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Read previewSalvador Dalí is now a lobster phone call away. The bot speaks with grandiose, flowery language, often injecting references to surrealism, dreams, life, and death — subjects the real Dalí explored on the canvas. Because of its guardrails, it tends to be more upbeat than the real Dalí may have been in certain situations, Ludvigsen said. As for whether Dalí would approve of his likeness being used, AI Dalí told BI that becoming digitized is a "splendid metamorphosis." And Dalí scholar Elliott King told NPR he believes the late artist may enjoy knowing his voice will live on through his lobster phone.
Persons: , Dalí, Salvador Dalí, Goodby Silverstein, Martin Pagh Ludvigsen, Silverstein, Ludvigsen, There's, Marilyn Monroe, we'll, Monroe, Drake, Tupac Shakur, Kendrick Lamar, Elliott King, King Organizations: Service, Business, Partners, Southwest, NPR Locations: Florida, South, Texas
Recent inflation reports spooked investors, sparking a sell-off on Wednesday, but defensive stocks could provide some stability the next time markets get rocky. Those fears have contributed to a pullback in the market, with the S & P 500 slipping around 1% since the start of April. Investors could consider rotating into more defensively focused names to prepare for market volatility. Roper, on the other hand, has struggled this year, with the software stock's shares falling slightly in 2024. He said this week that Coterra was the firm's only buy-rated name in the natural gas exploration and production space.
Persons: technology's, ServiceNow, LSEG . Roper, LSEG, Roper, TJX, Coterra, Josh Silverstein, Silverstein Organizations: Federal Reserve, Investors, CNBC, Beta, CNBC Pro, Roper Technologies, Nasdaq, Coterra Energy
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVacant office space isn't going to be solved by conversion to residential, says Marty BurgerMarty Burger, Infinity Global Real Estate Partners CEO and former Silverstein Properties CEO, joins 'Squawk Box' to discuss the commercial real estate market, where he sees opportunities in the sector, the impact of Fed's rate cuts, and more.
Persons: Marty Burger Marty Burger Organizations: Estate Partners, Silverstein Properties
Ray Francis, Celebrating Blackness
  + stars: | 2024-02-22 | by ( Blake Gopnik | ) www.nytimes.com   time to read: +1 min
In the late 1970s, in Montreal, photography students were obsessed with getting deep blacks — “max black” — in our prints, squeezing the full range of tones out of our black-and-white photo paper. Few of us realized there might be more to blackness than a lack of light. We didn’t understand that in the right hands, the deep, deep blacks might speak to far more than a darkroom technique — to issues of race and segregation. Four hundred miles south of us, in New York, Ray Francis was printing shots that had the bold shadows we were striving for. Thirty-two of his prints are on view now in “Waiting to Be Seen: Illuminating the Photographs of Ray Francis,” at the Bruce Silverstein gallery in Chelsea, a posthumous show that is Francis’s first solo presentation.
Persons: Ansel Adams moonrise, Ray Francis, , Bruce Silverstein Locations: Montreal, New York, Chelsea
The farm cost Buffett $280,000, a bargain after the 1980s bubble in farm prices burst, leaving many Iowa and Nebraska banks saddled with sour loans. NYU retail The second investment Buffett discussed was a New York retail property that he co-purchased in 1993 through an introduction by Larry Silverstein, Salomon Brothers' landlord when Buffett briefly stepped in as the investment bank's CEO. "If you don't feel comfortable making a rough estimate of the asset's future earnings, just forget it and move on." Key to investing Through telling stories of such specific assets, the legendary investor taught his followers that what matters the most to any investment is its future earnings. If you don't feel comfortable making a rough estimate of the asset's future earnings, just forget it and move on," Buffett said.
Persons: Warren Buffett, Buffett, Berkshire Hathaway, Larry Silverstein, Salomon Brothers, Benjamin Graham, Charlie Munger Organizations: Apple, New York University, Federal Deposit Insurance Corporation, Buffett, NYU, NYU wasn't, Columbia University Locations: Nebraska, New, Manhattan, Omaha, Iowa, New York
The settlement also would shield the Stamford, Connecticut-based pharmaceutical company's wealthy Sackler family owners from lawsuits brought by opioid victims. A U.S. bankruptcy court approved that restructuring plan in 2021. Lawsuits against Purdue and Sackler family members accuse them of fueling the opioid epidemic through deceptive marketing of its pain medication. They said in May that the bankruptcy settlement would provide "substantial resources for people and communities in need." The administration also has said Sackler family members withdrew $11 billion from Purdue before agreeing to contribute $6 billion to the opioid settlement.
