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Construction on Grand Central Madison began in 2006, and cost $12 billion. Positioned more than 100 feet underground, it can take up to 12 minutes to travel from the platform to the subway. Shuttle service from Queens to the terminal, called Grand Central Madison, began Wednesday. While construction on parts of the tunnel that connects to Grand Central Madison began in the 1960s and was completed in the 1980s, work to connect tunnels to Grand Central Station didn't begin until 2007. Insider dug up photos showing a timeline of construction at the terminal, from a hole underground to a shiny new station.
One of the key players behind the campaign is 42-year-old Jesse Cohn, Paul Singer's right-hand man. Hedge fund Elliott Management has taken a multi-billion dollar stake in Salesforce, as the tech company deals with layoffs and a management shake-up. And Cohn, one of Elliott's chief agitators, has emerged as quarterback, announcing his respect for co-CEO Marc Benioff in a statement. "He said, 'Hey, let me talk to you,'" Knowles told BI in 2019. He had the files laid out on a conference-room table when the board met with Cohn in Elliott's New York office.
Others were adopted in July after the Supreme Court the prior month struck down New York's limits on carrying concealed handguns outside the home in a landmark ruling expanding gun rights. New York officials have said the new gun restrictions, which face numerous legal challenges in lower courts, are needed to protect public safety. The Supreme Court has broadened gun rights in three key rulings since 2008. Alito wrote that the New York law at issue "presents novel and serious questions" under the U.S. Constitution's provisions on gun rights and free speech. Nine individuals who sell firearms in upstate New York and a gun collectors association sued state officials in federal court to challenge a series of laws regulating purchases.
Since 2020 adults aged 25 to 34 are living at home at higher rates than past generations, said the Census Bureau. According to the US Census Bureau, about 18% of men and 12% of women ages 25 to 34 were living with their parents in 2022. Barwig estimates she's saving about $30,000 a year. "I don't really spend a lot of money," she said. She's been able to maintain the job as a mostly remote employee at the Jersey Shore, where her parents live.
Investors have learned of a $10 million settlement Tiger Global made to a former female employee. Investors don't really need another reason to shy away from Tiger Global Management after a year of terrible performance. The employee who settled with Tiger alleged that Tiger fostered a type of bro culture, led by men who prevented women executives from getting equal opportunities inside the firm. "Prioritizing these values in our day-to-day interactions inside and outside of Tiger Global has been the glue that has underpinned our success for the past 21 years. We remain committed to driving continuous improvement across Tiger Global as we look towards the future."
Adidas is locked in a court battle with fashion label Thom Browne over its use of stripes. The designer Thom Browne arrived in a shorts suit and striped sock on the trial's first day. A model's feet at a Thom Browne runway show in 2017, left, and Adidas socks and sneakers. The lawyer for Thom Browne argued that the two companies do not compete, as "Thom Browne is a luxury designer and Adidas is a sports brand," according to WWD. A pair of striped socks from Thom Browne can retail for $120, while similar crew socks from Adidas cost around $16 for a three-pack.
[1/2] Frank James, the suspect in the Brooklyn subway shooting walks outside a police precinct in New York City, New York, U.S., April 13, 2022. REUTERS/Andrew KellyNEW YORK, Jan 3 (Reuters) - The man who set off smoke bombs on a crowded New York subway train before shooting 10 people last April in one of the most violent attacks ever seen on the city's transit system pleaded guilty on Tuesday to terrorism and weapons charges. "I got on the subway train that was carrying people," said James, dressed in wrinkled khaki jail overalls and sitting at a table alongside his public defenders. read moreLess than two months after James' attack, a man was arrested in the fatal, unprovoked shooting of a man on a subway car crossing the Manhattan Bridge from Brooklyn into Manhattan. In June, another man was arrested on suspicion of pushing a woman onto the tracks of a subway station in the Bronx.
Fellow New York-based Douglas Elliman agent Lisa Simonsen also had a former career in fitness. As such, the agent who sold more than $100 million in 2022 makes sure she works out in her building's gym, usually on a spin bike, every morning. McKenzie RyanFormer Junior Olympian and real-estate wunderkind McKenzie Ryan used to compete on the national level in rhythmic gymnastics. Serhant gets a new SUV every year "just to update it," though he said he makes sure his car and clothes are never nicer than his clients'. The Douglas Elliman agent knows what she has to do to succeed: She was the top-selling agent in Miami in 2021 with $750 million in transactions.
