After making his fortune in the days before the dot-com bubble burst, GeoCities co-founder David Bohnett has spent much time and energy figuring out how to spend it.
These days, most of Mr. Bohnett’s vast wealth (Yahoo bought the social networking company for $3.6 billion) goes to worthy causes—LGBT rights, gun control, the arts, AIDS research—through his eponymous foundation. But Mr. Bohnett has clearly kept a little cash in the bank for real estate deals, as he’s just purchased a $1.9 million pied-a-terre in Midtown, city records show.
Mickie Rosen is Yahoo!’s Senior Vice President for the Yahoo Media Network. In the company’s words, her job is to work with “Yahoo! Finance, Yahoo! News and Yahoo! Sports focusing on the content strategy, programming and cultivating Yahoo!’s ‘voice.’” It’s a big job, making Yahoo! brand-name competition with outlets like AOL/The Huffington Post as well as the likes of NBC, ABC, and CBS. She probably oversees quite a few people. Now—due to a misfired email—she probably has a better idea of who they are, and who they are not.
The New York Times opinion writer Virginia Heffernan has taken a newsroom buyout, Politico reports. She’s headed to Yahoo News, where she will write a weekly column about the intersection of technology and politics in the 2012 election and host a video interview series.
“I want to talk to tech people, and new Read More
Whether it’s revitalizing an old property with hip new tenants, or reassuring an established firm that its current address is the right fit, David E. Green showcases the kind of commercial real estate savvy that has earned him trust among an eclectic portfolio of clients.
Mr. Green’s peers recognize it, too, and that’s why the Cushman & Wakefield executive director has been named this year’s Real Estate Board of New York “Young Real Estate Man of the Year” recipient.
Even in Manhattan, a building can go stale.
In Midtown South, for example, a commercial property can amass a litany of blue-chip legal practices and financial services firms in one decade, and then, 10 years later, watch as its tenant portfolio withers in prestige.
Take 2 Park Avenue. The building once served as the base of operations for Newsday and Times Mirror Inc. back in the 1980s and 1990s and more recently for The Hartford, the Connecticut-based insurance company.
Yahoo! shut down four blogs today, according to Lindsay Robertson, editor of Yahoo!’s TV blog, The Set. In addition to turning off The Set, she wrote that The Amplifier (music), The Projector (movies, edited by Will Leitch), and The Famous (celebrities) were killed.
The editorial axe falls as Yahoo!’s board contemplates a partial Read More
As previously noted, now-ousted Yahoo CEO Carol Bartz made quite the name for herself with—among other accomplishments—having a particularly quotable, profane mouth. After her firing Tuesday night, she did not disappoint. It’s an appropriate closer for Ms. Bartz’s tenure at the company.
Peter Kafka at AllThingsD prepares us for the sale of Hulu, with bids expected in the neighborhood of $1.5 billion. Mr. Kafka speculates that the most likely buyer may be Yahoo, a company (like other prospective bidders) with none of the blossoming ambivalence and complications that bedevil current co-owners Disney, News Read More
Yahoo! Local, the latest manifestation of Yahoo’s portal nostalgia, is up to 111 neighborhoods in Brooklyn, Queens and Manhattan.
Hyperlocal news! Daily deals! The new local Yahoo! is available in an optimized-for-mobile web version, and in the Android Market and iPhone App Store on Android and iPhone.
It’s also leveraging crowdsourcing. From the Read More