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☆ An Office Tower Sold for $8.5 Million. It Was Once Worth 40 Times That.
▼ + stars: | 2024-08-01 | by ( Matthew Haag | ) www.nytimes.com time to read: +1 min

In 2006, the hulking office building at 135 West 50th Street in Midtown Manhattan sold for $332 million. Tenants occupied nearly every floor; offices were in demand; real estate was booming. On Wednesday, it changed hands again, in an unusual online auction — for $8.5 million. Several large Manhattan office buildings have sold in recent years at steep discounts, some going for less than half of what the previous owners paid, in a market that has yet to hit rock bottom. But office developers and sales brokers in New York City said they could not recall another large Manhattan building like 135 West 50th that had been sold for so little.

Organizations: Tenants, Sports Locations: Midtown Manhattan, New York City, United States, Manhattan

☆ 2 Officers Shot on Lower East Side in Street Chase of Robbery Suspect
▼ + stars: | 2024-08-01 | by ( Christopher Maag | Chelsia Rose Marcius | ) www.nytimes.com time to read: +1 min

A gunman shot two police sergeants who were trying to arrest him minutes after an armed robbery in a mahjong parlor on the Lower East Side in Manhattan on Thursday, Police Department officials said. Both were in stable condition, said Chief Kenny, who was joined at the news conference by Mayor Eric Adams. The sergeant who was grazed will be released from the hospital on Thursday night, and the sergeant who was shot in the groin will be held overnight for observation. A man, Joshua Dorsett, 22, was taken into custody at the scene, Chief Kenny said. Around 4:15 p.m., the police responded to a 911 call regarding a man on the second floor of a building on Canal Street near Eldridge Street, Chief Kenny said.

Persons: Joseph Kenny, Kenny, Eric Adams, Joshua Dorsett, Dorsett Organizations: Police, Bellevue Hospital Locations: Side, Manhattan, Eldridge

☆ Here's why Amazon's messy second quarter doesn't change our outlook on the stock
▼ + stars: | 2024-08-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

With AWS humming and management identifying more ways to lower its cost to serve, Amazon's profitability story is still intact. Olsavsky said the profitability of North America stores improved quarter over quarter, driven by further improvements in its cost to serve. The company expects net sales of $154 billion to $158.5 billion, an increase of 8% to 11% year over year. The high end of guidance captures the consensus of $158.2 billion, but it's a miss on the analysts' consensus of $156.25 billion. Management expects operating income of $11.5 billion to $15 billion, which at a midpoint of $13.25 billion misses the consensus of $15.34 billion.

Persons: hasn't, Andy Jassy, Jassy, There's, Brian Olsavsky, Olsavsky, it's, Jim Cramer's, Jim Cramer, Jim, Michael Kappeler Organizations: Revenue, LSEG, Walmart, Target, Microsoft, Web Services, AWS, North, Amazon, Management, CNBC, Getty Locations: North America, Manhattan

☆ We’re Taught to Hate Hypocrisy. We Shouldn’t. - The New York Times
▼ + stars: | 2024-07-31 | by ( Lydia Polgreen | ) www.nytimes.com time to read: +7 min

Don’t Tell My Friends, But… is a seriesin which we asked Times columnistswhateveryone else is wrong about. At worst, it is hypocrisy, a clear felony compared with my misdemeanor hypocrisy. But I understand the appeal of calling out what looks like hypocrisy when we see it, especially now. To give hypocrisy a pass, one might argue, is to slide down a slope toward having no principles at all. In these merciless political times we should focus our minds on the true betrayals that really matter.