Persons: OxyContin, Sackler, Department's, Joshua Silverstein, Silverstein, Joe Biden's, John Kruzel, Dietrich Knauth, Will Dunham Organizations: Purdue Pharma, WASHINGTON, U.S, Supreme, Purdue, U.S ., District of Columbia, University of Arkansas, Justice Department, Thomson Locations: Stamford , Connecticut, United States, U.S, Little, New York
Bernstein named Taiwan Semiconductor a "best idea" for 2024, raising its price target on the stock. — Alex Harring 7:01 a.m. In addition to the best-pick honor, analyst Steve Scala has an outperform rating and $86 price target. Analyst Michael Lavery downgraded the stock to neutral from overweight and slashed his price target by $40 to $200. ET: Morgan Stanley hikes PDD price target, calls stock a top pick following earnings Morgan Stanley named Chinese e-commerce name PDD Holdings a top pick following its latest quarterly earnings report.
Persons: Bernstein, Morgan Stanley, LSEG, Bank of America's Tal Liani, Morgan Stanley's Hamza Fodderwala, Alex Harring, Craig Siegenthaler, Blackstone, That's, — Alex Harring, Ken Hoexter, Hoexter, TD Cowen, Steve Scala, Scala, Jefferies, John Colantuoni, bode, Colantuoni, Neil Beveridge, Josh Silverstein, Silverstein, JMP, Baldwin, Mitch Germain, Germain doesn't, Germain, Piper Sandler, Michael Lavery, Lavery, elasticities, HSY's, Hershey, Eddy Wang, Wang, Mark Li, Li, — Fred Imbert Organizations: CNBC, Taiwan Semiconductor, Holdings, Wall, Bank of America, Bank of America's, KKR, Apollo Global Management, Pacific, Transport, AstraZeneca, pharma, Airbnb, Toyota, UBS, Exxon Mobil, Natural Resources, Exxon Mobil's, Hershey, PDD, U.S, LSEG, Commerce, PDD's U.S, Apple, Huawei Locations: Tuesday's, Ivory Coast, Ghana, 4Q23, Taiwan, China
Jazmine Hughes, an award-winning New York Times Magazine staff writer, resigned from the publication on Friday after she violated the newsroom’s policies by signing a letter that voiced support for Palestinians and protested Israel’s siege in Gaza. Jake Silverstein, the editor of The New York Times Magazine, announced Ms. Hughes’s resignation in an email to staff members on Friday evening. That letter, which was also signed by other contributors to The Times, protested the newspaper’s reporting on transgender issues. Ms. Hughes joined The Times in 2015 and worked as an editor and writer for the magazine. The petition Ms. Hughes signed about the Israel-Hamas war was published online last week by a group called Writers Against the War on Gaza.
Persons: Jazmine Hughes, Israel’s, Jake Silverstein, Hughes’s, ” Mr, Silverstein, Hughes, Ms, Viola Davis, Whoopi Goldberg, , Jamie Lauren Keiles Organizations: New York Times Magazine, The New York Times Magazine, The Times, Times, American Society of Magazine Locations: Gaza, Israel
The facade of seasonal Halloween decor store Spirit Halloween at a shopping center in Dublin, California, on Aug. 23, 2018. Smith Collection | Archive Photos | Getty ImagesHalloween is over, and your local Spirit Halloween is about to become a ghost town. The retailer opened a record 1,506 stores this season, up more than 50 stores from 2022, Spirit Halloween told CNBC. These become opportunities for Spirit Halloween, then, as the company pays to use the abandoned space for the Halloween season. Drew Richardson | CNBC"We have built great relationships with our real estate partners over the years," a representative for Spirit Halloween told CNBC.
Persons: it'll, Steven Silverstein, Silverstein, Drew Richardson, Maria, Jane, Neil Saunders, Saunders, Lana, I'm Organizations: Spirit, Spencer Spirit Holdings, Halloween, CNBC, Rite, CVS, Harmon, CVS Pharmacy, National Retail Federation Locations: Dublin , California, It's, New York, Manhattan's, New York City, New, Brooklyn Heights, Russia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpirit Halloween CEO: The company's strategy is to seek temporary three-month leasesSpirit Halloween CEO Steven Silverstein joins 'The Exchange' to discuss consumer spending for Halloween, concerns in the real estate market, and more.
