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- Lovesick nun busted for smuggling cocaine in high heels
An American nun who thought she’d found her one true love was nabbed Down Under for trying to smuggle cocaine through Sydney Airport, reports say. Denise Marie Woodrum, 51 — a sister of the Adorers of the Blood of Christ — was caught in Australia last August with two pounds
- SunPass users’ botched accounts put right as Gov. Scott demands investigation
Drivers who racked up inaccurate toll charges, late fees and penalties over the summer because of a failed upgrade to the SunPass system will be reimbursed, state transportation officials said Tuesday. The backlog of more than 300 million botched accounts has been cleared and, as of Tuesday, customer…
- Apartment construction slows for first time in 6 years: report
(Credit: iStock) After six years of growth, the pace of apartment construction in the country has finally slowed, hinting at a looming correction in the market. Nationwide, there are an estimated 283,000 units projected to enter the market in 2018, according to a new report from RENTCafe, an apartment search
- Apollo Global Management Expands HQ on West 57th Street
Private equity firm Apollo Global Management will expand its headquarters in Solow Building by another 69,000 square feet, a source with knowledge of the deal confirmed. Apollo signed a 15-year lease to increase its offices at 9 West 57th Street between Fifth Avenue and Avenue of the Americas to 177,00
- Port of LA looking to add ‘thriving’ new commercial development on 12 waterfront acres
It’s the latest in a wave of changes at the port The rapidly changing Port of Los Angeles is looking to transform 12 waterfront acres with “thriving” new commercial development at Cabrillo Way Marina. The port’s commercial real estate arm put out a prospectus last week outlining the commercial development
- Tiffany Renovating NY Flagship, Will Expand Into Nike Space for Three Years
Tiffany & Co. has announced that it will completely renovate its Fifth Avenue flagship store starting in spring 2019, and will temporarily expand its retail operation into part of Nike’s digs next door. The 181-year-old jeweler giant owns the 10-story, 124,000-square foot building that houses the 45,000-square-foot store (on five
- Hamptons Cheat Sheet: Sagaponack mansion’s price chopped down to $21.5M … & more
4.4-acre Sagaponack mansion’s price chopped down to $21.5M The ask for a 13,000-square-foot home sitting on 4.4 acres was reduced by $2.45 million, its first cut since it was listed for $23.95 million in June. The home, which was built in 2007, has nine bedrooms, 12 bathrooms, a double-height foyer,
- Hiker found dead went by ‘Denim’ and ‘Mostly Harmless’ on the trail, but investigators don’t know his real name
They believe they know his aliases, his nicknames. What he looks like. They just don’t know who he is. After a hiker was found dead in a tent in Big Cypress National Preserve on July 23, investigators deployed “advanced forensic technologies” and followed up on several leads, the Collier County…
- Law firm Jones Day names new head of Miami office
Tony Dias will move down from Washington, D.C. to take over Jones Day’s Miami law office as partner-in-charge. Dias has been a partner at Jones Day for nearly 20 years and is the co-leader of its global financial institutions litigation and regulation practice, which is a hot topic in Miami’s
- Metastage opens studio for VR, AR and holograms
Los Angeles creators looking to capture lifelike 3D scans of performers for their mixed-reality projects now have a place to do so. Metastage has opened its doors at Culver Studios in Culver City, California. The studio is the first U.S. partner for Microsoft’s Mixed Reality Capture Studios. The company offers
- Regal installs first ScreenX location in Irvine
As if the giant shark thriller “The Meg” weren’t terrifying enough, starting this weekend, Irvine moviegoers will be able to see it in 270 degrees. Regal is opening its first ScreenX location at the Irvine Spectrum Center on Friday, Aug. 17. The launch marks the first installation in a 100-theater
- Prologis sells Tamarac warehouse to New York Life affiliate
9439 West Commercial Boulevard and New York Life Real Estate Investors’ Brian Seaman Prologis just sold a warehouse in Tamarac for $25.72 million. The 285,600-square-foot warehouse at 9439 West Commercial Boulevard traded hands for about $90 per square foot. The buyer is a company tied to New York Life Investments,
- SL Green secures $66M mortgage for Adidas’ Soho space
SL Green Realty secured a $65.6 million mortgage for a retail space in Soho. The approximately 5,200-square-foot commercial condo unit, at 115 Spring Street between Greene and Mercer streets, is currently occupied by an Adidas store. The footwear company signed a lease for the space in 2015, opening an “Originals”
- Capillary Biomedical closes $2.9 million seed round
Capillary Biomedical Inc. has raised $2.9 million in a seed funding that will help it bring its diabetes management technology to market. The round was led by the Cove Fund with participation by a syndicate of Angel Groups and accredited investors. Irvine, California-based Capillary Biomedical said it plans to use
- D.C. General homeless shelter closure
Follow the demise and replacement of the District’s biggest family homeless shelter
- Universal’s Aventura Hotel, opening later this week, is just part of theme park’s lodging boom
Here’s what execs have to say about the company’s recent hotel growth.
