by on 12 hours ago
The Domain Companies has sealed a $38 million financing package for its purchase of an industrial building in Gowanus, Brooklyn, according to an announcement from HFF, which arranged the financing. 420 Carroll Street in Gowanus Property records show that the largest share of the debt comes from CIT Bank, which contributed a $25 million floating-rate mortgage to the package. New York City-based Sherwood Equities chipped in a $13 million mezzanine loan, completing a debt package that r...
103 views 0 likes
by on Yesterday, 10:22 pm
One of Wall Street's most powerful 
executives is seizing the 
#MeToo moment Krawcheck and her team are working to empower women through finance. Sallie Krawcheck figured the day before the 2016 presidential election would be the perfect time to launch her newest venture, Ellevest, an investment firm specifically tailored to serve female clients. “We were going to have a female president,” Krawcheck recalled thinking at the time. As it turns out, President Donald Trump’s surprise vi...
98 views 0 likes
by on February 10, 2018
The pipeline industry is ramping up its campaign against activists. In Iowa, legislation backed by Energy Transfer Partners, the company behind the Dakota Access Pipeline, would criminalize peaceful protest. Former Iowa lawmaker Ed Fallon argues that “multiple acts of arson and vandalism against the pipeline in 2016 and 2017 provided the ostensible justification for this legislation, giving Energy Transfer Partners the cover it needed to push for a bill that has nothing to do with sabo...
101 views 0 likes
by on February 9, 2018
Hurricane Maria left her atelier without power. Her seamstresses lost everything and her house flooded. But Puerto Rican designer Stella Nolasco put tragedy behind her to bring a color and optimism to New York Fashion Week, laced with a clear political message. She was just starting to prepare for her fall/winter 2018 collection when the monster storm tore through the island on September 20, devastating the US territory and leaving Puerto Rico without power or telecommunications for months. ...
2k+ views 0 likes
by on February 8, 2018
This is a story about anger. This is a story about racism, twerking for change, single mothers, financial struggle, exhaustion, resistance, extortion, stigma, sex work, alienation, seeing the future and the past, knowing all the ways we are being screwed and getting dressed up anyway. Because we have rent, kids, student loans, a grandmother with dementia. This is a story about stripper pride. A selfie at work in a Jacq the Stripper Hat. (She has her own line: Strippersforever.com.) ...
103 views 0 likes
by on February 7, 2018
Each business owner can get up to 40 hours of free legal assistance. As more and more mom-and-pop shops are forced to make way for chain stores, the city is stepping in to offer some assistance. The city’s Department of Small Business Services has launched a free legal service to help small businesses with issues concerning their leases. Murray’s Cheese has been a Bleecker Street stalwart since the 1940s. “Small businesses are the economic heart and soul of this city and they deserv...
613 views 0 likes
by on February 2, 2018
A rescued miner gestures out a bus window A rescue operation is underway to release 955 workers from a gold mine in South Africa after a power cut left them trapped. A spokesman for the mine's operating company said on Friday morning that power had been restored to a lift to release them. The miners have been trapped underground since Wednesday night. South Africa is a leading gold producer, but safety in the industry is often questioned. The Beatrix mine is in Welkom town, ab...
43 views 0 likes
by on February 2, 2018
Billionaire Insys Therapeutics founder John Kapoor pictured leaving U.S. District Court in Phoenix in October 2017. New York is the latest state to sue opioid manufacturer Insys Therapeutics.  Attorney general of New York Eric Schneiderman announced Thursday that his office was suing Insys, alleging that the company carelessly marketed their extremely potent fentanyl spray Subsys. The complaint alleges that Insys told sales reps to get providers to prescribe higher and higher doses ...
101 views 0 likes
by on February 1, 2018
With U.S. President Donald Trump now in office, the campaign rhetoric that created anxiety and uncertainty around the globe is giving way to actual presidential policies. While candidate Trump did not elaborate much on his foreign policy agenda, he was very vocal about a few things: in addition to obliterating the self-proclaimed Islamic State and getting tough with China on trade, one of his highest priorities would be to “dismantle the disastrous deal with Iran.” The 2015 agreement that ...
175 views 0 likes
by on January 30, 2018
From left: Warren E. Buffett of Berkshire Hathaway, Jeff Bezos of Amazon and Jamie Dimon of JPMorgan Chase Amazon, Berkshire Hathaway, and JPMorgan Chase on Tuesday announced a partnership to cut health-care costs and improve services for their U.S. employees. The announcement slammed the shares of multiple companies in the health-care sector. The giant companies, which together employ more than 1.1 million workers, will launch an independent operation that's intended to be f...
814 views 0 likes
by on January 28, 2018
Dedicating a 31-kilowatt photovoltaic array at Rainshadow Community Charter High School, in Reno, Nevada.  Editor’s note: On Jan. 22, 2018, the Trump administration announced plans to impose punitive dutieson solar panels imported from abroad. This decision came in response to a complaint filed by two solar companies, but much of the industry opposes the action, which trade groups say will increase the cost of solar projects and depress demand. To illustrate what’s at stake, energy schola...
96 views 0 likes
by on January 16, 2018
A midnight deadline looms large for 1,100 workers at the Hunts Point Produce Market. Their three-year contract expires at the end of the day Tuesday, and Teamsters Local 202 President Daniel Kane Jr. said both sides remain far apart regarding a wage increase for the workers. He said management offered a 30-cent per hour pay raise, while union leaders want a dollar-per-hour increase. The union members voted unanimously Saturday to reject management's contract offer and authorize a strik...
61 views 0 likes