Archive for July 27th, 2010
House Of The Day: Check Out This Waterfront New York Mansion For Auction
Right now, many houses are going up for auction across the United States as owners come to terms with difficult financial positions.
We’ve picked one, only 55 miles from Manhattan, that is hitting the market on August 14.
Nicknamed “Gable Hill,” this estate lies on 2.69 acres of land and overlooks the water.
It was only completed in 2009. If you’re intrigued, there is an open house August 8.
See the estate and the house >>>
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OFFICE TOUR: Behind The Scenes At Bloomberg TV
Last week we got a special-access, behind the scenes tour of Bloomberg TV.
Bloomberg runs a very smooth (high security) operation on 59th and Lexington, and the TV newsroom is an efficient and streamlined place.
The reporters we spoke with were very friendly and on top of their game, as they juggled filing, going on air, and tweeting.
It’s a fast-paced, cool place so needless to say we took a lot of photos.
Click here to tour Bloomberg TV >
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SNAPSHOT: Here’s Everybody That Works At Foursquare
Whether you think Foursquare is the next big thing or just a passing fad, there’s no denying that it’s just about the hottest thing in startups right now.
For most of its existence, Foursquare has been crammed into a shared office with web design startup Hard Candy Shell and blog network Curbed. Two weeks from now, the company moves into the space above.
That’s a whole lot of office for this handful of employees. So don’t let the flip-flops and the cross-legged meeting fool you. These guys are the ground level of something that’s about to be a huge business.
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CHART OF THE DAY: The Housing Market Is Ugly EVERYWHERE
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Today, the Case-Shiller Home Price Index numbers were released and Las Vegas was the only city that showed a decline in values, falling 0.5%.
But that exclusivity belies the reality that many markets across the U.S. are not performing well. Charlotte continues to not show an improving year-over-year trend, according to Deutsche Bank. That could be a result of layoffs from two of the city’s biggest employers, Wachovia and Bank of America.
But many other U.S. cities are also not experiencing the growth they’d hope for, with Detroit a notable depressing site.
Here are the 15 states where housing is wildly underwater >
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CBI survey reveals optimism among retailers
A survey by the Confederation of British Industry (CBI) today revealed shoppers hit the High Street in July, with sales increasing at the fastest pace in more than three years.
According to the CBI’s monthly distributive trades survey, supermarkets, clothes and shoe shops received the most business as sales grew at the fastest rate since April [...]