Film student Lizza Prigozhina helps NYC real-estate agents market homes on TikTok, Curbed reported. A "good month," she told Curbed writer Bridget Read, means up to $10,000 in income. It's all in the name of helping real-estate agents capture eyeballs on TikTok, which they can hopefully turn into potential buyers and renters who actually pay them in commission. "Some are like, 'I can't spend money on this,'" Prigozhina told Curbed. "Alexander has a big personality," Prigozhina told Curbed.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVacant office spaces on the rise, with over 100 million square feet available in ManhattanCNBC's Robert Frank joins 'Squawk Box' to report on Manhattan's struggling market for office spaces.
Protesters swarm NYC library hosting Drag Story Hour for kids
  + stars: | 2022-12-19 | by ( ) www.nbcnews.com   time to read: +2 min
Protesters trying to shut down a reading event geared toward neurodiverse children at a branch of the New York City Public Library were met by a wall of counterprotesters. NYC Councilmember Erik Bottcher / via TwitterSaturday's protest was just the latest in a string of standoffs across the country from a fringe movement targeting drag events over unsubstantiated allegations of grooming. New York City Council member Erik Bottcher shared images and videos online of the protesters, some of whom he tried speaking with before entering the children’s reading event. “I want to show you the face of hate, right here in Chelsea,” Bottcher said in a video shared on Twitter, before showing the counterprotesters clad in rainbows. A representative for the New York Public Library said the event went on as planned and added that the library would continue to offer programs supporting diverse voices.
Real-estate agents Fredrik Eklund and John Gomes said luxury homebuyers want wellness perks at home. More than gyms and swimming pools, they're seeking out extras like infrared saunas and plunge pools. On-demand perks like "spiritual concierges" and IV treatments are becoming more popular. Speaking about the year ahead alongside Eklund Gomes Team CEO Julia Spillman, they said wellness perks remain at the top of the list of must-haves for luxury homebuyers of both condos and single-family residences. The Eklund Gomes Team has big plans for the year aheadThe Eklund Gomes Team plans to grow, even as the real-estate market at large is slowing down.
Allison Hemming started "pink-slip parties" in the early aughts after the dotcom bust. Back then, like now, tech workers lost their jobs en masse. Hemming began running regular meetups for laid-off tech workers — misery loves company, after all — giving them an opportunity to network and meet prospective hiring managers. Will the latest tech layoffs spur a return of pink-slip parties? The tech workers losing their jobs today have a nice runway because a lot of big nontech companies are still hiring.
From the outside, it doesn't look as if Charnas' company is in trouble. Mark Sagliocco/Getty Images for Beach MagazineSeveral former employees told Insider they cut ties with Something Navy because they saw signs the company was struggling. Several current and former Something Navy employees told Insider they'd been inundated with emails since the spring from suppliers, freelancers, and models asking where their money was. In one email viewed by Insider, Scanlan told a supplier that cash was tight but promised payment was on the way. The current Something Navy employee said that based on data she'd seen, the retail locations most likely don't turn a profit.
Until that happens, he's taken on the unofficial position of "fast-food data scientist," thanks to his latest side project, the Fast Food Index. Fast Food IndexAccording to the Fast Food Index, the most expensive Chipotle chicken burrito is sold for $11.10 in Manhattan's garment district. Other Fast Food Index findings:At $7.89, a McDonald's in Lee, Massachusetts, is home to the most expensive Big Mac. The most expensive Taco Bell crunchy taco is sold in a small town in California. Chipotle menu prices increased by 4% in August, and the company has raised prices for delivery.
The Trump Organization was found criminally liable of tax fraud on Tuesday after a six-week trial. A ban could end his 'exorbitant' billing of Secret Service agents who protect him at his resorts. At the Trump Organization headquarters in Trump Tower on Fifth Avenue, the cars, apartments, and tuition were considered part of Weisselberg's $940,000-a-year income, prosecutors said. Secret Service a tough targetWatchdogs concede that Trump's Secret Service billing is a tough target. Barring the unlikelihood of a cash-free solution — Trump letting the Secret Service "stay at our properties for free," as Eric Trump once promised, or forgoing Secret Service protection voluntarily, as Richard Nixon did — Trump's Secret Service spigot may well remain open, watchdogs acknowledge.
TikTok is seeking 150,000 square feet in Los Angeles to more than double its footprint in the city. One of the leasing executives who spoke with Insider said TikTok had considered spaces from "Santa Monica to downtown" Los Angeles. Meta, meanwhile, has 260,000 square feet in Los Angeles at the Brickyard, a recently built office complex in Playa Vista. The diverging appetite for office space between TikTok and Meta underscores a change in fortune for both firms. A spokeswoman for Meta said the company would not comment on its LA offices or its plans for them.