Persons: Mitch McConnell’s, Barack Obama, Donald Trump, Alexandria Ocasio Cortez, Israel, “, Ocasio, Cortez, Israel —, Ralph Waldo Emerson, Emerson, Mitch McConnell, Al Capone Organizations: Nova, Israel, AIPAC Locations: Manhattan, Brooklyn, Gaza, Ukraine, Sudan

☆ Secret Service detains man for incident involving security detail for Harris’ stepdaughter
▼ + stars: | 2024-07-31 | by ( Betsy Klein | ) edition.cnn.com time to read: +1 min

CNN —The US Secret Service protective detail of Vice President Kamala Harris’ stepdaughter Ella Emhoff was involved in an incident Tuesday in which a man caused damage to two of her protective detail’s vehicles in New York City. The man was detained by USSS with New York authorities putting him in police custody. “Secret Service Agents quickly detained the individual until local authorities arrived and placed the individual into police custody,” Byrne said. “At no point was any protectee in danger as a result of this incident.”Spokespeople for the vice president and second gentleman did not immediately respond to CNN’s request for comment. It’s not the first incident involving a USSS protectee’s vehicle.

Persons: Kamala Harris ’, Ella Emhoff, ”, James Byrne, Donald Trump –, Kimberly Cheatle, ” Byrne, “, ” Spokespeople, It’s, Joe Biden’s, Naomi Organizations: CNN, Service, United States Secret Locations: New York City, “, Manhattan, New York, Georgetown

☆ ‘Earthalujah!’: A Rebel Pastor Preaches for the Planet
▼ + stars: | 2024-07-31 | by ( Cara Buckley | ) www.nytimes.com time to read: 1 min

The preacher stood wild-eyed before his flock, swaying to a gospel choir. His pompadour stood tall, his voice was thunderous, and his all white suit perfectly matched the heeled white loafers he was wearing on his feet. Behind them hung a 14-foot high photo of Earth, the very reason this preacher, choir and congregants had gathered in a converted storefront in Manhattan’s East Village one Sunday in July. “We’re all aware at some level in our bodies that the Earth is off the charts,” Mr. Talen intoned to the 70 or so people there. “We are living inside of the time right now that they have been warning us about.”

Persons: pompadour, Billy Talen, “, ” Mr, Talen intoned, ” Locations: Manhattan’s

☆ At Home With - Kecia Lewis
▼ + stars: | 2024-07-31 | by ( Joanne Kaufman | ) www.nytimes.com time to read: +1 min

“It had to feel peaceful, because I have to be able to pray,” said Ms. Lewis, 59, a native New Yorker now based in Atlanta. “I have stayed in places where it was not peaceful, and I have moved out. On one visit, she stayed at an Airbnb in New Jersey, and then an Airbnb in Queens. “But once we knew we were going to Broadway, I wanted to find something in the city,” Ms. Lewis said. Not too close to Midtown, but not so far as to make for a burdensome commute to the stage door.

Persons: ”, Kecia Lewis, Miss Liza Jane, Lewis, “, Ms Organizations: Broadway Locations: Manhattan, New Yorker, Atlanta, “ Chicago, New Jersey, Queens, Midtown

☆ A 26-year-old software engineer who splits his time between NYC and SF explains how he makes it work financially — and his 4 takeaways from bicoastal living
▼ + stars: | 2024-07-31 | by ( Christine Ji | ) www.businessinsider.com time to read: +8 min

He splits his time between San Francisco and New York City, with a few other pit stops in between. AdvertisementThe bicoastal playbookIn late 2021, Kaushik's San Francisco apartment lease was coming up for renewal. During this time, he received an average of $3,350 a month from renting out his apartment in San Francisco. The same thing is true for San Francisco — Kaushik leaves the West Coast during the summer months where there's a lot of activity going on. But being bicoastal also gives him the option to stay in touch with friends who've moved out of San Francisco.

