Prominent business and government figures spread rumors about the attack on Brown University’s campus this month, reigniting questions about accountability in online discourse.
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings.
In 2017, Leon Goldenberg filed an eviction case against a tenant who had stopped paying rent. I can’t tell you how the case turned out. More than eight years later, it’s still going. The increasing difficulty of collecting rent is one of the things Goldenberg wishes he had foreseen a decade ago. As the owner and manager of more than 2,500 units, many of them rent-stabilized, he would have gotten out before things got this bad. Goldenberg has been buying multifamily buildings in New York City since 1983. He jokes that he now owns properties in every borough, plus Staten […]
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There were 131 transactions totaling $203 million recorded in New York City over the past 24 hours before 2 p.m. on Wednesday, Dec. 24. 🏆 Residential: The top home sale recorded in New York City was in the Flatiron District. Heidi and Max Garfield, both attorneys, snapped up a co-op at 876 Broadway for $4 million. The seller was Andrew Weissmann, also an attorney who served as a lead prosecutor in Robert Mueller’s Special Counsel Office and is an MSNBC/NBC legal analyst. The two-bedroom pad has two and a half baths and went on the market in March for $4.6 […]
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New technologies are complicating efforts to teach the scrolling generation to think critically and defensively online.
Shares of Tesla have hit new highs on optimism about the company’s self-driving taxis. But experts say Tesla is far behind Waymo, which has a big head start.
Nvidia will license Groq’s technology and hire its top executives, adding to the Silicon Valley giant’s heft in artificial intelligence chips.
BXP is struggling on the stock market, but a turnaround could lead to a nice Christmas bonus for chief executive officer Owen Thomas… in 2029. The leader of the developer was granted a bonus from the board of directors that could be worth as much as $25 million, Crain’s reported. To receive the full amount, however, Thomas will need to make up significant ground on the stock market. After making close to $14 million last year, largely in stock, the board granted Thomas additional equity through an “outperformance plan” on Monday. The grant would convert to company stock once the […]
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Next year, a seller is setting his sights on a record sale for Shelter Island. Interior designer Ben Broughman, senior creative director at Jonathan Adler, listed the Osofsky House at 4 Dawn Lane for $18 million, the Wall Street Journal reported. That would smash the local record, a nearly $13 million sale on the waterfront two years ago. The modernist home was designed more than a half-century ago by famed architect Norman Jaffe. The 5,100-square-foot, six-bedroom home is on a nearly two-acre property off of Gardiner’s Bay. Broughman and his then-partner, British media entrepreneur Waheed Alli, purchased the property from […]
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It’s beginning to look a lot like construction financing for Joel Schwartz just in time for Christmas. The Southside Units developer landed a $72 million loan for a multifamily project at 236 Gold Street in Downtown Brooklyn, the Commercial Observer reported. BridgeCity Capital provided the financing for the 14-story development. The financing comes at an 80 percent loan-to-cost ratio. The term is for 18 months with multiple options for extensions. BridgeCity director of originations EJ Ehrlich said in a statement that the deal reflects a “commitment to financing high-quality, ground-up projects where strong sponsorship and market fundamentals intersect.” Southside did […]
This article originally appeared on The Real Deal. Click here to read the full story.