JLL Capital Markets has arranged a $62 million preferred equity investment for 51 Astor Place, a 12-story office building in Manhattan's East Village. 

Simply Wall St 3 min read In recent days, Airbnb has highlighted how U.S. markets are grappling with softer demand, tighter regulations, and a clampdown on fraudulent listings, even as it pushes Airbnb-friendly apartments to comply with local rules. At the same time, the company’s efficient business model, strong profit margins, and 9.4% annual growth...

Meta is being sued by Solos, a rival smart glasses maker, for infringing on its patents, Bloomberg reports. Solos is seeking "multiple billions of dollars" in damages and an injunction that could prevent Meta from selling its Ray-Ban Meta smart glasses as part of the lawsuit. Solos claims that Meta's Ray-Ban Meta Wayfarer Gen 1...