The Trump Organization was looking battered just last year. Its businesses had already been convicted of criminal fraud. It was hit with a civil judgment of more than $450 million. Its longtime chief financial officer had been incarcerated (twice). But as Donald Trump returns to the White House, his family real estate company is set […]
Trump real estate world poised for a revival Read More »
A Mexican banking scion and art collector has four months to decide if he wants to hang on to an Art Deco masterpiece, a 59-story office tower overlooking Bryant Park. Moisés Cosío Espinosa lost his father as a teenager, and his inheritance included 500 Fifth Ave., a soaring 700,000-square-foot tower developed in 1931 by the same
A cement company is the new owner of a property in Queens where it already has a location. SRM Concrete, a family-run firm based in Tennessee, has purchased 120-05 31st Ave. in College Point, Queens for $60 million, property records show. The company bought the site from the Long Island-based Ferrara family, which had purchased
Queens industrial site trades hands for $60M Read More »
Goldman Sachs Group handed its top two executives retention awards valued at $80 million each and launched a program to give its leaders a slice of carried interest earned on private equity funds as it tries to compete on pay with top alternative-asset managers. The retention awards are the second in just over three years
Goldman gives David Solomon $80M to stay put Read More »
Leases Perfume brand, medical aesthetics firm head to Cobble Hill Address: 232 Court St., BrooklynLandlord: SP Property 232 Court LLCTenant: Le LaboLease size: 1,000 square feetAsset type: RetailBrokers: Ripco Real Estate’s Hymie Dweck represented the landlord. Isaacs and Co.’s Nick Cowan represented the tenant. Address: 232 Court St., BrooklynLandlord: SP Property 232 Court LLCTenant: JECTLease
Deals of the Day: Jan. 17 Read More »
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The Supreme Court upheld a law that threatens to shut down the wildly popular TikTok social media platform in the U.S. as soon as Sunday, ruling that free speech rights must yield to concerns that Chinese control of the app creates a national-security risk. In a unanimous vote, the high court said Friday Congress acted
Supreme Court upholds law that threatens TikTok ban Read More »
Mayor Eric Adams will meet with Donald Trump on Friday to discuss New Yorkers’ priorities, the latest sign of cooperation between the embattled Democratic leader and the Republican president-elect who long called the city home. “Mayor Adams has made quite clear his willingness to work with President-elect Trump and his incoming administration on behalf of
Eric Adams plans pre-inauguration meeting with Trump Read More »
One of the biggest obstacles Andres Santos faced upon moving to the United States from Mexico for graduate school was signing up for a bank account. He tried to do it online but kept getting rejected, and when he visited a bank branch in person, he was asked to provide paperwork he didn’t have. The
Digital banking service appeals to recent, Spanish-speaking immigrants Read More »
If there were any lingering doubts that Eric Adams was serious about running for re-election while up against a federal prosecution, dismal approval ratings and a growing list of serious challengers, they weren’t on display earlier this month at the Apollo Theater. Adams’ annual State of the City address functioned as a warning shot to
Unpopular mayor lines up allies in hopes of an unlikely comeback Read More »
