&#36;5 Million Can Buy Lots of Bull in New York
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"Charging Bull," one of New York's most recognized statues that once made a brief debut outside the Stock Exchange, is for sale.
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A record bull market is pulling in new investors but causing concern among the countryâs senior officials.
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Strong sales for impressionist and modern works were evident this week at New York's premier auction houses, with Paul Gauguin's "Maternite (II)" bringing in &#36;39.2 million and Claude Monet's "London, the Parliament, Effects of Sun in the Fog" &#36;20.1 million.
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In the last two years a building on Fifth Avenue and 44th Street sold for $218 million, then $420 million. And now itÂs for sale again.
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explanation of market-timing, further attorney comment. Picks up last graf. Also moving on general news wires. DENVER  _ The former chief executive of Invesco Funds Group has agreed to pay $500,000 to
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Staid old is sexy? Steven Roth, one of the city&#39;s savviest real estate minds, thinks so. His Vornado Realty Trust bought a 4.3% stake in the middle-American retailer - and drove up Sears Roebuck&#39;s
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Assets of the nation's retail money market mutual funds rose by &#36;135.5 million in the latest week to &#36;833.76 billion, the Investment Company Institute said Thursday.
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Property in Manhattan continues to escalate in price, and that includes parking spaces.
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"Charging Bull," one of New York's  most recognized statues that once made a brief debut outside  the Stock Exchange, is for sale.
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Rupert Murdoch, the billionaire CEO of News Corp., has reportedly offered to buy a three-story penthouse for &#36;44 million, which would be the highest price ever paid for a Manhattan apartment if the deal goes through.
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HARRISON, N.J. -- With backhoes and bulldozers rumbling in the distance, the New York Red Bulls formally broke ground on a $140 million stadium Tuesday.
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It's bonus season on Wall Street and there's plenty of holiday cheer this year. The New York State comptroller yesterday said the securities industry will distribute envelopes stuffed with about $24 billion -- a sum larger than the gross national product of many countries. If you were to add in the hedge funds arrayed along the Connecticut gold coast and the private-equity firms scattered around the country, the number could easily top $50 billion....
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Further proof New York's real estate market is inflated: The city plans to sell space on top of lampposts to wireless phone companies for &#36;21.6 million a year.
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Some mutual funds invest in stocks; others invest in bonds. Now a new breed of funds is offering the chance to own fine art.
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The bonus, the highest ever for a Wall Street chief executive, came a week after Goldman reported a record profit of $9.5 billion.
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Apartment hunting in Manhattan can  trigger depression for the budget-minded, but these are heady  times at the top end as The New York Times reported on Friday  that media mogul Rupert Murdoch is set to buy a Fifth Avenue  triplex for $44 million -- in cash.
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Some mutual funds invest in stocks;  others invest in bonds. Now a new breed of funds is offering  the chance to own fine art.