His next door neighbour, 360 Park Avenue South, has been empty since 2021 for redevelopment. The 20-storey building, which sold for $300m (£233m) that year, recently drew headlines after one of the owners handed over its 29% stake to one of its partners, walking away from commitments to fund $45m more in upgrades, in exchange for $1.
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Keir Starmer calls for extra tax on oil and gas producers
admin, , Business, 0
“Both those businesses make very, very little money in the UK, they are international businesses and they are held...
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House prices fall at fastest rate in 12 years, says Halifax
admin, , Business, 0
“With markets now forecasting a peak in Bank Rate of over 6%, the likelihood is that mortgage rates will...
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UAW strike: Ford and union agree record pay rise in tentative deal
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Ford chief executive and president Jim Farley said in a statement: “We are focused on restarting Kentucky Truck Plant,...
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Business rent holiday extension ‘will hit pension schemes’
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Image copyright Christopher Furlong Landlords have reacted with dismay to a further rent holiday for struggling businesses, saying it...
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TransPennine Express loses contract over poor service
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The government will now run the service after months of delays and cancellations.
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Supermarket food could soon carry eco-labels – study
admin, , Business, 0
Under the algorithm, the higher the score, the higher the environmental impact. As expected, foods containing more meat and...
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Daily Facebook users up again after first-ever decline
admin, , Business, 0
“Combined with the rise of TikTok, brand safety concerns, and a shift in social media user behaviour, there’s a...
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Firms say fresh wage subsidy may ‘cushion blow’
admin, , Business, 0
Image copyright Getty Images Businesses groups have largely welcomed a new wage support for workers at firms forced to...
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