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NYC Tower Owner Prepares To Rebuild 15 Floors After I-Beam Failure

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...
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Sep 29, 2026 / Tyler Durden
Trump Uses Recission "Loophole" To Cut Nearly $1 Billion In Funds For Illegals
Trump Uses Recission "Loophole" To Cut Nearly $1 Billion In Funds For Illegals To summarize the Democrat Party's current strategy on immigration, here is essentially how it works:  Whenever in power, they create billions in incentives and subsidies to entice third world migrants to flood the US en masse.  With open borders and amnesty programs, moving 10 million or more illegals at a time into the country is easy and fast.  When out of power, they use lawfare and political obstruction to prevent deportations and slow down the process.   In other words,...
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Jun 23, 2026 / Tyler Durden
AfD Co-Leader Demands Ukraine Pay Reparations To Germany
AfD Co-Leader Demands Ukraine Pay Reparations To Germany Authored by Andrew Korybko, Europeans and especially Germans have borne enormous costs to perpetuate the Ukrainian Conflict while receiving absolutely nothing of tangible benefit in return. AfD co-leader Alice Weidel responded to Chancellor Friedrich Merz’s proposal to grant Ukraine associate membership in the EU, which was analyzed here and here, by declaring that “We need to know how this state-terrorist act against the most important infrastructure we had, namely the Nord Stream pipelines, came about and what role Ukraine played in it. The flow of payments should actually be moving...
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Oct 23, 2026 / Tyler Durden
US Manufacturing Sector Survey Hits 53-Month High, But "Cost Pressures Remain Key Concern"
US Manufacturing Sector Survey Hits 53-Month High, But "Cost Pressures Remain Key Concern" After surging in September (and prompting some exciting moves in Treasuries - and STIRs), preliminary October PMIs from S&P Global were expected to drop modestly (for both Manufacturing and Services). Instead it was more mixed with Manufacturing better than expected (56.0 vs 55.9 prior vs 55.5 exp) but Services down a little (57.9 vs 58.8 prior vs 58.0 exp). That is a 53-month high for the Manufacturing sector... The US remains the strongest economy in the world based on these...
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