Midwood Group has landed $50 million of construction financing to build a multifamily project in Brooklyn, Commercial Observer has learned. Ponce Bank supplied the loan for the ground-up development of two contiguous apartment buildings with 99 units each at 937 East 108th Street and 951 East 108th Street in Brooklyn’s Canarsie neighborhood. SEE ALSO: Hudson…
The security situation in the Strait of Hormuz has returned to a “worse-case scenario” for oil tankers as Iran has repeatedly attacked ships over the past week, the CEO of a maritime risk services firm said. “We see the reduction of the volume of transits through the Strait of Hormuz and right now crews of…
NEW YORK, July 17, 2026 /PRNewswire/ — Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Erasca, Inc. (NASDAQ: ERAS) between January 14, 2025 and April 26, 2026, inclusive (the “Class Period”), of the important August 10, 2026 lead plaintiff deadline. So what: If you purchased Erasca common stock…
Securities and Exchange Board of India (SEBI) has introduced an investor-friendly measure by simplifying the mutual fund transmission process, making it easier for nominees and legal heirs to claim mutual fund units or redemption proceeds after the death of an investor. In a press release dated 17 July, the market regulator said it has advised…
Artificial intelligence may or may not take your job, but it has already broken into the human resources department and vandalized the org chart. The evidence is all over LinkedIn, where perfectly serviceable occupations now arrive wearing titles such as “forward-deployed and agentic AI architect.” That person may be building sophisticated software. They may also…
Key Points Meta’s plan to build more efficient AI compute capacity could be significant for shareholders. Meta’s forward P/E multiple lags behind those of most of its “Magnificent Seven” peers. Wall Street remains skeptical about Meta’s capital spending plans, yet the company continues to report robust ad revenue growth. 10 stocks we like better than…
The USD mixed to start the North American session. USD is strongest vs GBP and AUD. !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
A windfall in corporate profits for the country’s largest banks has led to billions in extra tax revenue for New York City, shrinking the city’s budget shortfalls although not nearly enough to fund Mayor Zohran Mamdani‘s progressive agenda. Processing Content Business tax revenue in June was about 50.9% higher than the same month in 2025,…
NEW YORK, July 17, 2026 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Badger Meter, Inc. (NYSE: BMI) between April 18, 2024 and April 16, 2026, inclusive (the “Class Period”), of the important August 3, 2026 lead plaintiff deadline. So what: If you purchased Badger Meter common…
After a year of caution, America’s industrial occupiers are once again taking leaps by signing megadeals. The tenants are backfilling the surplus of big-box warehouses that were built to meet projected post-pandemic demand before tariffs and a war in the Middle East reset market expectations. Deals for more than 500K SF are now driving activity in the sector, and users…