Product that tells our story
Michael Shvo, the once-high-flying New York developer, crashed to Earth on glam South Beach, Miami, boulevard Collins Avenue. Shvo was forced to unload the iconic Raleigh Hotel to Nahla Capital for $270 million this month, Bloomberg first reported. The project was beset by slow condo sales, stalled construction and a looming, $190 million mortgage payment. […]
The head of an iconic Philadelphia cheesesteak restaurant says he may be forced to raise the price of his $13.49 sandwich — a prospect that could alienate his loyal customers who could be asked to bear the burden of soaring beef prices. “I really hate to do that,” Ken Silver, the president of Jim’s South […]
The president of iconic New England store Jordan’s Furniture is giving up his seat at the head of the table. Eliot Tatelman, the self-described Jordan’s mascot forever ingrained in New Englanders’ memories with his quirky commercials and wild giveaways, announced that he’s stepping down from the company and handing the reins over to his two […]
It’s with no glee that we report yet another apparent delay in reopening the iconic Waldorf-Astoria Hotel. The doors won’t swing wide again until September, according to our on-the-ground sources. Property owner Daija Insurance Group and hotel management company Hilton for the past few months touted a “spring” reopening, which our sources said would have been […]
