New York RealEstate News - Blackstone opens Beijing officeU.S.

Blackstone opens Beijing office
U.S. private equity firm the Blackstone Group opened its China office in Beijing on Monday to further expand its business in the country.

Bear Stearns' Cayne was near death in September: report
Former Bear Stearns Chief Executive James Cayne came close to dying last September from sepsis triggered by a severe prostate infection, Fortune Magazine reports on Monday on its website.

Baseball: Mavs' owner sets his sights on Cubs
Think of it: Mark Cuban as the Chicago Cubs' owner, bonding with the Bleacher Bums at Wrigley Field, splurging for rounds of Old Style beer and screaming at umpires.

US services probably fell: report
TRIMMING: Employers cut 51,000 workers from payrolls last month as the slowdown grows, with gasoline prices high, credit hard to obtain and stalled factory activity BLOOMBERG Monday, Aug 04, 2008, Page 10 …

New York RealEstate News - Credit Crunch Reaches Critical

Credit Crunch Reaches Critical Mass
Some might not recognize it, but Yes Virginia, There Is A Credit Crunch. Let's look at a few examples of the credit crunch in action.

Israeli PM to resign, won't run in party primary
WP: Joba Chamberlain ; LP: Dennis Sarfate . –PITCHING– BALTIMORE: D.Sarfate, B.Burres- , F.Cabrera- , A.Castillo- NY YANKEES: J.Chamberlain, D.Robertson- , D.Giese- –HOME RUNS– BALTIMORE: J.Castro , none on …

Big business and Andover: Philips news latest sign of town's strength
First in an occasional series on Andover's heavy hitters in business. When it comes to the taxes it pays, Wyeth has Andover's community, youth and elder services covered.

Fix It Up. Flip It. Now It's Web Sites, Not Houses
The New York Times: Dave Hermansen did not own a bird or a cage when he bought bird-cage.com, an online store, for $1,800 three years ago.

New York RealEstate News - July 28, 2008 Issue

July 28, 2008 Issue of New York Magazine
Braised-goat tacos, tiny cheeseburgers, street-meat skewers, arepas, empanadas, Thai noodles, Japanese noodles, kind-of-healthy Chinese food, fancy bar food, blueberry pancakes, bratwurst, and many, many, many …

Asian stocks gain on oil news, U.S. earnings
HONG KONG - Asian stock markets rose sharply Monday as sentiment improved thanks to lower crude oil prices and stronger-than-expected earnings from U.S. banks.

Unlike McCain, many seniors depend on Web
Republican presidential candidate Sen. John McCain, R-Ariz., answers a question as he talks to media during a campaign stop at the Eggery in Phoenix, Ariz., Monday, July 14, 2008.

Major Media Outlets Finally Discover the Debt Danger
My film In Debt we Trust was largely ignored or put down by the mainstream media as alarmist and worse.

New York RealEstate News - Merrill Lynch Abandons World

Merrill Lynch Abandons World Trade Center
Merrill Lynch is walking away from the World Trade Center, published reports reveal this morning.

Fannie's Lesson: The Real Scandals Are Legal
"Fannie Mae has been a government-sponsored wealth generator for its executives.

Most Asia markets rebound as investors relieved by falling oil prices, Wall Street rally
Most Asian markets rebounded Thursday as investors cheered falling oil prices and an overnight rally on Wall Street.

Manufacturing in Philadelphia Region Shrinks as Orders, Employment Decline
Manufacturing in the Philadelphia region shrank in July for an eighth straight month as orders and employment sank.

Trump Closes Sale on 95 (100) Million Dollar Home in Palm Beach
Donald Trump is a promoter. The Palm Beach Daily News reports that the Palm Beach home, Maison L'Amite on North Country Road, has sold for 95 million dollars.

New York RealEstate News - Casting a Wide NetOnline

Casting a Wide Net
Online retail is a little like the New York real estate market: still going up while everything else is going down.

to prepare
Apple will continue to have rich harvest Q. I'm considering the purchase of 200 shares of Dell computer or 25 shares of Apple, and I can't make a decision.

Woodbridge Holdings Corporation: Woodbridge Holdings Corporation…
As previously disclosed, the Debtors had asserted claims against Woodbridge, including an entitlement to a portion of the federal income tax refund which Woodbridge will receive as a result of Levitt and Sons' …

New York RealEstate News - Building has residents in

Building has residents in a spin
This artist rendering shows a rotating skyscraper that is to be built in Dubai, the United Arab Emirates, in various stages of movement.

