Vornado Realty Trust will acquire a 49% interest in Park Avenue Plaza, a 45-story office building valued at $1.1 billion, from Closer Properties. The property is 99% leased to blue-chip tenants with long-term leases and is located near Vornado's other Plaza District holdings. Fisher Brothers retains a 51% stake and will continue managing the property. The deal, expected to close in Q2 2026, includes a $575 million loan at a fixed 2.99% interest rate, maturing in 2031, and gives joint control over major decisions to both owners.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