Persons: Anirudh Kaushik, Kaushik, I've, playbook, Kaushik's, he's, He's, I'm, — Kaushik doesn't, he'd, hadn't, It's, bicoastal, San Francisco — Kaushik, who've Organizations: Service, San Francisco and New, Business, San Locations: San Francisco and, San Francisco and New York City, America, Kaushik's San Francisco, San Francisco, East Coast, New York, Paris, Mexico, York, In New York, Brooklyn, Manhattan, Coast, San Francisco and New York

☆ Starbucks' turnaround takes an encouraging step forward. Here's what we what to see next
▼ + stars: | 2024-07-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

Starbucks Why we own it : Starbucks has one of the most recognizable brands of any restaurant. Like Starbucks, McDonald's has had a challenging 2024 and the company reported uninspiring results — missing on revenues, same-store sales, and earnings per share. Quarterly commentary Comparable store sales in North America — a key restaurant industry metric — fell 2%, slightly beating estimates of a 2.2% drop forecasted by Wall Street analysts, according to FactSet. In Starbucks' international segment, comparable store sales fell 7%, missing estimates of a 5.1% decline. A Starbucks store stands in Manhattan on January 30, 2024 in New York City.

Persons: Elliott, Elliott Management's, Dunkin, McDonald's, We'd, Laxman Narasimhan, We're, Narasimhan, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Starbucks, Revenue, Elliott Management, Bros, McDonalds, Citi, Wall Street, CNBC, Getty Locations: China, North America, U.S, East, Southeast Asia, Europe, Manhattan, New York City

☆ The inside story of John Roberts and Trump’s immunity win at the Supreme Court
▼ + stars: | 2024-07-30 | by ( Joan Biskupic | ) edition.cnn.com time to read: +13 min

This exclusive series on the Supreme Court is based on CNN sources inside and outside the court with knowledge of the deliberations. Justices weren’t in a hurry to hear the caseThe immunity case first arrived at the justices’ door in December. Perhaps, she hoped to influence lower court judges to read the Roberts opinion as more flexible for a future prosecution. It was a particularly extreme section of Roberts’ opinion – decided by the kind of 5-4 vote the chief justice usually tried to avoid. He fully joined Roberts’ opinion but then questioned the constitutionality of the special counsel’s office.

Persons: John Roberts ’, Donald Trump, Roberts, justice’s, admonishing Trump, Bush, Clinton, ”, Trump, ” Roberts, Jack Smith, Fischer, Samuel Alito, Roberts tersely, Clarence Thomas, weren’t, Smith, Adam Feldman, Jake Truscott, EmpiricalSCOTUS, Roberts ’, Ronald Reagan, George H.W, Brett Kavanaugh, George W, Reagan, SCOTUS, Roe, Wade, Dobbs, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Barrett, Trump’s, –, Thomas, Thomas ’, Aileen Cannon, Trump . Thomas Organizations: CNN, Republican, Trump, Manhattan, Capitol, U.S . Capitol Police, New England Law Boston, Jackson, Health Organization, Liberal, Trump . Locations: Trump, Washington, rejoinder, United States, Galway, Ireland, Iran, Colorado

☆ P&G stock deserves to be down after a messy quarter — but not by this much
▼ + stars: | 2024-07-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Despite that, P & G had a spotty quarter, which could give fuel to investors worried that a deterioration in the consumer would make its guidance harder to achieve. Nevertheless, P & G still fills an important role in a diversified portfolio, and its business is on solid footing. That includes North America, where organic sales grew 4%, and Europe, where organic sales increased 2% despite a difficult 12% comparison in the year-ago period. That helps explain how you get organic sales in China down 9%, albeit a slight sequential improvement from the 10% drop in the third quarter. It saw a mid-single digit decrease in organic sales because of market-share losses for its Luvs diapers.

Persons: Gamble, Stanley Black, Decker, Procter, Jim Cramer, Andre Schulten, Jon Moeller, Jim, it's, Jim Cramer's, Andrew Kelly Organizations: Procter, Revenue, LSEG, Procter & Gamble, Colgate, Palmolive, Unilever, Federal Reserve, SK, Care, CNBC Locations: U.S, Western Europe, North America, Europe, China, Japan, Middle, Manhattan , New York City

☆ Here's how much apartment space $1,500 a month can get you in 20 major U.S. cities
▼ + stars: | 2024-07-30 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

The apartment search website set out to determine how much apartment space renters across the United States can get for just $1,500 a month. The report found that more than half of the top 20 major cities offering the most space for that amount are in the Southeast and Southwest. Renters in major coastal cities like New York and Boston are sacrificing square footage and shelling out equal amounts in monthly rent, data shows. Texas has three locations where renters can get the most space for just $1,500— Lubbock, El Paso and Corpus Christi. Major cities in California top the list of places that offer the least amount of space for $1,500.

