Government Legal

Trump Charity Sued by NY Attorney General

NEW YORK – NY Attorney General Barbara Underwood has filed a lawsuit against the Donald J. Trump Foundation, and its directors, Donald J. Trump (now the President of the United States), his sons and daughters Donald J. Trump, Jr., Ivanka Trump, and Eric Trump. The petition filed alleges a pattern of persistent illegal conduct, occurring over […]


AT&T Completes Time Warner Buy

AT&T has completed its $85 billion acquisition of Time Warner Inc., just two days after a federal judge ruled against objections to the deal by the Department of Justice. The deal brings together global media and entertainment leaders Warner Bros., HBO and Turner with AT&T’s strong presence in technology and its video, mobile and broadband […]


Breather Gets Fresh $45 Million Investment

NEW YORK — Breather, a provider of flexible and private workspace, has raised approximately $45 million in fresh financing led by Menlo Ventures and other firms including Canadian pension fund la Caisse de dépôt et placement du Québec (“la Caisse”), Ascendas-Singbridge and Singapore national fund Temasek. Breather has raised nearly $120 million to date, with locations […]


Starbucks Launches Prepaid Card With Chase

Starbucks has partnered with Chase to launch a new prepaid debit card. The Starbucks Rewards Visa Prepaid Card is the first prepaid or debit product where you can earn Stars (reward points) outside of Starbucks. It is the only general purpose reloadable (GPR) prepaid product that allows you to earn Stars for purchases you make […]


Hello Alfred Welcomes $40 Million Round

NEW YORK — Hello Alfred, a New York-based service technology company building the first in-home assistant service, has closed a $40 million Series B funding round. The new investment was led by a syndicate of strategic partners, including real estate developers Divco West and Invesco. Early investors, including New Enterprise Associates (NEA) and Spark Capital, also […]


Dreams App Raises $5 Million

NEW YORK – Dreams, a TV app designed for your phone, launched publicly last month with ten mobile TV channels offering live news and entertainment. The app’s made-for-mobile TV channels were built in collaboration with media partners including Discovery and Bloomberg Media Distribution, and include content licensed from BBC Studios. Dreams also announced it has raised […]


Brooklyn Navy Yard Project Could Add 1,000 Jobs

NEW YORK — The Brooklyn Navy Yard Development Corporation and Steiner NYC today broke ground on 399 Sands Street, the latest addition of manufacturing and creative office space at the 300-acre Brooklyn Navy Yard and a key component of Steiner’s Admirals Row project. Deputy Mayor for Housing and Economic Development Alicia Glen announced a $40 […]

Real Estate

Howard Hughes Corp. Buys 250 Water St.

NEW YORK — The Howard Hughes Corporation has purchased a one-acre property for $180 million at 250 Water Street in Lower Manhattan from Peck Slip Associates, an entity controlled by the Milstein family. The one-acre site, currently used as a parking lot, encompasses a full city block bounded by Peck Slip, Pearl Street, Water Street, and Beekman Street. The […]


Westgate Buys Former Hilton Hotel on East Side

Westgate Resorts has acquired the former Hilton New York Grand Central, a 23-floor, 300-room, two-tower hotel located in the historic Tudor City neighborhood in Midtown Manhattan’s East Side. The hotel has been rebranded Westgate New York City. “It is with great excitement that I announce Westgate has purchased its first urban hotel located in none other […]


Murray Named New WSJ Editor

NEW YORK – Matt Murray has been named the new Editor-in-Chief of The Wall Street Journal and Dow Jones Newswires, succeeding Gerard Baker, who will move to a new position as the Journal’s Editor-at-Large, which will include regular writing and hosting the paper’s expanding network of conferences and events. Baker will also host a new […]