Persons: Steven Silverstein
Office vacancies are at a 30-year high as WFH continues after the pandemic. But the White House initiative will make more than $35 billion available from existing federal programs in the form of grants and low-interest loans to encourage developers to convert offices into residential. Office vacancies stand at a 30-year high of 18.2%, according to research by CBRE. AdvertisementAdvertisementThe White House hopes the initiative will alleviate both these problems, creating more housing and revitalizing the commercial real estate sector. Conversions are faster than new construction, 20% cheaper, and produce fewer greenhouse gas emissions, the White House added.
Persons: , Joe Biden's, Biden, Silverstein, Lael Brainard Organizations: Biden Administration, Service, Resources, Department, Transportation, CBRE, National Association of Realtors, It's, National Economic Council, ABC News Locations: Manhattan, New York, San Francisco, It's
Silverstein Properties Parts Ways With CEO Marty Burger
  + stars: | 2023-10-26 | by ( Peter Grant | ) www.wsj.com   time to read: 1 min
Marty Burger had been chief executive of Silverstein Properties since 2014. Photo: etienne laurent/ShutterstockSilverstein Properties, best known as the developer of New York City’s World Trade Center, has replaced its longtime chief executive with Lisa Silverstein, the daughter of chairman and founder Larry Silverstein . Employees were told of CEO Marty Burger ’s departure on Wednesday, according to people familiar with the matter.
Persons: Marty Burger, etienne laurent, Shutterstock Silverstein, Lisa Silverstein, Larry Silverstein, Marty Burger ’ Organizations: Silverstein Properties, Trade, Employees Locations: York
If you're not shopping for a new office right now, you might be missing out. With vacancies rising, many office landlords are doing whatever it takes to get leases signed, including dropping rents. Risa Letowsky, the co-chair of Adler & Stachenfeld LLP leasing practice group, told Insider that flexibility is the difference between successful and struggling landlords right now. See below for a list of the 10 top perks that office landlords are offering. Flexible lease lengthsThe traditional office lease is eight to ten years.
Persons: Risa Letowsky, aren't, Letowsky, Mike Watts, Andrew Lustgarten, Michael T, Cohen, Franklin Wallach, Carlos Avila Gonzalez, they're, Lustgarten, Watts, Matt Petit, Michael Lirtzman, Lirtzman Organizations: Adler, Stachenfeld, it's, Colliers, San Francisco, Getty, Silverstein Locations: Los Angeles, New York City, San Francisco , California, LA, Chicago
Hamas and Black Lives Matter in Chicago
  + stars: | 2023-10-17 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones, silverstein Locations: chicago, israel
Now may be the time to shop for an office lease. As office vacancies soar to record highs in some markets, office landlords often have no choice but to find new and creative ways to attract new clients. "When you have 55-year-old managing partners of a law firm looking for office space, and they see the golf simulator, they get pretty excited," he said. Long-term leases, which usually feature landlord-financed renovations to the office space, are now being offered with lease-termination options. Office landlords without access to this capital level are often left with only one lever: renting below market price.
Persons: Michael Cohen, Michael Lirtzman, Anthony Tahlier, Andrew Lustgarten, Lirtzman, Sterling, Lustgarten, it's, Matt Petit, Goldman Sachs, Risa Letowsky, Letowsky, Watts, Tishman Speyer, aren't, That's, Cohen, they've, he's, hasn't Organizations: Colliers, Kastle Systems, West Chicago, Sterling Bay's, Century, El, New, Palm, Chase, Wall, JPMorgan, Deutsche Bank, Adler, Stachenfeld, Silverstein, Lawyer Locations: Chicago, Bian, Sterling, Los Angeles, New York, Miami, Liberty, Chase Manhattan, Alamo, CBRE, Los Angeles and New York, LA, United States
Here's a look at what Exxon is getting in Pioneer and how Wall Street is reacting to the deal. Piper Sandler analyst Ryan Todd also pointed to Chevron as a company that could feel added pressure from Exxon's acquisition of Pioneer. Exxon's Denbury deal, for example, seeks to capitalize on a carbon capture, utilization, and storage (CCUS) company on the Gulf Coast and Rocky Mountain regions. What it means for Exxon's stock Piper Sandler's Todd maintained his overweight rating on Exxon on Wednesday and praised the Pioneer deal. However, Exxon's stock was down 3% in early trading Wednesday, while Pioneer rose just 1%, suggesting others are less sure.