Organizations: Corpus Christi Locations: United States, Southeast, New York, Boston, Wichita , Kansas, Manhattan , New York City, Texas, Lubbock, El Paso, Corpus, California

☆ Museums closed Native American exhibits 6 months ago. Tribes are still waiting to get items back
▼ + stars: | 2024-07-29 | by ( Associated Press | ) edition.cnn.com time to read: +6 min

NEW YORK AP —Tucked within the expansive Native American halls of the American Museum of Natural History is a diminutive wooden doll that holds a sacred place among the tribes whose territories once included Manhattan. The doll, also called Nahneetis, is just one of some 1,800 items museum officials say they’re reviewing as they work to comply with the requirements while also eyeing a broader overhaul of the more than half-century-old exhibits. We need them close.”Sean Decatur, the New York museum’s president, promised tribes will hear from officials soon. The American Museum of Natural History, he noted, is one of New York’s major tourism draws and also a mainstay for generations of area students learning about the region’s tribes. He suggests museums use replicas made by Native peoples so that sensitive cultural items aren’t physically on display.

Persons: ”, Joe Baker, ” Sean Decatur, Lance Gumbs, ” Gumbs, “ There’s, ” Gordon Yellowman, ” Yellowman, “, Bridgette Russell, Todd Mesek, Nicole Rura, Chuck Hoskin, Baker, ” Baker Organizations: American Museum of, American, Protection, Lenape, York, Eastern, Northwest Coast Hall, Cheyenne, Arapaho Tribes, New, Field, Repatriation, Cleveland Museum, Harvard, Peabody Museum’s, Cherokee Nation, Peabody, Cherokees, Delaware Nation Locations: Manhattan, Delaware, Eastern Woodlands, Great, Decatur, New, Oklahoma, New York, Nebraska, Chicago, America, Ohio, Alaska, American, “, Ontario

☆ As litigation flares against Michael Shvo's property empire, his German backers feel the heat
▼ + stars: | 2024-07-29 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +9 min

This story is available exclusively to Business Insider subscribers. Advertisement"For no reason, I felt targeted in a very toxic and vulgar way," Goodman previously told Business Insider. In a previous response to Business Insider, Shvo said he had no recollection of that call. The Goodmans also named the Mandarin Oriental hotel brand as a defendant, stating that 685 Fifth Avenue's "service standards are severely lacking and in no way Mandarin Oriental caliber." A spokeswoman for Mandarin Oriental did not immediately respond to a request for comment.

Persons: —, Michael Shvo, Shvo's, Shvo, Shvo –, John Goodman, Diane, Belinda Burgmeier, Burgmeier, Goodman, Jennie Enterprise, Enterprise, Serdar, Bilgili, BVK, Rainer Komenda Organizations: Service, Business, Universal Investment, Deutsche Finance, Core, Shvo, BVK, Core Club, Bilgili, San Locations: Manhattan, New York, Munich, San Francisco, Milan, Italy, Turkish, BVK, Wabash, Chicago, Shvo, Raleigh, Los Angeles

☆ Think N.Y.C.’s Roads Are Crowded? Good Luck on the Sidewalks.
▼ + stars: | 2024-07-29 | by ( Lola Fadulu | ) www.nytimes.com time to read: +1 min

This is Street Wars, a weekly series on the battle for space on New York’s streets and sidewalks. Any New Yorker who regularly walks around the city quickly learns which sidewalks are a pleasure to navigate and which are more like obstacle courses. Some are wide enough to stroll two, maybe three people across. Some are so narrow and crowded that it’s easier to just walk in the street, despite the danger. He was able to track those factors using data from the city and images from dash cameras used widely by ride-share drivers.

