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USD/JPY156.32▼ 1.64%

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WTI91.63▲ 0.68%

BTC81,008▲ 4.80%

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Nikkei64,938▲ 0.95%

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DXY99.04▼ 0.52%

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Carnegie House Ground Lease Award Voided

Carnegie House has won a crucial legal reprieve in a fight that has become a test case for New York’s ground-lease co-ops, after a state appellate panel voided an arbitration award that would have lifted annual ground rent by 450% to about $24 million.

Aerial view of multiple skyscrapers on Billionaires' Row in New York City.

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China Air Cargo Routes Expand Across Asia

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