Commentaries

Celebrity Real Estate: Raja Bell, a Retired NBA Star, Puts His Miami Condo for Sale

Raja Bell, a retired NBA star, had put his Miami condo for sale in October for $999,000. This November, the price was cut to $925,000. The reduction of the price of Bell’s condo comes in the wake of a variety of other moves by him to scale back.

Blackstone Group Sells the London Hotel in Midtown for $382M

Blackstone Group has sold the London Hotel in Midtown for $382 million, or $678,000 per room, to the Abu Dhabi Investment Authority. The Hyatt Times Square and the Marriott Edition on Madison Square Park are also owned by the Abu Dhabi Investment Authority, which is expected to retain the current management team.

Brad Pitt Blasts Bankers Saying They Should Pay for Financial Crisis

When the Hollywood actor was asked if banks should have been accountable for the crisis that inspired the film, he sighed, “I’m as frustrated as you are ... I think it’s horrible that no bank officials have ever been held accountable, therefore there’s no incentive to stop this behavior.”
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