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Millionaire Sitt Invests $1 Million To Improve NYC Airport Infrastructure; Launches Global Gateway Alliance

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Sitt, CEO of Thor Equities is taking it upon himself to improve the infrastructure of New York City’s airports. In fact, it’s predicted that the New York metropolitan region could well face $79 billion in economic losses by 2025 if we don’t do something about the declining state of our airport infrastructure.

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Steady Optimism Among U.S. Commercial Real Estate Executives, Increased Investor Appetite

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Capital availability from a wide range of equity sources also is expected to improve in 2014, with increased activity by institutional forces. Private equity sources are predicted to drive U.S. “In conjunction with the Akerman U.S. commercial real estate financing in 2014. Sector Strength And Foreign Investment.

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

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As a result, the report anticipates that 2014 may be the year that many investors who have traditionally focused mainly on large established markets such as Boston, Chicago, Los Angeles, New York City, San Francisco and Washington, will be expanding their focus to other cities in order to protect capital.

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Cracking the code of affordable housing

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In the same month, Private Equity Real Estate (PERE) reported that 85% of new rental housing being developed in the U.S. Each time, it involves a different mix of government policy and investment with private development and equity. The community will be home to offices, schools, services such as daycare, and retail/dining.

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New York Incentives and Workforce Development Guide

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For a list of New York economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Cash Incentives: New York State offers low-cost loans and grants to companies that invest significant capital in the State and commit to the creation and retention of private sector jobs.

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The Road to Recovery in Detroit

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Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009. A detailed report on the front page of today’s New York Times explains how this remarkable turnaround was accomplished. automaker from going the way of the dinosaurs.

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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

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million over 10 years to encourage the company’s relocation from New York City to a new facility in Jersey City instead of Norwalk, CT. Several senior executives as well as finance, accounting, retail operations and other administrative groups are among the 175 jobs to be relocated to the Garden State.

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