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The licenses range in price from $1,000 to $20,000 and are expected to raise $371 million.

Starbuck s cups run dry at ten NYC outposts
Retreat will hit Manhattan hardest with four closings.

Newsweek s publisher to depart
Greg Osberg s decision to leave the magazine this fall is yet another blow to the struggling newsweekly category.

Ex-Spitzer aide accuses probers of unfair tactics
Former Communications Director Darren Dopp (pictured) said Public Integrity Commission Executive Director Herbert Teitelbaum is focusing his investigation exclusively on Mr. Dopp.

City targets diversity in entertainment
Ugly Betty star America Ferrera joined city officials to announce a new mentoring program that will target minorities, women, veterans and the poor.

jobless rate jumps, Wall Street layoffs hit
As the economic landscape continues to worsen, the city’s unemployment rate hit 5.4% in June; the jobless rate is expected to continue its climb in the months ahead.

Mr. Bloomberg, who has not yet endorsed a candidate, offered to throw the New York senator a welcome-back event to ease her transition back from 18 months on the campaign trail.

NYC offers $200 bank cards for illegal guns
At six Brooklyn churches, people will be given a $200 Chase bank card for every gun they turn in, with a limit of three per person, with no questions asked.

Four charged with NYC child welfare thefts
Several adoption officials were charged with stealing money or redirecting funds to themselves.

by Donald J. Trump I have to admit I wasn’t so sure the government’s economic stimulus plan was going to be the perfect solution to all our nation’s woes. I still don’t think it’s much more than a temporary Band-Aid but at least it seems to be helping. The Commerce Department reports that the millions of economic stimulus payments sent out in the first wave gave a huge boost to household finances in May, boosting consumer spending by the largest amount in six months and sending after-tax incomes up by the largest amount in more than three decades. The Bush administration hopes that the $106.7 billion in stimulus payments being made to some 130 million households will offset serious economic problems arising from everything from a seemingly unending housing slump, rising debt, soaring energy issues, and more. However, many people are concerned that this economic boost will only be temporary. Once the checks are spent, the risks of more economic downturn are still there. They may even increase. Just look at the financial markets. Recently, the Dow Jones industrial average plunged 360 points in one day, its lowest level in nearly two years. The economic impact obviously can’t be good, stimulus checks or not. So what’s next? If you got a check and didn’t spend it yet, consider making some well-thought-out purchases, at least with some of the money. If you need it to pay bills, then do that. I’m glad the checks are making an impact but I know it’s no long-term economic cure. We need a serious fix, not a short-term solution.   Donald J. Trump is Chairman of Trump University.

“Progress” in NYC concrete strike talks
The association of concrete producers and the union representing some 400 cement truck drivers met for several hours Tuesday, narrowing points of contention on their contract.

Wachovia loses money on midtown building sale
The bank and brokerage will sell 1372 Broadway to a partnership led by New York developer Lloyd Goldman for $294 million, compared with a value of $335 million last year.

Office market gets worse in Manhattan
More space available as leasing activity drops 13% in first half of 2008, new report shows.

Critics to follow Willets Point plan to hearing
As the Queens Borough president considers the redevelopment plan, two groups fighting it will protest.

