New York City-based occupational risk management services company, the International Safety Group, (ISG), announced the appointment of Manhattan College graduate Michael Gianatasio as the new president and chief executive officer. “I am pleased to join ISG as CEO as the company continues to make solid progress and fills its...
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According to PropertyShark.com, a real estate web site, Boerum Hill has de-throwned Cobble Hill and Brooklyn Heights as the most expensive location in Brooklyn to purchase a home. Coming in sixth city-wide, Boerum Hill occupies a small section in Brooklyn’s northwest corner, and is well-known as being the neighborhood where the...
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Joe Sitt of Thor Equities is talking about reducing rents with the Brooklyn Chamber of Commerce for retail space in the up-and-coming neighborhood of Coney Island, Brooklyn to help quickly attract new businesses into the area in the wake of Hurricane Sandy’s massive destruction. Sitt said that he would like to see rents cut by at...
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The price of gold is high, and is expected to climb even higher, making silver an important alternative investment, with plenty of potential for growth. New Yorkers have been keeping their eyes on silver, especially after silver’s excellent showing during the second half of 2012, heading north from a June 28 low of $26.13 per...
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Hedge fund manager Marc Lasry is only a little bit worried about the fiscal cliff that the government is fast approaching. “There is going to be a lot of nervousness and the markets will go down,” says Lasry, who is the founder of Avenue Capital Group. To protect himself, he has about double his usual amount of...
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The ports in New York and New Jersey are some of the busiest in the entire world. Some of the more recent statistics show that cargo volume by the end of 2011 at the Port of New York and New Jersey rose 4% over 2010 and that approximately 5.5 million loaded and unloaded 20 foot equivalent units passed through. This number...
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