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Hate crime and terrorism charges were announced Thursday after a Jewish man was shot while walking to synagogue in Chicago over the weekend in what police now say was a “targeted” attack. On Thursday, Abdallahi was charged with an additional felony count of terrorism and one felony count of a hate crime, Chicago’s top cop, Supt. “We want everybody to know that we will never tolerate violence that’s rooted in hate and bigotry,” Snelling said during a press conference announcing the charges. “We are all working together to put an end to the hatred of our Jewish siblings.”Foxx noted that terrorism charges in such cases are rare. “Members of the Jewish Orthodox community are the most vulnerable to violent attacks,” Rabbi Sholomo Soroka said.
Persons: Sidi Mohamed Abdallahi, Abdallahi, Larry Snelling, , ” Snelling, ., Debra Silverstein, Ward, Snelling, “ Allahu Akbar ”, , Chicago Mayor Brandon Johnson, Kim Foxx, Silverstein, ” Johnson, ” Foxx, ” Abdallahi, ” Silverstein, Sholomo Soroka, ” David Goldenberg Organizations: Police, West Rogers Park, Chicago Police, Fire, Jewish United Fund, Chicago Mayor, Civilian Office, Defamation League, Chicago Rabbinical Council, ADL, Federal Bureau, Investigation’s Chicago Division Locations: Chicago, . Farwell, West, Cook County, Agudath Israel, Illinois,
The shooting victim was released from the hospital Saturday afternoon, according to Debra Silverstein, the alderman for Chicago’s 50th Ward, where the shooting occurred. Hate crime charges still a question markAs some Jewish leaders call for hate crime charges, police say they still need to interview the suspect and collect evidence before considering such charges. On Monday, Silverstein said she was upset with the lack of hate crime charges in the case. “The police have assured me that they are continuing to gather evidence, and additional charges – including hate crime charges – can still be added,” Silverstein said. Shoshanah Conover, Senior Rabbi of Temple Sholom also said the community is frustrated with the lack of hate crime charges.
Persons: Sidi Mohamed Abdallahi, Abdallahi, Debra Silverstein, Larry Snelling, Silverstein, , ” Silverstein, ” Snelling, weren’t, “ Allah Akbar ”, Antoinette Ursitti, , Snelling, “ There’s, , “ We’re, Shoshanah Conover, Temple Sholom, I’ve, ” Conover, Chicago Mayor Brandon Johnson, ” Sen, Dick Durbin, ” Durbin, ” CNN’s Dalia Faheid, Bill Kirkos, Whitney Wild Organizations: CNN, , Chicago, Ward, Chicago Police, , Police, Chicago Mayor, Defamation League Locations: Chicago, Chicago’s, Cook, Illinois, , America
A Chicago man has been charged with 14 felonies after allegedly shooting a Jewish man who was on his way to a local synagogue. But some community leaders are questioning why hate crime charges have not been filed. Snelling said that there wasn't enough evidence to add hate crime charges to the list but said it remained a possibility. "A man wearing the kippah as he walked to synagogue was shot and this has just escalated our anxieties." But I think it’s equally important to understand that whether or not there is a hate crime charge, that’s a technicality.
Persons: Sidi Mohamed Abdallahi, Larry Snelling, Snelling, Abdallahi, Ward Ald, Debra Silverstein, Silverstein, Rabbi Shlomo Soroka, , It's, that's Organizations: The Chicago Police Department, NBC Chicago, FBI, , ADL, Extremism, Islamic Relations, Synagogue Locations: Israel, Illinois, United States, U.S, Pittsburgh
Halloween spending is forecast to drop by 5% this year, as inflation hits household spending. AdvertisementHalloween shoppers are tightening their wallets this year, but the season's biggest retailer is eyeing America's next big holiday — Christmas. As consumers are forecast to spend less on Halloween, spooky season retail giant Spirit Halloween is seeking to capture a slice of the much-larger Christmas market. AdvertisementSpirit Halloween CEO Steven Silverstein said on Wednesday that the company, which has over 1,500 Halloween locations, is opening "Spirit Christmas" stores. AdvertisementWhile inflation looms over Americans' Halloween budgets, winter holiday spending is expected to rise by 7% this year, per a PwC report.
Persons: , Steven Silverstein, Silverstein, Kym Sarkos, Erica Weisgerber, Plimpton, Jerry Murray Organizations: Service, National Retail Federation, The New York Times, New York, Debevoise, Plimpton LLP, Bloomberg, University of, Business Insider Locations: Cheddar, Atlantic City, Albany, Poughkeepsie , New York, The
Advertisement"The banks are going to have to dispose of that real estate," Barkham told Business Insider in an interview. John Vavas, a real estate finance attorney at Polsinelli who works with commercial real estate lenders, has worked on a handful of office-to-residential conversion deals this year. There's around 1.2 billion square feet worth of office space that could be spun into residential space, Yardi said in a separate report. Late payments on commercial real estate loans have climbed to 1.42% in the second quarter, the highest rate in nearly 10 years. Commercial real estate prices, meanwhile, dropped another 9% year-over-year in the first quarter, Fed data shows.
Persons: , Richard Barkham, Barkham, RentCafe, John Vavas, Yardi, Vavas Organizations: Service, Federal, Silverstein Properties, Washington DC Locations: New York, United States, New York City, Dallas, Chicago, Los Angeles
Soon, Daily Harvest had narrowed its internal investigation to a new ingredient used for its high-protein content: tara flour. Tara flour is one of two products made from the seed pods of a thorny shrub native to Peru. The pods of the tara plant are used to make tara gum and tara flour. As some consumers had discovered, tara flour was not safe, the FDA decreed in May 2024 — nearly two years after the ingredient sickened hundreds. During that time, however, other manufacturers could have used the now-“unapproved food additive.”“This incident shows how broken our food regulatory system is.
