Central Park News
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The Fifth Avenue apartment offered a fine and high-priced view of Central Park, lush with May greenery.
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Manhattan may see deaths from heat rise by as much as 20 percent in the 2020s and 90 percent by the 2080s in a worst-case scenario, a study found.
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Hedge-fund manager Bill Ackman is among a group of investors who agreed to pay more than $90 million for a duplex penthouse at Manhattan’s One57 condominium tower, a person with knowledge of the deal said.
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Bill Ackman celebrated his birthday by giving a present.
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AREA Property Partners LP, the real estate investment firm William Mack co-founded with Apollo Global Management LLC’s Leon Black, agreed to be acquired by Ares Management LLC.
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Manhattan’s 57th Street, where the two tallest condominium towers in New York are under construction, is poised to get a third skyscraper with apartments perched above the city at near-record heights.
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Carlyle Group LP, the world’s second- largest manager of alternative assets such as private equity and real estate, said first-quarter profit rose 0.5 percent as the firm collected more fees from investors for managing their money.
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On a conference call with investors last month, billionaire John Paulson boasted that one of his biggest hedge funds would have been up 15 percent this year -- if only he hadn’t owned gold stocks.
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Superstorm Sandy sent 11 billion gallons of sewage from East Coast treatment plants into streams, canals or roadways, according to a report.
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New York police and event organizers are beefing up security after the Boston Marathon bombings to protect a Revlon Inc.-sponsored charity race through midtown Manhattan and a citywide bicycle tour this weekend.
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