- Disney Roundup: Quarterly profit disappoints… Iger upbeat on content
Burbank, California-based Walt Disney Co. (NYSE: DIS) has operations around the country. It also owns ABC Television, ESPN Inc., Pixar, Marvel Studios and Lucasfilm Ltd., and is also in the process of buying 21st Century Fox’s entertainment assets. Here are recent stories on Disney reported by The Business Journals and
- Blackstone Group’s Tony James wants more real estate
Tony James and Bill Helm (Credit: LinkedIn) The Blackstone Group‘s biggest business is its real estate division, so it’s only fitting that the firm’s vice chairman would look there when managing his own investments. Tony James recently hired Bill Helm for the newly created role of head of real estate
- Biz Digest: New science center exhibit completed; Waterford Lakes gets new shops and more
This roundup of business news from throughout Central Florida includes new leases, bid opportunities, retail and more.
- Durst LLCs donate $160K to attorney general candidates
Using eight different limited liability companies, the Durst Organization donated $150,000 to Rep. Sean Patrick Maloney’s campaign for New York attorney general. Six LLCs owned by the developer each contributed $21,000 to the Democrat, and a seventh threw in $14,000, Crain’s reported. An eighth LLC donated another $10,000. One of
- From swamp to store: The dying business of wild alligator skins
Starting Wednesday, thousands of hunters will trek into Florida’s steamy swamp, with snatch hooks and spotlights in hand, searching for a top predator: the American alligator. Aug. 15 marks the beginning of the statewide, 11-week alligator hunt sponsored by the Florida Fish and Wildlife Conservation…
- This year’s midterms offer some memorable political ads. How do you think they stack up against previous elections?
There are generally three kinds of political ads. You’ve got your sunny, your dark and your anecdote. The sunny are brightly lit and usually feature the candidate talking with various diverse demographics while a voiceover, usually female and warm, talks about how awesome the candidate is. Then…
- Rehab of Mt. Washington church to move forward with CHAP decision
The city’s historical preservation panel voted to allow the removal of stone crosses from a historic Mount Washington church during a contentious hearing Tuesday, overturning its original ruling that the crosses had to stay in place. David Warschawski purchased the former St. John’s Episcopal Church at 1700 South Road with
- West Palm gives final approval for contentious business district
Rendering of Related’s office building and Mayor Jeri Muoio The West Palm Beach City Commission approved the controversial Okeechobee Business District on Monday evening, paving the way for the Related Companies’ plan for a luxury office tower in the neighborhood. The commission gave its final OK after a year-and-a-half of
- Fort Lauderdale orders stop to mobile homeless showers
Mobile showers being offered to the homeless in Fort Lauderdale have been turned off after city code officers cited the operators with “using a portable shower outside of a structure.” Hope South Florida officials, who have been offering weekly showers to the homeless at two Fort Lauderdale and…
