New York’s landmark ‘Flatiron’ sold — hopefully for real this time
New York's iconic Flatiron Building was auctioned off Tuesday for $161 million to a group of investors led by real estate developer Jeffrey Gural, after the previous bidding's winner failed to complete the transaction, organizers said. The sale of the world-famous skyscraper took place outdoors in lower Manhattan with seven bidders registered and about a hundred people present, Mannion Auctions told AFP. The property -- on a wedge-shaped lot at the intersections of Fifth Avenue, Broadway and 22nd Street -- went to Gural, 80, one of its five current owners, who was the second highest bidder during the highly contested previous auction. On 22 March, little-known bidder Jacob Garlick, founder of the Abraham Trust equity venture fund, obtained rights to the Flatiron with a pricey offer of $190 million but missed a deadline to pony up 10 percent of the money to lock in the purchase. The 121-year-old property -- one of the first skyscrapers in Manhattan, designed by renowned Chicago architect Daniel Burnham -- has been empty since its last tenant left in 2019. Its five owners could not agree on what to do with the building, and a judge ordered its auction. After Garlick pulled out of the deal, the building could have automatically gone to Gural, who had offered $189.5 million in March, but he opted for a new auction to be held. The 22-story triangular edifice completed in 1902 was revolutionary for its time, built on a steel skeleton and clad in limestone and terra cotta with touches of both beaux arts and Renaissance revival architecture. The post New York’s landmark ‘Flatiron’ sold — hopefully for real this time appeared first on Daily Tribune......»»
Real-life BFFs Jerald and Nicco fulfill dream of working together on screen
The first time they met was in 2007 through Cultural Center of the Philippines’ Tanghalang Pilipino. ‘Sabay kaming humiga sa carpet ng CCP kahit bawal dun,’ recounted Nicco. ‘We were just dreaming about the things we are doing now (acting). We would eat together in a cafeteria na hati kami ng ulam lang. We really started.’.....»»
Real-life BFFs Jerald and Nicco fulfilln dream of working together on screen
The first time they met was in 2007 through Cultural Center of the Philippines’ Tanghalang Pilipino. ‘Sabay kaming humiga sa carpet ng CCP kahit bawal dun,’ recounted Nicco. ‘We were just dreaming about the things we are doing now (acting). We would eat together in a cafeteria na hati kami ng ulam lang. We really started.’.....»»
Asian Study Reveals Endocrine-disrupting Chemicals Found in Personal Care Products from the Philippines
In a press briefing in time for the observance of World Consumer Rights Month, BAN Toxics, a chemical and waste management NGO, discloses the findings of recent laboratory testing indicating the presence of parabens, triclosan, and triclocarban, classified as endocrine-disrupting chemicals (EDCs), in personal care products sold in the country. The result underscores potential health risks for.....»»
LIST: Saint movies to watch this Holy Week
YouTube offers free access to films on the lives of Catholic Saints in time for the Holy Week. .....»»
In Papa’s footsteps
The late Lope Sarreal Sr. is the only Filipino who wasn’t a fighter inducted in the International Boxing Hall of Fame in Canastota, New York......»»
Trending tickers: Trump Media, Tesla, Bitcoin and DS Smith
Former US president Donald Trump’s media firm, Trump Media & Technology Group, had a successful stock market debut in New York, with shares soaring past.....»»
Mega Millions Jackpot Winner of $1.13 Billio
A lucky individual in Monmouth County, New Jersey struck gold this week by winning the $1 billion Mega Millions jackpot. The winning ticket was sold.....»»
Reflecting on Your Business Setbacks
Challenges are an inevitable part of any endeavor, especially a business one. From unforeseen economic shifts to internal operational hurdles, every business owner will inevitably face obstacles that test their resolve. As we live in a fast-paced world, we sometimes forget about looking back, and what better time to do it than the Holy Week? […].....»»
