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☆ C-Suites fear more executives could be targeted after the UnitedHealthcare CEO was gunned down
▼ + stars: | 2024-12-11 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

New York CNN —Corporations are scrambling to protect their senior executives as police warn of an elevated near-term threat against business leaders. People are on high-alert,” Keith Wojcieszek, global head of intelligence at Kroll, told CNN in a phone interview. The mood changed dramatically in a very short period of time,” said Krummrich, whose firm protects corporate executives, their families and residences from threats. One executive at a major bank told CNN that the UnitedHealthcare CEO killing made plain the risk facing senior leaders in Corporate America. He’s a guy who went through a similar upbringing that many corporate executives did,” said Krummrich, referring to the infamous Unabomber.

Persons: Brian Thompson, ” Keith Wojcieszek, Kroll, ” Wojcieszek, Thompson, Wojcieszek, Seth Krummrich, “, ”, Krummrich, Eduardo Jany, Jany, Luigi Mangione, “ He’s, Ted Kaczynski, floorplans, Fred Burton, Burton, ” Jany, he’s, Bill George, we’ve, George, UnitedHealthcare, –, That’s, don’t, It’s Organizations: New, New York CNN, Corporations, CNN, “, The New York Police Department, Service, Security, Global Guardian, US, News Corp, Corporate, Ivy League, Secret Service, Diplomatic Security Service, US State Department ., Columbine, NYPD, Companies, Harvard Business School, UnitedHealth Group Locations: New York, Midtown Manhattan, Corporate America

☆ Peer inside Barely Fair, the exhibition where major artists present at miniature scale
▼ + stars: | 2024-04-12 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +9 min

Roland Miller/Barely FairThat same year, the New York gallery Selenas Mountain showcased Juan Arango Palacios' canvases and woven works. Artists and their galleries are responsible for producing all of the small works, but Barely Fair’s team helps with installation as needed. Roland Miller/Barely FairBarely Fair began as a joke between the co-founders of the artist space Julius Caesar, but they quickly realized its potential as a serious art fair. “And I think that Barely Fair is much more successful at that.”For nascent galleries and artists, Barely Fair is a more accessible way to participate in Chicago’s art week, which draws curators and collectors from around the world. “(It’s) inverting the dynamics of making a monument at small scale,” she said, explaining that Barely Fair “happened to feel almost tailor-made” for her work.

Persons: Anish Kapoor, Barbara Kruger, Yoko Ono, Rebecca Morris, Roland Miller, Juan Arango Palacios, Julius Caesar, ”, Josh Dihle, Tony Lewis, Kate Sierzputowski, ” Miller, “, Ellie Rines, Henry, Daid Puppypaws, Ingrid Olson, Jonas Müller, Miller, Alice Tippit, Evan Jenkins, Julia Fischbach, Fischbach, gallerists, Al Freeman, Rines, Amanda Ross, Ho, Michiko Itatani, Kay Hoffman, Katharine Hamnett, Ross, ” Ross, Price, that’s, Tatjana Pieters, Charles Degeyter, Mae Alphonse Dessauvage, Pieters, ” Pieters, “ I’ve, — Organizations: CNN, Color, Barely, Artists, New, Los, Chicago —, NADA Miami, Miami Art Locations: Chicago, New York, New York City, Los Angeles, Portland, Ross, Belgian, NADA, Ghent, Belgium

☆ Can we turn all those empty office buildings into housing?
▼ + stars: | 2024-01-13 | by ( Anna Bahney | ) edition.cnn.com time to read: +9 min

Experts in housing, building, and urban planning say it may be difficult to convert office space to livable, likeable residential housing, but there’s an urgent reason they’re trying. More office space is sitting empty in the United States than at any point since 1979, Moody’s Analytics reported earlier this week. By some estimates, only 3% of New York City office buildings and 2% in downtown Denver are suited for residential conversions. Office space and homes are two fundamentally different types of buildings, according to builders and architects. Do you have another building where you can move them?”As result, according to Theodos, office conversions are not a solution to either the empty office glut or the housing supply shortage.

Persons: Biden, ”, Harold Bordwin, Keen, Brett Theodos, ” Bordwin, “, ” Maren Reepmeyer, ” Theodos, –, Nathaniel Meyersohn, Donald Judd Organizations: DC CNN, Moody’s, National Association of Realtors, Summit Capital Partners, Metropolitan Housing, Policy Center, Urban Institute, “, CBRE, Wacker, Chicago Business Locations: Washington, New York, Boston, Cleveland, United States, Manhattan, “, New York City, Denver, Chicago, Theodos

☆ US new home sales jump to 19-month high; median price falls
▼ + stars: | 2023-10-25 | by ( Lucia Mutikani | ) www.reuters.com time to read: +4 min

The larger-than-expected increase in sales last month reported by the Commerce Department on Wednesday showed that the new housing market continued to be supported by a chronic shortage of previously owned houses. That is leading to very different dynamics in different parts of the housing market." New home sales are counted at the signing of a contract, making them a leading indicator of the housing market. The National Association of Home Builders reported last week that about a third of builders reported cutting home prices in October, a 10-month high, with the average price discount at 6%. The housing market likely stabilized in the third quarter, thanks to strong homebuilding and new home sales.

Persons: Sarah Silbiger, Bill Adams, resales, Freddie Mac, Dan Hnatkovskyy, Lucia Mutikani, Chizu Nomiyama, Andrea Ricci Organizations: REUTERS, U.S, Commerce Department, Comerica Bank, Reuters, Midwest ., National Association of Home Builders, Thomson Locations: Washington , U.S, WASHINGTON, Dallas, Northeast, West, Midwest

Google (GOOGL), which for years ranked as the top company to work for in the United States, laid off thousands of workers by e-mail. During her early years there, she worked in marketing and became known as the “The Bard of Google” for the internal emails she sent celebrating the company’s culture. Google employee affected by January layoffs“The problem was, suddenly, you didn’t work for a company that was sending stuff to space or building autonomous cars,” Rout said. Hundreds of Google employees in Switzerland staged a walkout last week to protest layoffs, partly out of frustration with the lack of transparency. About a month before the January layoffs, one former employee said Google painted “You Belong” on one of the walls in their working area.

☆ Converting empty office buildings into apartments sounds like a no-brainer, but big landlords are resisting for one big reason
▼ + stars: | 2023-02-23 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +7 min

Three experts tell Insider office prices need to fall before conversions are commonplace. But for these plans to be successful, the world of real estate must address the elephant in the room: Office buildings are simply too expensive. Moody's laid out some basic math: In 2021, the average New York apartment building traded at $434 a square foot. Now in the US, he's up to the same business but not yet with the vacant office buildings that dot the downtowns of large metropolises. Among them is an older, 130,000-square-foot St. Louis office building, which represents some of the city's most outdated stock, Rubin told Insider.

☆ Giraffe360 offers real-estate brokers a camera and software to create 3D property viewings. Check out the 9-slide deck it used to raise $16 million from Peter Thiel's Founders Fund.
▼ + stars: | 2022-12-06 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Giraffe360's camera-based platform allows real-estate companies to create virtual property tours. The London-based startup secured $16 million in a round led by Founders Fund. CEO Mikus Opelts saw an uptick in virtual house viewings during the pandemic, and he is optimistic that virtual viewings will be key to real-estate listings in the future. Existing investors LAUNCHub Ventures, Hoxton Ventures, HCVC (Hardware Club), and Change Ventures also participated in the round. This brings the startup's total amount raised to $22 million in equity, and $9 million in venture debt.

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