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Magical Hasidic Crown Heights Family Makes Oprah "Normal"

Magical Hasidic Crown Heights Family Makes Oprah "Normal"

The country's richest woman spent a day with a Hasidic family in Crown Heights, and when she realized they had no idea what an "Oprah" was, she was apparently transformed into a normal person. "I didn't know I was more Hasidic Jew than I thought," she told Rabbi Motti Seligson in an interview after the visit. "I respect its reverence for a sense of family, a sense of harmony, a sense of grace and graciousness within the family." more ›

Chrysler Building Acquired by Middle East Group

Chrysler Building Acquired by Middle East Group

An Abu Dhabi sovereign wealth fund has acquired the Chrysler Building from a fund managed by Prudential Financial Inc. for an untold sum. It was learned last month that the Abu Dhabi group was considering buying a majority stake in the 1930 skyscraper for $800 million; Bloomberg news is now reporting that the deal is done. Middle Eastern investors have spent $1.8 billion this year buying commercial property in the U.S., more than other international buyers. “We're sending our money their way to purchase oil, and that money is coming back and buying our assets,” said Dan Fasulo, market analysis director at Real Capital. more ›

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