings in New York County. The transfer means the Mamdani administration will face a potentially friendlier audience […]

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