Persons: Matthew Franchi Organizations: Yorker, Cornell University Locations: Queens, Manhattan, Brooklyn, Staten Island, Bronx

☆ Francine Pascal, Creator of ‘Sweet Valley High’ Book Series, Dies at 92
▼ + stars: | 2024-07-29 | by ( Clay Risen | ) www.nytimes.com time to read: +1 min

Francine Pascal, a former soap-opera scriptwriter from Queens who conjured up an entire literary universe among the blue-eyed cheerleaders and square-jawed jocks of suburban Los Angeles, most notably in her long-running and mega-best-selling “Sweet Valley High” series of young-adult novels, died on Sunday in Manhattan. Her daughter Laurie Wenk-Pascal said the death, at NewYork-Presbyterian Hospital, was caused by lymphoma. With covers instantly recognizable by their varsity-style lettering and soft-focus illustrations, “Sweet Valley High” books enraptured a generation of teenage readers with the lives of Elizabeth and Jessica Wakefield, identical twins attending high school in the fictional Los Angeles suburb of Sweet Valley. The twins are “the most adorable, dazzling 16-year-old girls imaginable,” Ms. Pascal told People magazine in 1988. They, and the books, are also strikingly innocent: Even as the thoughtful Elizabeth and the scheming Jessica clash over boys, friends and spots on the cheerleading team, drugs, alcohol and sex barely permeate the 181 titles in “Sweet Valley High,” or the scores of others in the spinoffs — and the spinoffs of spinoffs — from the series.

Persons: Francine Pascal, Laurie Wenk, Pascal, Elizabeth, Jessica Wakefield, Ms, Jessica Organizations: Presbyterian Hospital Locations: Los Angeles, Sweet, Manhattan, NewYork, Sweet Valley

☆ This biographer exchanged emails with Bernie Madoff from prison for a decade. Here’s what he learned
▼ + stars: | 2024-07-28 | by ( Annie Nova | ) www.cnbc.com time to read: +10 min

Richard Behar Courtesy: Lizzie CohenYou probably haven't heard Bernie Madoff's name in awhile, but that doesn't mean the infamous fraudster's story is over, or the pain he inflicted. Irving Picard, an 83-old court-appointed trustee, still spends his days trying to claw back money from the those who benefitted from Madoff's Ponzi scheme, and to reduce the staggering losses of others. 'Prison was a great relief for him'AN: How did Madoff say life in prison changed him? In prison, he'd typically wake up in his cell at around 4 a.m., make coffee in bed with an instant hot water machine, then read, or listen to NPR until breakfast. RB: Bernie said he was under constant stress over the Ponzi, and would talk out loud to himself sometimes in the office, because of the pressure.

Persons: Richard Behar, Lizzie Cohen, Bernie Madoff's, Irving Picard, Madoff, Elie Wiesel, Ruth, he's, Behar, Richard Behar's, Mark, MADOFF, BERNARD L, he'd, Annie Nova, I've, I'm, scammers, —, Bernard Madoff, Stephen Chernin, I'd, Bernie, Chris Hondros, wasn't, Picard, John Moscow, Irving, Picard isn't, It's Organizations: CNBC, Behar's, Forbes, Manhattan Federal, Getty, NPR, SEC, Manhattan Locations: North Carolina, New York City

☆ 33-year-old commutes from New York City to the Hamptons every summer to nanny: ‘The best job I’ve ever had’
▼ + stars: | 2024-07-28 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

Swanson has been working as a live-in nanny in the Hamptons since 2020. On July 1, the 33-year-old posted a 90-second clip on her account @meredithgswanson walking people through a day in her life as a nanny in the Hamptons. "I was stunned," says Swanson, who started vlogging about nannying in the Hamptons over a year ago. Every family she's worked with in the Hamptons has loaned her a car for the summer, which is how she commutes. Care.com puts the average rate for a live-in nanny in East Hampton at $26.33 an hour.

