14 July, 2017 by The TZ Newswire Staff Comments Off on The design district? More than 100 architecture, engineering firms relocated to Lower Manhattan
The design district? More than 100 architecture, engineering firms relocated to Lower Manhattan
After more than 30 years in Soho, CetraRuddy — the architecture firm behind luxury condominium One Madison — decided to head south. By the end of the year, the firm plans to move to Rudin Management and Allianz Real Estate of America’s One Battery Park Plaza — just about as far south in Manhattan as a company can go without hitting the water. Nancy Ruddy, co-founding principal of the firm, noted that Soho has dramatically […]
14 July, 2017 by The TZ Newswire Staff Comments Off on Bullish Technical Picture Re-Established
Bullish Technical Picture Re-Established
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Two days of gains have helped re-establish the bullish technical picture for tech indices, Nasdaq and Nasdaq 100. While the improvement was welcomed it didn’t come without a price.
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14 July, 2017 by The TZ Newswire Staff Comments Off on Citigroup Beats on 2Q, Despite Trading Slip
Citigroup Beats on 2Q, Despite Trading Slip
Citigroup results came in better than expected for the second quarter, the firm said Friday, buoyed by growth in emerging markets and its overall loan portfolio.
Earnings were $1.28, compared with the Street at $1.21, and revenue was also above the Street at $17.9 billion, versus $17.5 billion expected. The overall revenue growth came as North America’s top line was up five percent and emerging markets were up 10 percent.
14 July, 2017 by The TZ Newswire Staff Comments Off on Brooklyn Standard, Cohen Commercial buy 10-building Bronx portfolio for $27M
Brooklyn Standard, Cohen Commercial buy 10-building Bronx portfolio for $27M
Brooklyn Standard Properties and Cohen Commercial Properties picked up a 10-building Bronx multifamily portfolio for $26.5 million, the firms told The Real Deal. The investment firms partnered to buy the buildings, which contain a total of 104 rental units, in the borough’s Fordham/Belmont neighborhoods. The companies purchased the sites from development firm L.A.L. Property Management Corporation. The addresses are 2460-2468 and 2490 Belmont Avenue, 2463 and 2481 Hughes Avenue, and 2454 and 2464 Hoffman Street. […]
14 July, 2017 by The TZ Newswire Staff Comments Off on Low-Vol Stocks Vulnerable to a Correction
Low-Vol Stocks Vulnerable to a Correction
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Meanwhile, some analysts have been warning in recent months that low-vol stocks climbed too far too fast and are vulnerable to a correction.
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14 July, 2017 by The TZ Newswire Staff Comments Off on “Million Dollar Listing NY”: The woke broker
“Million Dollar Listing NY”: The woke broker
On this week’s episode of “Million Dollar Listing New York,” Steve learns how to play nice with others, Ryan is haunted by the broker who was fired from a Chelsea condo project, and Fredrik considers the price of gentrification in New York City. Here’s where we left off: Boring is better! No gimmicks. No naked people in body paint. And definitely no Lady Gaga. Ryan’s known to go a little (okay — way, way) over […]
14 July, 2017 by The TZ Newswire Staff Comments Off on Stock Market Has Volatile Session on Thursday
Stock Market Has Volatile Session on Thursday
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The stock market indices had a volatile session.
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