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Friday, April 4, 2025
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CATEGORY

Business & Technology

New Amazon Series Stars Al Pacino as Nazi War Criminal Hunter in America

By Hellen Zaboulani There is a new Prime TV thriller series premiering in 2020. Academy award winner Jordan Peele will be directing a series on...

CBS Chief to Get $100M Severance & Keeps Job During Merger with Viacom

Acting Chief Executive Officer of CBS Corp is being taken care of when the company completes its merger with Viacom Inc, even though he...

Lower Manhattan Bldg That Housed the 9/11 Tribute Museum is Up for Sale

By: Hellen Zaboulani The 9/11 Tribute Museum honoring the horrific attacks on NYC’s World Trade Center may be getting the boot, out of its current...

NYC Warehouse Space Booming Thanks to E-Commerce Firms

By: Mike Mustiglione The amount of square feet devoted to warehouses across New York City is expanding rapidly, new research shows. Driven by e-commerce firms like...

Rent Control for Commercial Property Coming to NY

By Howard M. Riell Brooklyn Councilman Stephen Levin is working on rent control for commercial locations. It would apply to office space, retailers and manufacturers. In...

JP Morgan & Citigroup “Rejigging” Over the Weakness of Gold

By Andy B. Mayfair Gold isn’t shining quite so brightly lately. Citigroup Inc. and JPMorgan Chase & Co. have each closed out their bets on gold. JPMorgan...

After Failed IPO, WeWork Execs Now Face First Lawsuit

By: Hadassa Kalatizadeh Shareholders of WeWork have filed the first lawsuit against the company’s executives, blaming them for the failed Initial Public Offering. This week co-founder...

JP Morgan & Citigroup “Rejigging” Over the Weakness of Gold

PMorgan said in a letter that “Signs of a cyclical recovery, easing geopolitical tensions, synchronized monetary easing, and defensive investor positioning across asset classes”...

Real Estate Developer Ben Shaoul Sells UES Condo for $15.3M in Bitcoin

By: Herosha Krishner Successful Iranian Jewish real estate developer Ben Shaoul has sold an Upper East Side retail condo for $15.3 million in Bitcoin. The landlord, whose...

Alex Ohebshalom Says New 5th Ave Hotel Will Dazzle Its Guests

By: Shamus Sardu The developer of the soon to be 5th Ave Hotel, Alex Ohebshalom says his venture will be a transformative experience for the...

Google Plans to Purchase Health Product Company “Fitbit” for $2.1B

By Andy B. Mayfair Fitbit, Inc. has entered into a definitive agreement to be acquired by Google LLC for $7.35 per share in cash,...

Merchants Hospitality Closes on $38M Financing on Z Hotel in Queens

The Hotel is the Premier Lifestyle Hotel in Long Island City Edited by: JV Staff Merchants Hospitality, New York’s largest privately held hospitality company, has successfully...

SoftBank May Take $5 Billion Writedown to its Vision Fund

By: Elmer Salvino The word on the street is that SoftBank may decide to take a writedown to its Vision Fund of at...

SoftBank Values WeWork at Less than $8B as Rescue Operation Continues

By Clark Savage, Jr. The WeWork rescue operation appears to be focused on SoftBank Group Corp. right now, as it puts pencil to...

Partnership Led by Shvo, Bilgili Group & Deutsche Finance Begin Construction on 9200 Wilshire in Beverly Hills

Edited by: JV Staff The joint venture led by SHVO, Bilgili Group, and Deutsche Finance that owns the property at 9200 Wilshire Boulevard in Beverly...

PayPal Withdraws from Libra, Facebook’s Cryptocurrency Project

By: Ilana Siyance On Friday, PayPal announced that it is withdrawing from the Libra, Facebook’s cryptocurrency project.   In June, when Facebook first rolled out...

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