There May Be Too Many Fingers in The Pie…
by Brett Carman Today I am wanting to discuss the topic of too much real estate finance competition in the lending industry causing consumers to have paralysis of analysis. We are inundated with advertisers trying to get us to use their financing. Everyone from our insurance agent, realty agent, bank teller, home builder, accountant, lawyer, financial planner, tax preparer, accounting software company, newspaper and magazine subscription and web search engines are trying to sell us a mortgage. I apologize to any bartender or golf pro who I may have omitted from my list.  The fact remains that with so many of our current trusted advisors and vendors soliciting us, who do we trust to get us a fair deal and do so with competency, efficiency and full disclosure? Prior to about 10 years ago, you had mortgage bankers and mortgage brokers. All they did were loans and they did them well. They belonged to their local trade associations and participated in their communities. They weren’t in India or in a call center in California with a name you couldn’t pronounce or a number that could only dial out if they needed something from you. They didn’t push product that would be to your detriment like “negative-amortization” because they knew it probably was a bad long term program for you. I think I liked it better the old way in real estate investing because in our search to have bragging rights to the lowest rate, we have sacrificed customer service, product knowledge and experience. Your next loan for an investment property could be processed by someone with little or no experience and with all that is riding on an on-time closing that needs to be hassle-free and be structured to your advantage, why leave it up to chance? There are just too many ways to screw it up to have an amateur working on your loan. Am I right?   Brett Carman is a seasoned veteran in the real estate industry for over 17 years. He holds active licenses in real estate, mortgage finance, and property & casualty insurance. Offering a one-stop shop for his residential and commercial clients, he strives to not only educate, but streamline the real estate acquisition process. With a long and proven track record of success, he is uniquely qualified and has a passion for helping people achieve their goals in real estate. 

Elected officials support Saint Vincent plan
Several elected officials voiced their support for Saint Vincent Catholic Medical Centers’ proposal to tear down the O’Toole Building to make way for a 21-story hospital.

Benefit From Inflation!
by Michael Sexton I know you are all relieved to know that Fed Reserve Chairman Bernanke is now going to set his sights on curbing inflation (sarcasm). However, in the unlikely event his efforts are not effective, here is an idea I think is worthy of noting. Have you ever heard of “if you can’t beat ‘em, join ‘em”? I am talking about a way to be in a position to help you offset or even benefit from the inflation we are beginning to experience.  My solution is investing in real estate. It’s what the millionaires and billionaires are doing. They are taking full advantage of the soft real estate market and low interest rates to build their real estate portfolios. Of course you are scared to jump in when the press is constantly pounding you with bad news. Here’s a little tip… bad news sells better than good news and the news media knows it, too! They take full advantage of the opportunity to exacerbate some of the real problems in our economy. But, I digress.  As inflation occurs with energy and fuel etc., the cost of construction materials also rises making re-sale real estate one of the beneficiaries. Buying existing properties in the current economic cycle will leverage against inflation and least give you gains in real estate even though you may be paying some of it back at the gas stations and grocery stores. Questions or Comments?   Michael Sexton is President of Trump University.

Bearded Police Officers in Houston
by Donald J. Trump Apparently, facial hair is serious business when it comes to the Houston police department. City officials have authorized spending as much as $150,000 to defend the city in a lawsuit challenging a policy that forbids beards and goatees. The City Council says they want to hire new police officers, but they don’t want new police officers who happen to have a lot of facial hair. Four police officers filed a federal civil rights lawsuit in November claiming the no-beards policy is discriminatory. The officers say the ban on beards and goatees is unfair for men who suffer skin conditions and can’t shave. The policy was originally instituted by the police department in 1993 so that uniformed officers would look conservative and professional. But some officers say if they look too clean-cut, that affects their earning potential both inside and outside the police department. They say if they work in a dangerous area, the bad guys immediately know they’re cops. I have to side with the City Council on this one. I think a good appearance is critical in every line of work so I’m all in favor of them insisting that their officers be clean-shaven. There’s nothing wrong with instituting a strong dress code. Sorry, officers, but pull out your razors.   Donald J. Trump is Chairman of Trump University.

City proposes fire safety regs for construction
A report issued Wednesday said contractors should check standpipe connections regularly to prevent deadly blazes.

Single floor near Union Square fits bill

Home furnishings a blend of cultures
Owners bring Italian and Colombian styles to new store.

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Fund doubles space in new Silverstein building
QVT Financial to take on another 24,000 square feet on Sixth Avenue.