Persons: Gwyneth Paltrow, Serena Williams, “ I’ve, ” Cory Silverstein, Silverstein, Luke Wesley Pearson, tara, we’ve, Rachel Drori, GRAS, , It’s, , Pieter Cohen, Cohen, , Tara, Tragically, Alexi Giannoulias, Sarah Gallo, “ GRAS, ” Gallo, Sarah Silbiger, Melanie Benesh, BVO, Giannoulias, Benesh, ” Benesh, Jim Jones, ” Jones, Thomas Galligan Organizations: CNN, Leek Crumbles, Harvest, CNN Business, Food and Drug Administration, FDA, Daily Harvest, Daily, Cambridge Health Alliance, The New England, of Medicine, Consumer Brands Association, Office, Natural Resources Defense Council, Environmental, Industry, Union, Illinois Food Safety, Illinois Senate, Getty, European Union, Human Foods, Center for Science, Locations: Peru, United States, Somerville , Massachusetts, The, California, Illinois, Jena
Much of the office market may be mired in a downturn, but demand has been strong for high-end space. New office construction has dropped off sharply, leading to a potential upcoming shortage. That demand has persisted even as office construction has been stifled by higher interest rates and inflation, which have pushed up costs. Worries over the health of the office market have also made lenders reluctant to finance new development. 8 million square feet of that is pre-leased, meaning that there is only about 10 million square feet of upcoming available top quality space.
Persons: , Hilary Goldfarb, Goldfarb, Crowell, there's, Scott Rechler, Rechler, Vanderbilt, Philippe Visser, CBRE, Visser, Larry Silverstein, Norman Foster, Silverstein, Randolph St, Ross, Stephen Ross, Jordan Rathlev, Rathlev, Jessica Morin, Morin, Banks, RXR, I'm, you'd Organizations: Service, Rockefeller Development, Fifth St, RXR, Skidmore, Owings, Merrill, TF Cornerstone, Grand Central, Citadel, Yards, Companies, Oxford Properties, Hudson, Hudson Yards, KKR, Meta, World Trade Center, American Express, Trade, Related's, Central Locations: Washington ,, Washington, DC, New York, San Francisco, midtown Manhattan, Manhattan, Wells Fargo, BlackRock, Lower Manhattan, Chicago, Fulton, West Palm Beach , Florida, CBRE
Breaking Dawn was one of two places that opened in the San Francisco Bay Area last spring emphasizing brunch. Asian American restaurants in other cities have also found that sweet and savory spot between breakfast and lunch. Jessica Nguyen, 28, who was finishing brunch at Breaking Dawn, says she’ll almost always choose Asian brunch over regular eggs or waffles. Within the last few decades, Asian and Asian American cuisine has become more popular through media and savvy foodies. She doesn’t see other restaurants with Asian brunch as rivals.
Persons: Dawn, Liz Truong, Terry Tang, , Truong, Lerspreuk, Thanasit “ Toto ” Nanthasitsira, yum, , Chef Francis Ang, buttered, Jessica Nguyen, she’ll, Nguyen, Martin Manalansan, ” Manalansan, “ It’s, There’s, Eric Silverstein, Silverstein, we’re, ” Silverstein Organizations: GATOS, FO, Breaking, San Francisco Bay Area, NBC Asian Locations: Calif, Bay, sunnyside, Los Gatos, San Francisco Bay, San Mateo, Thailand, Francisco’s, China , Hong Kong, Taiwan, Austin , Texas, Tokyo, Atlanta, NBC Asian America
But rather than shuttling money into strengthening its grid to make sure the lights and A/C stay on during increasingly extreme weather, Texas is pouring billions of taxpayer dollars into new natural gas-fired power plants. Adding more electricity to the grid isn’t necessarily a bad thing because the state is facing higher demand, said Texas energy expert Doug Lewin, founder of consulting firm Stoic Energy. The state prioritizes natural gas power plants or backup natural gas generator systems. Centerpoint and other Texas utilities are no stranger to extreme weather. “In addition to extreme weather, the company’s service area also experiences heavy precipitation and extreme temperatures,” the company wrote in the report.
Persons: Beryl, Doug Lewin, ” Lewin, it’s, Texas Republicans ’, ” Michael Webber, Centerpoint, Joshua Rhodes, ” Rhodes, Rhodes, It’s, haven’t, doesn’t, , Alison Silverstein, Microgrids, Lewin, “ We’ve, “ That’s Organizations: CNN, Houston, Energy, Texas Republicans, University of Texas, Centerpoint Energy, UT Austin, Texas Public Service Commission Locations: Houston, Texas, Austin,
In a Thursday note, analyst Josh Silverstein listed the firm's "most compelling" buy-rated stocks to own across the energy and utilities sectors, including Suncor Energy , Coterra Energy , SLB , NextEra Energy and First Solar . Energy and utilities sectors are faring well this year, gaining 12.5% and 8.9%, respectively, while the broader market has advanced about 9.3%. His $90 price target suggests shares could jump 15.1%. First Solar is another favorite of UBS, which assigned the stock a $350 price target that implies 26.5% upside. Other energy and utility favorites UBS named include Coterra and Suncor Energy .
Persons: Josh Silverstein, William Appicelli, Jon Windham, , SLB Organizations: UBS, Suncor Energy, Coterra Energy, NextEra Energy, . Energy, Big Tech Locations: Schlumberger
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
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/chicago-city-council-israel-resolution-debra-silverstein-hamas-black-lives-matter-c1b19dc9
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
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