By Shahien Nasiripour Bloomberg Tues., May 14, 2019 Trump Tower, once the crown jewel in Donald Trump’s property empire, now ranks as one of the least desirable luxury properties in Manhattan. The 36-year-old building has been turned into a fortress since Trump won the presidency, ringed with concrete barriers and the two main entrances partially blocked off. It hasn’t been substantially updated in years. And Trump’s name has been a huge turnoff in liberal New York City. For anyone who owns a unit in the tower, the past two years have been brutal. Most condo sales have led to a loss after adjusting for inflation, property records show. Several sold at more than a 20% loss. By contrast, across Manhattan, just 0.23% of homes over the past two years sold at a loss, according to PropertyShark, a real-estate data provider. It’s all a far cry from the days when the New York landmark attracted the likes of Michael Jackson, Johnny Carson and Steven … [Read more...] about Trump Tower is now one of NYC’s least-desirable luxury buildings
Where is cash money records located
By Marco Chown Oved Investigative Reporter Thu., March 21, 2019 Toronto’s real-estate market welcomes criminals, giving them an easy way to invest dirty money and driving up housing prices for regular people, according to a report published today by Transparency International Canada. “Our laws and regulations are full of cracks that can be exploited by criminals, and they appear to be doing so in growing numbers,” the report says. “Domestic criminals have known for decades that Canada is ‘la la land’ for financial crime, but word has spread internationally too. … Canadian real estate has attracted the attention (and money of dubious origin) of corrupt government officials and organized crime syndicates from across the globe.” In the federal budget released this week, the government announced measures to combat money laundering through property in British Columbia, but ignored the Toronto market. Transparency … [Read more...] about Dirty money is driving up Toronto real estate prices, report says
By Susan Carroll and David Hunn Updated 8:37 am CST, Thursday, March 7, 2019 Logene Upson plays with his son Wesley behind the old Imperial Sugar factory that the State Land Board has tried for years to develop into an upscale hotel, with surrounding retail, offices and fine dining. Logene Upson plays with his son Wesley behind the old Imperial Sugar factory that the State Land Board has tried for years to develop into an upscale hotel, with surrounding retail, offices and fine dining. Photo: Mark Mulligan/Staff Photographer Photo: Mark Mulligan/Staff Photographer Image 1 of / 1 Caption Close Image 1 of 1 Logene Upson plays with his son Wesley behind the old Imperial Sugar factory that the State Land Board has tried for years to develop into an upscale hotel, with surrounding … [Read more...] about For Texas’ children, Sugar Land development is not so sweet
SpaceX is about to launch a Falcon 9 rocket that will carry the first-ever private moon mission. SpaceIL, a nonprofit organisation based in Israel, designed and built the 1,300-pound lunar lander called “Beresheet,” which means “in the beginning” (the first words in the Bible). SpaceIL started as a Google Lunar XPrize team and is backed by South African billionaire Morris Kahn. If the Beresheet lunar mission works, it’d make Israel the fourth country ever to pull off a moon landing. SpaceX, the rocket company founded by Elon Musk, is about to launch the first private lunar lander. Whether or not the moon mission succeeds, the effort will carry lasting significance to Israel and the country’s nascent space industry. But if everything works as planned, Israel will become the fourth nation ever to land on the lunar surface. (Japan, India, and Europe have crashed probes into the lunar surface but not gently set down any robots.) The $US100 … [Read more...] about SpaceX is about to launch an Israeli mission to the moon. If successful, it would be the world’s first private lunar landing.
Publicly, at least, the Start Small Foundation is living up to its name By Owen Thomas Updated 4:00 am PST, Wednesday, December 12, 2018 Photo: Prakash Singh / AFP / Getty Images Twitter and Square CEO Jack Dorsey favors transparency and openness — except when it comes to how he gives away his money. Twitter and Square CEO Jack Dorsey favors transparency and openness... Welcome back to Tech Chronicle. If you’re in a giving mood, subscribe and make this a recurring event. Where’s Jack Dorsey’s charity? Twitter and Square CEO Jack Dorsey likes to overshare. On his Twitter feed, you’ll learn about his penchant for infrared saunas, the Apple Watch-quantified results of a 10-day silent meditation retreat in a monastery located in the military dictatorship of Myanmar, and the occasional feud with a fellow billionaire. What he won’t share: any details of his charitable giving. As I … [Read more...] about Where is Jack Dorsey’s charitable foundation?