Bill Ackman yanks Pershing Square IPO day after seeking to raise $2B
Activist investor Bill Ackman on Wednesday withdrew a high-profile initial public offering for Pershing Square USA Inc., a day after disclosing that a new portfolio would raise $2 billion in capital that had already been reduced. The billionaire head of Pershing Square Capital Management had initially postponed the launch of his PSUS fund, which was […]
Hamas flag-wielding anti-Israel protesters show off portraits of killed terrorist leader Ismail Haniyeh in shocking Times Square rally
Anti-Israel protesters held up portraits of assassinated Hamas leader Ismail Haniyeh and waved pro-terror flags in a shocking demonstration in Times Square on Wednesday afternoon. The hate-filled crowd chanted “Free Palestine” and one protester held up a flag representing Hamas, while another held up a photo of Haniya. Anti-Israel protesters waved Hezbollah and Hamas flags […]
Bill Ackman’s Pershing Square seeking $2B for IPO — well below $25B target
Billionaire Bill Ackman said Tuesday he will raise about $2 billion for his new portfolio, just a fraction of the $25 billion the hedge fund manager was initially seeking to raise. Pershing Square USA, Ackman’s first new investment vehicle in a decade, plans to sell up to 40 million shares at $50 apiece. The company […]
Migrant in vicious Times Square attack on cops takes plea deal
One of several undocumented immigrants accused of assaulting two NYPD officers in Times Square earlier this year accepted a plea deal in court on Monday. Under terms of the deal offered by the Manhattan District Attorney’s Office, Darwin Gomez Izquier, 19, will serve 364 days in prison. The other immigrants, Yohenry Brito, 24, and Ulises […]
Theater workers’ union opposes casino bid for Times Square
The HOV might get caught on the hook. The union representing the majority of Broadway theater employees wants to scrap a “blueprint” for a Times Square casino project backed by rapper Jay-Z. “A casino in New York would add a new dimension to New York City’s vibrant entertainment industry, but locating it in the middle […]
Oregon ‘megafire’ burns over 200 square miles with just 16% contained
A massive “megafire” blazing through eastern Oregon has burned more than 200 square miles, but state fire officials say it is human-caused. The Cow Valley Fire has been raging since Thursday and has burned more than 133,000 acres. As of Tuesday evening, it was only 16 percent contained. According to the Oregon Fire and Hot […]
Times Square chaos sees 3 slashed, 1 pepper-sprayed and bitten in just four hours: cops
Three people were stabbed in the Times Square area overnight on the subway and in the street, and another was pepper sprayed and bitten, authorities said. In the most recent incident, a 26-year-old man was slashed on the right arm on the Times Square Platform 7 subway at approximately 3:45 a.m. in what appeared to […]
Multiple brawls break out at Washington Square Park during Pride celebration: video
Shocking footage showed multiple fights and chaos erupting in Washington Square Park in the aftermath of New York City’s Pride Parade on Sunday, with police struggling to control rowdy crowds. Video of the incredible scene showed several troublemakers turning the crowded park into their own personal boxing ring, exchanging punches and pulling each other’s hair, […]
Ex-WeWork space converted into first NYC site for flexible leasing firm The Square
The former WeWork floor at 205 Hudson St. in Hines will remain as a co-working space, but with a different business model and some sections will be redesigned. Hines, which owns the boutique office tower in a joint venture with Trinity Church Wall Street and Norges Bank Investment Management, has converted 63,000 square feet of […]
Conservative Group Backs Alexandria Ocasio-Cortez’s Primary Challenger with Times Square Billboards, $100K in Media
The Keep America America Action Fund, a super PAC with ties to the Job Creators Network, a small business advocacy group, is backing investment banker Marty Dolan, who is trying to unseat far-left Rep. Alexandria Ocasio-Cortez in the Democratic primary for the 14th Congressional District. The PAC is spending $100,000 on media and social media […]