Fair 38°
Real Estate
New York Foreclosures At All-Time High, America At All-Time Low New York Foreclosures At All-Time High, America At All-Time Low
New York Foreclosures At All-Time High, America At All-Time Low Foreclosure auctions in the U.S. are at an 11-year low -- but not in New York. It's quite the opposite, as foreclosure auctions are at an 11-year high, according to a new report by ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database. ATTOM Data Solutions released its Year-End 2017 U.S. Foreclosure Market Report, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 676,535 U.S. properties in 2017, down 27 percent from 2016 and down 76 percent from a peak of nearly 2.9 million in 2010 to the lowest le…

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by Cecilia Levine
Business
First Amazon Go, Checkout-Free 'Store Of Future,' Opens First Amazon Go, Checkout-Free 'Store Of Future,' Opens
First Amazon Go, Checkout-Free 'Store Of Future,' Opens Amazon may be once again changing the way tristate residents -- and American -- get their shopping done. Amazon launched its first Amazon Go store this week, a checkout-free grocery store that opened its flagship store in Seattle on Monday after experimenting with physical retail locations for several years. According to Amazon, the company “created the world’s most advanced shopping technology so you never have to wait in line.” The inaugural store is 1,800-square feet and in Amazon's main headquarters. “Our checkout-free shopping experience is made possible by the same types of technolog…

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by Zak Failla
Business
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon has revealed the number of jobs it expects to add and the average annual salary at its new second headquarters after announcing 20 finalists, including New York City, for the new location Thursday morning.Amazon said it expects to invest more than $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs with an average salary of $100,000. Seattle-based Amazon did not disclose how it determined the finalists after receiving nearly 300 applications from localities.  The winner will be selected later this year. No specific month for that…

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by Joe Lombardi