23 September, 2016 by The TZ Newswire Staff Comments Off on Ben Shaoul scores $195M loan for 196 Orchard
Ben Shaoul scores $195M loan for 196 Orchard
Ben Shaoul’s Magnum Real Estate Group secured a $195 million senior construction loan from SL Green Realty for its new Lower East Side condominium project next to Katz’s Deli, sources told The Real Deal. The senior loan for the project at 196 Orchard Street replaces the existing $97 million loan that SL Green provided last year for pre-development and acquisition costs, sources said. The 11-story building will hold 96 apartments as well as about 50,000 … [more]
23 September, 2016 by The TZ Newswire Staff Comments Off on Pope Slams Rumor-Mongers, Journalists As "Potential Weapons Of Mass Destruction"
Pope Slams Rumor-Mongers, Journalists As "Potential Weapons Of Mass Destruction"
Doing nothing to dispel chatter of a papal push for a utopian totalitarian nightmare, Pope Francis seemed to suggest that freedom of speech was over-rated in an address he gave this week. Media that stereotype entire populations (like ‘Deplorables’?) and journalist fear-mongers are akin to “terrorists,” according to Pope.
23 September, 2016 by The TZ Newswire Staff Comments Off on Why Salesforce, Houghton Mifflin Harcourt, and Devon Energy Slumped Today
Why Salesforce, Houghton Mifflin Harcourt, and Devon Energy Slumped Today
The stock market fell on Friday, giving back a portion of its gains from earlier in the week. Poor performance in the energy sector continues to cause concern among investors, outweighing even the positive impact from more investor-friendly monetary policy from the Federal Reserve earlier this week than some had expected.
23 September, 2016 by The TZ Newswire Staff Comments Off on How Safe Is GameStop’s 5.3% Dividend Yield?
How Safe Is GameStop’s 5.3% Dividend Yield?
At current prices, GameStop (NYSE: GME) stock is paying a remarkably attractive dividend yield of 5.3%. The business seems financially solid for the time being, but revenue is moving in the wrong direction. This raises an important question: Is GameStop a buying opportunity for dividend investors, or will the company need to cut dividends in the future?
23 September, 2016 by The TZ Newswire Staff Comments Off on Melinda Gates: ‘Poverty is sexist’
Melinda Gates: ‘Poverty is sexist’
Melinda Gates, co-founder of the Bill & Melinda Gates Foundation, tells CNN’s Poppy Harlow why more women than men are living in poverty around the world, and how full family paid leave could help.
23 September, 2016 by The TZ Newswire Staff Comments Off on Yahoo is sued for gross negligence over huge data breach
Yahoo is sued for gross negligence over huge data breach
Yahoo was sued one day after the company said hackers stole information from at least 500 million accounts in 2014.
23 September, 2016 by The TZ Newswire Staff Comments Off on Amazon could reach $1,000 in 2018, expert predicts
Amazon could reach $1,000 in 2018, expert predicts
Amazon is a must-own stock for long-term investors and should be bought on any pullback, Robert Luna says.