Pierre Hotel News
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Manhattan apartment prices climbed in the first quarter as buyers competed for properties amid the biggest inventory decline in more than a decade.
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Mary R. Cowell Ross, a former president of the New York Women’s Bar Association who got her break in law because of the shortage of men in the civilian workforce during World War II, has died. She was 102.
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Reed Smith LLP opened the firm’s first Texas office in Houston, with 12 partners from seven firms, including Fulbright & Jaworski LLP, Baker Botts LLP and Haynes & Boone LLP, half of whom will bolster the energy and natural resources industry group.
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Martin E. Zweig, who predicted the 1987 stock market crash and whose newsletters influenced U.S. investors for a quarter century, has died. He was 70.
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The former chairman of Egypt’s Bank of Alexandria was held overnight at New York’s Riker’s Island jail complex after being arraigned in Manhattan on charges of sexually abusing a maid at the Pierre Hotel in New York.
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Orient-Express Hotels Ltd., owner of New York’s 21 Club restaurant and the Hotel Cipriani in Venice, Italy, rejected a takeover offer by Indian Hotels Co., saying the bid undervalues the company.
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“He couldn’t crawl,” said former Fed chairman Paul Volcker of his son, James. He fought back tears as he went on: “We wondered. We thought: What’s the matter? And then we were told with no uncertainty he had cerebral palsy.”
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A Manhattan co-op apartment owned by Roy Neuberger, a co-founder of money manager Neuberger Berman who died in December at age 107, was sold for $10.5 million.
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Republican presidential candidate Mitt Romney renewed support for auditing the Federal Reserve, wading into an issue that threatens to spark a fight at his party’s national convention next week.
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Roy Neuberger , a co-founder of money manager Neuberger Berman who traded stocks until he was 101 and was a collector of such American artists as Jackson Pollock , Georgia O’Keefe and Edward Hopper, has died. He was 107.
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