Aksia Hedge Fund is Recipient of Awards in 2017

Nov 09, 17 Aksia Hedge Fund is Recipient of Awards in 2017

Posted by in All, Business

This past year was a good year for the research and portfolio advisory firm Aksia. With over $70 billion in assets under management, Aksia serves institutional investors. The company offers research and portfolio advice to experienced pension plans, insurance companies, government-related institutions and others. Aksia’s main...

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Florida Developer Purchases Jehovah Witness Building: Converting to Luxury Senior Living

Nov 05, 17 Florida Developer Purchases Jehovah Witness Building: Converting to Luxury Senior Living

Posted by in All, Real Estate

A building in Brooklyn which was the property of Jehovah’s Witnesses was sold to a developer based in Florida, the Wall Street Journal reported. The developer, Kayne Anderson, paid $200 million for the 16-story apartment building located in Brooklyn Heights. The developer renamed the building The Watermark at Brooklyn Heights,...

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Walmart Buys Brooklyn Startup for $10 Million

Oct 08, 17 Walmart Buys Brooklyn Startup for $10 Million

Posted by in All, Business

Just because Walmart does not have a store of its own anywhere in New York City does not mean New Yorkers can’t get the Walmart goods to their doors, pronto. Over the course of the past year Walmart has made five e-commerce purchases to insure its online customers that they can have same-day delivery of Walmart products. The latest...

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Chuck Cumello Offers Calming Advice in Volatile Times

Sep 07, 17 Chuck Cumello Offers Calming Advice in Volatile Times

Posted by in All, Business

Uncertainty is the enemy of financial markets and the investors that rely on them. But it is not just uncertainty that gives investors the jitters. According to Chuck Cumello of Essex Financial Services, this year politics seems to be influencing investors more than he has personally seen in 30 years of portfolio management....

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Jehovah’s Witnesses Sell Property as they Divest from Brooklyn

Sep 04, 17 Jehovah’s Witnesses Sell Property as they Divest from Brooklyn

Posted by in All, Real Estate

Jehovah’s Witnesses are sold off close to their last bits of Brooklyn real estate in the wake of their relocation to Upstate New York. The most recent sale was of their Brooklyn Heights, 12-story, 97-unit apartment building for $58 million. The sale of 97 Columbia Heights was to a Los Angeles-based investment firm, Hawkins Way...

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Castle Harlan Victorious in Recent Case

Mar 06, 17 Castle Harlan Victorious in Recent Case

Posted by in Business

  Castle Harlan Inc. was victorious recently in a win against Russian-owned companies Norcast S.ár.l and Pala Investments Ltd. The two companies claimed that Castle Harlan had done something wrong by purchasing Norcast Wear Solutions from them in 2011 for $190 million in a private sale and then selling it for more money a few hours...

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