Author: theparknews

(Bloomberg) – Blackstone Corp. is refinancing $550 million in municipal bonds for 8 Spruce Street, a 76-story residential tower in downtown Manhattan designed by renowned architect Frank Gehry. Most Read Articles on Bloomberg The New York City Housing Development Corporation is expected to price the debt on Tuesday on behalf of Blackstone, which bought the building from Brookfield Asset Management and Nuveen LLC in 2022 for $930 million. Approximately $204 million of the securities are tax-exempt and are part of the Liberty Bond Program, part of a federal stimulus package approved in 2002 to help lower Manhattan rebuild from the…

Dues at work for real estate agents: $400,000 “volunteer” salary, luxury hotels, golf retreats A New York Times investigation has revealed new details about lavish spending practices at the National Association of Realtors (NAR). At NAR, membership dues funded executive perks ranging from private club memberships to pet-sitting services. Don’t miss: Former CEO Bob Goldberg’s 2017 signing put a spotlight on the organization’s spending culture. It included a $75,000 club membership fee, first class travel for himself and his wife, a $1,500 monthly car allowance, and even dog-sitting services. Over five years, his compensation package increased from $1.2 million to…

Ultramarine Photo/Getty Images While there are benefits to receiving gifts from loved ones, some people prefer the experience. GetYourGuide, the world’s leading travel platform, found that 92% of U.S. consumers prefer gift experiences over physical gifts. This is largely due to the fact that experiences with loved ones can create lasting memories, but traditional gifts often do not. Read next: 6 US cities for a cheap luxury vacation Be careful: Why skipping your financial advisor can be your biggest money mistake For those who want to surprise their loved ones with a fun and luxurious experience, here are some gift…

Hello AJ readers! Although openings slowed due to the holiday week, there were still some big announcements. Here are some highlights and future plans. CeCe McCasland, whose husband is Texas Tech men’s basketball coach Grant McCasland, will achieve a dream in the new year. Her family, along with two other partner families who will share ownership of inSPIRE Rock, plans to build an indoor rock climbing gym at 6703 Yonkers Avenue. It is tentatively scheduled to open in Lubbock in late summer or early fall 2025. “It literally feels like a dream come true,” CeCe McCasland said. “We’ve been going…

FLORIDA – Check out the latest business headlines from the Florida Patch site. New ALDI grocery store grand opening in Tampa A new ALDI grocery store will open in early December on Dale Mabry Highway in Tampa, the company said. Four Florida restaurants rank among the top 100 in the U.S., according to new list Four Florida restaurants are among the top 100 restaurants in the United States, according to OpenTable’s new rankings. 71 Florida Hospitals Earn ‘A’ Ratings in New Safety Grade: See Full List Florida ranked 13th nationally among states for the number of hospitals earning the highest…

(Bloomberg) – Earlier this year, the governor of the Czech Republic’s central bank traveled to London to inspect a vast collection of gold bars stored in the Bank of England’s concrete-encased vaults under Threadneedle Street. It flew. Most Read Articles on Bloomberg Ales Michel’s task to inspect precious metals stored on behalf of the Czech National Bank was part of the governor’s stated ambition to double the country’s stockpiles to 100 tonnes over the next three years. That amount has increased fivefold since he took office in 2022 with the aim of diversifying reserves. “We need to reduce volatility,” an…

(Bloomberg) — Hong Kong has become a hub for financial crime, U.S. lawmakers say, underscoring the deterioration in relations between the former British colony and the United States as Beijing tightens its grip on the city. Most Read Articles on Bloomberg Since the Chinese government imposed national security laws on Hong Kong in mid-2020, the city has “transitioned from a trusted global financial center to a key role in a deepening axis of authoritarianism.” Leaders of nations China, Iran, Russia, and North Korea. The House China Select Committee said in a letter to Treasury Secretary Janet Yellen. The letter was…

Malibu luxury trailer park sold for $200 million, largest transaction of its kind ever Benzinga and Yahoo Finance LLC may earn commissions or revenue from some items through the links below. Mobile home communities, also colloquially known as trailer parks, have been stereotyped in pop culture for decades as symbols of rural poverty. But everything is different in Malibu, California. This seaside paradise has become synonymous with the good life and is also home to Point Dume Club, a luxury trailer park. The Point Dume Club was so great that it reportedly sold for $200 million. Don’t miss: The deal,…

“U.S. entrepreneurs remain very interested in Mexico’s nearshoring potential for 2025,” said Tatyana Skumatenko, branch manager at Wise Pan American Solutions. (Photo: Jim Allen/FreightWaves) Borderlands is a weekly summary of global trends in trucking and trade across the U.S.-Mexico border. This week: Entrepreneurs and small businesses realize the value of investing in Mexico. Automotive supplier plans third factory in Mexico. A cargo ship makes its first call at the Port of Houston. $31 million worth of meth was found hidden in a shipment of chili peppers. Business owners continue to see Mexico as a positive place to invest in manufacturing…

(Photo/Cheriokee Nation) Guest opinions. When I think about the future of our Cherokee Nation, I often talk about unlocking the potential of Cherokee families. All of my administration’s work and the amazing progress of my predecessors focused on the foundations of future prosperity. The foundation is built on access to health care, food security, educational attainment, and cultural preservation, to name just a few of the nation’s long-standing priorities. Never miss the biggest stories and breaking news from Indian Country. Click here to sign up to have the report sent straight to your inbox every weekday morning. All of these…