CIBC sells distress loan on Fifth Avenue to Flambeau

Daniel Heflin of Torchlight and 445 Fifth Avenue. (Google Maps, LinkedIn via Heflin) New York’s long-awaited troubled deals may finally start to appear. Canadian bank CIBC sold a $ 40 million delinquent loan on the retail stretch of 445 Fifth Avenue to a loan fund linked to Torchlight Investors. Harbor …

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Do we really need more controversial ideas?

Over 30,000 academic journals publish over two million articles each year, which works out to about 5,000 per day or about 200 per hour. It’s a lot; too much, some argued. It is not true that most of these articles are not cited (Nature put the lie to this myth …

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Goldbelly Secures $ 100 Million Investment

Photo courtesy of Goldbelly Restaurant e-commerce platform Goldbelly has received $ 100 million in investment funding to fuel its growth, the company said on Monday. New York-based Goldbelly also announced two C-suite hires: Cristina Miller becomes the company’s COO after seven years as business director of the 1st Dibs design …

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