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New Yorkers React to Derek Chauvin Verdict


New Yorkers React to Derek Chauvin Verdict
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There is a chance of showers early in the day and then showers and possibly a thunderstorm after 3 p.m. Tonight will start most cloudy and then clear up.
Alternate-side parking: In effect until April 29 (Holy Thursday, Orthodox).
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Credit.Simbarashe Cha for The New York Times
In Times Square, people watching their phones shouted, “Guilty!” three times as the verdicts were read.
AniYa A, an author and member of the National Action Network, wiped tears from her eyes and clenched her fist in the air. “We’ve been praying for this,” she said. ....

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How New Yorkers Reacted to the Guilty Verdict in the Derek Chauvin Trial


Weather:
There is a chance of showers early in the day and then showers and possibly a thunderstorm after 3 p.m. Tonight will start most cloudy and then clear up.
Alternate-side parking: In effect until April 29 (Holy Thursday, Orthodox).
Image
Credit.Simbarashe Cha for The New York Times
In Times Square, people watching their phones shouted, “Guilty!” three times as the verdicts were read.
AniYa A, an author and member of the National Action Network, wiped tears from her eyes and clenched her fist in the air. “We’ve been praying for this,” she said.
A jury in Minneapolis had just found a former police officer, Derek Chauvin, guilty of murdering George Floyd, whose killing last May drew millions into the streets for the largest racial justice protests in generations. Mr. Chauvin was convicted on all three charges against him. ....

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The Climate Clock Now Ticks With a Tinge of Optimism


The Climate Clock Now Ticks With a Tinge of Optimism
The display in New York’s Union Square, which reports the window to address global warming, now also measures the rising use of renewable energy.
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April 19, 2021Updated 12:33 p.m. ET
A hint of optimism has been added to the Climate Clock, the set of decreasing numbers on the facade of a building in New York’s Union Square that was conceived by two artists and activists, to communicate the urgency of curbing carbon emissions.
Seven months ago, the artists Andrew Boyd and Gan Golan, assisted by others, redid “Metronome,” a public art project commissioned by the developers of One Union Square South and unveiled in 1999: Its clock, instead of measuring the time of day, would measure the time remaining, by some counts, to reduce emissions and prevent some effects of global warming from becoming irreversible. (About seven years, the clock’s creators said.) ....

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Largest Manhattan Real Estate Loans of November 2020


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From left: The Grace Building, 250 West 57th Street, 32-42 Broadway, and One Union Square South (Photos via Wikipedia Commons, ESRT, Google Maps, and StreetEasy)
The 10 largest Manhattan loans recorded in November totaled $2.12 billion, a 16 percent increase from October’s total.
More than half of that sum came from a single massive loan: a $1.25 billion refinancing of the 49-story Grace Building north of Bryant Park, which came in the form of a single-asset/single-borrower commercial mortgage-backed security transaction.
The market for such SASB CMBS deals has lately benefited from “pullback by competing insurers and banks that often lend to trophy properties and high quality portfolios,” according to a recent Kroll report on the CMBS market. October’s second-largest loan and September’s largest loan were also SASB deals. ....

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