Persons: Warren Buffett, Darren Woods, John Silverstein, Woods, We're, Biraj Borkhataria, Piper Sandler, Ryan Todd, Exxon's, Piper Sandler's Todd, RBC's, Borkhataria, — CNBC's Michael Bloom Organizations: Exxon Mobil, Natural Resources, Exxon, Mobil, Denbury, Occidental Petroleum, UBS, Pioneer, EOG, APA Corp, RBC Capital Markets, Chevron, CVX, RBC Locations: United States, West Texas, New Mexico, Midland, Gulf
At the same time, a new cottage industry of black-market moped brokers has emerged to serve — and sometimes prey upon — the newest migrants, who arrive with little money, no bank account and no tax ID or Social Security number. He makes deliveries all over Manhattan and into Brooklyn, sometimes as many as 30 a day. For each order, Uber Eats pays him a fee determined by an algorithm, about $4 on average; customers can add a tip through the app. “Jessica” receives all his earnings as a direct deposit into her bank account, and then hands over his payments and tips in cash, minus the fee. Mr. Milano had to borrow money from another migrant to cover his moped rental.
Persons: Mr . Milano, Jessica, , Uber, Jessica ”, Milano Organizations: Mr Locations: Venezuela, United States, Venezuelan, Manhattan, Brooklyn
Like many PeerStreet investors who spoke with Insider, Mincher has a strong résumé. Another form of crowdfunding, equity crowdfunding, works a bit like the stock market without the onerous and expensive process of initial public offerings. The PeerStreet investors who spoke with Insider said the outcome of this case could determine whether they stick with real-estate crowdfunding. Others, such as Fundrise, have moved away from crowdfunding in favor of a model for private real-estate investment trusts, similar to the BREIT later offered by Blackstone. Fritton, the former Patch of Land CEO, said Fundrise's fund model was the wave of the future for real-estate crowdfunding.
Persons: Michael Burry, Christian Bale, Burry's, Crowdfunding, Burry, Andreessen Horowitz, they're, Braun Mincher, PeerStreet, who've, Judge Laurie Selber Silverstein, Brew Johnson, he's, Braun, Mincher, , it's, Michael Burry Astrid Stawiarz, Ian Ippolito, Ippolito, John McNellis, PeerStreet Ippolito, McNellis, El, Marc Andreessen, Phil McCarten, Silverstein, wouldn't, Sean Quinn, Doug Lyon, Lyon, that's, Jason Fritton, Kirk Brett, there's, Brett, iFunding, CrowdStreet, Nightingale's Elie Schwartz, Nightingale, Schwartz, Yieldstreet, Fritton Organizations: CNBC, Main, PeerStreet, Facebook, McNellis Partners, Funding Trust, Fairfield University, Magnetar, Adler, Securities and Exchange Commission, Department of Justice, Securities, Exchange Commission, SEC, Investors, Blackstone Locations: Delaware, El Segundo , California, crowdfunding, There's
Hawaiian Electric CEO Shelee Kimura received a cash bonus in 2022 based on her performance against 10 measures including profit and customer satisfaction. Wildfire risk mitigation was not on the list, according to the utility’s pay disclosures. Wildfire risk had been a concern for several years before the blaze ripped through Lahaina, a historic resort town in Maui. Idacorp declined to comment on its pay practices and how they relate to wildfire mitigation. “You don’t want a wildfire disaster to be the catalyst for a change in public policy,” said Glazer, who supports linking executive pay to wildfire mitigation.
Persons: Mike Blake, , Alison Silverstein, Shelee Kimura, Kimura, , Michael Cerasoli, Michael Underhill, Brian Buckham, ” Buckham, Idacorp, Larry Glazer, Glazer, Tim McLaughlin, Tom Hals, Peter Henderson, Noeleen Walder, Rich Valdmanis, Marguerita Choy Organizations: Workers, REUTERS, Hawaiian Electric, U.S . Federal Energy Regulatory, Electric, Hawaii Wildfire Management Organization, San Diego Gas &, Global Renewable Energy Income Fund, Reuters, Capital Innovations, SEC, Portland General Electric Co, Boston’s Mayflower Advisors, Thomson Locations: Lahaina, Maui, Hawaii, U.S, California, Honolulu, Maui ., Idaho , Oregon, Washington, Idaho
Hints of a progressive Californian spirit were soon in evidence, as composers started appearing onstage at Symphony Hall in Boston to introduce their works, and the atmosphere began to feel more engaged. But Samuel lasted a mere 18 months, stepping down in January for reasons that are still not clear. Smith, who for a long time was the adventurous Philharmonic’s programming guru, is hugely respected, and his hiring is cause for excitement, if some trepidation. In addition, Elizabeth Rowe, the principal flutist whose distinctive, ever-so-slightly melancholy tone has defined the sound of the modern Boston Symphony, has announced that she will leave her position next year. She sued the orchestra in 2018 to secure pay equal to that of the oboist who sits to her left, John Ferrillo.
