Page 4 - David Orowitz News Today

By Chauncey Alcorn, CNN Business New York City tourism and real estate officials are hoping Thursday nights New Years Eve celebration will mark a turning point for Times Square, the Manhattan neighborhood that has become a symbol of sorts for the economic ills of the Covid-19 economy. Commerce among the more than 1,500 businesses in the tourist destination and business district — centrally located between major public transportation hubs — has been decimated by the pandemic. H...

New York: Times Square hasnt lost its cachet with foreign investors. TSX Broadway, a $2.5 billion mixed-use project in the heart of Manhattan, has attracted more than $100 million in the past week from foreign investors who back real estate developments in return for US visas, according to a person familiar with the matter. The new capital comes after developers of the project at 1568 Broadway - which includes retail space, a hotel and an elevated stage for live events - modified their loan do...

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