Hilton to Dump Citi Cards For American Express


Hilton, one of the world’s largest hotel companies, announced that American Express has been selected as the exclusive issuer for Hilton Honors co-branded credit cards in the United States, beginning January 1, 2018. Hilton had been offering co-branded credit cards with both Citi and American Express. The announcement follows a comprehensive and competitive bidding process …

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Boozeapp Offers Liquor Delivery in Manhattan


NEW YORK — Want to have liquor delivered straight to your apartment or home in Manhattan? Then Boozeapp.com can help. Boozeapp.com is an on-demand liquor delivery service offering beer, wine, liquor, mixers and bartending services in New York City. Boozeapp partners with neighborhood liquor stores to deliver liquor instantly under an hour or for a …

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85 Broad Street Bought for $650 Million

Ivanhoé Cambridge and its partner Callahan Capital Properties Acquire 85 Broad Street in Downtown Manhattan (CNW Group/Ivanhoé Cambridge)

Ivanhoé Cambridge, a Montreal-based real estate investor, and its partner Callahan Capital Properties have acquired 85 Broad Street, a prestigious office building located in the Financial District of Downtown Manhattan for $650 million. 85 Broad Street is a 1.1-million-square-foot office tower situated on the full block of Broad Street between South William and Pearl streets. …

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NBA Finals Most Watched Since 1998


The 2017 NBA Finals on ABC – the Golden State Warriors defeated the Cleveland Cavaliers 4-1 to win the NBA Championship – was the most-watched NBA Finals since 1998, according to Nielsen. The five-game series averaged a total live audience (television plus streaming) of 20,840,000 average viewers, up from 20,578,000 viewers for last year’s seven-game …

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Event Management Agency LDJ Launches Startup Accelerator


NEW YORK — LDJ Productions, a full-service event management agency, has created a startup accelerator, “FUTURES NYC“, to be housed at the company’s new headquarters at 110 Leroy Street. Focused on emerging technology in the live events industry, FUTURES will provide workspace, access to clients, mentorship, and tailored workshops to participating startups, curating a community of like-minded …

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Stanley Cup Finals Draw 4.7 Million Viewers


The six-game 2017 Stanley Cup Final featuring the Pittsburgh Penguins and Nashville Predators produced a Total Audience Delivery (TAD) of 4.762 million average viewers, making it the most-watched Stanley Cup Final on record without an Original Six team, according to Fast National Ratings from The Nielsen Company and digital data from Adobe Analytics. The NHL …

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Time Inc. Cuts 300 Positions

Time Inc. — publisher of Time, People, Fortune and Sports Illustrated magazines — has cut 300 workers or about 4% of its total workforce according to Reuters. The job losses include both layoffs and budgets. Time Inc. is one of the nation’s leading magazine publishers but has seen magazine circulation and advertising decline with the …

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Paramount Refinances 712 Fifth Avenue


NEW YORK — Paramount Group, a real estate investment trust, said it has completed a $300 million refinancing of 712 Fifth Avenue, a 543,000 square foot Class A office and retail building located in the Plaza District of New York. The new 10-year interest-only loan matures in July 2027 and has a fixed rate of 3.39%. The net proceeds …

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TIAA Completes Deal for Everbank


NEW YORK — TIAA, a leading financial services provider, announced has completed its acquisition of Florida-based EverBank Financial Corp (NYSE:EVER) and its wholly owned subsidiary EverBank. The transaction was originally announced August 8, 2016. The deal significantly expands TIAA’s existing retail banking and lending products and complements the company’s full suite of retirement, investment and …

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