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 ]
On December 19, police in Jowhar, the capital of Hirshabelle state, raided the privately owned City FM broadcaster, briefly detained Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-12-23 23:00:13 UTC ]
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WHEN I WAS a student in Perm, Russia, my university friend told me that her grandparents were kulaks. The term dates back to the era of collectivization, a harsh agrarian reform that took place in the Soviet Union between the late 1920s and the early ’30s. Hitherto privately owned land and... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2019-12-14 18:00:21 UTC ]
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The National Literacy Trust (NLT) has elected Joanna Prior as vice chair of their board of trustees. Continue reading at The Bookseller
[ The Bookseller | 2019-12-04 16:31:09 UTC ]
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Purchase of British Steel gives privately owned Chinese steelmaker Jingye chance to grow outside home market dominated by giant state-owned mills Continue reading at ABC News
[ ABC News | 2019-11-13 11:03:39 UTC ]
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Judging by the dozens of cannabis pitches I receive weekly, weed—which is increasingly gaining recreational legal status across the U.S., despite the hundreds of thousands of people who continue to be arrested for it every year—is ripe for advertising opportunities. Here’s one standout cannabis... Continue reading at Advertising Age
[ Advertising Age | 2019-10-04 20:07:05 UTC ]
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Academic and policy expert Richard Fisher has been named the vice chair of the board of trustees at Yale University Press London. Continue reading at The Bookseller
[ The Bookseller | 2018-01-23 00:00:00 UTC ]
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'Rooster Bar' author John Grisham sinks his teeth into a juicy target: privately owned, for-profit law schools Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2017-12-19 00:00:00 UTC ]
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Sarah Minty, vice chair of SYP London, says future publishers need to do more than just love books. Continue reading at The Bookseller
[ The Bookseller | 2017-04-13 00:00:00 UTC ]
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Rep. Duncan Hunter (R-Alpine) has been pushing the U.S. Coast Guard to buy or lease a polar ice-breaking ship owned by one of his top campaign contributors, although officials repeatedly have said the vessel doesn’t meet the service’s needs. The ship in question, the Aiviq, is a privately owned,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-10-13 00:00:00 UTC ]
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