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In Shadow of Manhattan, a Long-Neglected City Is Having a Moment
For years, downtown Newark’s Military Park, barren and surrounded by vacant buildings, was a symbol of the despair that set in after the 1967 riots. Now it’s at the center of hope that a long-sought recovery for New Jersey’s biggest city may finally be taking hold.
NYPD Commissioner Asks Congress to Pay for Trump Tower Security
Police Commissioner James O’Neill placed the cost for protection and crowd control at $25.7 million for the 75 days between Election Day and Trump’s Jan. 20 inauguration, down from $35 million Mayor Bill de Blasio had estimated.
How to Save a Dying Mall
The Hudson Valley Mall, nestled on a picturesque hilltop in Kingston, N.Y., looks like a pleasant place to spend an afternoon—from the outside. Inside, it just feels empty.
Sam Zell Joins Slew of Investors in 'Awesome' Stack Shale Play 1
Zell, founder of Equity Group Investments Inc., made an investment in the region two days ago and sees "awesome" prospects for the oil-producing area.
Floor Sags on Trump Building Stocks That Surged After Vote
Building and engineering stocks that initially soared on Trump’s pledge to rebuild U.S. infrastructure have headed back down to Earth, declining in each of the last three weeks.
AIG to Sell Stowe Mountain Ski Operations After Seven Decades
AIG will retain majority ownership of the base area, which includes a 312-room lodge, along with a country club and future development rights, according to statements Tuesday from the companies.
Toll Brothers to Pay Manhattan-Condo Taxes to Attract Buyers
Toll’s offer comes as Manhattan developers contend with a market brimming with costly condos and buyers tepid about committing.
Freddie Mac to Pay U.S. $4.5 Billion After Reporting Profit
Its core single-family guarantee business had comprehensive income of $2.2 billion and multifamily lending business made $1.6 billion for 2016. The company’s investment portfolio, which the company has greatly reduced since the bailout, made $3.4 billion.
Kushner’s Use of U.S.-Backed Apartment Loans Poses Conflict Risk
Yet Kushner Cos. has apartment buildings from New Jersey to Maryland with more than $500 million in government-backed mortgages financed by Fannie Mae and Freddie Mac.
Cabela's Deal Is Salvageable and Pessimism Is Overdone: Gadfly
It's been a little over four months since outdoor-gear retailer Cabela's Inc. agreed to a $5.5 billion takeover by closely-held rival Bass Pro Shops at a mammoth premium.
HHGregg Said Hiring Advisers as Retail Sector Woes Persist
HHGregg is turning to investment banks including Miller Buckfire & Co. for help as the electronics and furniture retailer battles weak sales.
When It Comes to Moving, Millennials Are Stuck in the Mud
They’re moving around significantly less than previous generations did at the same ages, according to Census data tabulated by Richard Fry, a senior researcher at Pew Research Center.
Sears May Still Look Alive, But It's Really a Zombie: Gadfly
Don't be fooled by Sears's latest stock surge: The retailer may have come back from the dead, but its pulse is long gone.
Payless Said in Negotiation With Lenders to Close 1,000 Stores
Payless is the latest retailer to find its back against the wall because of declining mall traffic as more and more customers shift spending to experience from shoes and apparel.
Deutsche Bank Analysts Say Time to Short CMBS as Retailers Ail
Analysts at Deutsche Bank AG, one of the biggest underwriters of bonds tied to U.S. commercial real estate, say now it’s time to short indexes of the securities.
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