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Business is thriving on Fifth Ave. in Midtown NYC, but the community has concerns about the redesign plans from the Mamdani administration.

Business is thriving on Fifth Ave. in Midtown NYC, but the community has concerns about the redesign plans from the Mamdani administration.

Fifth Avenue Shopping District Overview Fifth Avenue, stretching between East 40th and East 61st Streets in Midtown, stands out as the city’s top shopping destination. It leads in office and retail property tax revenue, generating about $1.53 billion annually, as reported by the Fifth Avenue Association Business Improvement District. This street pulses with activity. For […]

Netflix rejects claims of interest in acquiring Lionsgate

Netflix rejects claims of interest in acquiring Lionsgate

Netflix has clarified that it is not looking to buy Lionsgate, the studio known for the “John Wick” and “Hunger Games” franchises. This comes after Lionsgate reportedly lost a bid to acquire Roku, which Fox Corp. secured. While there’s been chatter about various media companies potentially having interest in Lionsgate, Netflix hasn’t officially indicated any […]

Apple set to introduce AI-powered AirPods and sunglasses, competing directly with Meta

Apple set to introduce AI-powered AirPods and sunglasses, competing directly with Meta

Apple’s Upcoming AI Product Launches Apple is preparing to unveil a range of new products, notably AirPods and smart glasses with integrated cameras and AI features. This move positions Apple squarely within the competitive landscape of AI devices, going head-to-head with Meta’s AI-powered camera sunglasses. The new AirPods are seen as a significant advancement in […]

Palisades Village reveals successful reopening date

Palisades Village reveals successful reopening date

Palisades Village Set for Remarkable Comeback Palisades Village is poised for a noteworthy return, with Errejon announcing the revival of the upscale grocery store at the Rick Caruso mall, which first opened in January. The Village plans to fully reopen this August, marking the completion of a significant $60 million revitalization effort. This is a […]

Pizza Hut is set to be sold for $2.7 billion following years of declining sales.

Pizza Hut is set to be sold for $2.7 billion following years of declining sales.

Pizza Hut to Be Sold for $2.7 Billion Hmm! Brands announced on Tuesday that it plans to sell Pizza Hut, which has been struggling with stagnant sales, for $2.7 billion. A private equity firm named Long Range Capital will be acquiring Pizza Hut’s operations—excluding mainland China—for approximately $1.5 billion. Meanwhile, Yum China Holdings will take […]

New York’s pied-à-terre tax might result in significant bills for all co-ops.

New York's pied-à-terre tax might result in significant bills for all co-ops.

A new pied-à-terre tax in New York State is raising concerns, particularly among real estate professionals and co-op advocates. They argue the legislation, initiated by Governor Kathy Hochul and supported by Mayor Zoran Mamdani, seems to overlook the intricacies of how co-op buildings function. “It’s the building as a whole that suffers, not just the […]

Trump administration willing to discuss foreigner ban with Anthropic

Trump administration willing to discuss foreigner ban with Anthropic

In Evian-les-Bains, France, there’s news that the Trump administration is open to negotiations with Anthropic regarding a recent order that restricts foreign access to its advanced AI model, according to a report. A high-ranking official in the White House, preferring to remain unnamed, hinted that the company might be able to engage directly with CEO […]