Sports

Salaries for NBA G League Just $35,000

NEW YORK – The NBA G League, the minor league of the NBA and sponsored by Gatorade — has announced salaries for next season 2018-19. Players under NBA G League contracts will earn a base salary of $7,000 per month – or $35,000 – for the five-month regular season. In addition to their salaries, players under […]

Funding

Aetion Secures $36 Million Round

NEW YORK — Aetion, a software platform company delivering  real-world analytics and evidence needed for biopharma and payers to engage in value-based care, announced it has raised $36.4 million in Series B funding. The round was led by New Enterprise Associates (NEA) and included, as a new investor, Amgen Ventures, alongside existing investors Flare Capital Partners, Lakestar, […]

Funding

Knotel Raises $70 Million From Real Estate Investors

NEW YORK — Office workspace provider Knotel has closed a $70 million Series B financing. The round was led by real estate firms Newmark Knight Frank and The Sapir Organization, and include The Wolfson Group, The Moinian Group, and Wainbridge Capital. The funding comes on the heels of rapid-fire growth for Knotel, which in just […]

Construction Real Estate

Construction Begins on Hudson Yards’ Observation Deck

NEW YORK – The massive Hudson Yards complex under construction on the West Side will have almost everything — including an observation deck. The developers of Hudson Yards — the Related Companies and Oxford Properties Group — have announced the start of construction on Hudson Yards’ Observation Deck. Standing more than 1,000 feet in the […]

Real Estate

SL Green Sells 1745 Broadway for $633 Million

NEW YORK — SL Green Realty Corp., New York City’s largest office landlord, together with its joint venture partner, Ivanhoe Cambridge, have entered into a contract to sell the leasehold office condominium at 1745 Broadway in Manhattan for $633 million, or $939 per square foot, to an institutional client of Invesco Real Estate. Known as […]

Retail

Nordstrom Men’s Store Opens in Manhattan

NEW YORK — Department store chain Nordstrom, Inc. has opened ts very first flagship New York City location and first ever stand-alone men’s store at 235 West 57th Street in Manhattan. The three-level 47,000 square foot store offers popular and designer brands, along with a range of convenient services to serve customers on their terms. […]

tv

Kevin Hart to Host CBS Reality Show

CBS has signed comedian and actor Kevin Hart to host his first reality show ever. Hart will host TKO: TOTAL KNOCK OUT, a brand new one-hour obstacle course competition series from executive producer Mark Burnett — known for producing Survivor, Shark Tank, The Voice and The Apprentice. The 10-episode series will premiere in summer 2018. […]

Technology

WebMD Launches Redesigned Symptom Checker

NEW YORK — If you’ve ever been worried about an illness and searched online, you’ve probably been to WebMD. The site announced it has launched a new version of its iconic WebMD Symptom Checker. First introduced in 2005, the Symptom Checker tool has been completely redesigned with an emphasis on providing a better user experience […]

Funding

Workfusion Secures $50 Million Series E

NEW YORK — WorkFusion, a company developing robotic process automation (RPA) software, has raised $50 million in Series E funding in a round led by Hawk Equity and Declaration Partners, bringing the company’s total investment to $118 million. Previous investors Georgian Partners, iNovia Capital and NGP Capital also participated. The capital will be used to […]

Funding

BetterCloud Closes $60 Million Funding

NEW YORK — BetterCloud, a developer of Software-as-a-Service (Saas) operations management platform, has closed a $60 million Series E financing round led by new investor Bain Capital Ventures. Also participating are existing investors Accel, Greycroft Partners (through Greycroft Growth), Flybridge Capital Partners, Tribeca Venture Partners, and New Amsterdam Growth Capital. This new round brings BetterCloud’s […]