The Building at 111 Wall Street symbolizes the plight of NYC’s commercial real estate industry in a crisis.

The tower at 111 Wall St. is a symbol of the current crisis facing the commercial real-estate market in Manhattan, as well as the city itself. Despite its significant transformation from an unattractive structure into a downtown gem, the tower’s owners face significant challenges due to a decline in demand for office space. Nightingale Group …

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Binance and Coinbase Executives’ Fortunes Decreased by Billions of Dollars

The Securities and Exchange Commission (SEC) has filed lawsuits against two of the largest cryptocurrency exchanges globally — Binance and Coinbase. The lawsuits led to billions being slashed from the net worth of both CEOs. Bloomberg reported that over the past two days, Binance CEO Changpeng Zhao’s wealth dipped by $1.4 billion to $26 billion, …

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