Rents in Brooklyn have skyrocketed to an average of $3,035 in July, up 8.2% from July of last year.
The average rent in Manhattan was $3,822 in July, up 1.7%.
Brooklyn luxury units — those priced in the top 10% of the market — led the surge, with the average rent in this segment hitting $6,007, up 8.8%.
A new study released Wednesday by Domo and CEO.com found that nearly 70% of Fortune 500 CEOs have no presence whatsoever on any major social media channels, including Facebook, Twitter, LinkedIn or Google+. Of the 30% that choose to engage in social media, nearly all of them (28%) do so through LinkedIn. And while the number of CEOs utilizing the other three networks is small, it appears that Twitter is the only other social channel Fortune 500 CEOs are moving toward (albeit, slowly). Read More
On Tuesday, the online retailer announced the start of Amazon Art, where customers can buy original and limited-edition art from more than 150 dealers and 4,500 artists, ranging in price from a $10 screen print by the up-and-comer Ryan Humphrey to a $4.85 million painting by Norman Rockwell.
Amazon, which worked with Sotheby’s for a short-lived experiment selling art on the Web in 1999, will now vie with other, more established competitors in the online marketplace, including Artsy and Artnet.
A group of rap-star wannabes blew a $130,000 marketing loan on drugs, first-class airplane tickets and cross-country trips to entertainment festivals — where they weren’t even performing, a new Manhattan lawsuit claims.
While Bronx-based Da YoungFellaz, who have rhymed with Talib Kweli and Snoop Dogg, boast on their Web site that they “haven’t just sat around and waited for fame to land in their lap,” their legal adversaries tell a very different story.
StigmaSound, a Manhattan recording studio, says YoungFellaz Joseph Aguiar, Johnny Aguiar and Brett Officer blew through their first $25,000 loan, meant to rocket the group “toward A-level stardom in the entertainment industry,” in just three months by last October.
“The defendants used loan money . . . for illegal purchases of marijuana,” the Manhattan Supreme Court suit alleges. Read More
The daughter of bi sexual republican congressman Michael Huffington and media mogul Arianna Huffington (founder of Huffington Post) was just 16 when she tried her first line of cocaine. Soon after, she became addicted. Now 24 and sober, she tells Glamour her story—and shares the truths about drug addiction every woman should hear.
“Cocaine almost killed me” -Christina Huffington, Arianna’s daughter, speaks out about her addiction—Read full story at: GLAMOUR
This is the story of Rashad Phillips, a man who’s struggle through many trials and adversity, molded him into the man he is today and how he changes lives using basketball as his tool and his guide.
At age 17, Ronnie Fields was one of the top basketball prospects in the world, until a near fatal car crash changed his life forever. This is the story of one man’s journey to the edge of darkness, and how he emerged on the other side a legend.