'Pisay' dominates 2008 EnPress Awards
Entertainment Press Society, Inc. recently named winners in its annual awards awarding ceremony held at Zirkoh Bar in Greenhills in San Juan City on Tuesday, June 24.

Exclusive on the Web:
RadioShack's Ft. Worth headquarter has traded hands, according to the Dallas Morning News.

Personal paparazzi make average Joes feel like stars
The white SUV limo whisked 15 men from the Signature Room to La Pomme Rouge to Martini Park to Stone Lotus.

New York RealEstate News - On The Bright Side:

On The Bright Side: Students turn insect lesson into video
ONEONTA _ Second-graders from Greater Plains Elementary used the latest in computer technology Wednesday to show off what they learned while researching their many-legged friends.

Page One
Tina Champlain stood on top of the Falconer Junior-Senior High School building last week and looked down at a masterpiece taking shape.

224 West 4th Street
Hungry for stardom and going nowhere in vaudeville, Mae bit the bait: a chance to star in a play The Ginger Box that could make her a star.

Toronto home sales plunge
Halfway into a year that has been more bust than robust for some realtors, the Toronto-area housing market is on its way to a sixth consecutive month of declining sales.

133 East 56th Street
In palmier times, a well-regarded restaurant was located on the street level: Madame Romaine DeLyonn.

New York RealEstate News - Goldman, Morgan Stanley Fixed-Income

Goldman, Morgan Stanley Fixed-Income Earnings Mask Reliance on Commodities
On Wall Street, where just about everyone has lost confidence in financial assets, Goldman Sachs Group Inc.

McClatchy plans 10 percent cut in jobs
The McClatchy Co., battered by declining profits and revenue, announced a 10 percent companywide cut in its workforce today, including the Sacramento publisher's first-ever across-the-board layoffs.

'Celebrities Bill' Muzzles Press
June 16, 2008 — AFTER recently winning deserved acclaim for passing the Libel Terrorism Bill, the Legislature is at risk of jeopardizing New York's status as a haven for press freedom by rushing through a new …

GE shares fall on call to shed more units
J.P. Morgan said the second-largest U.S. company by market capitalization needed to sell off wide swaths of its operations to restore investor confidence.

New York RealEstate News - Stocks, Real Estate and

Stocks, Real Estate and Oil Are All Overvalued, According to Marc Faber
Stocks, property and commodities are overvalued as an economic slowdown and inflation will curb earnings growth and erode the value of assets, investor Marc Faber said.

Time To Panic?
The Los Angeles Times leads with a look at how analysts will be keeping a close eye on this week's economic reports for hints about the state of the U.S. economy after Friday's news of surging oil prices and …

A buyer's lament: Trump himself blamed for Tampa tower mess
Deborah Frederick and husband James Frederick aren't typical investors. James Frederick retired from the U.S. Air Force when he was 38 and has suffered from a variety of medical problems since then involving …

Lehman to raise $6 billion in capital; $2.8 billion loss seen
Lehman Brothers Holdings Inc. on Monday confirmed it will report its first quarterly loss since going public, as the Wall Street investment bank set plans to raise $6 billion in capital.

New York RealEstate News - Renters profit from owners'

Renters profit from owners' pain
Renters may be the biggest winners in the current housing slump, especially in places like Florida, Las Vegas and Southern California, that have thousands of vacant for-sale and foreclosed homes and condos on …

Stocks Advance as Oil Price Drops; McDonald's, Wal-Mart, Visa Shares Climb
U.S. stocks advanced, rebounding from the worst drop in the Standard & Poor's 500 Index since February, after oil's retreat from a record and rising sales at McDonald's Corp.

U.S. Stock Futures Advance; Wal-Mart Stores, Alcoa Shares Rise in Germany
U.S. stock-index futures pared their advance after Lehman Brothers Holdings Inc.

SL Green Announces Leasing Trifecta at 1185 Avenue of the Americas and at 750 Third Avenue
RSM McGladrey Expands and Increases in Size to 164,771 Sq Ft at 1185 Avenue of the Americas Regent Business Centers Leases 52,418 Sq Ft at 750 Third Avenue NEW YORK– –SL Green Realty Corp.

Stocks, Real Estate and Oil Are All Overvalued, According to Marc Faber
Stocks, property and commodities are overvalued as an economic slowdown and inflation will curb earnings growth and erode the value of assets, investor Marc Faber said.