Key Events This Week: PMIs, Productivity And Consumer Sentiment

NYC Tower Owner Prepares To Rebuild 15 Floors After I-Beam Failure Fears of a possible collapse at a condo tower under construction near Grand Central Terminal had abated by the end of the week, but the incident only signals the massive engineering challenges tied to Manhattan's office-to-apartment conversion boom. The former Pfizer headquarters at 235 East 42nd Street, being converted by David Werner and Nathan Berman's Metro Loft Management into more than 1,600 residential units, has become a high-profile example of the risks of repurposing aging office towers into housing at...

Russian President Vladimir Putin told US envoy Steve Witkoff during a meeting in St. Petersburg on Wednesday that Russia was ready to resume trilateral talks with the US and Ukraine next month. “Our president informed Steve Witkoff that we are ready in principle to resume the above-mentioned trilateral talks around November 10 on the main […]