Italian landlord lands first tenant
Indiana insurance firm inks deal

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by Donald J. Trump A sixth-grade teacher in Seattle was suspended for refusing to give his students a federally-mandated standardized test. Science teacher Carl Chew said for years he watched his students suffer with test anxiety. Some, he said, got physically sick and others actually cried. He said the test created an atmosphere he called “rife with fear,” so he just decided not to give it. This didn’t sit well with his principal who suspended him for nine days without pay for insubordination. The teacher’s actions made him a hero for a lot of parents who sent him letters from as far away as Hawaii and Canada. A lot of people think the tests are harmful to students because of all the pressure put on them by schools, teachers and sometimes parents. But others argue that we need some way to know where students stand academically. There are several teachers across the country who have taken a stand like this Seattle teacher. His act will cost him about $1,000 dollars. It may go on his permanent record and, ultimately, he could lose his job. I applaud him for standing up for what he believes in but he has to be ready for his consequences. The fact of the matter is…he didn’t do his job so he might have to hear the words, “You’re fired.”   Donald J. Trump is Chairman of Trump University.

Are Economic Stimulus Checks Working
by Donald J. Trump I have to admit I wasn’t so sure the government’s economic stimulus plan was going to be the perfect solution to all our nation’s woes. I still don’t think it’s much more than a temporary Band-Aid but at least it seems to be helping. The Commerce Department reports that the millions of economic stimulus payments sent out in the first wave gave a huge boost to household finances in May, boosting consumer spending by the largest amount in six months and sending after-tax incomes up by the largest amount in more than three decades. The Bush administration hopes that the $106.7 billion in stimulus payments being made to some 130 million households will offset serious economic problems arising from everything from a seemingly unending housing slump, rising debt, soaring energy issues, and more. However, many people are concerned that this economic boost will only be temporary. Once the checks are spent, the risks of more economic downturn are still there. They may even increase. Just look at the financial markets. Recently, the Dow Jones industrial average plunged 360 points in one day, its lowest level in nearly two years. The economic impact obviously can’t be good, stimulus checks or not. So what’s next? If you got a check and didn’t spend it yet, consider making some well-thought-out purchases, at least with some of the money. If you need it to pay bills, then do that. I’m glad the checks are making an impact but I know it’s no long-term economic cure. We need a serious fix, not a short-term solution.   Donald J. Trump is Chairman of Trump University.

A Fine if You’re Fat
by Donald J. Trump Tired of a nation that just keeps getting less and less fit, lawmakers in Japan are beginning to fine companies that employ overweight workers. They hope to take a proactive approach to good health, preventing diseases such as diabetes and heart diseases. The country has established waist measurements set by the International Diabetes Federation in Belgium - 33.5 inches for men and 35.4 inches for women. (Personally, these guidelines seem odd to me because women tend to have smaller waists than men. But I digress.) If people exceed those guidelines and then don’t manage to lose their extra inches, their employers could face fines. I know the intention is good. Everyone wants a healthier society. But I don’t think there’s any way they could get away with that in the United States. Americans are much less tolerant of government involvement in personal issues. And you can’t get much more personal than our waistlines. A better idea, say healthy experts, is positive reinforcement. Instead of threatening people if they don’t shape up, why not reward them when they do? Many companies are already doing that, implementing programs that reward incentives when employees actively attempt to improve their health. They earn everything from prizes to cash. (In fact, a recent survey conducted by ERISA Industry Committee and the National Association of Manufacturers, showed that 71 percent of employers offer incentives for health and wellness programs, which is a 15 percent increase over last year.) I think this is a much better idea than fining businesses when their employees aren’t fit. Instead, let them implement their own programs. When in doubt, cash always motivates.   Donald J. Trump is Chairman of Trump University.

Playbill - The Tony Award-winning specialty play, The Two and Only, which opened at the Arts Theatre in London on July 2, following previews from June 25, closed July 13, earlier than expected.

IUPUI says sorry to janitor scolded over KKK book (AP)
AP - A janitor whom a university official had accused of racial harassment for reading a historical book about the Ku Klux Klan on his break has gotten an apology months later from the school.

