City backtracks on big Bronx industrial deal after ‘unauthorized’ video by Adams ally

Mayor Eric Adams’ administration is distancing itself from a planned acquisition of a large Bronx industrial center after it emerged that a city real estate official — who is close friends with Adams — had gone to unusual lengths to promote the deal.The administration had been in talks to purchase or lease the newly-built Bronx Industrial Center for as much as $670 million, City Councilman Lincoln Restler said at a hearing on Tuesday. Louis Molina, Commissioner of the Department of Citywide Administrative services, acknowledged that he had met to discuss the possible deal on Oct. 8 with his deputy, Jesse Hamilton, and brokers from Cushman & Wakefield, including the firm’s vice chair Diana Boutross. Days earlier, Hamilton’s and Boutross’s phones had been seized as part of a bribery probe by the Manhattan district attorney.But Molina appeared taken by surprise Tuesday when Restler showed a grainy video in which Hamilton, who supervises the city’s real estate holdings, encouraged city agencies to consider the “phenomenal,” “state-of-the-art industrial space.” Molina said he had never seen the video, which had previously been posted online but was not produced by DCAS’s communications office. Molina said that the acquisition of the Bronx Logistics Center was still “in the early stages of consideration.”Hours later Tuesday evening, the city disowned the whole concept. A DCAS spokesman said that the agency is “not moving forward with the lease or acquisition of the Bronx... Continue reading at 'Crains New York'

[ Crains New York | 2024-10-30 17:40:25 UTC ]
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The art of negotiating AI deals, according to Time COO Mark Howard

Time's chief operating officer took the stage at the Digiday Publishing Summit to share how he evaluates deals with AI companies. Continue reading at Digiday

[ Digiday | 2024-09-27 04:01:00 UTC ]
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Book Deals: Week of September 30, 2024

Summit Books preempts a screwball romantic comedy debut, Viking conspires with 'CrimeReads' on a psychological thriller, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-27 04:00:00 UTC ]
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The Best Children’s Book Deals of the Day for September 25, 2024

A monstrous family business, projects for crafty kids, a middle school knight, and more of today's best children's book deals. Continue reading at Book Riot

[ Book Riot | 2024-09-25 15:43:00 UTC ]
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Which Big Fall Book Should You Read?

Fall is the season of Big Books: the mega-hyped, the much-recommended, and the written-by-celebrities. And despite the fact that we’re in a (god-forsaken) election year, the literary cup, as usual, runneth over. So how’s a discerning gal or guy to choose which Big Book to read (first)? Just like... Continue reading at Literrary Hub

[ Literrary Hub | 2024-09-23 08:56:27 UTC ]
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Book Riot’s YA Book Deals of the Day for September 21, 2024

Ten outstanding YA books, fiction and nonfiction, are all under $3 this weekend. Fill up those ereaders! Continue reading at Book Riot

[ Book Riot | 2024-09-21 13:00:00 UTC ]
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DOJ vs. Google: Can the digital media industry learn from the last 15 years?

Can the industry save itself from short-term thinking, even if Google is dealt a blackened eye, or bloodied nose during a raft of government tussles? Continue reading at Digiday

[ Digiday | 2024-09-20 04:01:00 UTC ]
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Book Deals: Week of September 23, 2024

FSG signs a debut novel by the inaugural recipient of the FSG Writer’s Fellowship, Tami Hoag re-ups at Dutton, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-20 04:00:00 UTC ]
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AAP StatShot: US Book Industry Was Up 6.2 Percent in June

A 26.8-percent decrease in returns was a factor in the US market's trade net sales in June, according to the AAP's new StatShot report. The post AAP StatShot: US Book Industry Was Up 6.2 Percent in June appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-09-19 21:48:55 UTC ]
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Axel Springer’s media assets to be split off in €13.5bn KKR deal

Private equity group to control classified business while Mathias Döpfner and Friede Springer will run digital operationAxel Springer has struck a €13.5bn (£11.3bn) deal that will see its media assets, which include Politico, Business Insider and newspapers Bild and Die Welt, hived off into a... Continue reading at The Guardian

[ The Guardian | 2024-09-19 14:19:21 UTC ]
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Lionsgate signs a deal with the devil (an AI startup)

Remember when the Writers Guild of America (WGA) and SAG-AFTRA went on strike for months, in great part to get protections against AI? Well, while they did get some stipulations in there, it's not stopping AI from coming to Hollywood anyways. Lionsgate, the studio behind the John Wick and Hunger... Continue reading at Engadget

[ Engadget | 2024-09-18 15:10:46 UTC ]
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Can 'Empathy' be Saved? How Conservative Firebrand Allie Beth Stuckey Merges Politics, Policy, and Theology

In an August profile, 'The Atlantic' dubbed Allie Beth Stuckey "the new Phyllis Schlafly," a reference to the late far-right firebrand who drove the Equal Rights Amendment to defeat. PW talked with Stuckey about her book, 'Toxic Empathy: How Progressives Exploit Christian Compassion.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-17 04:00:00 UTC ]
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Religion Book Deals: September 18, 2024

IVP takes National Book Award-nominee Mitali Perkins's book to help kids pray the Beatitudes, WaterBrook takes mother and son duo Amber and Ollie Lia's book of devotions aimed at pre-teens and teens, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-17 04:00:00 UTC ]
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The Best YA Book Deals of the Day for September 14, 2024

A YA twist on THE MIST, a Korean-inspired take on ALICE IN WONDERLAND, and more of today's best YA book deals. Continue reading at Book Riot

[ Book Riot | 2024-09-14 13:00:00 UTC ]
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Annapurna's entire video game team has reportedly left the company

The entire Annapurna Interactive team has left the company after its executives walked out, according to Bloomberg. Apparently, the video game publisher's president, Nathan Gary, had been negotiating with Annapurna Pictures' founder Megan Ellison to spin off Annapurna Interactive into its own... Continue reading at Engadget

[ Engadget | 2024-09-13 12:30:45 UTC ]
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The Best Children’s eBook Deals of the Day for September 11, 2024

A celebration of kids and their dogs, a monster-hunting girl, and more of today's best children's book deals. Continue reading at Book Riot

[ Book Riot | 2024-09-11 14:46:00 UTC ]
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Book Riot’s YA Deals of the Day for September 7, 2024

A pair of sequels to hot YA titles, a nine-tailed fox, the truth of Lizzie Borden, and more of today's best YA book deals. Continue reading at Book Riot

[ Book Riot | 2024-09-07 13:00:00 UTC ]
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Big Publishers Saw Earnings Rebound in the First Half of 2024

Cost cuts and higher sales led to rises in profits at HarperCollins, Lagardère Publishing, and Penguin Random House in the first half of this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-06 04:00:00 UTC ]
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Book Deals: Week of September 9, 2024

FSG takes National Book Award winner Susan Choi’s new novel, Simon & Schuster lands a #1 French bestseller, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-06 04:00:00 UTC ]
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Brief Industry Insights on Drupa 2024

Held in Düsseldorf, Germany, every four years, Drupa is the largest printing technologies exhibition in the world. This year’s event, which ran from May 28 through June 7, drew 170,000 trade visitors, 80% of whom came from overseas, and 1,643 exhibitors. Themes throughout the fair’s 18... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-06 04:00:00 UTC ]
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Watch the Trailer for NIGHTBITCH Starring Amy Adams and More Book News!

Catch up on an exciting week of book news, including the trailer for NIGHTBITCH, Reese's 100th book club pick, and more. Continue reading at Book Riot

[ Book Riot | 2024-09-05 15:00:00 UTC ]
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