Flagstar's 'sweetheart' deal | Library funding showdown | Mercer Street retail sale
Crain's New York Business sent this email to their subscribers on March 20, 2023.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Text-only version of this email
Picture yourself working for a global media ieader in your own backyard Explore Open Positions CRAIN
AFTERNOON 10
MONDAY, MARCH 20, 2023
Did someone forward this newsletter to you? Sign up here to receive Crain's Afternoon 10 for free.
Flagstar
1. FLAGSTAR’S 'SWEETHEART' DEAL FOR SIGNATURE BANK 'ALMOST SEEMS TOO GOOD TO BE TRUE'
Regulators deem New York Community Bancorp strong enough to swallow a top rival at a bargain price
Related:
* Buyer emerges for Signature Bank
* Signature's crypto business wasn't part of Flagstar takeover deal
Read More >
Libraries budget cuts NYC Council.jpeg
2. LIBRARY LEADERS DECRY ‘DEVASTATING’ BUDGET CUTS BEFORE A SYMPATHETIC CITY COUNCIL
The fight over funding captures a central tension between the mayor and lawmakers
Related: Council kicks off budget talks opposing Eric Adams’ ‘doom-and-gloom’ cuts
Read More >
155 Mercer St
3. MERCER STREET RETAIL PROPERTY SELLS AT STEEP PRICE CUT
Weybourne Properties purchased the SoHo site for $60 million, roughly seven years after it traded hands for $93 million
Related: Deals of the Day: March 20
Read More >
Stock market Wall St. traders
4. STOCKS CLIMB AS REGULATORS RUSH TO SHORE UP MARKET CONFIDENCE
The S&P 500 saw modest gains
Read More >
amazon
5. AMAZON PLANS TO CUT 9,000 CORPORATE AND TECH WORKERS
The layoffs are expected to happen by the end of April
Related:
* Layoffs can take a surreal turn when the HR department faces the axe
* Weakness in tech advertising could hit New York where it hurts
Read More >
National Grid
6. STATE REGULATORS REJECT NATIONAL GRID COST RECOVERY ON BROOKLYN GAS PROJECT
The Public Service Commission said the project is not immediately needed to meet demand
Read More >
First Republic
7. FIRST REPUBLIC SHARES PLUNGE TO RECORD LOW ON CONCERN MORE HELP IS NEEDED
JPMorgan CEO Jamie Dimon is leading talks with other bank executives on new stabilization efforts
Related: First Republic sees 'gob-smacking' deposit outflows; shares plummet after rescue package
Read More >
MSG CEO James Dolan
8. ON POLITICS: AN UNCONVENTIONAL BILLIONAIRE DRAWS FIRE
Madison Square Garden’s tax break is closer to the chopping block than it’s been in a decade, writes columnist Ross Barkan
Related:
* Lawmakers want to cut Madison Square Garden tax break to fund MTA
* On Politics: James Dolan no longer has as many friends at the top
Read More >
A . - o A
9. PFIZER CFO ON THE COMPANY'S POST-COVID GROWTH PLANS
Dave Denton spoke to Crain's about the $43 billion proposed Seagen deal and how the company could fare in the wake of the pandemic
Read More >
We Heart NYC billboard
10. 'WE❤️NYC'—SEE THE NEW CAMPAIGN FOR NEW YORK CITY INSPIRED BY A TOURISM CLASSIC
The ads are designed to spur a modern-day movement
Read More >
SUBSCRIBE TODAY
Discover why Crain’s New York Business is the top source of news, analysis, and information in New York.
This email was sent to [email protected]
Manage My Account | Contact Us
© 2023 Crain Communications Inc.
685 Third Avenue, New York, NY 10017 USA
| |
CRAIN COMMUNICATIONS
Show all