‘This Is Not the Way Everybody Behaves.’ How Adam Neumann’s Over-the-Top Style Built WeWork. – WSJ

Adam Neumann was flying high. Literally. His office-rental giant WeWork was months away from being valued at $47 billion. Revenue was doubling annually. And Mr. Neumann was zipping across the Atlantic Ocean in a Gulfstream G650 private jet with friends last summer, smoking marijuana. After the group landed in Israel and left the plane, the flight crew […]

That Noise? The Rich Neighbors Digging a Basement Pool in Their $100 Million Brownstone – The New York Times

ImageNowhere to go but down: Making room for an in-ground pool at 48-50 West 69th Street in Manhattan.CreditCreditBenjamin Norman for The New York Times The extremely loud and incredibly expensive renovations that have shattered a formerly quiet residential block in Manhattan. Nowhere to go but down: Making room for an in-ground pool at 48-50 West […]

Barneys New York secures $50 million in credit after rent spike

Luxury retailer Barneys New York just got a lifeline. The retailer has extended the term of its credit line by $50 million, giving it money for growth, as well as needed liquidity to weather industry challenges and a rent hike at its famed New York flagship, people familiar with the talks told CNBC. Rent at […]

The House We Live In — Real Life

At the Atlantic earlier this week, Sidney Fussell reported on Airbnb’s policies toward hosts installing cameras to observe their customers and the platform’s apparent ambivalence about enforcing them. As Fussell notes, Airbnb hosts are permitted to have cameras installed in living rooms, common areas, and outdoor spaces, but not bathrooms and sleeping areas. They are […]

In Pod-Based Community Living, Rent Is Cheap, But Sex Is Banned – Motherboard

Airbnb, once a saviour from overpriced hotels, has become the new overpriced hotels since becoming the short-term accommodation staple. But with the rise of community living and workcations, an alternative might be to just sleep where you cowork. That’s the idea behind PodShare, a coworking space with beds, which has three locations in Los Angeles. […]

You Give Apps Sensitive Personal Information. Then They Tell Facebook. – WSJ

Millions of smartphone users confess their most intimate secrets to apps, including when they want to work on their belly fat or the price of the house they checked out last weekend. Other apps know users’ body weight, blood pressure, menstrual cycles or pregnancy status. Unbeknown to most people, in many cases that data is […]

Amazon Picks New York City, Northern Virginia for Its HQ2 Locations – WSJ

New York City and Northern Virginia will be the homes for Amazon.com Inc.’sAMZN +0.60% second and third headquarters, according to people familiar with the matter, ending a more than yearlong public contest that started with 238 candidates and ended with a surprise split of its so-called HQ2. The imminent announcement is expected as soon as Tuesday, according to the […]

Google Is Planning to Expand Its Presence in New York: Report

Google’s New York office is shown in lower Manhattan on March 5, 2018 in New York City. Photo: Spencer Platt (Getty) Hot on the heels of a report that Amazon is planning to split its HQ2 between Arlington, Virginia and New York’s Long Island City, Google is reportedly looking to expand its own presence in […]

Get in Bed With Skynet – The New York Times

Robot furniture is happening. This is the single greatest thing to happen to humanity ever, the robots told us to say. The Bumblebee Spaces “A.I. Butler” furniture system uses heavy duty straps to lower and raise the furniture from the ceiling. Video by Jason Henry for The New York TimesPublished OnSept. 21, 2018 As Americans […]