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The largest office-to-residential conversion project in the U.S. is facing a structural emergency. Metro Loft and David Werner‘s conversion at the former Pfizer headquarters in Midtown halted abruptly on Tuesday morning preceding reports of buckling support columns and sagging floors at the property at 235 East 42nd Street and 219 East 42nd Street, local news outlets reported. SEE…
Servicing, Processing Support, AI Tools ; Lenders Focusing on Consumers; Thoughts on UAD 3.6 During a recent trip overseas, I spoke to a banker who stated, “Technology doesn’t stop at the border.” True. The days of writing out this Commentary or taking an app on a yellow pad of paper are long gone….
Global law firm Loeb & Loeb LLP is expanding and extending its long-held New York headquarters lease at Rudin’s 345 Park Ave. In a 16-year lease extension, Loeb & Loeb will maintain its existing 160,051 square feet across four floors, while adding 18,908 square feet on a fifth floor. An occupant of 345 Park since 1993, Loeb & Loeb’s footprint will grow to 178,959 square feet in…
by Calculated Risk on 1/09/2026 01:12:00 PM The Federal Reserve released the Q3 2025 Flow of Funds report today: Financial Accounts of the United States. The net worth of households and nonprofits rose to $181.6 trillion during the third quarter of 2025. The value of directly and indirectly held corporate equities increased $5.5 trillion and…
InsuranceDekho parent picks banks for up to $400 million India IPO – Bloomberg
Specialist bridging lender Aspen has completed a £2.475 million Bridge-to-Let facility for the acquisition of a four-bedroom penthouse in the Royal Borough of Kensington and Chelsea, marking its second prime central London transaction within seven days. The deal was completed in under three weeks, funding the auction purchase of a property extending to more than…
A growing number of landlords are operating as a full-time business and the number of properties per portfolio is increasing as the rental sector becomes more professional, new data suggests. Pegasus Insight found the average landlord portfolio has risen to 7.3 properties, up from 6.6 in the final quarter of 2025. The trend is particularly…
In a recent appearance on CNBC, Palantir Technologies (PLTR +2.51%) CEO Alex Karp discussed why the company’s approach to artificial intelligence (AI) stands apart from legacy software-as-a-service (SaaS) providers. At a basic level, Palantir develops something called an ontology. Ontologies are structured models that define key inputs — employees, assets, transactions, or events — along…
SocGen FX forwards trading rockets with US fund managers – Risk.net Skip to main content End of drawer navigation content Counterparty Radar: Surge in French bank’s FX forward volumes propels it to second spot in Q1 2026 Pimco’s G10 foreign exchange forwards trading with Societe Generale more than doubled during the first quarter of 2026,…