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Amazon makes Seattle America’s biggest company town

Amazon’s extraordinary growth has turned Seattle into the biggest company town in America. Amazon now occupies a mind-boggling 19 percent of all prime office space in the city, the most for any employer in a major U.S. city, according to a new analysis conducted for The Seattle Times. Amazon’s footprint in Seattle is more than twice as large as any other company in any other big U.S. city, and the e-commerce giant’s expansion here is just getting started. The swarms of 20-somethings crowding into South Lake Union every morning represent an urban campus that is unparalleled in the United States — and they have helped transform Seattle , for better or worse. Amazon’s rapid rise has fueled an economy that has driven up wages and lowered unemployment, but also produced gridlock on the roads and sky- high housing prices . And while Seattle’s booming economy is often attributed to a wide variety of factors, increasingly, it’s all about one company. Amazon now occupies more office space t...

ICYMI: Al Capone’s Park Slope Home Is For Sale

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PARK SLOPE, BROOKLYN — If you've ever wanted to live in the old Brooklyn home of a notorious gangster, you've got a chance to do it. The Park Slope home where Al Capone used to live is up for sale, and it will only cost you a cool $2.5 million to move in. Capone grew up in a nearby building on Garfield Place, according to realtor.com, and moved into this listing in the early 1900s. "If he had lived here today, he wouldn’t have to go into the rum-running business," listing agent Bren Salamon told Patch . That's because Capone could make some serious dough from the two rental units attached to the condo, which could bring in a pretty penny in 2017 Park Slope . Anyone who moves in, though, won't be looking at any old relics of Brooklyn gone by. The home, as many are in the borough these days, was completely renovated by an investor about a year ago. The main townhouse is 2, 980 square feet spread over two levels. Along with three bedrooms and 2.5 bathrooms, t...

The Howard Hughes' (HHC) CEO David Weinreb on Q2 2017 Results - Earnings Call Transcript

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The Howard Hughes Corporation (NYSE:HHC) Q2 2017 Earnings Conference Call August 8, 2017, 10:00 AM ET Executives David Striph - Executive Vice President , Investor Relations David Weinreb - Chief Executive Officer Grant Herlitz - President David O’Reilly - Chief Financial Officer Peter Riley - General Counsel Analysts Alexander Goldfarb - Sandler O’Neill Robert Majek - CJS Securities Will Randall - Citigroup Waheed Khorsand - BWS Financial Alex Barron - Housing Research Center Steve Shaw - Compass Point Operator Good morning. And welcome to The Howard Hughes Corporation Second Quarter 2017 Earnings Conference Call . All participants will be in a listen-only mode. [ Operator Instructions ] After today’s presentation, there will be an opportunity to ask questions. [ Operator Instructions ] Please note, this event is being recorded. I would now like to turn the conference over to David Striph, Executive Vice President , Investor Relations . Please go ahead. David Striph Good morning. A...