Eala advances in W75 Croissy-Beaubourg tennis tilt
Filipino tennis ace Alex Eala has gone into the next round of the W75 Croissy-Beaubourg tournament in France after sweeping hometown bet Emeline Dartron, 6-3, 6-4, late Tuesday night (Manila time)......»»
Cebuano Larz Dawson first runner-up for Mister Tourism Universe 2024
CEBU CITY, Philippines— Another Cebuano is putting Cebu on the centerstage of pageants. Larz Kent Dawson, 22, from Tisa, Cebu City recently bagged the first runner-up title for this year’s Mister Universe Tourism. Dawson, who was crowned Ginoong Pilipinas 2023, added another title in his bag, this time on the international stage. “Joining Mister Universe.....»»
Yogi Ruiz: Salaries, incentives for City Hall employees must be paid on time
CEBU CITY, Philippines — Job order (JO) employees at the Cebu City Hall have not been paid their salaries from January to March 2024. They have not also received their share of the Charter Day incentive amounting to P5, 000 each. Councilors Noel Wenceslao and Nestro Archival have raised a concern on the delay in.....»»
Most Filipinos reject Charter change, lifting foreign ownership restrictions
An overwhelming majority of Filipinos oppose changing the 1987 Constitution at this time, according to a new Pulse Asia Survey, with results showing Filipinos in all regions and all socio-economic classes did not support the lifting of foreign ownership restrictions in key industries......»»
Philippine scientists harassed by China helicopter
Another case of harassment at sea by the Chinese has been reported – this time near Pag-Asa Island last Saturday – involving a helicopter, which hovered dangerously close to a group of Filipino scientists doing research work on a sand bar called Sandy Cay, causing minor injuries......»»
Red carpet to be rolled out for FIVB world meet
The Philippines will leave no stone unturned for the FIVB Volleyball Men’s World Championships 2025 – in terms of hosting the event for the first time ever and competing anew after 50 long years......»»
JG Summit core profit soars in 2023
Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»
13 killed in vehicles collision in southern Philippines
MANILA, March 25 (Xinhua) -- Thirteen people were killed after a passenger van and a dump truck collided on a highway in Cotabato province in the southern Philippines on Monday, police and local media said. Police said the van, with about 15 passengers aboard, was negotiating a sloping curve when it was hit by the speeding dump truck in the opposite lane. The accident happened after 12 noon local time. In.....»»
3 suspected rebels killed in clash in Philippines Batangas
MANILA, March 26 (Xinhua) -- Three suspected rebels were killed in a clash with government forces in Batangas province, south of Manila, on Tuesday, the Philippine military said. The military said a 30-minute gunfight broke out around 6:30 a.m. local time after the troops ran into a group of New People's Army (NPA) rebels in Rosario town. The troops recovered three rifles, six jungle packs, and some mater.....»»
Xinhua world news summary at 1530 GMT, March 26
MANILA -- Three suspected rebels were killed in a clash with government forces in Batangas province, south of Manila, on Tuesday, the Philippine military said. The military said a 30-minute gunfight broke out around 6:30 a.m. local time after the troops ran into a group of New People's Army (NPA) rebels in Rosario town. (Philippines-Clash) - - - - BEIRUT -- Two people were killed and nine other civ.....»»
Greenwich Inspires Filipinos to Create More Authentic Meaningful Connections, Launches ‘Sarap to Feel G’ Campaign
Greenwich, one of the country’s leading homegrown pizza and pasta makers, is embarking on a massive campaign this year to inspire millions of Filipinos to create more genuine, meaningful connections with each other. The campaign is anchored on having more experiences inspired by authenticity and real “feel-good” togetherness made possible by incredible, great-tasting food. This […].....»»
The Mystery of Post-Inflation Stability: Exploring Economic Uncertainty
Inflation, a sneaky force eating away at our financial stability, makes us wonder: what happens after its rampage? Do things settle back to normal, or are we stuck dealing with the aftermath? Inflation is simply prices creeping up over time, quietly changing our financial landscape. Think of your favorite café inching up its prices or […].....»»