March 2025

Margaritaville’s overseas lenders claim developers are on the hook for $94M 

Some South Korean investors have doubled down on their efforts to collect tens of millions of dollars in defaulted loans issued to Margaritaville hotel developer Sharif El-Gamal and his partners. Korean firm Global One Asset Management is asking a New York court to make El-Gamal and business partners Andrew and Stephen Weiss fork over $94

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Deals of the Day: March 28

Sales Brown Harris Stevens agent unloads Lenox Hill lot Address: 235 E. 77th St., ManhattanSeller: Craig FilipacchiBuyer: Maranga familySale price: $4.2 millionAsset type: Development site West Village landmark with storefront and apartment trades Address: 363 Bleecker St., ManhattanSeller: Kent LeoBuyer: Marc ShermanSale price: $4.6 millionAsset type: Mixed-useBrokers: Leslie J. Garfield & Co.’s Matthew Pravda, Matthew

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Elise Stefanik Is ‘Proud’ to Have Dream Crushed by Trump

Photo: Nathan Posner/Anadolu/Getty Images Over the past nine years, Elise Stefanik transformed herself from a Donald Trump critic into one of the president’s biggest cheerleaders. Her exemplary MAGA shilling was finally rewarded in November, when Trump announced that Stefanik would serve in his Cabinet as U.S. ambassador to the United Nations. Stefanik gave up her

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Former Citi CEO Sandy Weill Donates $50M to Unite Cancer Researchers

Sandy Weill, the former CEO of Citigroup, was lauded for his dealmaking abilities throughout his 50-year career on Wall Street. While the 92-year-old financier has since funneled his efforts into philanthropy since retiring in the mid-2000s, his eye for mergers remains—as evidenced by a new $50 million donation that will bring four institutions together to

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One Fine Show: ‘Cecily Brown, Themes and Variations’ at the Barnes Foundation

Cecily Brown composed of vivid swirling colors—primarily red, yellow, and black—with distorted, semi-figurative human and animal forms, inside a contemporary art gallery with wooden floors and white walls.” width=”970″ height=”647″ data-caption=’“Cecily Brown: Themes and Variations” brings together more than 30 paintings and drawings from across the artist’s career. <span class=”lazyload media-credit”>Image © Barnes Foundation</span>’> Welcome

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Wikipedia Built the Internet’s Brain. Now Its Leaders Want Credit.

Wikipedia, the world’s largest encyclopedia, is painstakingly human. Contributions to its pages are labored over and debated by hundreds of thousands of active volunteer editors—some so dedicated they compete to update celebrity deaths first. But in recent years the site has also emerged as a backbone of A.I., with its data increasingly relied upon by

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