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Empire State Building gets 'left-field' $2 billion offer to sell

NEW YORK (Reuters) - A New York City real estate company offered to buy the Empire State Building for $2 billion, a written offer showed, significantly below the skyscraper's appraisal price and...

billion reuters york

Found 20 hours ago on channel Reuters

With an Eye Toward Disaster, NYC Debuts Solar Charging Stations

Nerval's Lobster writes "When hurricane Sandy pummeled New York City last fall, it left a sizable percentage of the metropolis without electricity. Residents had trouble keeping their phones and tablets charged, and often walked across whole neighborhoods to reach zones with power. Come the next disaster, at least a few citizens could communicate a little easier thanks to 25 solar-powered charging stations going up around the city. The stations—known as 'Street Charge' — are the result of a partnership between AT&T, Brooklyn design studio Pensa, and portable solar-power maker Goal Zero (with approval by the city's Parks Department). The first unit will deploy in Brooklyn's Fort Green Park on June 18, followed in short order by others in Union Square, Central Park, the Rockaways, and other locations. Each station incorporates lithium-ion batteries in addition to solar panels; charging a phone to full capacity could take as long as two hours, but the time necessary for a partial charge ...

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Found 1 day ago on channel Slashdot

New York lays out $20 billion plan to combat effects of climate change

NEW YORK - New York Mayor Michael Bloomberg on Tuesday announced a $20 billion plan to prepare for rising sea levels and hotter summers expected as a result of climate change in the coming decades.

billion mayor michael bloomberg york

Found 1 week ago on channel Reuters

NYC lays out $20 billion plan to combat climate change

NEW YORK - New York City would spend nearly $20 billion to get ready for rising sea levels and hotter summers under a proposal unveiled on Tuesday by Mayor Michael Bloomberg.

billion mayor michael bloomberg nyc york

Found 1 week ago on channel Reuters

Bank of America $8.5 billion settlement heads for court showdown

NEW YORK - A long-running fight comes to a head on Monday when court proceedings begin over an $8.5 billion settlement between Bank of America Corp and investors in mortgage securities that turned sour in the financial crisis.

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Found 2 weeks ago on channel Reuters