Karl Rove denies political ties taint Fox News role (Reuters)
Reuters - Former White House aide Karl Rove denied on Monday that his close ties with Republican politics and John McCain’s presidential campaign undermine his credibility as an election analyst for the Fox News Channel.

Are Economic Stimulus Checks Working
by Donald J. Trump I have to admit I wasn’t so sure the government’s economic stimulus plan was going to be the perfect solution to all our nation’s woes. I still don’t think it’s much more than a temporary Band-Aid but at least it seems to be helping. The Commerce Department reports that the millions of economic stimulus payments sent out in the first wave gave a huge boost to household finances in May, boosting consumer spending by the largest amount in six months and sending after-tax incomes up by the largest amount in more than three decades. The Bush administration hopes that the $106.7 billion in stimulus payments being made to some 130 million households will offset serious economic problems arising from everything from a seemingly unending housing slump, rising debt, soaring energy issues, and more. However, many people are concerned that this economic boost will only be temporary. Once the checks are spent, the risks of more economic downturn are still there. They may even increase. Just look at the financial markets. Recently, the Dow Jones industrial average plunged 360 points in one day, its lowest level in nearly two years. The economic impact obviously can’t be good, stimulus checks or not. So what’s next? If you got a check and didn’t spend it yet, consider making some well-thought-out purchases, at least with some of the money. If you need it to pay bills, then do that. I’m glad the checks are making an impact but I know it’s no long-term economic cure. We need a serious fix, not a short-term solution.   Donald J. Trump is Chairman of Trump University.

Death Row Records auctioned for $24 million (AP)
AP - Death Row Records, the hip-hop label that released seminal gangster rap albums by Tupac Shakur, Dr. Dre and Snoop Dogg, has been auctioned for $24 million.

Lack of black models keeps Naomi Campbell going (Reuters)
Reuters - British supermodel Naomi Campbell refuses to retire after more than two decades on the world’s catwalks because there are still too few black beauties in the fashion industry.

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More space available as leasing activity drops 13% in first half of 2008, new report shows.

Citi sells German retail banking unit for $7.7B
The deal is expected to close in the fourth quarter and net Citi a $4 billion post-tax gain.

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“Hellboy II” heavenly at box office (Reuters)
Reuters - The “Hellboy” sequel sizzled at the weekend box office in North America, while Eddie Murphy bombed with his latest comedy, “Meet Dave,” according to studio estimates issued on Sunday.

First photos of Brangelina twins will net fortune (AP)
AP - PARIS (AP) They are the ultimate million-dollar babes. Angelina Jolie and Brad Pitt’s new twins, a girl and a boy born by Caesarean section on Saturday, are barely a few hours old but already their first photos are worth a fortune.

Verizon workers likely to OK strike as talks continue
With the current contract set to expire Aug. 2, more than 65,000 employees could be headed for the picket line if ongoing negotiations fail to produce an agreement.

W. Harlem gets new hot spot
Talay offers Thai-Latin food, al fresco dining; minuscule wine selection

Evan D’Angeles Is Chicago’s New ‘Hunchback’ (Playbill)
Playbill - Bailiwick Repertory’s Jeff Award-nominated production of rocker Dennis DeYoung’s new musical adaptation of Victor Hugo’s classic, The Hunchback of Notre Dame, now extended by the Chicago troupe, will welcome Broadway veteran Evan D’Angeles as Quasimodo beginning July 24.

Lehman leads banks in Friday sell-off
Shares of investment banks tumbled Friday, led by a 23% decline at Lehman; the Dow dropped below 11,000 for the first time in two years amid Fannie Mae and Freddie Mac woes.

NY sentencing for insider trading
A Forklift operator dodged prison by helping investigators identity defendants in a wide-ranging insider trading scheme.

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ANOTHER DANCING TRIUMPH
Mel B gave another amazing performance on Dancing With The Stars last night, picking up an impressive 56 points out of a possible 60. As she was cheered on by husband Stephen Belafonte and her proud dad, our ballroom dancing Spice star powered her way through a tantilising tango and a magnificent mambo to confirm […]

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