Page 7 - David Orowitz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Chauncey Alcorn, CNN Business New York City tourism and real estate officials are hoping Thursday night's New Year's 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. However, business leaders still expect the area to make a full economic recovery once Covid-19 vacc...

New York: Times Square hasn't 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 documents with senior lender Goldman Sachs Group Inc. to allow for an additional $250 million in EB-5...

450 West 31st Street, New York, NY 10001 Phone: 212-260-1332 We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. click hereOk, Got it Privacy & Cookies Policy Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this ...