New York News
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Richard Fuld, the former chief executive officer of Lehman Brothers Holdings Inc., sued his estranged son-in-law over “deceptive conduct” related to a loan for the purchase and renovation of a Manhattan apartment.
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New York prosecutors dropped assault charges against the former head of Dallas’s Major League Soccer franchise, who was accused of attacking his wife in a midtown Manhattan hotel last year.
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Rubin Schron, a New York real estate investor, offered to buy the Empire State Building for $2 billion in cash as the skyscraper’s supervisor prepares to make it the centerpiece of an initial public offering.
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Gangly and dapper in a Good Humor suit, bow tie and Panama hat, Hamish Linklater charms the heck out of the customers at the Delacorte Theater.
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Group of Eight leaders agreed to work for “a new global standard” to stamp out bank secrecy and pledged to deter multinational companies’ tax-avoidance strategies, according to a draft joint statement.
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Columbia University won dismissal of a lawsuit alleging the school failed to use donations to promote Italian culture as the benefactors intended.
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How much will Rupert Murdoch, the billionaire chairman of News Corp., and Wendi Deng have to pay for their divorce? A significant sum, no doubt, but chances are pretty good that they’ll be able to weather the financial storm.
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B/E Aerospace Inc., a maker of cabin interiors for commercial and business aircraft, and Airbus SAS won dismissal of a lawsuit brought by Leki Aviation over a contract for distribution of oxygen-systems products.
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The FBI is offering $65,000 for information leading to the people responsible for a 2008 predawn attack on a military recruiting center in New York’s Times Square that may be connected to two unsolved bombings at consulates in the city.
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Deloitte LLP agreed to pay $10 million to New York State regulators and halt consulting services for state-regulated financial institutions for one year.
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New York Real Estate
In New York, 69 percent of the population rents and the remaining 31 percent are homeowners. And in the past year the New York real estate market has seen an 1.1 percent increase in value, with a median sales price of $548,700, according to Zillow.
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