Ultra-Wealthy Are Souring on Chicago’s Most Elite Neighborhood
When Ken Griffin left Chicago, the billionaire listed several of his high-end properties in the Gold Coast, the city’s most exclusive neighborhood.
Latest Videos
The information you requested is not available at this time, please check back again soon.
When Ken Griffin left Chicago, the billionaire listed several of his high-end properties in the Gold Coast, the city’s most exclusive neighborhood.
Vietnamese prosecutors sought the death penalty for real estate tycoon Truong My Lan, indicted in a $12 billion fraud case for her role in bribing government officials, violating bank lending rules and embezzling funds, VnExpress news website reported.
Bank of America Corp. is cutting some office space in its headquarters in Hong Kong’s Central district, according to people familiar with the matter, underscoring the headwinds for the city’s commercial landlords.
One word echoed across trading floors from Tokyo to Singapore as the Bank of Japan raised rates for the first time in 17 years — ‘finally’.
China Evergrande Group’s alleged $78 billion revenue overstatement escalates the legal peril of founder Hui Ka Yan, who now stands at the center of one of the biggest financial fraud cases in history.
Jul 29, 2021
Bloomberg News
,(Bloomberg) -- Wegmans, the family-owned grocery chain with a cult following, is opening its first store in Manhattan.
The Rochester-based company, which opened its first New York City location at the Brooklyn Navy Yard in 2019, is taking over the former Kmart at Astor Place, according to a statement on Thursday.
Read more: America’s Favorite Cult Grocer Tries Its Magic in New York City
Wegmans signed a long-term lease with landlord Vornado Realty Trust, giving the grocery seller roughly 82,000 square feet of space at 770 Broadway. The store is slated to open in the second half of 2023.
The Kmart closed earlier this month after more than two decades at Astor Place. Wegman’s bought out the retailer’s lease as part of the deal with Vornado, according to the statement.
©2021 Bloomberg L.P.