Persons: Swanson, Meredith Swanson, nannying, I've, she's, Summers Organizations: Hamptons, Broadway Locations: New York City, Manhattan, nannying, nannied, East Hampton

☆ I got my master's degree and have 5 freelance gigs, but I still can't make ends meet. I rely on my parents for financial support.
▼ + stars: | 2024-07-27 | by ( Averee Nelson | ) www.businessinsider.com time to read: +4 min

But I was shocked when I was met with judgment for still being on my dad's phone plan. Each sales associate jokingly asked if I was on my family's phone plan, and I sheepishly admitted I was. So, they're happy to help me by letting me stay on the family phone plan and sharing their streaming services with me. Related storiesMany of my friends moved back in with their parents after college to save money, and I've debated doing the same thing. I'm grateful that my family is so supportive, and just knowing that makes me work harder to meet my goals.

Persons: I've, sheepishly, we'd, It's, I'm, it's Organizations: Service, Columbia Journalism School, Pew Research Locations: New York, Manhattan

☆ Sober bars find their footing as mocktails and alcohol free drinks rise in popularity
▼ + stars: | 2024-07-27 | by ( Scottie Andrew | ) edition.cnn.com time to read: +13 min

He and other sober bar impresarios believe bars should be community hubs where you can have fun without imbibing anything alcoholic. Sober bars are social hubs without alcoholA sober bar usually looks and feels like any other. In 2022, Nielsen IQ reported that 82% of people who buy non-alcoholic drinks are still buying beverages that contain alcohol. Sober bar customers aren’t always soberMarshall, who has been sober for 17 years and is also a substance use counselor, built Sans Bar for people in recovery. Sober bars are still risky businessOpening any brick-and-mortar business is a gamble, but sober bars face considerable challenges in staying open, said Marshall, who advises prospective sober bar owners.

Persons: Chris Marshall, ”, Marshall, Burnet, ” Marshall, Abby Ehmann, Michael M, Ehmann isn’t, “, Ehmann, It’s, ” Ehmann, she’s, Lux Heljardóttir, Dylan Kapit, ” Kapit, they’re, Ruby Warrington, “ We’re, Ian Blessing, isn’t, ” Mata, Leah Wright, Mata, Wright’s, aren’t, ‘, ’, ” Warrington, Lucky Organizations: CNN, Bar, Food, Getty, Pabst, “, Gallup, Nielsen, Michelin, Manhattan Locations: curacao, Austin , Texas, New York, Los Angeles, Orlando, Sacramento, Atlanta, Omaha, New, Hekate, ” Warrington, Napa Valley

☆ Food delivery fees are rising, and everyone's feeling the pinch
▼ + stars: | 2024-07-27 | by ( Justine Fisher | ) www.cnbc.com time to read: +11 min

Third-party food delivery is becoming the norm for American consumers, as delivery apps like Grubhub, DoorDash and Uber Eats take hold in day-to-day dining. It's also presenting customers and restaurants with an increasingly complicated equation of service fees, delivery costs and worker tips. San Francisco resident Zainab Batool, who said she orders delivery from either Uber Eats or DoorDash weekly, called the added fees "insane." The share of consumers choosing third-party delivery services over direct restaurant delivery is rising, up from 15% in 2020 to 21% in 2024, according to Technomic's 2024 Delivery & Takeout Consumer Trend Report. But using their delivery services instead of paying for in-house delivery is worth it for a business on the smaller side, he said.

