Business

NYC real estate empire rocked by property mogul’s marital strife

A police call last month over a domestic disturbance in Palm Beach, Fla., is threatening to rock a New York real estate empire controlled by a pair of feuding brothers, The Post has learned. Around 10 p.m. on Dec. 9, Palm Beach police answered a 911..

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Glamorous, trendy Times Square hotel tower has new owners

A Natixis-led lenders group won control of 20 Times Square in a Jan. 26 public foreclosure auction when outside bidders failed to top their offer, Realty Check has learned. The brightly lit, 42-story tower at Seventh Avenue and West 47th Street is ho..

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These woke pols want student loans forgiven — including their own

Many of the woke politicians who have pushed for student-loan cancellation are themselves hip-deep in school debt, federal records reviewed by The Post show. Most members of “The Squad” — the coterie of socialist legislators led by Rep. Alexandria O..

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Trading app Robinhood sinks 11% in after-hours trade after posting loss

Robinhood shares dropped some 11% in after-hours trade Thursday after it posted a net loss for the quarter despite edging past analysts’ estimates for quarterly revenue as strong crypto trading boosted transaction volumes at the online brokerage. Ro..

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Apple reports record $124B in quarterly revenue, shrugging off supply woes

Apple said it reaped a record $124 billion in revenue in its fiscal first quarter — an 11% increase from last year which was fueled by strong holiday sales, particularly of its Mac computers. The iPhone maker says it turned a profit of $34.6 billion..

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As meme stocks fall, sports betting apps are angling for customers

As battered-down meme stocks fall out of fashion a year after the craze began, some gaming industry analysts say online sports betting apps could see a flood of new wagers. Over the past 12 months, mentions of GameStop on the Reddit board WallStree..

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NJ restaurants go viral for threatening workers with ‘5 star’ review policy

Two New Jersey chain restaurants found themselves in hot water after photos went viral of an employee notice that stated workers were required to earn online reviews of “five stars” in order to keep their jobs. Both Tio Taco and Tequila Bar along wi..

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State says NYC restaurant can’t offer 25 cent drinks to fight January blues

The long arm of the law doesn’t like bargain basement cocktail specials – even if they’re whipped up to help struggling restaurants drum up business during a slow January. Anton’s, the West Village eatery that drew crowds – and a column in last week..

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Pfizer made $80B last year – but being stingy with property promised to NYC charter, officials say

Drug manufacturing giant Pfizer — which is projected to report industry shattering $80 billion in business for last year thanks largely to sales of its coronavirus vaccine — is sticking charter school kids in Brooklyn with an injection of rejection, ..

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Goldman Sachs, JPMorgan bankers get $15M bonuses — and investors aren’t thrilled

Top bankers at Goldman Sachs and JPMorgan got bonuses as high as $15 million this week after last year’s flurry of dealmaking — and investors aren’t happy. Bank stocks fell sharply even with the bumper year for mergers and stock offerings after they..

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Citi asks NYC-area workers to return to the office in February

It’s back-to-the-office for workers at Citi in the New York City area. The Wall Street giant is asking all tri-state area employees to return to the office Feb. 7 as cases of coronavirus gradually subside. Elsewhere in the U.S., the bank is keepin..

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Erotic app Quinn, founded by Snapchat CEO’s sis, has 300K subscribers

The “audio porn” app created by the sister of Snapchat founder Evan Spiegel is gaining traction as it recently surpassed 300,000 subscribers. Quinn, which offers erotic content geared toward women, was founded in 2019 by 24-year-old Caroline Spiegel..

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