NYC Real Estate News

Thu, 05/14/2020 - 12:02
Following the 9/11 terrorist attacks, hotel executive Jonathan Tisch mobilized the city’s tourism industry through the New York Rising campaign. Because people were afraid to fly after 9/11, the...

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Thu, 05/14/2020 - 11:58
U.S. homeowners hurt by Covid-19 were told they could delay their mortgage payments without facing consequences. Now some are learning they’re at risk of being shut out of the housing market. The...

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Thu, 05/14/2020 - 11:51
The biggest names in finance are coming around to a view that seemed unlikely a few weeks ago: Stocks are vastly overvalued. Legendary investors Stan Druckenmiller and David Tepper were the latest...

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Thu, 05/14/2020 - 11:32
This week on Small Business Lifeline, we are talking about heading back to work: How are small businesses across the nation preparing to reopen their doors? Every Thursday, Small Business Lifeline...

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Thu, 05/14/2020 - 11:00
Photo of West Hartford by Ragesoss on Wikimedia Connecticut restaurants, offices, hair salons, museums, and retail stores can open next week as part of the state’s first reopening phase–but expect things to look a little different. To be able to open on May 20, eligible businesses must follow strict rules, which include outdoor only service for restaurants and museums, capacity limits, facemask requirements, and restriction of social gatherings to five people. Connecticut’s decision comes as New Jersey will start to open on Monday and some upstate regions of New York get ready to reopen this weekend. Image courtesy of Gov. Ned Lamont’s […]
Thu, 05/14/2020 - 11:00

Jaws Acquisition, a company founded by Starwood’s Barry Sternlicht, has upsized its IPO after filing a prospectus earlier this week. The special purpose acquisition company plans to raise $600 million — up from $500 million — for a listing on the New York Stock Exchange Thursday, according to Bloomberg. According to SEC filings, the company won’t be in competition with Starwood Capital Group because it won’t target Starwood’s areas of real estate, lodging and energy

The post Barry Sternlicht’s Jaws Acquisition upsizes IPO to $600M appeared first on The Real Deal New York.

Thu, 05/14/2020 - 10:48
Coach and Kate Spade will reopen hundreds of their handbag and apparel boutiques as luxury brands slowly return to business after going dark for two months. Parent company Tapestry Inc., which also...

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Thu, 05/14/2020 - 10:48
Coach and Kate Spade will reopen hundreds of their handbag and apparel boutiques as luxury brands slowly return to business after going dark for two months. Parent company Tapestry Inc., which also...

To view the full story, click the title link.
Thu, 05/14/2020 - 10:30
Shou Sugi Ban House, a 13-room spa and resort in the Hamptons on Long Island, had been open only a year when its owner, Amy Cherry-Abitbol, shut it down in March. “In the winter, we have a shorter...

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Thu, 05/14/2020 - 10:30
Shou Sugi Ban House, a 13-room spa and resort in the Hamptons on New York’s Long Island, had been open only a year when its owner Amy Cherry-Abitbol shut it down in March. “In the winter, we have a...

To view the full story, click the title link.