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A Saudi royal might be buying the Plaza hotel for $352 million

Shutterstock/Sean PavoneCould the Plaza Hotel finally be getting a new owner? After a canceled foreclosure auction this spring, an unidentified member of the Saudi royal family and London-based investment firm 3 Associates are in talks to buy the iconic property for $352 million, the New York Post reported. The joint venture is also looking to buy London’s Grosvenor House for $882 … [Read more...]

Report: One of the NYPD’s main crime strategies is a big failure

Thomson ReutersMIDTOWN — Broken windows policing may be broken, according to a blistering new report by theOffice of Inspector General for the NYPD. A six-year analysis by the NYPD IG, which falls under the Department of Investigation, has found there’s no correlation between the number of quality-of-life summonses issued for offenses like public urination and alcohol consumption … [Read more...]

This yacht was built for a Russian billionaire and just broke a world record

156m Dilbar has now officially become the world's largest yacht by volume. This follows Lurssen confirming the yacht's gross tonnage of 15,917 tons. The yacht therefore tops Al Said's 15,850 tons and Azzam's 13,136 tons.  Yacht Harbour With a beam of 23 meters and a deep draft of 6 meters, the yacht's exterior was designed by Espen Oeino. Dilbar can cruise at a … [Read more...]

Paul Ryan calls Democrats’ gun control sit-in a ‘publicity stunt’

Thomson ReutersWASHINGTON (Reuters) - Democrats staged a "sit-in" on the floor of the U.S. House of Representatives on Wednesday demanding the chamber remain in session until the Republican leadership agrees to a vote on gun control legislation following the Orlando mass shooting. Chanting "No bill, no break!" scores of Democratic lawmakers joined in the protest. A similar action happened in … [Read more...]

Germany’s president isn’t going to serve a second term — and that could be bad news for Angela Merkel

REUTERS/Fabian BimmerBERLIN (Reuters) - German President Joachim Gauck said on Monday that he would not serve a second five-year term, a decision which could trigger a battle between the parties in Chancellor Angela Merkel's ruling coalition over who should succeed him. Although the position of president is largely ceremonial in Germany, the selection of the last two heads of state has caused … [Read more...]

Some British business owners are blaming red tape on London, not Brussels

Luke MacGregor / ReutersSITTINGBOURNE, England (Reuters) - Troy Barratt, a small business owner in this southeastern English town, has a list of labor, energy and safety regulations that add to the costs of his precision metal fabrication firm. But unlike opponents of Britain's membership in the European Union, he puts the blame on London rather than Brussels. "By far the biggest frustration I … [Read more...]

DIVIDED AUSTRIA: A country split over the resurgent far right

REUTERS/Leonhard Foeger VIENNA (Reuters) - When the far right took the lead in Austria's presidential election earlier this year, Viennese businessman Georg Demmer says he was so shocked that he got involved in national politics for the first time. Patiently and methodically he and a group of like-minded people worked their way from bar to bar, persuading and cajoling voters to cast their ballot … [Read more...]