For the second time in a year, APF Properties lost its grip on a Midtown property enveloped in foreclosure proceedings. The prewar 25 West 45th Street office building sold to its lender, Wells Fargo, at a foreclosure auction on Wednesday, Crain’s reported. The bank bought the 200,000-square-foot property for $45.1 million, or approximately $225 per square foot. APF had been in danger of losing the property for months. The special servicer on the CMBS debt tied to the office filed to foreclose in May 2024, shortly after a $70 million default by the landlord. An attorney for Wells Fargo did […]

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More than 800 employees delivered a petition to management, condemning the Trump administration’s use of Google technology in immigration enforcement.

Technology stocks and Bitcoin are showing signs of a rebound after a disastrous week. But investors remain on edge about whether more pain is in store.

The company, which owns Chrysler, Fiat, Jeep and Peugeot, is changing its strategy to gasoline and hybrid vehicles in an effort to revive weak sales.

House Republicans have scaled back a proposal to charge higher fees for the loans after opposition from veterans groups. But it still includes a higher fee for refinancings.

The city is spending $38.4 million to put heat pumps in the 712 units at the Housing Authority’s Beach 41st Street Houses. No need to get your calculators out. I got you. That’s $54,000 per unit. Mayor Zohran Mamdani shared the first two numbers, but not the third one, on Wednesday in Far Rockaway as he proudly announced the expenditure. “The need for this infrastructure is urgent,” he said. Mamdani said when he represented Queensbridge Houses in the Assembly, its residents would tell him “of a heating system that was so unreliable that they would have to regulate the heat […]

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There were 206 transactions totaling $353 million filed in New York City records in the 24 hours before 4 p.m. on Thursday, Feb. 5, 2026. 🏆 Residential: The top home sale recorded in the Big Apple was a 25-foot-wide, five-story townhouse in the West Village. Kala’s Red Rover LLC purchased the property at 78 Morton Street for $19 million, which was $2 million under the home’s original asking price. The seller, Brah L.P., purchased the townhouse in 2020 for $19.2 million. The property spans nearly 6,900 square feet and has an elevator, media room, outdoor space and garage. Its lowest […]

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European Union regulators said the app’s infinite scroll and personalized algorithm led to “compulsive” behavior, especially among children.

These siblings (and an in-law) turned their childhood love of movies into a family enterprise that has resulted in “Solo Mio,” starring Kevin James.

Here is our critic’s survey of this year’s Super Bowl commercials, from best to worst to A.I.