American Equity Partners (AEP) bought 1 Tower Center, a 24-story office block, in 2019 for $38 million—a good deal at the time but a higher price than many similar buildings fetch now.
Category: HOMEPAGE
ROBOTICS AND AI AUTOMATION VS. LONGSHOREMEN’S UNION
Automation: it’s a major reason why a national strike by America’s unionized dock workers may be about to bring the country to a supply chain standstill.
WHEN ALL ELSE FAILS, THEY TAKE YOU TO WAR: NETANYAHU RISES IN POLLS AS HE RAMPS UP WAR
Israeli Prime Minister Benjamin Netanyahu has benefited politically from his recent terror attacks in Lebanon, and polls show that his Likud party is the most popular in the country—after suffering a setback after the Hamas attack last year.
ZELENSKY’S VICTORY PLAN EQUALS DEFEAT
Ukrainian President Volodymyr Zelensky presented the Biden administration with his so-called “victory plan” last week and the initial reaction in the White House is doubt that the strategy presents any new ideas to end the war and expel Russian forces.
ECONOMIC UPDATE—MARKET OVERVIEW
On 20 September, gold surpassed $2,600 for the first time after the U.S. Federal Reserve reduced its interest rates by 50 basis points two days earlier.
DON’T BET ON IT: CEOS SAY REMOTE WORK IS ENDING
Seventy-nine percent of CEOs told KPMG’s 2024 CEO Outlook Survey that remote work will largely be over within two years.
UN GENERAL ASSEMBLY ADOPTS RESOLUTION CALLING ON ISRAEL TO END ILLEGAL OCCUPATION OF PALESTINIAN TERRITORIES
The UN General Assembly last week adopted a nonbinding resolution in a 124-12 vote that calls on Israel to end its illegal occupation of the Palestinian territories and “do so no later than 12 months.”
GHOST MEMES NOW ILLEGAL
A decade ago, a years-long battle was waged over what the Federal government labeled "ghost guns" (for more on that, see Jessica Solce’s excellent documentary Death Athletic.)
MASSIVE UKRAINIAN DRONE STRIKE ON RUSSIAN ARMS DEPOT
Ukraine launched a major drone attack on a munitions site in Russia’s Toropets last week, resulting in massive explosions and smoke visible from space.
NEW YORK CITY’S COVID CZAR ATTENDED SEX PARTIES, DANCES WHILE TELLING YOU TO MASK UP, AVOID CROWDS
Dr. Jay K. Varma, the so-called New York City COVID czar, who told New Yorkers to mask up and avoid crowds, attended kinky sex parties with hundreds of guests at the height of the pandemic.