Meta's move to return its office space is part of CEO Mark Zuckerberg's plan to cut costs. "The past few years have brought new possibilities around the role of the office," Meta spokesperson Tracy Clayton told Insider. 30 Hudson Yards is a glass skyscraper over 100 stories high, with outdoor terraces and panoramic views of the Hudson River. Meta will keep its office space at 50 Hudson Yards. Meta will also keep the office space it leased in 2020 at the James A. Farley Building in midtown Manhattan.
Manhattan jurors are being asked by the defense to see Donald Trump as a forgiving, generous boss. In summations, prosecutors may call the 'Trump is just generous' defense a total turkey. The tuition schemeTake the total $359,000 in tuition checks Trump or his son, Eric Trump, signed for ex-CFO Allen Weisselberg's grandchildren. Instead, under the "generous Trump" defense, the checks, written from Trump's personal account, are explained away as not a suspicious, tax-dodging perk at all, but a "gift." Here, the defense can be expected to tell jurors that Trump is not only a generous boss, but a forgiving one, too.
Ivana Trump's Upper East Side townhome has an asking price of $26.5 million. She purchased the home in 1992, the same year she finalized her divorce from Donald Trump. The interior reflects a bygone era of Donald Trump's celebrity and one of his favorite colors: gold. Ivana Trump finalizes her tumultuous and very public divorce from Donald Trump that followed two years of finger-pointing and accusations of "fraudulent" prenuptial agreements and slander. Ivana Trump reaped the rewards of auxiliary fame as well when she was married to Donald Trump.
With the help of a business loan, the Wall Street analyst turned food entrepreneur bought a 16 Handles franchise in Manhattan in 2019. Taking advantage of a depressed real-estate market amid the pandemic, he negotiated favorable long-term leases and opened several 16 Handles locations. Last month, I closed on the acquisition of 16 Handles, the frozen-yogurt and soft-serve franchise with over 30 units across five states. Buying 16 Handles and growing it to a national brandAs the largest franchisee working with the franchisor, we were misaligned on what we saw as the vision for 16 Handles. A key reason for my success with 16 Handles is that I found creative solutions to what otherwise seem like impossible obstacles.
Weisselberg testified in court that Eric Trump will decide if he gets his annual $500,000 bonus. Weisselberg is the prosecutors' key witness in the criminal tax-fraud trial of Donald Trump's company. When asked by a prosecutor whether he still expects to receive his annual $500,000 bonus this year, Weisselberg replied, "I don't know yet." prosecutor Susan Hoffinger asked Weisselberg in the lower Manhattan courtroom, prompting him to reply, "Eric Trump," who is one of Donald Trump's three sons. Hoffinger asked Weisselberg, who then answered, "Yes."
The New York City Police Department confirmed Monday that it is investigating a string of robberies and assaults that may be connected to the deaths of two gay men earlier this year shortly after they left gay bars in Manhattan's Hell's Kitchen neighborhood. In April, Ramirez, a 25-year-old social worker, was found dead in the back of a taxi an hour after being seen leaving the Ritz Bar and Lounge with three unidentified men. About a month later, Umberger, a 33-year-old political consultant, was found dead after he and two unidentified men left another popular Hell's Kitchen gay bar, the Q. The unidentified men transferred about $20,000 out of Umberger's bank accounts and maxed out his credit cards, according to Umberger's mother, Linda Clary, who also believes her son was drugged. Neither a representative for Bottcher's office nor for the New York County District Attorney’s Office immediately responded to a request for comment.
"I just felt this was politically motivated," McConney told jurors on Thursday of how prosecutors treated him before he decided to stop cooperating. Mazars severed ties with the Trump Organization in February after publicly questioning "discrepancies" in the Trump Organization's finances. Steinglass also elicited more testimony from McConney on what the prosecutor called a 2017 "clean up" of the company's books. "Nobody told me specifically," McConney said, "that this change was because Mr. Trump became President Trump. Prosecutors must prove that Trump's company was in on Weisselberg's admitted tax-fraud efforts.
Donald Trump has five children between two of his former wives and his current wife Melania Trump. Donald Trump Jr., Eric Trump, and Ivanka Trump are children with his first wife, Ivana Trump, who died on July 14. Getty Images/Joe CorriganNow a father of five, Donald Trump Jr. was 12 when Ivana Trump and Donald Trump Sr. divorced. In 2001, a year after he graduated from college, Donald Trump Jr. went to work for his dad for the second time. He told New York magazine that Donald Trump Jr. is like his mentor and Ivanka Trump is like his second mother.
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