Lakewood, NJ – Buying Prime Outlets Inc. in 2003 was one of the best investments that New York investor David Lichtenstein ever made. Now selling the chain of outlet centers is giving him the cash to bail himself out of his worst deal ever.
Mr. Lichtenstein’s closely held company, Lightstone Group LLC, announced this month that [...]
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Lakewood, NJ – How Prime Outlets Sale Is Saving David Lichtenstein
Manhattan, NY – A leaky cruise ship carrying 848 passengers from Iceland is being held in New York Harbor.
A small hole was discovered in the ship’s hull during a routine safety inspection. About a gallon of water per hour was coming into the ship, according to the Coast Guard.
Chief Petty Officer Russ Tippets said that’s [...]
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Manhattan, NY – Leaky Cruise Ship with 848 On Board Detained in NY Harbor
Lakewood, NJ – The investor who led the $8 billion acquisition of Extended Stay is being sued for a “Machiavellian scheme” to push the hotel chain into bankruptcy and to “steal” the company, according to court documents.
Two investors in the junior debt of the 680-hotel chain filed the suit in a New York state court [...]
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Lakewood, NJ – Extended Stay Investor Sued Over Bankruptcy Filing
Tehran, Iran – Gunmen have fired on opposition protesters at a massive march over alleged election fraud, killing at least one person.
An Associated Press photographer saw one person shot dead and several others who appear seriously wounded in Tehran’s Azadi Square. The shooting came from a compound for volunteer militia linked to Iran’s powerful Revolutionary [...]
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Tehran, Iran – Gunfire Erupts At Mass Protest
