Source: Bloomberg Markets Rent-free months, price cuts, gift cards, gym memberships. Manhattan’s apartment landlords have been offering all sorts of enticements month after month, hoping to lure renters to their units amid a surge of new supply. So why hasn’t the median rent declined? Blame all those fancy units in just-built towers with swimming pools and yoga rooms, …
Manhattan’s Luxury Apartments Are Propping Up Rents Read More »
Unless you’ve been hiding under a rock, you’ve probably read and heard about an industry in radical reformation, attracting entrepreneurs, venture capitalists and investors in droves. There’s a lot riding on this movement – political elections, cultural shifts, medical benefits, and oh… financial windfalls. Financially speaking, this industry is estimated to be approximately $10 Billion for …
Source: Forbes Technology Mark Aramli’s dive into ABC’s hit business reality show Shark Tank was an entrepreneur’s worst nightmare. The former NASA engineer spent a year and a half and his entire net worth plus some in developing the BedJet, a smartphone-controlled, cooling and heating device for beds. He pitched his product in a February 2015 episode, seeking …
BedJet: How A Nightmare In The Shark Tank Became A Dream Come True Read More »
Source: Forbes Technology The business of baseball is very good. The business of Major League Baseball’s media company is skyrocketing. As Spring Training gets underway, and the 2016 regular season not far behind, MLB Advanced Media, the digital media company of Major League Baseball is projected to eclipse the $1 billion mark by the end of the …
2016 MLB Advanced Media Revenues Projected To Reach $1.1-$1.2 Billion Read More »
Source: Forbes Technology Chang Kim loves Asuna, a honey-blonde beauty who is great with a sword. “She’s a good cook, good with kids, and she knows how to fend for herself. There’s not much else I could ask for,” the 20-year-old student from Georgia says of the woman he calls his “waifu.” Asuna isn’t a real …
Why Adults Fall In Love With (And Spend Big Money On) Cartoon Characters Read More »
Source: Forbes Technology With ingenuity, capital, and creative chemistry, billionaire C. Dean Metropoulos and Apollo Global’s Andy Jhawar rescued Hostess Brands–and set themselves up to feast on a $2 billion gain. Walk in the door of Hostess Brands’ flagship bakery in Emporia, Kansas and your first thought is: What a dump. The former front office for the bakery that pumps out …
Twinkie’s Miracle Comeback: The Untold, Inside Story of a $2 Billion Feast Read More »