Posts From King World News

July 30, 2015 REAL ESTATE

NYC property market still hot even as private equity exits

The private equity and other pooled funds that have made century-old buildings some of the hottest properties in Manhattan have been cashing out at double the rate of a few years ago, but strong buying from other investors has assuaged fears that the market is peaking. The institutional investors and real estate investment trusts that are taking private equity’s place indicate a comfort level for older buildings that have been

July 30, 2015 REAL ESTATE

NYC property market still hot even as private equity exits

The private equity and other pooled funds that have made century-old buildings some of the hottest properties in Manhattan have been cashing out at double the rate of a few years ago, but strong buying from other investors has assuaged fears that the market is peaking. The institutional investors and real estate investment trusts that are taking private equity’s place indicate a comfort level for older buildings that have been

July 30, 2015 LUXURY

Tesla challenges traditional sales strategies with referral program

Tesla Model S U.S. electric automaker Tesla is expanding its sales force to include consumers with the introduction of a new referral program intended to promote sales. Tesla owners will now have the opportunity to create a referral link and share the brand with their friends and family. New consumers who purchase using a referral link will receive a $1,000 discount on their new vehicle, while the person who referred