Persons: Luiz C, Ribeiro, Uber, It's, Zainab Batool, Batool, Gordon Haskett, Grubhub, it's, DoorDash, Covid, Spencer Platt, they've, Shelle Santana, Lindsey Nicholson, Tony Scardino, Pizza, He's, Scardino, Meredith Sandland, Ann, Phillis Engelbert, Engelbert, Gabby Jones Organizations: Ribeiro | New York Daily News, Tribune, Service, Getty, Gordon Haskett Research Advisors, Companies, U.S . Mobility, Uber, Bentley University, Grubhub Marketplace, UCG, Amazon, Bloomberg Locations: Manhattan, Ribeiro |, Francisco, Amsterdam, California, New York City, U.S, Canada, Illinois, Chicago, Ann Arbor , Michigan, Detroit

☆ Trump will no longer send out his statements of worth
▼ + stars: | 2024-07-27 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

"Based on discussions with the Trump Organization, my understanding is that the Trump Organization does not intend to develop any estimations of value for any entity, the Trump Organization as a whole, or the guarantors' collateral," Jones wrote. Donald Trump no longer intends to calculate his own net worth for financial statements, this excerpt from a new report reveals. He has issued these net-worth statements — 20- to 30-page balance sheets formally called Statements of Financial Condition — since at least 2004. The firm declared the whole previous decade's worth of net-worth statements unreliable in 2022, saying it would stop preparing them. New York attorney general's officeThroughout the decade's worth of net-worth statements, Trump ignored generally accepted accounting principles, the AG and judge found.

Persons: —, Letitia James, Donald Trump, Trump, Barbara Jones, Jones, Arthur Engoron, James, Donald Trump's, Forbes, it's, Engoron, James ' Organizations: Service, New York, Business, Trump Organization, Trump, Forbes, Buffalo Bills, Deutsche Bank, Mazars, Post Locations: Washington ,, Mazars USA, Miami, Chicago, Manhattan, . New York, New York

☆ The noon-to-4 is the new 9-to-5 for driving commuters, but it's not helping traffic congestion
▼ + stars: | 2024-07-27 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

Read previewAfter roads went eerily quiet during the early months of the pandemic, traffic is back with a vengeance. New remote and hybrid work schedules and a rise in car ownership in recent years have transformed traffic and congestion patterns. New York City had the worst congestion of any city in the world in 2023, the INRIX report found. AdvertisementNew York City had the worst congestion of any city in the world in 2023, the INRIX report found. While the population of New York City residents rose 1.4% between 2012 and 2021, the number of registered passenger vehicles rose by 12%.

Persons: —, INRIX, Bob Pishue, COVID, Pishue, Declan Gill Organizations: Service, Business, New, People Locations: Dallas, New York, Manhattan, New York City, York City, Yorkers

☆ You See Rubble and Garbage. She Sees New York’s Next Great Park.
▼ + stars: | 2024-07-27 | by ( John Leland | ) www.nytimes.com time to read: +1 min

The area under the Brooklyn Bridge in Lower Manhattan is a forbidding swath of rubble and construction equipment, cut off from the sky by six lanes of clattering bridge traffic. To most of the world, it communicates a single message: keep out. To Rosa Chang, it conveyed something different: New York City’s next great park. She wore a bright red dress and high-wedge sneakers and the beatific smile of a true believer. “I see children playing, I see trees, I see old people sitting down talking to each other.

Persons: Rosa Chang, City’s, Chang peered, ”, “ Locations: Brooklyn, Lower Manhattan

☆ 104 Shows. $260 Million. After 10 Years, Billy Joel Closes a Chapter.
▼ + stars: | 2024-07-26 | by ( Caryn Ganz | ) www.nytimes.com time to read: +1 min

There’s a pause before Billy Joel steps onstage each night when he makes the subtle transition from low-key Everyman to world-renowned Piano Man. It’s just a few minutes of “not talking to anybody, not seeing anybody,” he said, mimicking waving off potential distractions. In February, “Turn the Lights Back On,” his first new song in nearly 20 years, joined the set list. Joel, 75, promised to keep the show running as long as there was demand. In total, the run grossed more than $260 million with attendance nearing two million, according to the trade publication Pollstar.

Persons: Billy Joel, It’s, ”, bellowing, screech, shutdowns — Joel, Joel, ” Dennis Arfa Organizations: Madison, Garden, “ Locations: Sag, Long, Manhattan

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