In a chilling reminder of the ongoing global terror threat, a Pakistani citizen, Muhammad Shahzeb Khan, has been charged with plotting a mass shooting at a Jewish center in Brooklyn, New York. This attack, planned for October 7, 2024, was intended to mark the one-year anniversary of a brutal terrorist attack by Hamas on Israel, […]
New York City experienced a brief but intense power outage on Thursday night, causing widespread chaos. The blackout, originating from a fault at Con Edison’s plant in Brooklyn, led to dramatic scenes across the city. Reports flooded in of people trapped in elevators and significant subway delays lasting over 20 minutes. Chaos and Confusion in […]
In a jaw-dropping turn of events, former crypto billionaire Sam Bankman-Fried, founder of the collapsed FTX cryptocurrency exchange, was ordered to be jailed by U.S. District Judge Lewis Kaplan. The sensational decision arose from allegations that Bankman-Fried tampered with witnesses, casting a dark shadow over his already controversial profile. Crossing the Line: Billionaire’s Risky Moves […]
JLL’s Capital Markets group has secured $520 million in capitalization for the development of Sackett Place and Society Brooklyn, an impressive luxury waterfront mixed-use community in Gowanus, Brooklyn. The under-construction project consists of two towers, spanning 21 stories, and offering a total of 517 multi-housing units along with 10,000 square feet of retail space. JLL […]
Primark, an Irish multinational fast fashion retailer, is set to open three new stores in New York as part of its growth strategy to operate 60 stores in the US by 2026. Anticipated to open before 2023, the three new New York Metro stores are located at Roosevelt Field in Garden City, City Point in […]
Bridge Bancorp, Dime Community merger : Bridge Bancorp has signed an all-stock merger deal worth about $489 million with rival New York State bank holding company Dime Community Bancshares. The merger deal is being taken up for establishing a premier community-based business bank with over $11 billion in assets under management, total deposits of over […]
THG acquisition of BR Vital Brokerage : US middle market insurance agency The Hilb Group (THG) has acquired acquisition of New York-based BR Vital Brokerage (BRV) for an undisclosed price, as per the latest insurance acquisition news. BR Vital Brokerage is an independent insurance brokerage firm, which mainly offers property and casualty insurance. The insurance […]
Weav Music, a musictech startup based in Brooklyn, New York City, has raised $5 million in a Series A financing round to expand its adaptive music platform, which is available currently under its Weav Run app. The audio innovation lab, which is led by Lars Rasmussen – co-founder of Google Maps and Elomida Visviki – […]