Buffy Wicks defends ‘disastrous’ $250M Google deal with newspapers
The California Democrat, who brokered a funding deal for local newsrooms with Google, defended the controversial partnership, arguing it was the best he could come up with during tough negotiations with the powerful search giant. Rep. Buffy Wicks led the negotiations for the roughly $250 million truce, but critics say it allows Google and other […]
California, Google’s paltry $250M million deal to fund newsroom blasted as ‘disastrous’ by critics
A controversial deal between Google and California lawmakers over funding for local news organizations has been heavily panned by critics, with one major journalists union slamming the deal as a “blackmail” that would be “devastating” for the industry. The deal, billed as a “first-of-the-nation partnership” to help cash-strapped publishers and protect jobs, would allow Google […]
Owner of 60 Wall St. makes bold bet with massive $250M revamp
The beleaguered Financial District’s best hope — and its owner’s biggest challenge — is 60 Wall St., a vacant, 1.6 million-square-foot tower where Paramount Group has launched a marketing and leasing campaign as it completes a $250 million renovation. Developed for JPMorgan in the 1980s, the 47-storey tower was until recently owned by Deutsche Bank, […]
Tim Walz’s $250M state program to feed hungry kids fraudulently spent on luxury goods, overseas real estate
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