By Kara Bloomgarden-Smoke 2:29pm

Cash Money

Times Building

The New York Times Company Sells Some Assets

The New York Times is having a pretty good week so far.

The New York Times Company will get a cool $100 million in net profit for their interests in Indeed.com, the job search site, reports Reuters. Japanese executive search firm, Recruit Co Ltd., will acquire the website.

This comes after yesterday’s announcement that The New York Times Company had finalized the sale of About.com to Barry Diller’s IAC for $300 million in cash. That adds up to a nice bit of change. Read More

By Elise Knutsen 10/10/11 10:42am

Foreign Affairs

Give us your tired, your weary, your wealthy.

Barbarians at the Door: 1-in-3 Condos Bought by Foreigners

Wonder why luxury real estate is so expensive and hard to find these days? Blame the foreigners!

A report from Stribling released Friday gives some hard numbers to something New Yorkers have been complaining for years: foreigners are buying up all the best apartments. According to Crain’s, the brokerage claims that about 33 percent of all condo purchasers and 15 percent of all buyers in New York City are from other countries. Read More

By George Gurley 8/09/11 1:05pm

Money for Nothing

South Korean Economy Boosted As Won Jumps To New High

fREE ca$H 4 U!!! NOT a scam!

Besides being well-known, well-heeled New Yorkers, what do Henry Kravis, Jessica Seinfeld, Donald Trump, Lewis Lapham, Lizzie Grubman, Peggy Siegal, Nina Griscom, Ira Rennert and Nicole Miller all have in common? They don’t know it yet but Tiffany & Co. owes them money. How about Jerry Seinfeld, Matt Dillon, Michael Nouri, Sigourney Weaver, Julia Stiles, former Observer editor Peter W. Kaplan, Glenn Close, Joey Ramone’s heirs and Madonna? Cold, hard and abandoned cash from Walt Disney could be coming their way very soon.

Want more? Read More