RFR Holding is more than 90 days delinquent on the mortgage for 90 Fifth Ave., according to Fitch Ratings, the latest sign of mounting strain for the developer fighting eviction from the Chrysler Building.The 140,000 square-foot building at the corner of West 14th Street is a small part of RFR’s 3 million square-foot portfolio, whose star is the fully occupied Seagram Building. Unfortunately for owners Aby Rosen and Michael Fuchs, the rest of their portfolio seems to be too much of the wrong stuff. Crain’s has reported that 11 of their 14 Manhattan office buildings are either battling foreclosure actions, struggling with steep vacancy rates or facing possible mortgage defaults. RFR’s woes come at a time when there is evidence Manhattan’s office recovery is extending beyond Park Avenue’s tony towers to the boxy glass post-war buildings along Third Avenue and to certain pre-wars in Midtown South. At least Rosen’s and Fuchs’s misery has plenty of company.Delinquencies of 90 days or longer were 2.7% of commercial-property loans in the third quarter, up from 2.5% in the second, the Mortgage Bankers Association reported this week. Delinquency rates fell for retail, lodging and industrial properties. They rose for office, said the MBA’s head of commercial real estate research, Jamie Woodwell. Workout rooms haven’t been so busy since shopping-mall loans fell apart en masse last decade. In August, nearly 8.5% of securitized office mortgages were in special servicing, the most in... Continue reading at 'Crains New York'
[ Crains New York | 2024-10-25 17:48:58 UTC ]
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The agreement, which was reached on July 10, follows 21 months of bargaining and comes less than two weeks after members of the staff union PEN America United authorized a strike. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-30 04:00:00 UTC ]
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Assassin nuns, love and self-discovery at a summer arts camp, queering Korean mythology, and more of today's best YA book deals. Continue reading at Book Riot
[ Book Riot | 2024-07-27 13:30:00 UTC ]
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Former first lady, who has been mostly absent as her husband campaigns, has never told her own story at length beforeThe former first lady Melania Trump has a memoir coming out this fall, Melania, billed by her office as “a powerful and inspiring story of a woman who has carved her own path,... Continue reading at The Guardian
[ The Guardian | 2024-07-26 13:42:09 UTC ]
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Editorial staff from the Age, the Sydney Morning Herald, the Australian Financial Review, the Brisbane Times and WAtoday reject improved pay offerFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastJournalists employed by... Continue reading at The Guardian
[ The Guardian | 2024-07-25 08:05:30 UTC ]
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Coco meets Sliding Doors, dinosaur time travel, a NASA mathematician's autobiography, and more of today's best children's book deals! Continue reading at Book Riot
[ Book Riot | 2024-07-24 14:53:00 UTC ]
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A second-chance K-pop romance, a Sleeping Beauty inspired fantasy, a retelling of the Phantom of the Opera, and more of today's best YA book deals. Continue reading at Book Riot
[ Book Riot | 2024-07-20 14:00:00 UTC ]
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Stocks that traded heavily or had substantial price changes on Friday: CrowdStrike, Scholastic fall, Intuitive Surgical, SLB rise Continue reading at ABC News
[ ABC News | 2024-07-19 20:21:50 UTC ]
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This week's new science fiction and fantasy reads include two that explore fantastical worlds about literature. Continue reading at Book Riot
[ Book Riot | 2024-07-19 16:00:00 UTC ]
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The Amazon Prime Day sale ends tonight, but don't think that all opportunities to save have come and gone. In typical Amazon fashion, most of the best Prime Day deals on day one of the sale remain the best offers now on day two — if they didn't sell out already, that is. Thankfully, many of the... Continue reading at Engadget
[ Engadget | 2024-07-17 23:00:36 UTC ]
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Amazon Prime Day 2024 will be over in a few hours, but there's still time to save on some of our favorite gadgets. As to be expected, the best Prime Day deals from day one of the sale remain the best offers now on day two — if they didn't sell out already, that is. We haven't seen a ton of sold... Continue reading at Engadget
[ Engadget | 2024-07-17 17:35:46 UTC ]
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Today is the last day to snap up these Prime Day deals on some of the best kids' books. Continue reading at Book Riot
[ Book Riot | 2024-07-17 15:40:00 UTC ]
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Amazon's shopping holiday is the best time to buy some of the brand's devices that we love. Continue reading at Wired
[ Wired | 2024-07-17 11:10:44 UTC ]
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If you’re looking to save some dough on a computer display, it’s a great time to hunt for monitor deals thanks to Amazon’s Prime Day and competing sales events from other retailers. I’ve scoured the web for the best deals on the best screens. PCWorld constantly reviews the latest... Continue reading at PC World
[ PC World | 2024-07-17 10:00:00 UTC ]
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Amazon’s Prime Day wraps up today! I’ve collected the best Prime Day sales on Chromebooks, with deals on both budget and premium machines. In addition to finding you the best Chromebook deals on Amazon, I’ve also reviewed Chromebook discounts from rival retailers like Target, Newegg,... Continue reading at PC World
[ PC World | 2024-07-17 10:00:00 UTC ]
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Amazon’s Prime Day sales event is here, and there are tons of great deals on desktop PCs. This year, Prime Day will run from July 16 through July 17, and includes solid discounts on everything from gaming PCs to all-in-ones to traditional desktop computers. Deals can be found not just... Continue reading at PC World
[ PC World | 2024-07-17 10:00:00 UTC ]
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Amazon’s Prime Day sales event is here, and there are tons of great deals to be found on chargers and power banks. This year, Prime Day runs from July 16 through July 17, and includes some great bargains. So, whether you’re looking to snag a travel-friendly pocket charger or upgrade to a... Continue reading at PC World
[ PC World | 2024-07-17 10:00:00 UTC ]
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Amazon Prime Day 2024 sales have hit their final stretch—so if you’ve been holding off on shopping for a new drive, now’s the time to act. Many SSDs, HDDs, and external storage from popular manufacturers are still at low or all-time low prices, with capacities ranging from 512GB all the... Continue reading at PC World
[ PC World | 2024-07-17 10:00:00 UTC ]
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If you’re on your computer for school or work, you want a good keyboard. If you do a lot of PC gaming, you want a good keyboard. If you just like keyboards, you—wait for it—also want a good keyboard. And odds are pretty good that you’d also like a good deal on one. I’ve scoured the web for... Continue reading at PC World
[ PC World | 2024-07-17 10:00:00 UTC ]
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Ergonomics are important for your health, but standing desks and comfortable office chairs can feel like expensive luxuries. At least, they typically do. But during Amazon Prime Day 2024, you can sometimes snag big discounts on wildly popular desk and chair models. That’s true this... Continue reading at PC World
[ PC World | 2024-07-17 10:00:00 UTC ]
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Amazon Prime Day 2024 has brought a bunch of solid tech deals on some of our favorite gadgets. The annual shopping event is a great time for Prime members to put that subscription to work and actually get some good deals on gadgets including tablets, earbuds, robot vacuum cleaners and more. This... Continue reading at Engadget
[ Engadget | 2024-07-17 00:20:35 UTC ]
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