Not long before FTX collapsed in November, its founder, Sam Bankman-Fried, sent $400 million to an obscure cryptocurrency trading firm called Modulo Capital.The fledgling firm, which was founded in March […]
Manhattan (NYC)
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Back to news homeArchitects Are the Latest White-Collar Workers Drawn to Unions
For decades, architects have enjoyed a place alongside doctors and lawyers among the professionals most revered by pop culture and future in-laws.And for good reason. Architects spend years in school […]
Wall Street Warms Up, Grudgingly, to Remote Work, Unthinkable Before Covid
In private, many senior bank executives tasked with raising attendance among their direct reports expressed irritation. They said it was unfair for highly paid employees to keep working from home […]
At New York Comic Con, Masks Are No Longer Just for Fun
As the events industry tries to gain its footing this year after a disastrous 2020, conventions are facing smaller crowds and stricter safety protocols.At New York Comic Con, which opened […]
Retailers Rethink Pandemic-Battered Manhattan
In the heart of Manhattan’s garment district, a once-busy Starbucks on the corner of Eighth Avenue and 39th Street sits empty. Just down the block, a Dos Toros Taqueria that […]
A Skeptical Stock Analyst Wins Big by Seeking Out Frauds
Last month, federal authorities charged the founder of the electric vehicle manufacturer Nikola, which had gone public in the summer of 2020, with defrauding investors. They were led there partly […]
Buy My House, But I’m Taking the Toilet
In any market, it is not uncommon for buyers and sellers to spar over light fixtures, window treatments and appliances, with million-dollar deals sometimes unraveling over items that cost a […]
Lower Rents? Check. Speakeasy? Check. How Office Landlords Are Enticing Tenants.
“It used to be like, ‘Wait, why is that guy onscreen? If he wanted a meeting, why didn’t he come to SoHo?’” said Leslie D. Biddle, a partner at the […]
After Pandemic, Shrinking Need for Office Space Could Crush Landlords
Roughly 17.3 percent of office space in Manhattan is available for lease, the most in at least three decades. Asking rents have dropped to just over $74 a square foot, […]
Goldman Sachs Partners’ Exits Point to a Changing Culture at the Bank
Late in March, Gregg Lemkau, the longtime co-head of investment banking and an executive who was widely considered a potential Goldman C.E.O., sent a Twitter post about getting up during […]