Real Estate Deals Vanish in New York

Real Estate Deals Vanish in New York

Real estate developer Louis Ceruzzi has grand plans for a sleek $1 billion Manhattan skyscraper, featuring luxury shops and condos that soar high above Fifth Avenue. Two years after Ceruzzi and a partner bought the site, they have yet to break ground. For now, all he has to show for his trouble is an empty lot, an idle backhoe and scattered piles of rubble. The delay suggests an irony: even with election of Donald Trump, the first developer as...

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Stocks close at all-time highs in best week since the election

Stocks close at all-time highs in best week since the election

Stocks closed at all-time highs Friday as the major indexes posted their best week since the election. The Dow ended 142 points higher, with 3M and Apple contributing the most gains. The S&P 500 picked up 0.6 percent, with consumer staples and health care leading advancers, while the Nasdaq added 0.5 percent as Apple advanced more than 1.5 percent. MTN ▲ 167.99 +7.07 +4.39% Goldman Sachs Group...

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