Spain fire engulfs 2 buildings in Valencia
Four people were killed and 19 others missing after a fire broke out in the eastern Spanish city of Valencia on Thursday, authorities said, hours after the blaze broke out. Officials said residents evacuated by the fire took refuge on balconies and some were rescued by firefighters. Firefighters rushed to the scene on the outskirts […]
AG Letitia James says she will seek to seize Trump’s buildings if he doesn’t pay $363 million fine from fraud case
New York Attorney General Letitia James wants a judge to foreclose on the building if former President Donald Trump is unable or unwilling to pay $363 million in fines from a civil fraud case. said. Trump, his sons and the Trump Organization were ordered Friday to pay fines after a judge said they fraudulently overestimated […]
Yellen: It’s ‘obvious’ that empty office buildings will create banking stress and losses – CNN
Robert Schmidt/AFP/Getty Images Treasury Secretary Janet Yellen testifies at the Capitol in Washington, DC on February 6, 2024. Story highlights Yellen said that while large banks’ exposure to commercial real estate is “pretty low,” some smaller banks may be facing stress. Yellen also added that she believed the problem was manageable. Yellen emphasized how inflation […]
Big office deals returns — but only in NYC’s best new buildings
Despite a slow 2023, the office rental industry came back to life in the fourth quarter with the year's largest deal completion. Law firms led the charge by signing large leases after Labor Day. Davis Polk renewed RXR's lease at 450 Lexington Avenue, expanding it to 630,000 square feet. Paul Weiss is moving from 1285 […]
Bomb threats prompt evacuations of government buildings in several states, but no explosives found
JACKSON, Miss. (AP) – Government buildings in multiple states were evacuated Thursday following bomb threats, causing brief chaos in some areas for the second day in a row. The Mississippi State Capitol and courthouses in Arkansas, Hawaii, Maine, Montana and New Hampshire were evacuated or searched, but no explosives were immediately found and the buildings […]
Small earthquake hits NYC leading to buildings to shake
A small earthquake struck New York City Tuesday morning, shaking buildings on Roosevelt Island in the East River and leading to power outages. The U.S. Geological Survey (USGS) reported a magnitude 1.7 earthquake that struck Astoria, Queens around 5:45 a.m. Residents of Roosevelt Island were shaken, with residents reporting hearing a loud explosion, according to […]
At least a dozen dead in Japan after 7.6 earthquake strikes — buildings wrecked, power out in freezing temperatures
NANAO, Japan — Japan was struggling to grasp the extent of the damage from an earthquake that struck its west coast on Tuesday, leaving at least a dozen people dead, buildings and highways destroyed, and people stranded in subzero temperatures. A wide range of homes lost power. Earthquake of provisional magnitude 7.6 RBI A tsunami […]