Persons: Mark Volpe, Gail Samuel, Samuel, Chad Smith, Smith, Malcolm Lowe, Lowe, Joseph Silverstein, Richard Burgin, Alexander Velinzon, Elita Kang, Tamara Smirnova, Elizabeth Rowe, John Ferrillo Organizations: Boston Symphony, Los Angeles Philharmonic, Symphony Hall Locations: Boston, Angeles, North America
One Florida teacher told Insider she feels like she has to be careful about what she says for the first time in her 15-year career. "I think it kind of puts any kid in Florida at a disadvantage," the teacher told Insider. A day later the Florida teacher's union accused DeSantis of using an "extremist agenda" to censor the AP Psychology course. the AP Psychology teacher in Broward asked. The teacher said AP Psychology also helps students get mental health information they wouldn't have access to otherwise.
Persons: wasn't, Shel Silverstein, Peter Licata, Ron DeSantis, DeSantis, it's, I've Organizations: Board, Service, College Board, AP, The Washington Post, AP Psychology, Florida Florida Gov, Florida State, of Education Locations: Florida, Wall, Silicon, Broward County, The Washington Post . Broward County, Florida Florida, Broward
Coach is the new 'cool girl' brand for Gen Z
  + stars: | 2023-08-10 | by ( Grace Mayer | ) www.businessinsider.com   time to read: +3 min
After years of sluggish sales, Coach is seeing regained interest from Gen Z consumers. Gen Z increased its spending on Coach by 10% so far this year, according to a new report. According to a consumer spending report from Earnest Analytics, consumers under the age of 25 increased their spending on the Coach brand by 10% from January through June of this year. Once self-touted as "accessible luxury," Coach has since updated that message and its offerings to reinvent itself. In doing so, it hoped to tap into Gen Z and Millennial shoppers' values and re-elevate its luxury status.
Persons: Gen, Lil Nas, Earnest, Camila Mendes, Joon Silverstein, Coach's, Silverstein, Z, Todd Kahn, Nas X, Kate Spade, Stuart Weitzman, Michael Kors, Jimmy Choo, Versace Organizations: Service, Vogue Business, Business, Fashion, Capri Holdings, Capri Locations: Wall, Silicon, Riverdale, American, York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere will be a lot of office spaces converted into residential living: Silverstein CEO Marty BurgerMarty Burger, Silverstein Properties CEO, joins 'Closing Bell Overtime, to talk the state of commercial real estate, converting office spaces to residential spaces and more.
Persons: Silverstein, Marty Burger Marty Burger Organizations: Silverstein Properties
These agreements allow developers to build larger towers and earn more revenue in exchange for providing public spaces. “Developers received something that was disproportionately valuable,” said Jerold S. Kayden, a lawyer and professor of urban planning and design at Harvard University and an advocate for keeping privately owned public spaces open to the public. Bonus Building Space The additional space that developers received is often far larger than the public spaces they provided. Here are the 392 buildings with privately owned public spaces. The violations fall under three main categories:Reduced Access In 2021, the plaza at 835 Sixth Avenue was fenced off.
Persons: Jonathan J, Miller, Richard J, Roddewig, , Jerold, Kayden, Gale Brewer, ” Ms, Brewer, , Larry Silverstein, Mr, Silverstein, Melissa Grace, David Rubenstein Organizations: of Buildings, Advisory Services, , Harvard University, New York’s Department of City Planning, Municipal Art Society of New, The Times, greenwich, madison, Database, New York City Department of City Planning, Department, Environmental, Buildings, Department of, Planning, City, The, of City Planning, Department of City Planning, Wall, Lincoln Center, Times, MANHATTAN BRONX, Yorkers, Real, Board, New, Google Locations: New York City, Central, Municipal Art Society of New York, pennsylvania, greenwich, lincoln, , Manhattan, MANHATTAN BRONX QUEENS BROOKLYN, New York, AKAM, Brooklyn
I have a friend who says her favorite way to read poetry is in quotation, as isolated lines in paragraphs of prose, such as in this column. You can’t have a personal, favorite part, the way I have a favorite part of “Prufrock” (which changes over time). Some of what’s in “Little Poems” does have a one-and-done feel. Short poems can be facile because they are short — they’re not wasting much of your time, so get over it. It’s unsatisfying in the way of all short unsatisfying poems; the end of any poem is a reward, but bad short poems satisfy too soon.
Persons: Michael Hennessy, Julian the, John Keats, ” Ben Lerner, “ Prufrock, Shel Silverstein, Lawrence, Lawrence — Locations: Sappho, , D.H
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