Kushners Unload 666 Fifth Ave. to Brookfield in 99-Year Lease
August 4, 2018

The Kushner family’s real estate company has secured a crucial investment in its over-leveraged New York skyscraper, reaching a deal to lease the building’s office space for 99 years to a Canadian asset manager.

The arrangement with Brookfield Asset Management Continue reading

Trump Assails FBI Raid on His Lawyers Office as Disgraceful
April 13, 2018
  • Cohen paid $130,000 to Stormy Daniels in ‘hush agreement’
  • Raid signals criminal probe by FBI, but its target is unclear

President Donald Trump condemned as “disgraceful” an FBI raid on the office and hotel room of his longtime lawyer and Continue reading

Tax-Hike Fears Trigger Talk of Exodus From Manhattan and Greenwich
December 3, 2017

Even Bruce McGuire, founder of the Connecticut Hedge Fund Association, understands if wealthy Northeasterners flee the region due to changes in the tax code.

“It would almost be irresponsible if you weren’t thinking about moving,” he said.

The problem for Continue reading

Everything Is Crazy and the Markets Arent Freaking Out
November 3, 2017

At Credit Suisse Group AG’s prime brokerage desk in midtown Manhattan, the phone hardly seems to ring anymore. Its hedge fund clients don’t call about Donald Trump’s tweetstorms and the stock market or ask what to do when terrorists Continue reading

Top NCAA Programs Embroiled in Kickback Scandal
October 20, 2017

Top-tier college basketball programs were thrown into turmoil Tuesday as federal prosecutors unveiled criminal charges against 10 coaches, managers, financial advisers and representatives of sportswear companies including Adidas AG, accusing them of making illicit payments to cash in on the Continue reading

Kushners Control of Familys NYC Crown Jewel Is Now in Jeopardy
October 18, 2017

An ambitious plan by Jared Kushner’s family to recast its indebted Fifth Avenue office building as a luxury architectural trophy is collapsing, setting off a chain of events that may imperil the Kushners’ ownership of a property central to their Continue reading