Fancy Apartment Rentals for Paris Olympics See Poor Demand and Price Cuts
Locals who’d hoped to turn a big profit by renting out their posh apartments are now slashing prices by 30%-60%.
Latest Videos
The information you requested is not available at this time, please check back again soon.
Locals who’d hoped to turn a big profit by renting out their posh apartments are now slashing prices by 30%-60%.
The kingdom must overcome a conservative image and concern about human rights. Visit the desert oasis town of AlUla to understand the challenge.
Jury selection was completed Friday for Donald Trump’s first criminal trial, setting the stage for opening arguments Monday in a New York case accusing the former president of falsifying business records to conceal a sex scandal before the 2016 election.
Higher-than-expected interest rates amid persistent inflation are perceived as the biggest threat to financial stability among market participants and observers, according to the Federal Reserve.
Fifth Third Bancorp jumped the most in four months, leading bank stocks higher, with Chief Executive Officer Tim Spence predicting that income from lending has bottomed out.
Aug 14, 2018
Bloomberg News
,(Bloomberg) -- Howard Lorber, a Manhattan developer and executive chairman of Nathan’s Famous Inc., the hot dog company, is hosting a fundraiser for President Donald Trump in the Hamptons, according to two people familiar with the event.
Trump will attend both a roundtable with supporters and a luncheon at Lorber’s home in Southampton on Friday, according to the people, who asked not to be identified because the president’s trip hasn’t been publicly announced.
Last year, Trump described Lorber as one of his two best friends. In 1996, Trump and Lorber traveled to Moscow together to explore business opportunities.
Lorber was an economic adviser to Trump’s 2016 presidential campaign. And the president last year appointed him chairman of the board of trustees for the U.S. Holocaust Memorial Museum in Washington.
Lorber is chief executive officer of the Vector Group, parent company of the New York real estate powerhouse Douglas Elliman Realty. He didn’t respond to requests for comment.
The fundraiser will benefit Trump Victory, a joint committee for Trump’s 2020 campaign and the Republican National Committee, the people said.
--With assistance from Amanda Gordon.
To contact the reporter on this story: Jennifer Jacobs in Washington at jjacobs68@bloomberg.net
To contact the editors responsible for this story: Alex Wayne at awayne3@bloomberg.net, John Harney
©2018 Bloomberg L.P.