Tony Malkin is shuffling the deck of his property portfolio, one building at a time. Empire State Realty Trust is marketing 1359 Broadway for sale, the Commercial Observer reported. A source familiar with the listing told the publication that the 22-story, 486,000-square-foot property could go for $225 million, which would work out to $463 per […]
Public relations executives who promote buildings and transactions to investors, potential buyers and the media say artificial intelligence has rewired their jobs over the past few years — compressing workflows from weeks to days. But it has also complicated how they track effective strategies. Marketing processes have been upended as AI adoption becomes mainstream and more […]
National affordable housing nonprofit Reinvestment Fund is undergoing a leadership shake-up, with two executives departing to pursue independent consulting ventures. Ira Goldstein spent 27 years with the Philadelphia-based nonprofit, most of them as president of policy solutions, before leaving last month to launch IJG Urban Advisors. Ira Goldstein “I felt like the team that I had built, the […]
Asia-pacific Images Studio | E+ | Getty Images The Federal Reserve sets national interest rate policy. But the U.S. central bank isn’t the only major player in this arena: Bond investors also have a big influence on consumers’ borrowing costs. Many types of consumer loans — such as mortgages and auto loans — often peg […]
A penthouse in the clock tower at 108 Leonard Street finally sold for $16.2 million. The triplex atop the Tribeca building, once the headquarters of New York Life Insurance, closed after finding a buyer in October, according to Elena Sarkissian, one of the agents representing sales at the project. The deal works out to roughly […]
Intercontinental Exchange, Inc. has published the June 2026 ICE First Look report, which examines trends in mortgage delinquency, foreclosure, and prepayment. The analysis revealed that early-stage delinquencies continued to be low as new default activity decreased. Significantly, new FHA defaults experienced their most substantial annual decline in over four years. Key Findings from the June […]
Thailand’s Department of Special Investigation (DSI) has arrested a senior executive linked to an alleged forex investment fraud, as a cross-agency investigation expands into the country’s political sphere. A sitting Member of Parliament is among 22 people now being questioned as investigators examine the alleged political links of the scheme after a court declined to […]
September arabica coffee (KCU26) today is up +4.00 (+1.29%), and September ICE robusta coffee (RMU26) is up +57 (+1.54%). Coffee prices today rebounded higher after falling sharply on Thursday. NY Sep coffee today edged to a new 2.5-week low, but then rebounded higher on some apparent pre-weekend short-covering following the sell-off earlier this week. Don’t […]
Jakub Porzycki | Nurphoto | Getty Images Paramount Skydance has agreed to delay its proposed acquisition of Warner Bros. Discovery to as late as June 2027 — a multi-month delay that will ultimately raise the deal price — as the tie-up faces a legal challenge. Last week, a group of state attorneys general led by […]
The S&P 500 Index ($SPX) (SPY) today is down -0.06%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.17%. September E-mini S&P futures (ESU26) are down -0.10%, and September E-mini Nasdaq futures (NQU26) are down -1.19%. A sell-off in chip stocks is putting downward pressure on the overall […]